Blue Square Correlations
| BLSR Stock | ILS 33,800 1,300 4.00% |
The current 90-days correlation between Blue Square Real and Amot Investments is 0.29 (i.e., Modest diversification). The correlation of Blue Square 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.
Blue |
The ability to find closely correlated positions to Blue Square could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Square 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 Blue Square - 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 Blue Square Real to buy it.
Moving together with Blue Stock
| 0.91 | MGDL | Migdal Insurance | PairCorr |
| 0.9 | PHOE | Phoenix Holdings | PairCorr |
| 0.9 | HARL | Harel Insurance Inve | PairCorr |
| 0.91 | CLIS | Clal Insurance Enter Earnings Call Today | PairCorr |
| 0.93 | LUMI | Bank Leumi Le | PairCorr |
| 0.79 | ELCO | Elco Earnings Call Today | PairCorr |
| 0.76 | SAE | Shufersal | PairCorr |
| 0.89 | MMHD | Menora Miv Hld Earnings Call Today | PairCorr |
| 0.86 | PZOL | Paz Oil | PairCorr |
| 0.93 | DSCT | Israel Discount Bank | PairCorr |
| 0.72 | STCM | Satcom Systems | PairCorr |
| 0.67 | MTLF | Matricelf | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Blue Stock performing well and Blue Square 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 Blue Square'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AMOT | 1.40 | 0.29 | 0.10 | 2.31 | 1.47 | 3.60 | 8.58 | |||
| BIG | 1.42 | 0.31 | 0.11 | (5.19) | 1.45 | 3.37 | 6.98 | |||
| ALHE | 1.85 | 0.25 | 0.07 | 3.73 | 1.85 | 5.06 | 12.74 | |||
| MLSR | 1.28 | 0.23 | 0.08 | 1.86 | 1.24 | 3.30 | 6.80 | |||
| AFPR | 1.43 | 0.09 | (0.02) | (0.73) | 1.76 | 3.20 | 7.98 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Blue Square 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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Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
Blue Square Corporate Management
Elected by the shareholders, the Blue Square's board of directors comprises two types of representatives: Blue Square inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Blue. The board's role is to monitor Blue Square's management team and ensure that shareholders' interests are well served. Blue Square'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, Blue Square's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Arthur Lashinski | Chief Officer | Profile | |
| Michael Zisman | Acting Officer | Profile | |
| Sarit Leviathan | Chief VP | Profile | |
| Medad Kronzon | Head Computers | Profile |