Multiconsult Correlations

MULTI Stock

NOK 155.50 -3.00 -1.89%

The current 90-days correlation between Multiconsult AS and Klaveness Combination Carriers is 0.07 (i.e., Significant diversification).The rolling correlation of Multiconsult with major benchmarks helps investors assess how its diversification benefit changes during periods of stress versus calm markets.

Market Correlation Summary - Multiconsult

Significant diversification

Across the chosen horizon, MULTI and DJI show a correlation of 0.09 and fall into the Significant 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 Multiconsult with related instruments. Wash sale rules may restrict substantially identical replacements in some jurisdictions; this view is informational only.

Moving together with Multiconsult Stock

0.76

BAKKA

Pf Bakkafrost

Pair Corr

Moving against Multiconsult Stock

0.88	AKSO	Aker Solutions ASA	Pair Corr
0.88	PPG	Pioneer Property	Pair Corr
0.87	VEI	Veidekke ASA	Pair Corr
0.87	WAWI	Wallenius Wilhelmsen	Pair Corr
0.85	WWI	Wilh Wilhelmsen Holding	Pair Corr
0.82	HAUTO	Hoegh Autoliners ASA	Pair Corr
0.81	KOG	Kongsberg Gruppen ASA	Pair Corr
0.81	EQNR	Equinor ASA	Pair Corr
0.81	BWLPG	BW LPG	Pair Corr
0.8	AKER	Aker ASA	Pair Corr
0.79	SB1NO	SpareBank 1 Sr	Pair Corr
0.79	LUMI	Lumi Gruppen AS	Pair Corr
0.76	YAR	Yara International ASA	Pair Corr
0.73	PRYME	Pryme BV	Pair Corr
0.73	NSKOG	Norske Skog Asa	Pair Corr
0.72	SNOR	Sparebank 1 Nordvest	Pair Corr
0.71	NOHAL	Nordic Halibut AS	Pair Corr
0.7	ZLNA	Zelluna ASA	Pair Corr
0.7	VTURA	Ventura Offshore Holding	Pair Corr
0.58	AIX	Ayfie International	Pair Corr
0.45	BWO	BW Offshore	Pair Corr

Related Correlations Analysis

	KCC	ENDUR	NEL	SNTIA	SOFF	AKVA	2020	CAMBI	ENVIP	HSHP
KCC		0.91	-0.83	0.86	0.79	0.67	-0.44	0.7	-0.87	0.88	KCC
ENDUR	0.91		-0.82	0.92	0.8	0.8	-0.57	0.64	-0.82	0.88	ENDUR
NEL	-0.83	-0.82		-0.78	-0.59	-0.66	0.51	-0.53	0.76	-0.89	NEL
SNTIA	0.86	0.92	-0.78		0.77	0.86	-0.66	0.65	-0.7	0.93	SNTIA
SOFF	0.79	0.8	-0.59	0.77		0.63	-0.29	0.76	-0.7	0.71	SOFF
AKVA	0.67	0.8	-0.66	0.86	0.63		-0.77	0.55	-0.54	0.83	AKVA
2020	-0.44	-0.57	0.51	-0.66	-0.29	-0.77		-0.33	0.38	-0.61	2020
CAMBI	0.7	0.64	-0.53	0.65	0.76	0.55	-0.33		-0.64	0.64	CAMBI
ENVIP	-0.87	-0.82	0.76	-0.7	-0.7	-0.54	0.38	-0.64		-0.74	ENVIP
HSHP	0.88	0.88	-0.89	0.93	0.71	0.83	-0.61	0.64	-0.74		HSHP
	KCC	ENDUR	NEL	SNTIA	SOFF	AKVA	2020	CAMBI	ENVIP	HSHP

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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

HSHP	+ 0.93	SNTIA
SNTIA	+ 0.92	ENDUR
ENDUR	+ 0.91	KCC
HSHP	+ 0.88	KCC
HSHP	+ 0.88	ENDUR
SNTIA	+ 0.86	KCC

High negative correlations

HSHP	- 0.89	NEL
ENVIP	- 0.87	KCC
NEL	- 0.83	KCC
ENVIP	- 0.82	ENDUR
NEL	- 0.82	ENDUR
SNTIA	- 0.78	NEL

Risk-Adjusted Indicators

There is a big difference between Multiconsult Stock performing well and Multiconsult 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 Multiconsult'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
KCC	1.18	0.12	0.09	0.47	1.63	-1.12	2.13	-2.59	8.86
ENDUR	1.33	0.42	0.26	0.61	1.14	-1.51	3.04	-2.22	6.35
NEL	1.55	-0.21	0.00	-2.22	0.00	0.00	4.04	-2.68	9.57
SNTIA	1.05	0.27	0.24	0.51	0.96	-1.19	2.64	-1.99	5.79
SOFF	1.31	0.49	0.34	1.34	1.03	-1.56	3.92	-1.81	8.48
AKVA	1.39	0.24	0.15	-1.36	1.56	-1.92	3.56	-2.43	9.45
2020	1.01	-0.06	0.00	-0.31	0.00	0.00	1.66	-2.44	6.30
CAMBI	2.14	0.16	0.09	-0.37	2.24	-2.76	4.96	-3.67	11.33
ENVIP	2.22	-0.31	0.00	4.58	0.00	0.00	4.88	-4.70	16.22
HSHP	2.00	0.59	0.23	0.70	2.24	-2.29	4.53	-3.12	12.10

Be your own money manager

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

Governance review matters for Multiconsult AS 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.

Kristin Augestad	Ex Oslo	Profile
Geir Juterud	Ex Director	Profile
Kari Nicolaisen	Ex Communications	Profile
Ove Haupberg	Chief Officer	Profile
Morten Alstad	Ex Projects	Profile
Leif Bogen	Ex Norway	Profile
Kirsten Srensen	Ex Architecture	Profile

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