SaverOne 2014 Correlations

SVRE Stock

USD 4.37 0.14 3.10%

The correlation of SaverOne 2014 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.

SaverOne 2014 Correlation With Market

Average diversification

The correlation between SaverOne 2014 Ltd and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SaverOne 2014 Ltd and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SaverOne 2014 Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with SaverOne Stock

0.81	ELSE	Electro Sensors	Pair Corr
0.84	KNW	Know Labs	Pair Corr
0.73	NOVT	Novanta	Pair Corr
0.72	SOTK	Sono Tek Corp	Pair Corr
0.75	COHR	Coherent	Pair Corr
0.84	DIOD	Diodes Incorporated	Pair Corr
0.73	AI	C3 Ai Inc	Pair Corr
0.66	BL	Blackline	Pair Corr

Moving against SaverOne Stock

0.79	ESE	ESCO Technologies	Pair Corr
0.68	SVREW	SaverOne 2014	Pair Corr
0.63	TDY	Teledyne Technologies	Pair Corr
0.54	GRMN	Garmin	Pair Corr
0.51	WRAP	Wrap Technologies	Pair Corr
0.49	FARO	FARO Technologies	Pair Corr
0.69	BB	BlackBerry	Pair Corr
0.34	BKSY	Blacksky Technology	Pair Corr

Related Correlations Analysis

	MINDP	KRKNF	FCUV	NSCIF	MIND	SEPJF	ELSE	SOTK	VPG
MINDP		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	MINDP
KRKNF	0.0		0.27	0.19	0.09	-0.21	0.73	0.44	0.1	KRKNF
FCUV	0.0	0.27		0.49	0.17	0.16	0.33	-0.14	-0.01	FCUV
NSCIF	0.0	0.19	0.49		-0.07	0.01	0.42	0.02	-0.16	NSCIF
MIND	0.0	0.09	0.17	-0.07		0.66	0.01	-0.22	0.68	MIND
SEPJF	0.0	-0.21	0.16	0.01	0.66		-0.3	-0.39	0.25	SEPJF
ELSE	0.0	0.73	0.33	0.42	0.01	-0.3		0.53	0.06	ELSE
SOTK	0.0	0.44	-0.14	0.02	-0.22	-0.39	0.53		0.18	SOTK
VPG	0.0	0.1	-0.01	-0.16	0.68	0.25	0.06	0.18		VPG
	MINDP	KRKNF	FCUV	NSCIF	MIND	SEPJF	ELSE	SOTK	VPG

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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

ELSE	+ 0.73	KRKNF
VPG	+ 0.68	MIND
SEPJF	+ 0.66	MIND
SOTK	+ 0.53	ELSE
NSCIF	+ 0.49	FCUV
SOTK	+ 0.44	KRKNF

High negative correlations

SOTK	- 0.39	SEPJF
ELSE	- 0.3	SEPJF
SOTK	- 0.22	MIND
SEPJF	- 0.21	KRKNF
VPG	- 0.16	NSCIF
SOTK	- 0.14	FCUV

Risk-Adjusted Indicators

There is a big difference between SaverOne Stock performing well and SaverOne 2014 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 SaverOne 2014'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
MINDP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
KRKNF	2.81	0.08	0.04	3.53	3.22	(3.52)	6.16	(5.59)	17.45
FCUV	11.73	3.13	0.30	0.95	8.59	(16.68)	29.33	(19.35)	200.44
NSCIF	2.00	0.13	0.03	(1.06)	2.51	(8.40)	9.52	(4.55)	24.49
MIND	4.04	0.38	0.08	0.77	4.81	(4.52)	8.15	(9.11)	30.83
SEPJF	2.35	0.04	0.03	(0.45)	3.17	(2.93)	5.59	(6.18)	20.06
ELSE	1.92	(0.01)	0.03	(0.02)	2.21	(2.20)	3.98	(4.03)	12.55
SOTK	2.24	(0.32)	0.00	(0.48)	0.00	0.00	4.64	(4.73)	15.16
VPG	1.62	0.03	0.00	(0.04)	0.00	0.00	3.57	(3.32)	14.71

SaverOne 2014 Corporate Management

Alon Refaeli	Head Market	Profile
Yossi Cohen	Founder COO	Profile
Aviram Meidan	VP RD	Profile
Tony Klein	Chief Officer	Profile
Omri Hagai	Chief Officer	Profile
Israel Eybi	Chief Officer	Profile

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