One Software Correlations
The current 90-days correlation between One Software Technologies and Hilan is 0.05 (i.e., Significant diversification). The correlation of One Software 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.
One Software Correlation With Market
Good diversification
The correlation between One Software Technologies and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding One Software Technologies and DJI in the same portfolio, assuming nothing else is changed.
One |
The ability to find closely correlated positions to One Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace One Software 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 One Software - 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 One Software Technologies to buy it.
Moving against One Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between One Stock performing well and One Software 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 One Software'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HLAN | 1.30 | 0.02 | (0.06) | (0.01) | 1.98 | 2.39 | 5.50 | |||
| DANE | 1.44 | 0.30 | 0.15 | 0.66 | 1.37 | 3.23 | 9.66 | |||
| MTRX | 1.29 | 0.12 | 0.00 | (2.10) | 1.55 | 2.39 | 7.33 | |||
| FTAL | 1.72 | 0.39 | 0.13 | (2.59) | 1.47 | 4.80 | 8.70 | |||
| MLTM | 1.71 | 0.42 | 0.15 | 3.76 | 1.63 | 3.60 | 8.16 |
One Software Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with One Software stock to make a market-neutral strategy. Peer analysis of One Software could also be used in its relative valuation, which is a method of valuing One Software by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
One Software Corporate Management
Elected by the shareholders, the One Software's board of directors comprises two types of representatives: One Software inside directors who are chosen from within the company, and outside directors, selected externally and held independent of One. The board's role is to monitor One Software's management team and ensure that shareholders' interests are well served. One Software'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, One Software's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Shalom Dane | Chief Ltd | Profile | |
| Eddie Koren | Chief Ltd | Profile | |
| Eliyahu Cohen | Chief Officer | Profile | |
| Ori Enoch | CFO Sec | Profile | |
| Yossi Zeiger | Chief Ltd | Profile | |
| Shalom Cohen | Chief City | Profile |