Alony Hetz Correlations

Stocks . Israel . 
Stock . Alony Hetz Properties
ALHE Stock  ILS 2,920  59.00  2.06%   
The current 90-days correlation between Alony Hetz Properties and Amot Investments is 0.54 (i.e., Very weak diversification). 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
  
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

  0.65ELDAV Eldav LPairCorr
  0.74GOLD Gold BondPairCorr

Moving against Alony Stock

  0.6PRTC PriortechPairCorr
  0.5MIFT Millennium Food Tech SplitPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Alony Stock performing well and Alony Hetz 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 Alony Hetz'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 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?

Run Money Managers Now

   

Money Managers

Screen money managers from public funds and ETFs managed around the world
All  Next Launch Module

Alony Hetz Corporate Management

Elected by the shareholders, the Alony Hetz's board of directors comprises two types of representatives: Alony Hetz inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alony. The board's role is to monitor Alony Hetz's management team and ensure that shareholders' interests are well served. Alony Hetz'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, Alony Hetz's outside directors are responsible for providing unbiased perspectives on the board's policies.
CPA BACEO, FounderProfile
Oliver IIIPres LPProfile
Richard SelbyExecProfile
Moti BarzilayExec DevelProfile
Avshalom MoslerChief LtdProfile
Yehudit BlozzerChief LtdProfile
David MarksChief EverlastProfile
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY