Levinstein Eng Correlations

LEVI Stock  ILS 50,050  -40.00  -0.08%   
Current 90-days correlation between Levinstein Eng and E M Computing is 0.21 (i.e., Moderate diversification).The correlation coefficient ranges from -1 to +1 and quantifies how closely the stock co-moves with paired assets.

Levinstein Eng Correlation With Broad Market

Poor diversification
The correlation between Levinstein Eng and Dow Jones is 0.75, which Macroaxis classifies as Poor diversification for the selected horizon. This chart helps evaluate whether adding Dow Jones genuinely reduces risk relative to holding Levinstein Eng alone.
  
This dataset outlines how Levinstein Eng behaves relative to comparable instruments. All correlation values are derived from historical return data.

Moving Against Levinstein Stock

  0.43GZT Gazit GlobePairCorr
  0.35NICE NicePairCorr

Related Correlations Analysis


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

ABRAACCL
MTRNEMCO
ACCLEMCO
ABRAEMCO
ACCLALAR
ABRAUNIT
  

High negative correlations

ICONEMCO
ABRAICON
ACCLICON
ICONALAR
MTRNICON
STGMTRN

Risk-Adjusted Indicators

Strong recent returns in Levinstein Stock do not always mean Levinstein Eng Company is outperforming peers on business quality. Risk-adjusted metrics help compare Levinstein Eng's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.

Be Your Own Money Manager

Portfolio optimization matters because investors need a repeatable way to decide whether adding Levinstein Eng improves expected return without taking on disproportionate risk. A stronger allocation process asks what the position adds to the portfolio, not just what it might do on its own.

Did You Try This?

Run Portfolio Manager Now

   

Portfolio Manager

State of the art Portfolio Manager to monitor and improve performance of your invested capital
All  Next Launch Module

Levinstein Eng Corporate Management

Governance context around Levinstein Eng gives investors another way to assess whether decision-making power is balanced, accountable, and aligned with shareholder priorities. This becomes more valuable when investors want to compare oversight quality across firms that may otherwise look financially similar.