Mendelson Infrastructures Correlations
| MNIN Stock | ILS 1,375 55.00 3.85% |
The current 90-days correlation between Mendelson Infrastructures and Klil Industries is 0.12 (i.e., Average diversification). The correlation of Mendelson Infrastructures 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.
Mendelson Infrastructures Correlation With Market
Average diversification
The correlation between Mendelson Infrastructures and and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mendelson Infrastructures and and DJI in the same portfolio, assuming nothing else is changed.
Mendelson |
The ability to find closely correlated positions to Mendelson Infrastructures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mendelson Infrastructures 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 Mendelson Infrastructures - 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 Mendelson Infrastructures and to buy it.
Moving together with Mendelson Stock
| 0.92 | ALRPR | Alrov Properties Lodgings | PairCorr |
| 0.95 | AVIV | Mordechai Aviv Taasiot | PairCorr |
| 0.95 | JBNK | Jerusalem | PairCorr |
Moving against Mendelson Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Mendelson Stock performing well and Mendelson Infrastructures 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 Mendelson Infrastructures' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KLIL | 1.98 | 0.55 | 0.17 | (7.87) | 1.88 | 6.89 | 22.45 | |||
| SCOP | 1.77 | 0.54 | 0.21 | (1.25) | 1.50 | 3.93 | 11.65 | |||
| KAFR | 1.45 | 0.50 | 0.24 | 5.20 | 1.15 | 2.57 | 17.03 | |||
| RLCO | 1.78 | 0.83 | 0.37 | 4.95 | 1.20 | 5.56 | 12.94 | |||
| PLRM | 1.25 | 0.71 | 0.46 | (3.32) | 0.55 | 3.52 | 12.70 |
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Our tools can tell you how much better you can do entering a position in Mendelson Infrastructures 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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Mendelson Infrastructures Corporate Management
Elected by the shareholders, the Mendelson Infrastructures' board of directors comprises two types of representatives: Mendelson Infrastructures inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mendelson. The board's role is to monitor Mendelson Infrastructures' management team and ensure that shareholders' interests are well served. Mendelson Infrastructures' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mendelson Infrastructures' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Doron Arzoan | Head Department | Profile | |
| Itzhakh Hoff | Head Segment | Profile | |
| Robert Elliott | Chief Dodson | Profile | |
| Dwik Badewi | Chief Limited | Profile | |
| Gil Balsiano | Chief Ltd | Profile | |
| Shaul Hazan | Managing Director | Profile | |
| Seffy Brunshtein | Head Department | Profile |