This module allows you to analyze existing cross correlation between NYSE and Israel Index. You can compare the effects of market volatilities on NYSE and Israel Index and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in NYSE with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and Israel Index.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to under-perform the Israel Index. In addition to that, NYSE is 1.09 times more volatile than Israel Index. It trades about -0.19 of its total potential returns per unit of risk. Israel Index is currently generating about -0.16 per unit of volatility. If you would invest 111,813 in Israel Index on January 23, 2018 and sell it today you would lose (4,715) from holding Israel Index or give up 4.22% of portfolio value over 30 days.