AGF Management Correlations

Stocks . Germany . 
Stock . AGF Management Limited
A3J Stock  EUR 8.35  0.25  2.91%   
The current 90-days correlation between AGF Management and ACCSYS TECHPLC EO is 0.1 (i.e., Average diversification). The correlation of AGF Management 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.

AGF Management Correlation With Market

Good diversification

The correlation between AGF Management Limited and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AGF Management Limited and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to AGF Management could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AGF Management 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 AGF Management - 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 AGF Management Limited to buy it.

Moving together with AGF Stock

  0.64TEY TeradynePairCorr
  0.66MYD Myriad GeneticsPairCorr
  0.86TT1 TTM TechnologiesPairCorr
  0.742HP Hewlett Packard EntePairCorr
  0.61ABJA ABB Earnings Call This WeekPairCorr
  0.81CW7 Shougang Concord CenturyPairCorr
  0.782K VNV GLOBAL ABPairCorr
  0.78PTJ PANTERRA GOLDPairCorr
  0.85TSFA Taiwan Semiconductor Earnings Call This WeekPairCorr
  0.75WHX APB AprangaPairCorr
  0.874GK Axtel SAB de Earnings Call TomorrowPairCorr
  0.85TEKB TECK RESOURCES BPairCorr
  0.8431WN WESTERN PERPairCorr
  0.72CTM China Mobile Limited Earnings Call This WeekPairCorr
  0.890M5 Bill HoldingsPairCorr

Moving against AGF Stock

  0.690QN Ares Management CorpPairCorr
  0.59A4S Ameriprise FinancialPairCorr
  0.43TR1 T Rowe PricePairCorr

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

AMK
+ 0.82
SXC
AMK
+ 0.71
1D8
1D8
+ 0.63
SXC
EU6
+ 0.58
52D0
AMK
+ 0.26
KDIC
SXC
+ 0.18
KDIC
  

High negative correlations

EU6
- 0.71
AMK
AMK
- 0.68
52D0
52D0
- 0.61
SXC
EU6
- 0.52
1D8
EU6
- 0.5
KDIC
EU6
- 0.48
SXC

Risk-Adjusted Indicators

There is a big difference between AGF Stock performing well and AGF Management 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 AGF Management'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 AGF Management 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 Instant Ratings Now

   

Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

AGF Management Corporate Management

Elected by the shareholders, the AGF Management's board of directors comprises two types of representatives: AGF Management inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AGF. The board's role is to monitor AGF Management's management team and ensure that shareholders' interests are well served. AGF Management'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, AGF Management's outside directors are responsible for providing unbiased perspectives on the board's policies.
CFA CMEx ChairmanProfile
LLD LLBHead PresProfile
CFA CFAChief CEOProfile
CA CFAAdvisorProfile
Jenny QuinnChief VPProfile
Amanda MarchmentDirector CommunicationsProfile
Karrie BelleChief 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