Itera ASA Correlations
| ITERA Stock | NOK 7.22 0.18 2.56% |
The current 90-days correlation between Itera ASA and Webstep ASA is 0.22 (i.e., Modest diversification).The rolling correlation of Itera ASA with major benchmarks helps investors assess how its diversification benefit changes during periods of stress versus calm markets.
Market Correlation Summary - Itera ASA
Average diversification
Across the chosen horizon, ITERA and DJI show a correlation of 0.1 and fall into the Average diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
Itera |
Correlation context here can be used to compare Itera ASA with related instruments. Wash sale rules may restrict substantially identical replacements in some jurisdictions; this view is informational only.
Moving together with Itera Stock
Moving against Itera Stock
| 0.54 | IOX | Interoil Exploration and | PairCorr |
| 0.51 | EMGS | Electromagnetic Geoservices | PairCorr |
| 0.38 | ARR | Arribatec Solutions ASA | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Itera Stock performing well and Itera ASA 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 Itera ASA'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WSTEP | 1.23 | 0.07 | 0.04 | 0.10 | 1.27 | 3.28 | 9.29 | |||
| ARR | 2.50 | 0.25 | 0.09 | -1.73 | 2.60 | 6.32 | 13.83 | |||
| RECSI | 3.77 | -1.35 | 0.00 | -3.68 | 0.00 | 6.45 | 60.83 | |||
| CYVIZ | 1.09 | -0.02 | 0.00 | 0.10 | 0.00 | 2.10 | 7.80 | |||
| TECH | 1.71 | -0.19 | 0.00 | 0.51 | 0.00 | 3.85 | 11.72 | |||
| RIVER | 4.14 | -0.25 | 0.00 | -0.22 | 0.00 | 9.50 | 26.80 | |||
| NEXT | 3.71 | -0.53 | 0.00 | -0.46 | 0.00 | 3.13 | 84.41 | |||
| ENSU | 1.54 | -0.23 | 0.00 | -0.72 | 0.00 | 2.63 | 12.21 | |||
| HDLY | 4.34 | 0.81 | 0.17 | 3.38 | 3.84 | 11.11 | 48.16 | |||
| HUDL | 3.68 | 0.05 | 0.01 | 0.02 | 4.09 | 9.52 | 28.44 |
Be your own money manager
Optimization tools can help investors judge whether capital allocated to Itera ASA 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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Itera ASA Corporate Management
Governance review matters for Itera ASA 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.
| Andre Nymoen | Chief Officer | Profile | |
| Bent Hammer | Chief Officer | Profile | |
| Siren Tnnesen | Head Director | Profile | |
| Oddvar Hland | Chief Compendia | Profile | |
| TorStle Hansen | CISO | Profile | |
| Arne Mjs | Founder CEO | Profile | |
| Anine Ragnif | Chief Norway | Profile |