Lapidoth Correlations
| LAPD Stock | ILS 6,340 79.00 1.23% |
The correlation of Lapidoth 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.
Lapidoth Correlation With Market
Significant diversification
The correlation between Lapidoth and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lapidoth and DJI in the same portfolio, assuming nothing else is changed.
Lapidoth |
The ability to find closely correlated positions to Lapidoth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lapidoth 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 Lapidoth - 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 Lapidoth to buy it.
Moving together with Lapidoth Stock
Moving against Lapidoth Stock
Related Correlations Analysis
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Be your own money manager
Our tools can tell you how much better you can do entering a position in Lapidoth 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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Lapidoth Corporate Management
Elected by the shareholders, the Lapidoth's board of directors comprises two types of representatives: Lapidoth inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lapidoth. The board's role is to monitor Lapidoth's management team and ensure that shareholders' interests are well served. Lapidoth'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, Lapidoth's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Shlomi Minzer | Chief Romania | Profile | |
| Michael Klein | Chief Residential | Profile | |
| Ren Friedman | VP Tibut | Profile | |
| Eyal Palti | General Counsel, Secretary | Profile | |
| Amir Tirosh | Chief Officer | Profile |