Clal Insurance Correlations
| CLIS Stock | ILA 6,175 27.00 0.44% |
The correlation of Clal Insurance 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clal Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clal Insurance Enterprises moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clal Insurance Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Clal |
The ability to find closely correlated positions to Clal Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clal Insurance 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 Clal Insurance - 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 Clal Insurance Enterprises to buy it.
Moving together with Clal Stock
| 0.74 | ATRY | Atreyu Capital Markets | PairCorr |
| 0.77 | ROTS | Rotshtein | PairCorr |
| 0.69 | INTR | Intergama | PairCorr |
| 0.85 | MGOR | Mega Or | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Clal Stock performing well and Clal Insurance 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 Clal Insurance'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MGDL | 1.72 | 0.17 | 0.05 | 1.54 | 1.88 | 4.24 | 11.72 | |||
| HARL | 1.71 | 0.32 | 0.15 | 1.82 | 1.48 | 4.09 | 12.35 | |||
| DSCT | 1.58 | 0.08 | 0.00 | 20.09 | 1.40 | 4.47 | 9.27 | |||
| POLI | 1.34 | 0.04 | (0.03) | (0.44) | 1.34 | 3.13 | 7.52 | |||
| LUMI | 1.45 | 0.00 | 0.00 | 0.07 | 0.00 | 3.12 | 9.09 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Clal Insurance 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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Clal Insurance Corporate Directors
Clal Insurance corporate directors refer to members of a Clal Insurance board of directors. The board of directors generally takes responsibility for the Clal Insurance's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Clal Insurance's board members must vote for the resolution. The Clal Insurance board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Lior Hannes | Director | Profile | |
| Sami Moalem | External Director | Profile | |
| Joseph Yagil | External Director | Profile | |
| Hana Margaliot | Director | Profile |
Already Invested in Clal Insurance Enterprises?
The danger of trading Clal Insurance Enterprises is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Clal Insurance is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Clal Insurance. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Clal Insurance Enter is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clal Insurance Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Clal Stock analysis
When running Clal Insurance's price analysis, check to measure Clal Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clal Insurance is operating at the current time. Most of Clal Insurance's value examination focuses on studying past and present price action to predict the probability of Clal Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clal Insurance's price. Additionally, you may evaluate how the addition of Clal Insurance to your portfolios can decrease your overall portfolio volatility.
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