Solaer Israel Correlations
| SOLR Stock | ILA 3,776 68.00 1.83% |
The current 90-days correlation between Solaer Israel and Computer Direct is 0.01 (i.e., Significant diversification). The correlation of Solaer Israel 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.
Solaer |
The ability to find closely correlated positions to Solaer Israel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solaer Israel 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 Solaer Israel - 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 Solaer Israel to buy it.
Moving together with Solaer Stock
| 0.76 | APLP | Apollo Power | PairCorr |
| 0.79 | DANH | Dan Hotels | PairCorr |
| 0.87 | HOD | Hod Assaf Industries | PairCorr |
| 0.68 | ALRPR | Alrov Properties Lodgings | PairCorr |
| 0.71 | AVIV | Mordechai Aviv Taasiot | PairCorr |
| 0.8 | GVYM | GavYam Lands Corp Earnings Call This Week | PairCorr |
| 0.77 | JBNK | Jerusalem | PairCorr |
Related Correlations Analysis
| 0.83 | 0.85 | 0.96 | 0.86 | 0.79 | MGIC | ||
| 0.83 | 0.59 | 0.88 | 0.59 | 0.47 | CMDR | ||
| 0.85 | 0.59 | 0.75 | 0.77 | 0.82 | TRX | ||
| 0.96 | 0.88 | 0.75 | 0.79 | 0.65 | ONE | ||
| 0.86 | 0.59 | 0.77 | 0.79 | 0.78 | RPAC | ||
| 0.79 | 0.47 | 0.82 | 0.65 | 0.78 | BCOM | ||
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Risk-Adjusted Indicators
There is a big difference between Solaer Stock performing well and Solaer Israel 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 Solaer Israel'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MGIC | 1.47 | 0.75 | 0.41 | 16.48 | 0.71 | 3.76 | 7.19 | |||
| CMDR | 1.92 | 0.36 | 0.07 | 1.82 | 2.36 | 4.42 | 10.73 | |||
| TRX | 1.12 | 0.15 | (0.02) | 1.31 | 1.05 | 3.19 | 7.64 | |||
| ONE | 1.60 | 0.44 | 0.14 | 2.67 | 1.43 | 4.48 | 10.31 | |||
| RPAC | 1.38 | 0.39 | 0.14 | 2.56 | 1.22 | 3.64 | 8.13 | |||
| BCOM | 1.96 | 0.52 | 0.13 | (8.40) | 1.88 | 5.45 | 9.33 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Solaer Israel 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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Solaer Israel Corporate Management
Elected by the shareholders, the Solaer Israel's board of directors comprises two types of representatives: Solaer Israel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Solaer. The board's role is to monitor Solaer Israel's management team and ensure that shareholders' interests are well served. Solaer Israel'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, Solaer Israel's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Amit Gonen | VP Devel | Profile | |
| Omri Gonen | VP Operations | Profile | |
| Alon Segev | Chief Officer | Profile | |
| Itzik Shetah | Sales Mang | Profile | |
| Almog Yosef | Chief Engineer | Profile | |
| Yair Eisen | Chief Officer | Profile | |
| A Lior | Legal Counsel | Profile |