Big Shopping Correlations
| BIG Stock | ILS 38,700 300.00 0.77% |
The correlation of Big Shopping 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 Big Shopping moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Shopping Centers 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 Big Shopping Centers and NYA is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Big Shopping Centers and NYA in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Big Shopping could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big Shopping 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 Big Shopping - 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 Big Shopping Centers to buy it.
Moving together with Big Stock
| 0.76 | MGDL | Migdal Insurance | PairCorr |
| 0.8 | LUMI | Bank Leumi Le | PairCorr |
| 0.87 | CLIS | Clal Insurance Enter | PairCorr |
| 0.77 | FIBIH | FIBI Holdings | PairCorr |
| 0.69 | FIBI | First International Bank | PairCorr |
| 0.69 | DSCT | Israel Discount Bank Earnings Call This Week | PairCorr |
| 0.87 | MMHD | Menora Miv Hld | PairCorr |
| 0.65 | HARL | Harel Insurance Inve | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Big Stock performing well and Big Shopping Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Big Shopping's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Be your own money manager
Our tools can tell you how much better you can do entering a position in Big Shopping 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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Big Shopping Corporate Directors
Big Shopping corporate directors refer to members of a Big Shopping board of directors. The board of directors generally takes responsibility for the Big Shopping'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 Big Shopping's board members must vote for the resolution. The Big Shopping board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| HajYehia Samer | Director | Profile | |
| Noa Naftali | Director | Profile | |
| Ron Naftali | Director | Profile | |
| Noga Knaz | External Director | Profile |
Already Invested in Big Shopping Centers?
The danger of trading Big Shopping Centers 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 Big Shopping 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 Big Shopping. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Big Shopping Centers 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 Big Shopping Centers. 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. Note that the Big Shopping Centers information on this page should be used as a complementary analysis to other Big Shopping's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Big Stock analysis
When running Big Shopping's price analysis, check to measure Big Shopping'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 Big Shopping is operating at the current time. Most of Big Shopping's value examination focuses on studying past and present price action to predict the probability of Big Shopping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Big Shopping's price. Additionally, you may evaluate how the addition of Big Shopping to your portfolios can decrease your overall portfolio volatility.
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