Intrum AB Correlations

Stocks . UK . 
Stock . Intrum AB
0H9P Stock  SEK 50.81  1.53  3.10%   
The current 90-days correlation between Intrum AB and Ryanair Holdings plc is 0.03 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Intrum AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intrum AB moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Intrum AB Correlation With Market

Significant diversification

The correlation between Intrum AB 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 Intrum AB and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Intrum AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intrum AB 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 Intrum AB - 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 Intrum AB to buy it.

Moving together with Intrum Stock

  0.74QBT Quantum BlockchainPairCorr
  0.66VRS Versarien PLCPairCorr
  0.620HN5 Big LotsPairCorr
  0.9IGE Image Scan HoldingsPairCorr

Moving against Intrum Stock

  0.81AHT Ashtead Group PLCPairCorr
  0.790RIH Alphabet Class APairCorr
  0.680LIU United Airlines Holdings Earnings Call TomorrowPairCorr
  0.650LQQ Vodafone Group PLCPairCorr
  0.63PCT Polar Capital TechnologyPairCorr
  0.58BANK Fiinu PLCPairCorr
  0.510IGA Emergent BiosolutionsPairCorr
  0.51OIG Oryx International GrowthPairCorr
  0.44BOWL Hollywood Bowl GroupPairCorr
  0.820KXO Ross StoresPairCorr
  0.780R2D Kinross Gold CorpPairCorr
  0.78BRFI BlackRock FrontiersPairCorr
  0.77AJOT AVI Japan OpportunityPairCorr
  0.77NXQ Nexteq PLCPairCorr
  0.730RHN AcadeMedia ABPairCorr
  0.69ROAD Roadside Real EstatePairCorr
  0.58SEPL Seplat Petroleum DevPairCorr
  0.57FCIT FC Investment TrustPairCorr
  0.55MAFL Mineral FinancialPairCorr
  0.53XGLS DB Physical GoldPairCorr
  0.520R9G Naturhouse HealthPairCorr
  0.46IAG International ConsolidatedPairCorr
  0.460M1K Travel LeisurePairCorr
  0.36SNR Senior PLCPairCorr

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

ATN
+ 0.87
0QZ4
0Y5X
+ 0.76
0JBD
ATN
+ 0.63
0RYA
0QZ4
+ 0.6
0JBD
CAML
+ 0.55
WIZZ
0Y5X
+ 0.55
0QZ4
  

High negative correlations

0Y5X
- 0.17
WIZZ
0JBD
- 0.12
WIZZ

Risk-Adjusted Indicators

There is a big difference between Intrum Stock performing well and Intrum AB 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 Intrum AB'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 Intrum AB 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 Balance Of Power Now

   

Balance Of Power

Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
All  Next Launch Module

Intrum AB Corporate Management

Elected by the shareholders, the Intrum AB's board of directors comprises two types of representatives: Intrum AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Intrum. The board's role is to monitor Intrum AB's management team and ensure that shareholders' interests are well served. Intrum AB'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, Intrum AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
Johan BrodinChief OfficerProfile
Anna FallChief OfficerProfile
Annette BChief OfficerProfile
Mohammed SalloumInterim OfficerProfile
Mats GustafssonActing DevelProfile
Lina ClaessonChief OfficerProfile
Chantal VerbeekVingerhoedChief 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
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY