Value Capital Correlations

PLTF Stock

ILS 21.60 0.70 3.35%

The current 90-days correlation between Value Capital One and Seach Medical Group is 0.01 (i.e., Significant diversification). The correlation of Value Capital 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.

Value Capital Correlation With Market

Significant diversification

The correlation between Value Capital One and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Value Capital One and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Value Stock

0.51	NSTR	Norstar	Pair Corr
0.51	RIMO	Rimoni	Pair Corr
0.51	KLIL	Klil Industries	Pair Corr
0.44	HOD	Hod Assaf Industries	Pair Corr
0.42	MRIN	YD More Investments	Pair Corr
0.42	NZHT	Netz Hotels	Pair Corr
0.4	HARL	Harel Insurance Inve	Pair Corr
0.38	ALHE	Alony Hetz Properties	Pair Corr
0.37	BIG	Big Shopping Centers	Pair Corr
0.35	LUMI	Bank Leumi Le	Pair Corr
0.35	SEFA	Nala Digital Commerce	Pair Corr
0.33	GZT	Gazit Globe	Pair Corr
0.32	DSCT	Israel Discount Bank	Pair Corr
0.31	ISRS	Isras Investment	Pair Corr
0.72	QLTU	Qualitau	Pair Corr
0.57	KRUR	Kerur Holdings	Pair Corr
0.55	RLCO	Ralco Agencies	Pair Corr
0.5	GLPL	Golan Plastic	Pair Corr
0.47	BRAM	Bram Indus	Pair Corr
0.46	TSEM	Tower Semiconductor	Pair Corr
0.45	FOX	Fox Wizel	Pair Corr
0.44	SCOP	Scope Metals Group	Pair Corr
0.43	CMDR	Computer Direct	Pair Corr
0.41	CRMT	Carmit	Pair Corr
0.4	CDEV	Cohen Dev	Pair Corr
0.4	ELCO	Elco	Pair Corr

Related Correlations Analysis

	SEMG	IMED	MTRD	RPAC	HRON	ICL	BVC	IARG
SEMG		-0.67	0.95	0.78	0.88	0.81	-0.86	-0.36	SEMG
IMED	-0.67		-0.64	-0.62	-0.62	-0.55	0.62	0.48	IMED
MTRD	0.95	-0.64		0.62	0.81	0.77	-0.86	-0.2	MTRD
RPAC	0.78	-0.62	0.62		0.82	0.8	-0.66	-0.43	RPAC
HRON	0.88	-0.62	0.81	0.82		0.83	-0.74	-0.42	HRON
ICL	0.81	-0.55	0.77	0.8	0.83		-0.7	-0.1	ICL
BVC	-0.86	0.62	-0.86	-0.66	-0.74	-0.7		0.39	BVC
IARG	-0.36	0.48	-0.2	-0.43	-0.42	-0.1	0.39		IARG
	SEMG	IMED	MTRD	RPAC	HRON	ICL	BVC	IARG

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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

MTRD	+ 0.95	SEMG
HRON	+ 0.88	SEMG
ICL	+ 0.83	HRON
HRON	+ 0.82	RPAC
ICL	+ 0.81	SEMG
HRON	+ 0.81	MTRD

High negative correlations

BVC	- 0.86	MTRD
BVC	- 0.86	SEMG
BVC	- 0.74	HRON
BVC	- 0.7	ICL
IMED	- 0.67	SEMG
BVC	- 0.66	RPAC

Risk-Adjusted Indicators

There is a big difference between Value Stock performing well and Value Capital 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 Value Capital'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
SEMG	1.53	0.81	0.42	(3.03)	0.89	(1.77)	4.47	(2.78)	14.14
IMED	0.88	(0.20)	0.00	(1.17)	0.00	0.00	2.24	(4.98)	12.35
MTRD	1.02	0.40	0.31	3.27	0.63	(1.25)	2.44	(2.09)	6.92
RPAC	1.08	0.25	0.14	(0.49)	1.06	(1.31)	2.96	(2.33)	7.88
HRON	0.69	0.13	0.04	(0.65)	0.76	(1.54)	2.27	(1.88)	5.71
ICL	1.85	0.18	0.05	(0.28)	1.85	(2.07)	4.55	(3.16)	11.77
BVC	1.47	(0.13)	0.00	0.43	0.00	0.00	3.56	(3.64)	11.01
IARG	2.69	(0.35)	0.00	(0.59)	0.00	0.00	5.08	(6.60)	22.07

Be your own money manager

Our tools can tell you how much better you can do entering a position in Value Capital 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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