G1 Secure Correlations
| GOSS Stock | 526.80 0.60 0.11% |
The correlation of G1 Secure 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 G1 Secure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if G1 Secure Solutions 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.
Modest diversification
The correlation between G1 Secure Solutions and NYA is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding G1 Secure Solutions and NYA in the same portfolio, assuming nothing else is changed.
GOSS |
The ability to find closely correlated positions to G1 Secure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace G1 Secure 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 G1 Secure - 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 G1 Secure Solutions to buy it.
Moving together with GOSS Stock
| 0.78 | NICE | Nice Earnings Call This Week | PairCorr |
| 0.62 | LUMI | Bank Leumi Le | PairCorr |
| 0.67 | ICL | ICL Israel Chemicals Earnings Call This Week | PairCorr |
| 0.73 | AZRG | Azrieli Group | PairCorr |
| 0.65 | TSEM | Tower Semiconductor | PairCorr |
| 0.78 | TEVA | Teva Pharmaceutical Earnings Call This Week | PairCorr |
Moving against GOSS Stock
| 0.6 | ORA | Ormat Technologies Earnings Call This Week | PairCorr |
Related Correlations Analysis
| -0.39 | -0.61 | -0.16 | 0.51 | BSEN | ||
| -0.39 | 0.16 | -0.04 | 0.25 | ATRY | ||
| -0.61 | 0.16 | 0.3 | -0.27 | KLIL | ||
| -0.16 | -0.04 | 0.3 | -0.06 | ESLT | ||
| 0.51 | 0.25 | -0.27 | -0.06 | TSEM | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 GOSS Stock performing well and G1 Secure 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 G1 Secure'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BSEN | 2.00 | 0.63 | 0.31 | 28.15 | 1.29 | 5.95 | 12.76 | |||
| ATRY | 1.17 | 0.02 | (0.05) | (0.03) | 1.24 | 3.37 | 7.25 | |||
| KLIL | 1.50 | (0.10) | 0.00 | 0.36 | 0.00 | 3.44 | 9.47 | |||
| ESLT | 1.11 | (0.06) | 0.00 | 0.28 | 0.00 | 2.17 | 6.69 | |||
| TSEM | 1.75 | 0.15 | 0.03 | (0.38) | 1.89 | 4.24 | 10.98 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in G1 Secure 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 |
G1 Secure Corporate Management
Elected by the shareholders, the G1 Secure's board of directors comprises two types of representatives: G1 Secure inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GOSS. The board's role is to monitor G1 Secure's management team and ensure that shareholders' interests are well served. G1 Secure'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, G1 Secure's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mordechai Morad | Chief Officer | Profile | |
| Gideon Shmuel | CEO Technology | Profile | |
| Avi Levy | Chief HaMoked | Profile | |
| Eyal Naor | VP HR | Profile | |
| Michael Adiv | Chief Officer | Profile |
Already Invested in G1 Secure Solutions?
The danger of trading G1 Secure Solutions 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 G1 Secure 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 G1 Secure. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile G1 Secure Solutions 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in G1 Secure Solutions. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for GOSS Stock analysis
When running G1 Secure's price analysis, check to measure G1 Secure'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 G1 Secure is operating at the current time. Most of G1 Secure's value examination focuses on studying past and present price action to predict the probability of G1 Secure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move G1 Secure's price. Additionally, you may evaluate how the addition of G1 Secure to your portfolios can decrease your overall portfolio volatility.
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