Sensorion Correlations

ALSEN Stock  EUR 0.47  0.05  11.90%   
The current 90-days correlation between Sensorion SA and Mediantechn is 0.09 (i.e., Significant diversification).Understanding Sensorion's pairwise correlations with sector peers is a useful first step in identifying truly differentiated exposure within an investment portfolio.

Correlation With Market Overview: Sensorion

Very good diversification

Across the chosen horizon, ALSEN and DJI show a correlation of -0.38 and fall into the Very good diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
  
Correlation context here can be used to compare Sensorion with related instruments. Some jurisdictions apply wash sale rules to substantially identical replacements; this is provided as general context.

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

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High negative correlations

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Risk-Adjusted Indicators

There is a big difference between Sensorion Stock performing well and Sensorion 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 Sensorion'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

Optimization tools can help investors judge whether capital allocated to Sensorion SA is being used efficiently relative to other opportunities in the same equity universe. This is most useful when investors want to improve risk-adjusted return instead of simply owning more ideas at once.

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Sensorion Corporate Management

Governance review matters for Sensorion SA because boards and executives shape oversight, strategic discipline, and how shareholder interests are represented. This becomes more valuable when investors want to compare oversight quality across firms that may otherwise look financially similar.
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