Israel Land Correlations

ILDR Stock

1,038 2.00 0.19%

The current 90-days correlation between Israel Land Development and Solaer Israel is -0.02 (i.e., Good diversification). The correlation of Israel Land 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.

Israel Land Correlation With Market

Average diversification

The correlation between Israel Land Development and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Israel Land Development and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Israel Stock

0.94	OPCE	OPC Energy	Pair Corr
0.76	DLEKG	Delek Group	Pair Corr
0.85	LAPD	Lapidoth	Pair Corr
0.7	PTBL	Propert Buil	Pair Corr
0.71	ISRS	Isras Investment	Pair Corr
0.95	KEN	Kenon Holdings	Pair Corr
0.91	DIFI	Direct Finance TA	Pair Corr
0.76	ARAD	Arad Investment Indu	Pair Corr
0.62	KRDI	Kardan Israel	Pair Corr
0.91	MTDS	Meitav Dash Investments	Pair Corr
0.94	IES	IES Holdings	Pair Corr
0.89	MRIN	YD More Investments	Pair Corr
0.8	YHNF	M Yochananof	Pair Corr
0.84	ISCD	Isracard	Pair Corr
0.89	AFPR	Afi Properties	Pair Corr
0.89	TEVA	Teva Pharmaceutical	Pair Corr
0.9	ANLT	Analyst IMS Investment	Pair Corr
0.68	PRTC	Priortech	Pair Corr
0.9	SPEN	Shapir Engineering	Pair Corr
0.94	ARNA	Arena Star Group	Pair Corr
0.8	BLGO	Buligo Capital	Pair Corr
0.87	WESR	Wesure Global Tech	Pair Corr
0.88	BIG	Big Shopping Centers	Pair Corr
0.74	PLNT	Plantarc Bio	Pair Corr
0.92	NTO	Neto ME Holdings	Pair Corr
0.84	DANH	Dan Hotels	Pair Corr
0.85	PTNR	Partner	Pair Corr

Moving against Israel Stock

0.84	IGLD	Internet Gold Golden	Pair Corr
0.73	TMRP	Tamar Petroleum	Pair Corr
0.64	ILCO	Israel Corp	Pair Corr
0.37	HRON	Hiron Trade Investments	Pair Corr
0.4	SPNTC	Spuntech	Pair Corr

Related Correlations Analysis

	SOLR	TOEN	ISOP	RTPT	GIVO	FGAS	PTX	APLP	LPHL	MDIN
SOLR		0.78	0.68	0.38	-0.83	-0.17	0.91	-0.78	0.45	-0.87	SOLR
TOEN	0.78		0.53	0.39	-0.42	-0.03	0.7	-0.6	0.42	-0.6	TOEN
ISOP	0.68	0.53		0.28	-0.7	-0.11	0.66	-0.78	0.38	-0.79	ISOP
RTPT	0.38	0.39	0.28		-0.28	0.12	0.5	-0.13	-0.06	-0.29	RTPT
GIVO	-0.83	-0.42	-0.7	-0.28		0.1	-0.78	0.79	-0.39	0.92	GIVO
FGAS	-0.17	-0.03	-0.11	0.12	0.1		-0.22	0.08	-0.62	0.24	FGAS
PTX	0.91	0.7	0.66	0.5	-0.78	-0.22		-0.65	0.39	-0.82	PTX
APLP	-0.78	-0.6	-0.78	-0.13	0.79	0.08	-0.65		-0.49	0.88	APLP
LPHL	0.45	0.42	0.38	-0.06	-0.39	-0.62	0.39	-0.49		-0.58	LPHL
MDIN	-0.87	-0.6	-0.79	-0.29	0.92	0.24	-0.82	0.88	-0.58		MDIN
	SOLR	TOEN	ISOP	RTPT	GIVO	FGAS	PTX	APLP	LPHL	MDIN

Please upgrade your account to get full access to Macroaxis premium features

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

MDIN	+ 0.92	GIVO
PTX	+ 0.91	SOLR
MDIN	+ 0.88	APLP
APLP	+ 0.79	GIVO
TOEN	+ 0.78	SOLR
PTX	+ 0.7	TOEN

High negative correlations

MDIN	- 0.87	SOLR
GIVO	- 0.83	SOLR
MDIN	- 0.82	PTX
MDIN	- 0.79	ISOP
PTX	- 0.78	GIVO
APLP	- 0.78	ISOP

Risk-Adjusted Indicators

There is a big difference between Israel Stock performing well and Israel Land 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 Israel Land'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
SOLR	1.42	0.49	0.32	(8.33)	0.67	(1.90)	4.01	(2.17)	13.95
TOEN	1.63	0.22	0.10	0.43	1.44	(2.41)	5.11	(3.15)	10.12
ISOP	2.93	0.41	0.14	0.39	2.63	(3.96)	7.85	(5.06)	17.93
RTPT	1.75	(0.09)	0.00	(0.06)	0.00	0.00	3.53	(3.45)	12.04
GIVO	1.08	(0.42)	0.00	1.32	0.00	0.00	1.34	(3.25)	9.31
FGAS	1.34	(0.17)	0.00	(2.10)	0.00	0.00	2.70	(2.51)	16.42
PTX	2.09	0.60	0.12	(1.24)	2.05	(3.86)	7.16	(4.65)	16.85
APLP	3.06	(0.26)	0.00	(1.03)	0.00	0.00	7.50	(6.07)	18.20
LPHL	1.04	0.31	0.11	(2.38)	0.92	(1.77)	2.56	(1.61)	22.93
MDIN	1.76	(0.92)	0.00	(1.23)	0.00	0.00	1.89	(4.83)	17.29

Be your own money manager

Our tools can tell you how much better you can do entering a position in Israel Land 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 Odds Of Bankruptcy Now

Odds Of Bankruptcy

Get analysis of equity chance of financial distress in the next 2 years

All Next

Launch Module

Israel Land Corporate Management

Elected by the shareholders, the Israel Land's board of directors comprises two types of representatives: Israel Land inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Israel. The board's role is to monitor Israel Land's management team and ensure that shareholders' interests are well served. Israel Land'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, Israel Land's outside directors are responsible for providing unbiased perspectives on the board's policies.

Daniel Nimroth	Chief Ltd	Profile
Kimberly Nir	VP Sec	Profile
Dalia Spanier	Comptroller	Profile
Alex Mariash	Chief Officer	Profile

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

2025 Macroaxis LLC