Ratio Oil Correlations

RATI Stock

385.00 8.10 2.15%

The current 90-days correlation between Ratio Oil Explorations and Adgar Investments and is 0.35 (i.e., Weak diversification). The correlation of Ratio Oil 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.

Ratio Oil Correlation With Market

Good diversification

The correlation between Ratio Oil Explorations and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ratio Oil Explorations and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Ratio Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ratio Oil 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 Ratio Oil - 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 Ratio Oil Explorations to buy it.

Moving together with Ratio Stock

0.75	LUMI	Bank Leumi Le	Pair Corr
0.84	ICL	ICL Israel Chemicals	Pair Corr
0.81	MZTF	Mizrahi Tefahot	Pair Corr
0.92	DSCT	Israel Discount Bank	Pair Corr
0.73	MCTC	Nextage Therapeutics	Pair Corr

Moving against Ratio Stock

0.82	SAFE	Safe T Group	Pair Corr
0.74	NICE	Nice	Pair Corr
0.63	DCI	Direct Capital Inves	Pair Corr
0.44	ORA	Ormat Technologies	Pair Corr
0.37	APLY	Aerodrome Group	Pair Corr
0.35	BSP	Black Sea Property	Pair Corr
0.35	ICB	Israel China Biotech	Pair Corr

Related Correlations Analysis

	AZRM	DISI	ADGR	SHGR	BLND	LBRA	ALRPR
AZRM		-0.22	0.74	-0.56	-0.14	-0.36	-0.27	AZRM
DISI	-0.22		-0.1	0.4	0.2	0.5	0.33	DISI
ADGR	0.74	-0.1		-0.62	-0.21	-0.34	-0.17	ADGR
SHGR	-0.56	0.4	-0.62		0.78	0.62	0.62	SHGR
BLND	-0.14	0.2	-0.21	0.78		0.39	0.6	BLND
LBRA	-0.36	0.5	-0.34	0.62	0.39		0.56	LBRA
ALRPR	-0.27	0.33	-0.17	0.62	0.6	0.56		ALRPR
	AZRM	DISI	ADGR	SHGR	BLND	LBRA	ALRPR

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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

BLND	+ 0.78	SHGR
ADGR	+ 0.74	AZRM
LBRA	+ 0.62	SHGR
ALRPR	+ 0.62	SHGR
ALRPR	+ 0.6	BLND
ALRPR	+ 0.56	LBRA

High negative correlations

SHGR	- 0.62	ADGR
SHGR	- 0.56	AZRM
LBRA	- 0.36	AZRM
LBRA	- 0.34	ADGR
ALRPR	- 0.27	AZRM
DISI	- 0.22	AZRM

Risk-Adjusted Indicators

There is a big difference between Ratio Stock performing well and Ratio Oil 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 Ratio Oil'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
AZRM	1.89	(0.35)	0.00	7.37	0.00	0.00	4.25	(3.97)	12.50
DISI	2.46	0.02	0.00	(0.06)	3.79	(2.57)	6.76	(4.24)	25.43
ADGR	1.24	(0.11)	0.00	(2.61)	0.00	0.00	2.84	(2.77)	12.29
SHGR	1.18	0.35	0.28	(3.04)	0.89	(1.49)	3.44	(1.86)	7.58
BLND	1.92	0.22	0.06	(0.43)	2.30	(3.39)	6.50	(5.66)	18.80
LBRA	2.24	0.64	0.25	2.19	2.02	(2.57)	7.32	(3.59)	17.07
ALRPR	1.39	0.30	0.15	4.67	1.62	(1.70)	3.25	(2.40)	13.33

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ratio Oil 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.

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Ratio Oil Corporate Management

Elected by the shareholders, the Ratio Oil's board of directors comprises two types of representatives: Ratio Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ratio. The board's role is to monitor Ratio Oil's management team and ensure that shareholders' interests are well served. Ratio Oil'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, Ratio Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.

Yigal Landau	CEO Director	Profile
Noa Burla	Legal Adviser	Profile
Yossi Shazar	Chief Officer	Profile
Itay Rafael	Sec	Profile
Eitan Eizenberg	VP EP	Profile
Josh Steinberg	VP Geosciences	Profile
Amir Brami	Chief Officer	Profile

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