Essity AB Correlations

ESSITY-A

SEK 262.50 -0.50 -0.19%

Current 90-days correlation between Essity AB and Axfood AB is 0.1 (i.e., Average diversification).Essity AB's correlation with commodity prices, currency pairs, or macro factors can surface hidden portfolio risks that are not visible in a simple equity-versus-equity analysis.

Essity AB Market Correlation Overview

Very weak diversification

Across the chosen horizon, ESSITY-A and DJI show a correlation of 0.48 and fall into the Very weak diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.

The correlation view summarizes how Essity AB aligns with comparable exposures. Wash sale rules may restrict substantially identical replacements in some jurisdictions; this view is informational only.

Moving together with Essity Stock

0.91	ESSITY-B	Essity AB	Pair Corr
0.63	CANDLE-B	Candles Scandinavia	Pair Corr
0.72	AZN	AstraZeneca PLC	Pair Corr
0.74	INVE-A	Investor AB ser	Pair Corr
0.75	INVE-B	Investor AB ser	Pair Corr
0.63	ATCO-B	Atlas Copco AB	Pair Corr
0.66	ATCO-A	Atlas Copco AB	Pair Corr
0.64	TEL2-A	Tele2 AB	Pair Corr
0.63	LOYAL	Loyal Solutions AS	Pair Corr
0.65	BIOEX	Bioextrax AB	Pair Corr

Moving against Essity Stock

0.57	LYKO-A	Lyko Group A	Pair Corr
0.57	LCLEAN	Lifeclean International	Pair Corr
0.52	ZZ-B	Zinzino AB Series	Pair Corr
0.49	DUNI	Duni AB	Pair Corr

Related Correlations Analysis

	DUNI	CLEM	ZZ-B	LCLEAN	LYKO-A	AAK	AXFO	CLA-B	ACAD	CANDLE-B
DUNI		0.32	0.13	0.5	0.55	0.39	-0.34	-0.62	-0.06	-0.73	DUNI
CLEM	0.32		0.12	0.42	0.44	0.49	-0.29	-0.45	-0.3	-0.41	CLEM
ZZ-B	0.13	0.12		0.73	0.74	0.48	-0.84	-0.64	0.61	-0.4	ZZ-B
LCLEAN	0.5	0.42	0.73		0.95	0.79	-0.91	-0.93	0.25	-0.68	LCLEAN
LYKO-A	0.55	0.44	0.74	0.95		0.75	-0.91	-0.95	0.24	-0.66	LYKO-A
AAK	0.39	0.49	0.48	0.79	0.75		-0.7	-0.79	-0.16	-0.55	AAK
AXFO	-0.34	-0.29	-0.84	-0.91	-0.91	-0.7		0.9	-0.38	0.64	AXFO
CLA-B	-0.62	-0.45	-0.64	-0.93	-0.95	-0.79	0.9		-0.1	0.78	CLA-B
ACAD	-0.06	-0.3	0.61	0.25	0.24	-0.16	-0.38	-0.1		-0.07	ACAD
CANDLE-B	-0.73	-0.41	-0.4	-0.68	-0.66	-0.55	0.64	0.78	-0.07		CANDLE-B
	DUNI	CLEM	ZZ-B	LCLEAN	LYKO-A	AAK	AXFO	CLA-B	ACAD	CANDLE-B

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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

LYKO-A	+ 0.95	LCLEAN
CLA-B	+ 0.9	AXFO
AAK	+ 0.79	LCLEAN
CANDLE-B	+ 0.78	CLA-B
AAK	+ 0.75	LYKO-A
LYKO-A	+ 0.74	ZZ-B

High negative correlations

CLA-B	- 0.95	LYKO-A
CLA-B	- 0.93	LCLEAN
AXFO	- 0.91	LYKO-A
AXFO	- 0.91	LCLEAN
AXFO	- 0.84	ZZ-B
CLA-B	- 0.79	AAK

Risk-Adjusted Indicators

There is a big difference between Essity Stock performing well and Essity 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 Essity 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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
DUNI	1.04	-0.03	0.00	-0.85	0.00	0.00	1.54	-2.26	8.79
CLEM	1.87	-0.04	0.00	-0.08	0.00	0.00	4.49	-4.30	14.42
ZZ-B	2.40	-0.11	0.00	-0.18	0.00	0.00	4.32	-4.39	40.54
LCLEAN	4.95	-1.03	0.00	-2.03	0.00	0.00	10.38	-12.75	28.83
LYKO-A	2.32	-1.09	0.00	0.72	0.00	0.00	2.65	-7.17	20.77
AAK	0.92	-0.19	0.00	0.59	0.00	0.00	1.90	-2.31	6.11
AXFO	1.00	0.31	0.21	3.13	1.28	-1.09	2.37	-1.33	9.04
CLA-B	0.95	0.44	0.38	0.87	0.88	-1.17	2.20	-1.53	11.14
ACAD	1.25	0.01	0.03	0.03	1.77	-1.27	2.83	-3.43	7.64
CANDLE-B	3.04	0.40	0.12	0.34	3.02	-4.21	7.02	-5.31	36.78

Be your own money manager

Optimization tools can help investors judge whether capital allocated to Essity AB 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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Essity AB Corporate Management

Governance review matters for Essity AB 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.

Per Lorentz	VP Communications	Profile
BA BSc	Pres Hygiene	Profile
BSc BA	Pres Goods	Profile
Mikael Schmidt	Gen Affairs	Profile
Karl Stoltz	Ma Relations	Profile
Josephine BSc	VP Communications	Profile
MSc MBA	CEO Pres	Profile

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