ZIM Integrated Correlations
| 2SV Stock | EUR 20.96 0.17 0.80% |
The current 90-days correlation between ZIM Integrated Shipping and EVS Broadcast Equipment is 0.02 (i.e., Significant diversification). The correlation of ZIM Integrated 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
ZIM Integrated Correlation With Market
Significant diversification
The correlation between ZIM Integrated Shipping and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ZIM Integrated Shipping and DJI in the same portfolio, assuming nothing else is changed.
ZIM |
The ability to find closely correlated positions to ZIM Integrated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ZIM Integrated 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 ZIM Integrated - 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 ZIM Integrated Shipping to buy it.
Moving together with ZIM Stock
| 0.81 | DP4A | AP Mller | PairCorr |
| 0.84 | DP4B | AP Mller | PairCorr |
| 0.78 | HLAA | HAPAG LLOYD UNSPADR | PairCorr |
| 0.64 | WML2 | Wilh Wilhelmsen Holding | PairCorr |
| 0.65 | 0ZQ | JSC National Atomic Earnings Call This Week | PairCorr |
| 0.63 | N9B | BANDAI NAMCO Holdings | PairCorr |
| 0.64 | HYB | HOYA | PairCorr |
| 0.83 | ABEA | Alphabet Class A | PairCorr |
Moving against ZIM Stock
| 0.77 | 29K | DFDS AS | PairCorr |
| 0.69 | 1OQ | Hafnia Limited Earnings Call Tomorrow | PairCorr |
| 0.67 | 0JM | PT Jasa Marga | PairCorr |
| 0.58 | IDO1 | PT Indosat Tbk Split | PairCorr |
| 0.58 | TCID | Telkom Indonesia Tbk | PairCorr |
| 0.5 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.47 | ROM | ROHM | PairCorr |
| 0.41 | BW9 | BW LPG Limited Earnings Call This Week | PairCorr |
Related Correlations Analysis
| -0.15 | 0.72 | -0.17 | -0.77 | 5E1 | ||
| -0.15 | -0.11 | 0.43 | 0.36 | SC3 | ||
| 0.72 | -0.11 | -0.41 | -0.9 | K9R | ||
| -0.17 | 0.43 | -0.41 | 0.49 | I9V | ||
| -0.77 | 0.36 | -0.9 | 0.49 | 8L8 | ||
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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
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Risk-Adjusted Indicators
There is a big difference between ZIM Stock performing well and ZIM Integrated 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 ZIM Integrated'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 5E1 | 0.78 | 0.00 | 0.00 | 0.13 | 0.00 | 1.94 | 4.63 | |||
| SC3 | 1.89 | 0.13 | 0.04 | 0.34 | 1.77 | 3.88 | 15.59 | |||
| K9R | 0.87 | (0.10) | 0.00 | (0.66) | 0.00 | 1.73 | 8.90 | |||
| I9V | 1.60 | 0.30 | 0.06 | (0.51) | 1.59 | 4.00 | 6.98 | |||
| 8L8 | 2.13 | 0.60 | 0.21 | 1.38 | 1.80 | 3.65 | 34.61 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in ZIM Integrated 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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ZIM Integrated Corporate Management
Elected by the shareholders, the ZIM Integrated's board of directors comprises two types of representatives: ZIM Integrated inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ZIM. The board's role is to monitor ZIM Integrated's management team and ensure that shareholders' interests are well served. ZIM Integrated's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ZIM Integrated's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Eyal BenAmram | Ex Officer | Profile | |
| Elana Holzman | Head Relations | Profile | |
| David Arbel | Ex COO | Profile | |
| Noam Nativ | Gen VP | Profile | |
| Eliyahu Glickman | Pres CEO | Profile | |
| Saar Dotan | Exec Devel | Profile | |
| Yair Teitelbaum | Ex Sales | Profile |