Tiv Taam Correlations
| TTAM Stock | 754.00 28.00 3.86% |
The current 90-days correlation between Tiv Taam and Victory Supermarket Chain is 0.32 (i.e., Weak diversification). The correlation of Tiv Taam 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.
Tiv Taam Correlation With Market
Significant diversification
The correlation between Tiv Taam and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tiv Taam and DJI in the same portfolio, assuming nothing else is changed.
Tiv |
The ability to find closely correlated positions to Tiv Taam could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tiv Taam 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 Tiv Taam - 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 Tiv Taam to buy it.
Moving together with Tiv Stock
| 0.86 | LUMI | Bank Leumi Le | PairCorr |
| 0.8 | MZTF | Mizrahi Tefahot | PairCorr |
| 0.88 | DSCT | Israel Discount Bank | PairCorr |
| 0.88 | HARL | Harel Insurance Inve | PairCorr |
| 0.84 | MGDL | Migdal Insurance | PairCorr |
| 0.83 | FIBI | First International Bank | PairCorr |
| 0.78 | STRS | Strauss Group | PairCorr |
Moving against Tiv Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Tiv Stock performing well and Tiv Taam 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 Tiv Taam'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SAE | 1.13 | 0.17 | 0.12 | (153.95) | 1.33 | 1.99 | 6.73 | |||
| RMLI | 1.19 | 0.31 | 0.26 | 0.71 | 1.00 | 3.06 | 6.80 | |||
| VCTR | 1.28 | 0.05 | 0.04 | 0.15 | 1.63 | 2.62 | 10.29 | |||
| STRS | 1.39 | 0.41 | 0.33 | (1.02) | 0.98 | 3.56 | 15.08 | |||
| YHNF | 1.16 | 0.15 | 0.10 | 0.20 | 1.38 | 3.25 | 8.98 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Tiv Taam 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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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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Tiv Taam Corporate Management
Elected by the shareholders, the Tiv Taam's board of directors comprises two types of representatives: Tiv Taam inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tiv. The board's role is to monitor Tiv Taam's management team and ensure that shareholders' interests are well served. Tiv Taam'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, Tiv Taam's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Harry Eldad | Chief Ltd | Profile | |
| Oren Miller | Head Division | Profile | |
| Sharon Shane | Head HR | Profile | |
| Alon Ashkenazi | Head Division | Profile | |
| Yariv Ardon | Chief Israco | Profile | |
| Shalom Hagai | CEO Director | Profile | |
| Tzahi Lipka | VPTrade | Profile |