This module allows you to analyze existing cross correlation between Straits Tms and Israel Index. You can compare the effects of market volatilities on Straits Tms 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 Straits Tms with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and Israel Index.
|Time Horizon||30 Days Login to change|
Straits Tms vs. Israel Index
Given the investment horizon of 30 days, Straits Tms is expected to under-perform the Israel Index. In addition to that, Straits Tms is 1.07 times more volatile than Israel Index. It trades about -0.47 of its total potential returns per unit of risk. Israel Index is currently generating about 0.09 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 2,167 from holding Israel Index or generate 2.01% return on investment over 30 days.