This module allows you to analyze existing cross correlation between Madrid Gnrl and Israel Index. You can compare the effects of market volatilities on Madrid Gnrl 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 Madrid Gnrl with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and Israel Index.
|Time Horizon||30 Days Login to change|
Madrid Gnrl vs. Israel Index
Assuming 30 trading days horizon, Madrid Gnrl is expected to under-perform the Israel Index. In addition to that, Madrid Gnrl is 1.55 times more volatile than Israel Index. It trades about -0.13 of its total potential returns per unit of risk. Israel Index is currently generating about 0.03 per unit of volatility. If you would invest 107,625 in Israel Index on May 21, 2018 and sell it today you would earn a total of 548.84 from holding Israel Index or generate 0.51% return on investment over 30 days.