FirstCaution Correlations

MLFIR Stock

EUR 22.00 0.00 0.00%

Understanding FirstCaution's pairwise correlations with sector peers is a useful first step in identifying truly differentiated exposure within an investment portfolio.

Correlation With Market Overview: FirstCaution

Good diversification

Across the chosen horizon, MLFIR and DJI show a correlation of -0.16 and fall into the 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 FirstCaution with related instruments. Some jurisdictions apply wash sale rules to substantially identical replacements; this is provided as general context.

Moving together with FirstCaution Stock

0.62

ALBOO

Boostheat Split

Pair Corr

Moving against FirstCaution Stock

0.91	ENGI	Engie SA	Pair Corr
0.86	MLNMA	Nicolas Miguet et	Pair Corr
0.84	ALCOX	NicOx SA	Pair Corr
0.82	GNFT	Genfit SA	Pair Corr
0.82	ALGIR	Signaux Girod	Pair Corr
0.81	AMUN	Amundi SA	Pair Corr
0.8	ALSTI	STIF Socit anonyme	Pair Corr
0.8	ALEMG	Euromedis Groupe	Pair Corr
0.79	ML	Compagnie Generale des	Pair Corr
0.71	DEC	JC Decaux SA	Pair Corr

Related Correlations Analysis

	CMO	CRAV	CAT31	CRLA	BSD	CCN	ALMEX	ALBON	CRSU	CIV
CMO		0.6	0.62	0.6	0.68	0.64	-0.34	0.59	0.68	0.72	CMO
CRAV	0.6		0.63	0.8	0.7	0.66	-0.45	0.74	0.63	0.81	CRAV
CAT31	0.62	0.63		0.5	0.75	0.67	-0.28	0.46	0.53	0.75	CAT31
CRLA	0.6	0.8	0.5		0.59	0.6	-0.45	0.7	0.63	0.73	CRLA
BSD	0.68	0.7	0.75	0.59		0.84	-0.48	0.69	0.74	0.76	BSD
CCN	0.64	0.66	0.67	0.6	0.84		-0.74	0.57	0.71	0.68	CCN
ALMEX	-0.34	-0.45	-0.28	-0.45	-0.48	-0.74		-0.23	-0.48	-0.3	ALMEX
ALBON	0.59	0.74	0.46	0.7	0.69	0.57	-0.23		0.56	0.82	ALBON
CRSU	0.68	0.63	0.53	0.63	0.74	0.71	-0.48	0.56		0.61	CRSU
CIV	0.72	0.81	0.75	0.73	0.76	0.68	-0.3	0.82	0.61		CIV
	CMO	CRAV	CAT31	CRLA	BSD	CCN	ALMEX	ALBON	CRSU	CIV

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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

CCN	+ 0.84	BSD
CIV	+ 0.82	ALBON
CIV	+ 0.81	CRAV
CRLA	+ 0.8	CRAV
CIV	+ 0.76	BSD
BSD	+ 0.75	CAT31

High negative correlations

ALMEX	- 0.74	CCN
CRSU	- 0.48	ALMEX
ALMEX	- 0.48	BSD
ALMEX	- 0.45	CRLA
ALMEX	- 0.45	CRAV
ALMEX	- 0.34	CMO

Risk-Adjusted Indicators

There is a big difference between FirstCaution Stock performing well and FirstCaution 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 FirstCaution'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
CMO	2.16	0.11	0.05	0.16	2.61	-2.20	4.21	-4.06	16.17
CRAV	1.30	0.18	0.12	12.28	1.45	-1.47	3.52	-2.48	12.22
CAT31	1.46	-0.03	0.00	0.54	0.00	0.00	3.37	-3.28	9.03
CRLA	1.11	0.05	0.07	-0.24	1.32	-1.14	3.70	-1.86	7.84
BSD	1.19	0.14	0.14	-1.57	1.11	-1.66	2.64	-1.89	12.90
CCN	1.38	0.31	0.23	5.73	1.25	-1.64	3.58	-2.33	8.58
ALMEX	3.49	-1.21	0.00	-3.03	0.00	0.00	7.95	-9.68	21.57
ALBON	0.81	0.01	0.00	-0.03	0.00	0.00	2.04	-1.47	9.57
CRSU	1.08	0.06	0.08	-0.23	1.23	-1.35	2.80	-2.76	11.04
CIV	1.42	0.08	0.06	0.08	1.48	-1.67	2.72	-2.38	9.27

Be your own money manager

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

Governance review matters for FirstCaution 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.

Hamza Ghanimi	Chief Officer	Profile
David Miller	Chief Officer	Profile
Celine GallaisFrey	Chief Officer	Profile
Cornelia Hannig	Chief Officer	Profile

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