Partner Communications Correlations
| PTNRDelisted Stock | USD 4.35 0.00 0.00% |
The current 90-days correlation between Partner Communications and SEI Investments is 0.03 (i.e., Significant diversification). The correlation of Partner Communications 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.
Partner Communications Correlation With Market
Good diversification
The correlation between Partner Communications and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Partner Communications and DJI in the same portfolio, assuming nothing else is changed.
Partner |
Moving together with Partner Stock
| 0.77 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.74 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.77 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
Moving against Partner Stock
| 0.85 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.82 | CSCO | Cisco Systems | PairCorr |
| 0.81 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.8 | AVTE | Aerovate Therapeutics | PairCorr |
| 0.8 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.77 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.77 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.76 | DIS | Walt Disney | PairCorr |
| 0.75 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.74 | FSTF | First State Financial | PairCorr |
| 0.7 | WMT | Walmart | PairCorr |
| 0.63 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
| 0.6 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.58 | CAT | Caterpillar Sell-off Trend | PairCorr |
| 0.43 | HPQ | HP Inc | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Partner Stock performing well and Partner Communications 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 Partner Communications' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WAVS | 1.10 | 0.13 | 0.00 | (0.25) | 1.52 | 3.35 | 12.07 | |||
| ALDFU | 0.07 | 0.00 | (0.75) | 0.44 | 0.00 | 0.20 | 0.40 | |||
| LPCN | 3.53 | 0.40 | 0.06 | 2.11 | 4.69 | 9.75 | 27.84 | |||
| SEIC | 0.79 | 0.31 | 0.30 | 0.48 | 0.41 | 1.57 | 7.23 | |||
| GNFT | 2.72 | (0.05) | (0.02) | 0.02 | 4.40 | 6.17 | 30.76 | |||
| INN | 1.43 | (0.05) | 0.00 | 0.06 | 1.58 | 3.45 | 10.45 | |||
| EQIX | 0.81 | 0.16 | 0.07 | 5.65 | 0.92 | 1.49 | 5.75 |
Partner Communications Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Partner Communications stock to make a market-neutral strategy. Peer analysis of Partner Communications could also be used in its relative valuation, which is a method of valuing Partner Communications by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Partner Communications Corporate Management
| Yael Gaoni | VP Communications | Profile | |
| Avraham Gabbay | Chief Officer | Profile | |
| Sarit Hecht | Chief VP | Profile | |
| Ori Gal | VP Marketing | Profile | |
| Amir Adar | Head Projects | Profile | |
| Advocate Sharabi | Head Department | Profile | |
| Addie Koren | COO HR | Profile |
Still Interested in Partner Communications?
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