FIBI Holdings Correlations
| FIBIH Stock | ILA 20,400 420.00 2.02% |
The current 90-days correlation between FIBI Holdings and First International Bank is 0.92 (i.e., Almost no diversification). The correlation of FIBI Holdings 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.
FIBI Holdings Correlation With Market
Average diversification
The correlation between FIBI Holdings and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FIBI Holdings and DJI in the same portfolio, assuming nothing else is changed.
FIBI |
The ability to find closely correlated positions to FIBI Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FIBI Holdings 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 FIBI Holdings - 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 FIBI Holdings to buy it.
Moving together with FIBI Stock
| 0.94 | MZTF | Mizrahi Tefahot | PairCorr |
| 0.86 | DSCT | Israel Discount Bank | PairCorr |
| 0.88 | PHOE | Phoenix Holdings | PairCorr |
| 0.82 | DLEKG | Delek Group Earnings Call This Week | PairCorr |
| 0.95 | FIBI | First International Bank | PairCorr |
Moving against FIBI Stock
Related Correlations Analysis
| 0.91 | 0.72 | 0.47 | 0.45 | FIBI | ||
| 0.91 | 0.76 | 0.44 | 0.41 | MZTF | ||
| 0.72 | 0.76 | 0.65 | 0.65 | DSCT | ||
| 0.47 | 0.44 | 0.65 | 0.99 | LUMI | ||
| 0.45 | 0.41 | 0.65 | 0.99 | POLI | ||
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Risk-Adjusted Indicators
There is a big difference between FIBI Stock performing well and FIBI Holdings 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 FIBI Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FIBI | 1.02 | 0.17 | 0.18 | 1.23 | 1.08 | 2.05 | 5.80 | |||
| MZTF | 1.08 | 0.18 | 0.16 | 0.60 | 1.21 | 2.25 | 5.03 | |||
| DSCT | 1.27 | 0.16 | 0.11 | 2.59 | 1.79 | 2.30 | 12.05 | |||
| LUMI | 1.10 | 0.31 | 0.32 | 10.77 | 0.95 | 2.84 | 5.69 | |||
| POLI | 1.10 | 0.28 | 0.27 | (3.97) | 1.01 | 2.61 | 6.98 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in FIBI Holdings 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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FIBI Holdings Corporate Management
Elected by the shareholders, the FIBI Holdings' board of directors comprises two types of representatives: FIBI Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FIBI. The board's role is to monitor FIBI Holdings' management team and ensure that shareholders' interests are well served. FIBI Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, FIBI Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Garry Stock | Director | Profile | |
| CPA CPA | Head Ltd | Profile | |
| Kobe Sit | Chief Officer | Profile | |
| Benzi CPA | Head Ltd | Profile | |
| Dasna RavidBarzily | Chief Officer | Profile | |
| Advocate Adv | Gen Ltd | Profile |