Inbar Group Correlations
| INBR Stock | 256.60 0.00 0.00% |
The correlation of Inbar Group 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 Inbar Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inbar Group Finance 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.
Significant diversification
The correlation between Inbar Group Finance and NYA is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Inbar Group Finance and NYA in the same portfolio, assuming nothing else is changed.
Inbar |
The ability to find closely correlated positions to Inbar Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inbar Group 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 Inbar Group - 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 Inbar Group Finance to buy it.
Moving together with Inbar Stock
Moving against Inbar Stock
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| 0.71 | BMDX | Biomedix Incubator | PairCorr |
| 0.7 | SVRT | Savoreat | PairCorr |
| 0.7 | ELWS | Electreon Wireless | PairCorr |
| 0.57 | AZRM | Azorim Investment | PairCorr |
| 0.56 | MGDL | Migdal Insurance | PairCorr |
| 0.45 | CLIS | Clal Insurance Enter | PairCorr |
| 0.44 | XTLB | XTL Biopharmaceuticals Earnings Call This Week | PairCorr |
Related Correlations Analysis
| 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
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Risk-Adjusted Indicators
There is a big difference between Inbar Stock performing well and Inbar Group 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 Inbar Group'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.Inbar Group 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 Inbar Group stock to make a market-neutral strategy. Peer analysis of Inbar Group could also be used in its relative valuation, which is a method of valuing Inbar Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Inbar Group Corporate Directors
Inbar Group corporate directors refer to members of an Inbar Group board of directors. The board of directors generally takes responsibility for the Inbar Group'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 Inbar Group's board members must vote for the resolution. The Inbar Group board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Amir Eyal | Director | Profile | |
| Ofer Meriash | External Director | Profile | |
| Amit Berger | Independent Director | Profile | |
| Avi Jacobinski | Finance Director | Profile |
Already Invested in Inbar Group Finance?
The danger of trading Inbar Group Finance 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 Inbar Group 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 Inbar Group. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Inbar Group Finance 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. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Inbar Stock analysis
When running Inbar Group's price analysis, check to measure Inbar Group'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 Inbar Group is operating at the current time. Most of Inbar Group's value examination focuses on studying past and present price action to predict the probability of Inbar Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inbar Group's price. Additionally, you may evaluate how the addition of Inbar Group to your portfolios can decrease your overall portfolio volatility.
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