This module allows you to analyze existing cross correlation between Nasdaq and Israel Index. You can compare the effects of market volatilities on Nasdaq 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 Nasdaq with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and Israel Index.
|Time Horizon||30 Days Login to change|
Nasdaq vs. Israel Index
Assuming 30 trading days horizon, Nasdaq is expected to generate 617.0 times less return on investment than Israel Index. But when comparing it to its historical volatility, Nasdaq is 6994.0 times less risky than Israel Index. It trades about 1.0 of its potential returns per unit of risk. Israel Index is currently generating about 0.09 of returns per unit of risk over similar time horizon. If you would invest 106,313 in Israel Index on May 20, 2018 and sell it today you would earn a total of 1,972 from holding Israel Index or generate 1.85% return on investment over 30 days.