Synel MLL Correlations
| SNEL Stock | ILS 1,952 51.00 2.55% |
The current 90-days correlation between Synel MLL Payway and Telsys is -0.08 (i.e., Good diversification). The correlation of Synel MLL 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.
Synel MLL Correlation With Market
Modest diversification
The correlation between Synel MLL Payway and DJI is 0.23 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Synel MLL Payway and DJI in the same portfolio, assuming nothing else is changed.
Synel |
The ability to find closely correlated positions to Synel MLL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Synel MLL 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 Synel MLL - 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 Synel MLL Payway to buy it.
Moving together with Synel Stock
| 0.82 | GOLD | Gold Bond | PairCorr |
| 0.93 | GLRS | Globrands Group | PairCorr |
| 0.81 | BEZQ | Bezeq Israeli Teleco | PairCorr |
| 0.87 | CDEV | Cohen Dev | PairCorr |
| 0.83 | DLEKG | Delek Group | PairCorr |
| 0.87 | ELCRE | Electra Real Estate | PairCorr |
| 0.87 | KEN | Kenon Holdings | PairCorr |
| 0.96 | MVNE | Mivne Real Estate | PairCorr |
Moving against Synel Stock
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Synel Stock performing well and Synel MLL 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 Synel MLL'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TLSY | 2.40 | 0.66 | 0.19 | 68.73 | 2.10 | 6.08 | 17.20 | |||
| RLCO | 2.46 | 0.33 | 0.06 | 1.34 | 3.14 | 5.83 | 16.83 | |||
| BRMG | 2.11 | 0.59 | 0.23 | 0.70 | 1.55 | 7.19 | 22.79 | |||
| MTRX | 1.50 | 0.55 | 0.23 | 5.34 | 1.24 | 4.05 | 7.80 | |||
| QLTU | 3.20 | 0.70 | 0.18 | 1.56 | 2.96 | 7.76 | 23.34 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Synel MLL 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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Synel MLL Corporate Management
Elected by the shareholders, the Synel MLL's board of directors comprises two types of representatives: Synel MLL inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Synel. The board's role is to monitor Synel MLL's management team and ensure that shareholders' interests are well served. Synel MLL'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, Synel MLL's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Maoz Chen | Deputy Mang | Profile | |
| Tom Bendrick | Chief America | Profile | |
| Mordechai Basat | VP Sales | Profile | |
| Avi Bareket | Chief Anteco | Profile | |
| Dani Farbar | Chief UK | Profile | |
| Gabi Buganim | Chief Director | Profile |