Neto ME Correlations

NTO Stock  ILS 6,970  40.00  0.58%   
The correlation of Neto ME 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Neto ME moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Neto ME Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neto ME Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
  
The ability to find closely correlated positions to Neto ME could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Neto ME 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 Neto ME - 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 Neto ME Holdings to buy it.

Moving together with Neto Stock

  0.71SCOP Scope Metals GroupPairCorr

Moving against Neto Stock

  0.83ORIN Orian ShMPairCorr
  0.73INBR Inbar Group FinancePairCorr
  0.71BEZQ Bezeq Israeli TelecoPairCorr

Related Correlations Analysis

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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   
SCOPARYT
DLEASCOP
  
High negative correlations   
DLEAARYT

Risk-Adjusted Indicators

There is a big difference between Neto Stock performing well and Neto ME 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 Neto ME'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Neto ME 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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Neto ME Corporate Directors

Neto ME corporate directors refer to members of a Neto ME board of directors. The board of directors generally takes responsibility for the Neto ME's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Neto ME's board members must vote for the resolution. The Neto ME board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
David EzraPres and DirectorProfile
Dan SchlesingerFinance Director, SecretaryProfile
Ariel BentankurExternal DirectorProfile
David ZrachenskiDirectorProfile

Already Invested in Neto ME Holdings?

The danger of trading Neto ME Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Neto ME is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Neto ME. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Neto ME Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neto ME Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Neto Stock analysis

When running Neto ME's price analysis, check to measure Neto ME's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Neto ME is operating at the current time. Most of Neto ME's value examination focuses on studying past and present price action to predict the probability of Neto ME's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neto ME's price. Additionally, you may evaluate how the addition of Neto ME to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Neto ME's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neto ME is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neto ME's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.