This module allows you to analyze existing cross correlation between NZSE and Israel Index. You can compare the effects of market volatilities on NZSE 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 NZSE with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and Israel Index.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NZSE is expected to generate 0.49 times more return on investment than Israel Index. However, NZSE is 2.02 times less risky than Israel Index. It trades about -0.17 of its potential returns per unit of risk. Israel Index is currently generating about -0.27 per unit of risk. If you would invest 811,502 in NZSE on October 18, 2017 and sell it today you would lose (10,757) from holding NZSE or give up 1.33% of portfolio value over 30 days.