Rani Zim Correlations
| RANI Stock | ILA 467.90 5.20 1.12% |
The current 90-days correlation between Rani Zim Shopping and EN Shoham Business is 0.45 (i.e., Very weak diversification). The correlation of Rani Zim 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.
Rani Zim Correlation With Market
Very good diversification
The correlation between Rani Zim Shopping and DJI is -0.28 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rani Zim Shopping and DJI in the same portfolio, assuming nothing else is changed.
Rani |
The ability to find closely correlated positions to Rani Zim could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rani Zim 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 Rani Zim - 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 Rani Zim Shopping to buy it.
Moving together with Rani Stock
| 0.94 | ALRPR | Alrov Properties Lodgings | PairCorr |
| 0.72 | ISRS | Isras Investment | PairCorr |
| 0.63 | DANH | Dan Hotels | PairCorr |
| 0.94 | HOD | Hod Assaf Industries | PairCorr |
| 0.92 | JBNK | Jerusalem | PairCorr |
| 0.72 | MVNE | Mivne Real Estate | PairCorr |
| 0.85 | DANE | Danel | PairCorr |
| 0.87 | STRS | Strauss Group | PairCorr |
| 0.8 | PZOL | Paz Oil | PairCorr |
| 0.87 | MGDL | Migdal Insurance | PairCorr |
| 0.66 | RTLS | Retailors | PairCorr |
| 0.7 | ENDY | Endymed | PairCorr |
| 0.89 | SHNP | Schnapp | PairCorr |
| 0.77 | MSKE | Meshek Energy Renewable | PairCorr |
| 0.78 | SLARL | Sella Real Estate | PairCorr |
Moving against Rani Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Rani Stock performing well and Rani Zim 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 Rani Zim'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SHOM | 1.61 | 0.64 | 0.46 | (0.85) | 0.97 | 5.07 | 8.85 | |||
| ACCL | 1.78 | 0.48 | 0.19 | (21.63) | 1.90 | 3.78 | 21.20 | |||
| RPAC | 1.54 | 0.54 | 0.31 | (1.12) | 1.20 | 4.03 | 12.47 | |||
| MISH | 1.63 | 0.41 | 0.28 | (29.12) | 1.22 | 3.95 | 10.18 | |||
| GNRS | 1.80 | 0.19 | 0.09 | (1.63) | 2.01 | 3.76 | 16.66 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Rani Zim 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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Rani Zim Corporate Management
Elected by the shareholders, the Rani Zim's board of directors comprises two types of representatives: Rani Zim inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rani. The board's role is to monitor Rani Zim's management team and ensure that shareholders' interests are well served. Rani Zim'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, Rani Zim's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rani Zim | Chairman Owner | Profile | |
| Oded Dolinsky | Chief Officer | Profile | |
| Yehezkel Zaieg | Independent Director | Profile | |
| Yoav Kaplan | Executive Vice President Vice President - Business Development | Profile | |
| Zahavit Shahaf | G Sec | Profile | |
| Nurit Peleg | External Director | Profile | |
| Menashe Zelka | Managing Director | Profile |