Israel China Correlations
| ICB Stock | 320.00 20.00 5.88% |
The current 90-days correlation between Israel China Biotech and Ram On Investments and is 0.03 (i.e., Significant diversification). The correlation of Israel China 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.
Israel |
The ability to find closely correlated positions to Israel China could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Israel China 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 Israel China - 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 Israel China Biotechnology to buy it.
Moving together with Israel Stock
| 0.88 | BSP | Black Sea Property | PairCorr |
| 0.89 | APLY | Aerodrome Group | PairCorr |
| 0.71 | BMDX | Biomedix Incubator | PairCorr |
| 0.82 | FVT | Ai Conversation Systems | PairCorr |
Moving against Israel Stock
| 0.74 | STRS | Strauss Group | PairCorr |
| 0.61 | ICON | Icon Group | PairCorr |
| 0.61 | PHOE | Phoenix Holdings | PairCorr |
| 0.56 | MTDS | Meitav Dash Investments | PairCorr |
| 0.56 | OPK | Opko Health | PairCorr |
| 0.51 | MCTC | Nextage Therapeutics | PairCorr |
| 0.35 | CTPL5 | Citrus Plant5 L | PairCorr |
| 0.84 | RSEL | RSL Electronics | PairCorr |
| 0.74 | LUMI | Bank Leumi Le | PairCorr |
| 0.72 | INBR | Inbar Group Finance | PairCorr |
| 0.68 | DLTI | Delta Israel Brands | PairCorr |
| 0.67 | ITYF | Itay Financial AA | PairCorr |
| 0.67 | ORA | Ormat Technologies | PairCorr |
| 0.63 | CAST | Castro | PairCorr |
| 0.54 | TMRP | Tamar Petroleum | PairCorr |
| 0.51 | ETGA | Etga Group | PairCorr |
| 0.5 | INTL | Intelicanna | PairCorr |
| 0.45 | RTLS | Retailors | PairCorr |
| 0.41 | FOX | Fox Wizel | PairCorr |
| 0.4 | EMTC-M | Elbit Medical Techno Earnings Call This Week | PairCorr |
| 0.36 | CRMT | Carmit | PairCorr |
| 0.33 | ACCL | Accel Solutions Group | PairCorr |
| 0.32 | MAXO | Max Stock | PairCorr |
Related Correlations Analysis
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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 Israel Stock performing well and Israel China 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 Israel China'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RMN | 1.58 | (0.04) | 0.00 | 0.62 | 0.00 | 3.33 | 8.84 | |||
| AZRM | 1.94 | (0.33) | 0.00 | 1.88 | 0.00 | 4.09 | 12.50 | |||
| ICL | 1.71 | 0.39 | 0.23 | 3.53 | 1.76 | 3.75 | 10.11 | |||
| HARL | 1.72 | 0.14 | 0.13 | (0.70) | 1.95 | 4.04 | 10.36 | |||
| DISI | 2.80 | 0.10 | 0.05 | (1.11) | 3.79 | 6.76 | 25.43 | |||
| ISRS | 1.36 | (0.20) | 0.00 | 1.83 | 0.00 | 2.29 | 9.21 | |||
| EPIT | 2.26 | (0.35) | 0.00 | 1.99 | 0.00 | 5.39 | 19.24 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Israel China 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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Israel China Corporate Management
Elected by the shareholders, the Israel China's board of directors comprises two types of representatives: Israel China inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Israel. The board's role is to monitor Israel China's management team and ensure that shareholders' interests are well served. Israel China'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, Israel China's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Qingxi Huang | Pres Chairman | Profile | |
| Pr Abboud | Chief Consultant | Profile | |
| Guy Goldin | Chief Officer | Profile | |
| Andrew Zhang | CEO Director | Profile | |
| Eitan Segal | Director Devel | Profile | |
| Amir Beker | Chief Inc | Profile | |
| Yehuda Bruner | Chief Officer | Profile |