Batm Advanced Correlations

BVC Stock

60.40 0.70 1.17%

The current 90-days correlation between Batm Advanced Commun and Intercure is -0.12 (i.e., Good diversification). The correlation of Batm Advanced 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.

Batm Advanced Correlation With Market

Excellent diversification

The correlation between Batm Advanced Communications and DJI is -0.51 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Batm Advanced Communications and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Batm Advanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Batm Advanced 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 Batm Advanced - 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 Batm Advanced Communications to buy it.

Moving together with Batm Stock

0.68

ELRN

Elron Electronic Ind

Pair Corr

Moving against Batm Stock

0.71	MORE-S8	More Mutual Funds	Pair Corr
0.7	ARAN	Aran Research	Pair Corr
0.62	FEAT	Feat Fund Investments	Pair Corr
0.57	POLY	Polygon L	Pair Corr
0.55	ELCRE	Electra Real Estate	Pair Corr
0.5	PZOL	Paz Oil	Pair Corr
0.49	TLSY	Telsys	Pair Corr
0.4	OVRS	Overseas Commerce	Pair Corr
0.33	AILN	Axilion Smart Mobility	Pair Corr
0.77	LEVI	Levinstein Eng	Pair Corr
0.76	ECNR	Econergy Renewable Energy	Pair Corr
0.74	DORL	Doral Group Renewable	Pair Corr
0.73	MTDS	Meitav Dash Investments	Pair Corr
0.72	YHNF	M Yochananof	Pair Corr
0.68	ARYT	Aryt Industries	Pair Corr
0.68	DSCT	Israel Discount Bank	Pair Corr
0.68	MCRNL	Micronet	Pair Corr
0.66	KRDI	Kardan Israel	Pair Corr
0.64	TSEM	Tower Semiconductor Earnings Call Tomorrow	Pair Corr
0.58	TURB	Turbogen Chp	Pair Corr
0.53	NAWI	Nawi Brothers Group	Pair Corr
0.52	RVL	Raval ACS	Pair Corr
0.51	ISCD	Isracard	Pair Corr
0.42	ISOP	Israel Op L	Pair Corr
0.42	PTNR	Partner	Pair Corr

Related Correlations Analysis

	ORMP	INCR	BONS	PULS	NISA	EPIT	REKA	DNA	STRG	GOHO
ORMP		-0.83	0.84	-0.89	-0.66	0.4	-0.09	-0.77	-0.41	-0.44	ORMP
INCR	-0.83		-0.86	0.81	0.45	-0.56	-0.03	0.61	0.37	0.54	INCR
BONS	0.84	-0.86		-0.71	-0.34	0.57	-0.12	-0.57	-0.33	-0.37	BONS
PULS	-0.89	0.81	-0.71		0.65	-0.35	0.03	0.77	0.46	0.48	PULS
NISA	-0.66	0.45	-0.34	0.65		0.12	0.16	0.73	0.51	0.43	NISA
EPIT	0.4	-0.56	0.57	-0.35	0.12		0.47	0.07	0.35	0.12	EPIT
REKA	-0.09	-0.03	-0.12	0.03	0.16	0.47		0.4	0.62	0.34	REKA
DNA	-0.77	0.61	-0.57	0.77	0.73	0.07	0.4		0.68	0.5	DNA
STRG	-0.41	0.37	-0.33	0.46	0.51	0.35	0.62	0.68		0.58	STRG
GOHO	-0.44	0.54	-0.37	0.48	0.43	0.12	0.34	0.5	0.58		GOHO
	ORMP	INCR	BONS	PULS	NISA	EPIT	REKA	DNA	STRG	GOHO

Please upgrade your account to get full access to Macroaxis premium features

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

BONS	+ 0.84	ORMP
PULS	+ 0.81	INCR
DNA	+ 0.77	PULS
DNA	+ 0.73	NISA
STRG	+ 0.68	DNA
NISA	+ 0.65	PULS

High negative correlations

PULS	- 0.89	ORMP
BONS	- 0.86	INCR
INCR	- 0.83	ORMP
DNA	- 0.77	ORMP
PULS	- 0.71	BONS
NISA	- 0.66	ORMP

Risk-Adjusted Indicators

There is a big difference between Batm Stock performing well and Batm Advanced 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 Batm Advanced'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
ORMP	2.94	0.48	0.15	1.07	2.65	(3.53)	8.17	(4.38)	15.51
INCR	2.05	(0.77)	0.00	(14.31)	0.00	0.00	3.46	(4.23)	27.36
BONS	5.51	1.15	0.21	0.49	5.06	(7.10)	12.31	(12.96)	56.95
PULS	3.08	(1.03)	0.00	(4.10)	0.00	0.00	5.25	(7.00)	28.42
NISA	1.32	0.05	(0.04)	(0.06)	1.47	(2.11)	4.68	(2.80)	13.45
EPIT	2.64	0.45	0.09	(0.88)	3.37	(2.77)	5.48	(5.21)	27.45
REKA	1.34	0.04	(0.01)	0.19	1.45	(2.30)	5.31	(2.74)	16.12
DNA	2.20	(0.12)	0.00	(0.16)	0.00	0.00	5.00	(4.26)	13.76
STRG	6.24	0.01	(0.01)	(0.01)	9.07	(7.64)	24.27	(10.33)	61.25
GOHO	2.22	(0.01)	(0.02)	0.05	3.08	(2.31)	4.58	(4.98)	17.41

Be your own money manager

Our tools can tell you how much better you can do entering a position in Batm Advanced 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 Options Analysis Now

Options Analysis

Analyze and evaluate options and option chains as a potential hedge for your portfolios

All Next

Launch Module

Batm Advanced Corporate Management

Elected by the shareholders, the Batm Advanced's board of directors comprises two types of representatives: Batm Advanced inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Batm. The board's role is to monitor Batm Advanced's management team and ensure that shareholders' interests are well served. Batm Advanced'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, Batm Advanced's outside directors are responsible for providing unbiased perspectives on the board's policies.

Moti Nagar	CFO Director	Profile
Yair Livneh	Company Sec	Profile
Zvi Marom	CEO Founder	Profile
Ariel Efrati	COO Systems	Profile

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

2026 Macroaxis LLC