Alony Hetz Correlations
ALHE Stock | ILS 2,503 8.00 0.32% |
The correlation of Alony Hetz is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alony Hetz moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alony Hetz Properties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Significant diversification
The correlation between Alony Hetz Properties and NYA is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alony Hetz Properties and NYA in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Alony Hetz could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alony Hetz when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alony Hetz - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alony Hetz Properties to buy it.
Moving together with Alony Stock
Moving against Alony Stock
Related Correlations Analysis
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Our tools can tell you how much better you can do entering a position in Alony Hetz without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Alony Hetz Corporate Directors
Alony Hetz corporate directors refer to members of an Alony Hetz board of directors. The board of directors generally takes responsibility for the Alony Hetz's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Alony Hetz's board members must vote for the resolution. The Alony Hetz board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Adva Sharvit | Director | Profile | |
Shlomo Shuv | External Director | Profile | |
Oshrit BarDavid | Finance Director | Profile | |
Zvi Eckstein | External Director | Profile |
Already Invested in Alony Hetz Properties?
The danger of trading Alony Hetz Properties is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alony Hetz is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alony Hetz. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alony Hetz Properties is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alony Hetz Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Alony Stock analysis
When running Alony Hetz's price analysis, check to measure Alony Hetz's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alony Hetz is operating at the current time. Most of Alony Hetz's value examination focuses on studying past and present price action to predict the probability of Alony Hetz's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alony Hetz's price. Additionally, you may evaluate how the addition of Alony Hetz to your portfolios can decrease your overall portfolio volatility.
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