Delek Group Correlations
| DELKY Stock | USD 15.33 0.10 0.65% |
The current 90-days correlation between Delek Group and Spartan Delta Corp is 0.09 (i.e., Significant diversification). The correlation of Delek 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Delek Group Correlation With Market
Average diversification
The correlation between Delek Group and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Delek Group and DJI in the same portfolio, assuming nothing else is changed.
Delek |
The ability to find closely correlated positions to Delek 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 Delek 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 Delek 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 Delek Group to buy it.
Moving together with Delek Pink Sheet
| 0.8 | HES | Hess | PairCorr |
| 0.72 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.72 | BRK-B | Berkshire Hathaway | PairCorr |
| 0.93 | TD | Toronto Dominion Bank | PairCorr |
| 0.73 | MIDD | Middleby Corp | PairCorr |
| 0.78 | DVRNF | Deveron Corp | PairCorr |
| 0.8 | BACQU | Bleichroeder Acquisition | PairCorr |
| 0.75 | FREKF | freee KK | PairCorr |
| 0.68 | KT | KT Corporation | PairCorr |
| 0.74 | MSLVF | Mantaro Silver Corp | PairCorr |
| 0.77 | NEM | Newmont Goldcorp Corp | PairCorr |
| 0.81 | GOTRF | Goliath Resources | PairCorr |
| 0.76 | HGBL | Heritage Global | PairCorr |
| 0.79 | MBAV | M3 Brigade Acquisition | PairCorr |
| 0.68 | FARM | Farmer Bros | PairCorr |
| 0.75 | FATBP | FAT Brands | PairCorr |
| 0.66 | COOTW | Australian Oilseeds | PairCorr |
| 0.67 | WZZAF | Wizz Air Holdings | PairCorr |
Moving against Delek Pink Sheet
| 0.65 | QMCO | Quantum Trending | PairCorr |
| 0.42 | CNQ | Canadian Natural Res | PairCorr |
| 0.42 | CHNXF | ChitogenX | PairCorr |
| 0.6 | NLLSY | Nel ASA Trending | PairCorr |
| 0.55 | DMIFF | Diamcor Mining | PairCorr |
Related Correlations Analysis
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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 Delek Pink Sheet performing well and Delek 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 Delek 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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VLERF | 2.33 | 0.25 | 0.13 | (9.51) | 2.38 | 5.14 | 18.87 | |||
| GUKYF | 2.66 | 0.43 | 0.11 | 1.15 | 2.69 | 8.14 | 24.33 | |||
| IPXHY | 1.25 | 0.09 | 0.09 | 0.19 | 1.62 | 2.52 | 9.31 | |||
| DALXF | 2.05 | (0.12) | 0.00 | (0.70) | 0.00 | 4.67 | 17.51 | |||
| OILSF | 2.08 | (0.11) | 0.00 | (0.25) | 0.00 | 4.13 | 14.67 | |||
| PRPRF | 14.17 | 4.54 | 0.21 | 0.91 | 11.53 | 26.43 | 304.70 | |||
| SEUSF | 3.53 | (0.83) | 0.00 | (3.61) | 0.00 | 6.25 | 32.71 | |||
| PSHIF | 1.46 | (0.01) | 0.00 | (0.16) | 0.00 | 3.70 | 17.14 | |||
| JPTXF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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Our tools can tell you how much better you can do entering a position in Delek Group 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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Delek Group Corporate Management
| Leora Levin | Exec Counsel | Profile | |
| Lena Bernstein | Chief Accountant | Profile | |
| Gilad Meirson | Chairman Limited | Profile | |
| Tamir Polikar | Deputy VP | Profile | |
| Yitzhak Oz | CoChief Ltd | Profile | |
| Yossi Abu | Chief Ltd | Profile | |
| Gali Gana | Chief Auditor | Profile |