Levinstein Eng Correlations

Stocks . Israel . 
Stock . Levinstein Eng
LEVI Stock  ILS 39,690  100.00  0.25%   
The current 90-days correlation between Levinstein Eng and Aura Investments is -0.08 (i.e., Good diversification). The correlation of Levinstein Eng 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.

Levinstein Eng Correlation With Market

Significant diversification

The correlation between Levinstein Eng and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Levinstein Eng and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Levinstein Eng could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Levinstein Eng 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 Levinstein Eng - 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 Levinstein Eng to buy it.

Moving together with Levinstein Stock

  0.84STCM Satcom SystemsPairCorr
  0.96NTML Neto MalindaPairCorr
  0.96ORBI Orbit TechnologiesPairCorr
  0.91ARYT Aryt IndustriesPairCorr
  0.65QLTU QualitauPairCorr
  0.77TNPV Technoplus VenturesPairCorr
  0.89ICL ICL Israel ChemicalsPairCorr
  0.95OVRS Overseas Commerce Earnings Call TomorrowPairCorr
  0.94TMRP Tamar PetroleumPairCorr
  0.94HOD Hod Assaf IndustriesPairCorr
  0.96SEFA Nala Digital CommercePairCorr
  0.94BEZQ Bezeq Israeli TelecoPairCorr
  0.84RIMO RimoniPairCorr
  0.93FOX Fox WizelPairCorr
  0.86FBRT FMS Enterprises MigunPairCorr
  0.92ISCN Israel CanadaPairCorr
  0.9NZHT Netz HotelsPairCorr
  0.89MZTF Mizrahi TefahotPairCorr
  0.69BRAM Bram IndusPairCorr
  0.96CDEV Cohen DevPairCorr
  0.95RLCO Ralco AgenciesPairCorr
  0.71ALTF Altshuler Shaham FinPairCorr
  0.93DLEKG Delek GroupPairCorr
  0.96SKBN Shikun BinuiPairCorr
  0.99CMDR Computer DirectPairCorr
  0.93MGDL Migdal InsurancePairCorr
  0.96HARL Harel Insurance InvePairCorr
  0.96ISRS Isras InvestmentPairCorr
  0.83BRND Brand GroupPairCorr
  0.82TSEM Tower SemiconductorPairCorr
  0.95ELCO ElcoPairCorr

Moving against Levinstein Stock

  0.9SPRG Spring VenturesPairCorr

Related Correlations Analysis

Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Levinstein Eng 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?

Run Stock Tickers Now

   

Stock Tickers

Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
All  Next Launch Module

Levinstein Eng Corporate Management

Elected by the shareholders, the Levinstein Eng's board of directors comprises two types of representatives: Levinstein Eng inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Levinstein. The board's role is to monitor Levinstein Eng's management team and ensure that shareholders' interests are well served. Levinstein Eng'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, Levinstein Eng's outside directors are responsible for providing unbiased perspectives on the board's policies.
Uri FlishmanVP SalesProfile
Yuval NamatVP ExecutionProfile
Cohen NVP DevelProfile
Yossi NativChief LtdProfile
Yael LotanSec, AdvisorProfile
Yelena KoperschmidChief OfficerProfile
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY