B Communications Correlations
| BCOM Stock | ILS 1,916 13.00 0.67% |
The current 90-days correlation between B Communications and Bezeq Israeli Telecommunication is 0.73 (i.e., Poor diversification). The correlation of B Communications 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.
B Communications Correlation With Market
Average diversification
The correlation between B Communications and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding B Communications and DJI in the same portfolio, assuming nothing else is changed.
BCOM |
The ability to find closely correlated positions to B Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace B Communications 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 B Communications - 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 B Communications to buy it.
Moving together with BCOM Stock
| 0.98 | LUMI | Bank Leumi Le | PairCorr |
| 0.94 | MZTF | Mizrahi Tefahot | PairCorr |
| 0.71 | NSTR | Norstar | PairCorr |
| 0.62 | ALHE | Alony Hetz Properties | PairCorr |
| 0.93 | DLEKG | Delek Group | PairCorr |
| 0.89 | AZRG | Azrieli Group | PairCorr |
| 0.91 | BIG | Big Shopping Centers | PairCorr |
| 0.98 | DSCT | Israel Discount Bank | PairCorr |
| 0.94 | MLSR | Melisron | PairCorr |
| 0.87 | ANLT | Analyst IMS Investment | PairCorr |
| 0.93 | MNIF | Menif Financial Services | PairCorr |
| 0.92 | ROBO | Robogroup | PairCorr |
| 0.67 | CPTP | Capital Point | PairCorr |
| 0.86 | SAE | Shufersal | PairCorr |
| 0.94 | ORBI | Orbit Technologies | PairCorr |
| 0.61 | IDNT | Identi Healthcare | PairCorr |
| 0.84 | WLFD | Willy Food | PairCorr |
| 0.88 | LBRA | Libra Insurance | PairCorr |
| 0.97 | FIBI | First International Bank | PairCorr |
| 0.88 | ICL | ICL Israel Chemicals | PairCorr |
| 0.65 | ARNA | Arena Star Group | PairCorr |
| 0.77 | YHNF | M Yochananof | PairCorr |
| 0.7 | TSEM | Tower Semiconductor | PairCorr |
| 0.8 | KLIL | Klil Industries | PairCorr |
| 0.8 | AMRK | Amir Marketing | PairCorr |
| 0.73 | AVLN | Aviv Arlon | PairCorr |
| 0.92 | ISRS | Isras Investment | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between BCOM Stock performing well and B Communications 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 B Communications' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BEZQ | 1.27 | 0.41 | 0.28 | 4.83 | 0.80 | 3.10 | 8.84 | |||
| PTNR | 1.75 | 0.71 | 0.40 | (14.11) | 0.96 | 5.39 | 18.79 | |||
| CEL | 1.73 | 0.51 | 0.26 | 3.43 | 1.19 | 3.75 | 16.16 | |||
| TSEM | 1.88 | 0.03 | 0.00 | 0.15 | 2.53 | 3.47 | 17.69 | |||
| DSCT | 1.26 | 0.37 | 0.23 | 1.88 | 1.01 | 3.27 | 8.65 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in B Communications 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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B Communications Corporate Management
Elected by the shareholders, the B Communications' board of directors comprises two types of representatives: B Communications inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BCOM. The board's role is to monitor B Communications' management team and ensure that shareholders' interests are well served. B Communications' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, B Communications' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lital Aharoni | Financial Controller | Profile | |
| Yaackov Nadborny | VP Marketing | Profile | |
| Itzik Tadmor | Principal Financial Officer | Profile | |
| Ilan Chaikin | Internal Auditor | Profile | |
| Ran Guron | Corporate Executive | Profile | |
| Tomer Raved | CEO Director | Profile | |
| Yaniv Salomon | Investor Mang | Profile |