Max Stock Correlations
| MAXO Stock | ILA 3,029 19.00 0.63% |
The current 90-days correlation between Max Stock and Delta Israel Brands is 0.28 (i.e., Modest diversification). The correlation of Max Stock 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.
Max Stock Correlation With Market
Very poor diversification
The correlation between Max Stock and DJI is 0.83 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Max Stock and DJI in the same portfolio, assuming nothing else is changed.
Max |
The ability to find closely correlated positions to Max Stock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Max Stock 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 Max Stock - 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 Max Stock to buy it.
Moving together with Max Stock
| 0.61 | ELCRE | Electra Real Estate | PairCorr |
| 0.91 | BLGO | Buligo Capital | PairCorr |
| 0.72 | TRX | Terminal X Online | PairCorr |
| 0.82 | RMLI | Rami Levi | PairCorr |
| 0.65 | TATT | TAT Technologies | PairCorr |
| 0.81 | ORMP | Oramed Pharmaceuticals | PairCorr |
| 0.74 | APLP | Apollo Power | PairCorr |
| 0.93 | MCRNL | Micronet | PairCorr |
| 0.85 | PAYT | Payton L | PairCorr |
| 0.84 | LPHL | Lapidoth Heletz | PairCorr |
| 0.94 | MORE-S8 | More Mutual Funds | PairCorr |
| 0.72 | PCBT | PCB Tec | PairCorr |
| 0.68 | POLY | Polygon L | PairCorr |
| 0.65 | KRDI | Kardan Israel | PairCorr |
Related Correlations Analysis
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
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Risk-Adjusted Indicators
There is a big difference between Max Stock performing well and Max Stock 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 Max Stock'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RTLS | 2.54 | (0.68) | 0.00 | 2.43 | 0.00 | 4.34 | 20.95 | |||
| DLTI | 1.88 | 0.56 | 0.21 | 1.11 | 1.99 | 4.07 | 9.97 | |||
| DLEA | 1.81 | (0.34) | 0.00 | (0.40) | 0.00 | 3.42 | 11.06 | |||
| DISI | 2.57 | 0.07 | 0.01 | 1.01 | 2.96 | 5.33 | 11.75 | |||
| AZRM | 1.83 | 0.16 | 0.05 | (2.04) | 1.80 | 6.16 | 11.11 | |||
| DANH | 1.35 | 0.15 | 0.04 | 0.87 | 1.76 | 3.28 | 12.43 | |||
| ISTA | 1.61 | 0.10 | 0.04 | 0.35 | 1.32 | 4.61 | 8.96 | |||
| CAST | 2.12 | (0.63) | 0.00 | 7.55 | 0.00 | 3.86 | 16.32 | |||
| MSBI | 1.15 | (0.01) | 0.00 | 0.09 | 0.00 | 2.66 | 7.45 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Max Stock 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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| All Next | Launch Module |
Max Stock Corporate Management
Elected by the shareholders, the Max Stock's board of directors comprises two types of representatives: Max Stock inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Max. The board's role is to monitor Max Stock's management team and ensure that shareholders' interests are well served. Max Stock'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, Max Stock's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Oz Korsia | Chief Officer | Profile | |
| Moran Ironi | Director Marketing | Profile | |
| Roy Nun | Chief Operations | Profile | |
| Shlomo Cohen | Deputy Officer | Profile | |
| Ori Max | CEO Founder | Profile | |
| Talia Sessler | Chief Officer | Profile | |
| Nir Dagan | Chief Officer | Profile |