Tefron Correlations
| TFRFFDelisted Stock | USD 2.60 0.00 0.00% |
The correlation of Tefron 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 Tefron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tefron 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.
Good diversification
The correlation between Tefron and NYA is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tefron and NYA in the same portfolio, assuming nothing else is changed.
Tefron |
The ability to find closely correlated positions to Tefron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tefron 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 Tefron - 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 Tefron to buy it.
Moving together with Tefron Pink Sheet
| 0.67 | JL | J Long Group | PairCorr |
| 0.83 | DXLG | Destination XL Group Financial Report 23rd of May 2024 | PairCorr |
| 0.71 | VSCO | Victorias Secret Financial Report 29th of May 2024 | PairCorr |
| 0.7 | EXPR | Express Financial Report 22nd of May 2024 | PairCorr |
| 0.75 | ZUMZ | Zumiez Inc Financial Report 6th of June 2024 | PairCorr |
Moving against Tefron Pink Sheet
| 0.79 | GES | Guess Inc Financial Report 22nd of May 2024 | PairCorr |
| 0.78 | AEO | American Eagle Outfitters Buyout Trend | PairCorr |
| 0.76 | CAL | Continental Financial Report 6th of June 2024 | PairCorr |
| 0.64 | GPS | Gap Inc Financial Report 23rd of May 2024 | PairCorr |
| 0.59 | ANF | Abercrombie Fitch Financial Report 22nd of May 2024 | PairCorr |
| 0.44 | LE | Lands End Financial Report 6th of June 2024 | PairCorr |
| 0.91 | SCVL | Shoe Carnival Financial Report 22nd of May 2024 | PairCorr |
| 0.74 | BOOT | Boot Barn Holdings Financial Report 15th of May 2024 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Tefron Pink Sheet performing well and Tefron 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 Tefron'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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BRDLF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LFVN | 2.33 | 0.18 | 0.04 | 0.50 | 3.60 | 5.62 | 18.57 | |||
| MOND | 3.42 | (0.39) | 0.00 | (0.03) | 0.00 | 6.58 | 18.22 | |||
| GZITF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TRMD | 1.41 | (0.01) | (0.04) | 0.03 | 1.70 | 2.51 | 6.49 | |||
| MESA | 2.44 | (0.34) | 0.00 | (0.21) | 0.00 | 5.88 | 14.70 | |||
| HFFG | 2.22 | (1.03) | 0.00 | (2.84) | 0.00 | 4.14 | 19.70 | |||
| TSN | 1.01 | 0.18 | 0.09 | 0.58 | 1.23 | 2.02 | 7.10 |
Tefron Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tefron pink sheet to make a market-neutral strategy. Peer analysis of Tefron could also be used in its relative valuation, which is a method of valuing Tefron by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tefron Corporate Directors
Tefron corporate directors refer to members of a Tefron board of directors. The board of directors generally takes responsibility for the Tefron'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 Tefron's board members must vote for the resolution. The Tefron board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Rachel Beckerman | Director of Human Resources | Profile | |
| Yossi Shachak | Director | Profile | |
| Eytan Stiassnie | Independent Director | Profile | |
| Brahm Gelfund | Director | Profile |
Still Interested in Tefron?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Tefron information on this page should be used as a complementary analysis to other Tefron'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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in Tefron Pink Sheet
If you are still planning to invest in Tefron check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Tefron's history and understand the potential risks before investing.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |