Wilk Technologies Correlations
| WILK Stock | 40.00 1.70 4.08% |
The current 90-days correlation between Wilk Technologies and Nissan is 0.17 (i.e., Average diversification). The correlation of Wilk Technologies 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.
Wilk Technologies Correlation With Market
Significant diversification
The correlation between Wilk Technologies and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wilk Technologies and DJI in the same portfolio, assuming nothing else is changed.
Wilk |
The ability to find closely correlated positions to Wilk Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wilk Technologies 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 Wilk Technologies - 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 Wilk Technologies to buy it.
Moving together with Wilk Stock
Moving against Wilk Stock
| 0.75 | PZOL | Paz Oil | PairCorr |
| 0.72 | PTBL | Propert Buil | PairCorr |
| 0.68 | BIG | Big Shopping Centers | PairCorr |
| 0.65 | TIGBUR | Tigbur Temporary | PairCorr |
| 0.63 | AZRG | Azrieli Group | PairCorr |
| 0.61 | DLEKG | Delek Group | PairCorr |
| 0.61 | RATI | Ratio Oil Explorations | PairCorr |
| 0.57 | ISRS | Isras Investment | PairCorr |
| 0.56 | RIT1 | Reit 1 | PairCorr |
| 0.52 | ARAD | Arad Investment Indu | PairCorr |
| 0.51 | ELTR | Electra | PairCorr |
| 0.5 | HRON | Hiron Trade Investments | PairCorr |
| 0.49 | STCM | Satcom Systems | PairCorr |
| 0.45 | MTLF | Matricelf | 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 Wilk Stock performing well and Wilk Technologies 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 Wilk Technologies' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WILK | 2.00 | (0.45) | 0.00 | (1.85) | 0.00 | 4.69 | 15.39 | |||
| OPAL | 1.40 | 0.37 | 0.17 | 1.10 | 1.22 | 3.46 | 7.56 | |||
| BCOM | 1.83 | 0.48 | 0.16 | (2.66) | 1.56 | 4.90 | 16.14 | |||
| HLMS | 1.49 | 0.28 | 0.11 | 1.07 | 1.39 | 3.93 | 9.83 | |||
| NVMI | 2.73 | (0.19) | 0.00 | 1.04 | 0.00 | 6.35 | 21.92 | |||
| PTCH | 2.04 | 0.33 | 0.06 | (1.99) | 2.76 | 5.20 | 17.02 | |||
| ISOP-L | 2.00 | 0.30 | 0.04 | (0.46) | 2.39 | 5.05 | 17.11 | |||
| NISA | 1.94 | 0.10 | 0.00 | 0.69 | 2.96 | 4.01 | 15.40 | |||
| PHTM | 1.09 | 0.29 | 0.11 | (35.19) | 1.08 | 2.41 | 7.08 | |||
| ILDR | 1.69 | 0.09 | (0.03) | (0.21) | 2.15 | 4.82 | 11.17 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Wilk Technologies 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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Wilk Technologies Corporate Management
Elected by the shareholders, the Wilk Technologies' board of directors comprises two types of representatives: Wilk Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wilk. The board's role is to monitor Wilk Technologies' management team and ensure that shareholders' interests are well served. Wilk Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Wilk Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Dana CPA | Chief Officer | Profile | |
| Nurit Argaman | CTO Director | Profile | |
| Tomer Eisen | Chief Officer | Profile | |
| Meirav Beiman | Head RD | Profile |