Compagnie Financière Correlations
| RIT1 Stock | EUR 16.90 0.20 1.17% |
The current 90-days correlation between Compagnie Financière and Herms International Socit is 0.2 (i.e., Modest diversification). The correlation of Compagnie Financière is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Compagnie Financière Correlation With Market
Average diversification
The correlation between Compagnie Financire Richemont and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Compagnie Financire Richemont and DJI in the same portfolio, assuming nothing else is changed.
Compagnie |
The ability to find closely correlated positions to Compagnie Financière could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compagnie Financière when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Compagnie Financière - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Compagnie Financire Richemont to buy it.
Moving together with Compagnie Stock
| 0.79 | MOHF | LVMH Mot Hennessy Earnings Call This Week | PairCorr |
| 0.77 | MOH | LVMH Mot Hennessy Earnings Call This Week | PairCorr |
| 0.77 | DIO0 | CHRISTIAN DIOR ADR14EO2 Earnings Call This Week | PairCorr |
| 0.66 | HHX | HAMMONIA Schiffsholding | PairCorr |
| 0.71 | OS3 | Otello ASA | PairCorr |
| 0.66 | KGHA | KGHM Polska Miedz | PairCorr |
| 0.71 | DAP | Danaher | PairCorr |
| 0.68 | COZ | Cognizant Technology | PairCorr |
| 0.7 | 7XH | RANA GRUBER ASA | PairCorr |
| 0.67 | TUI1 | TUI AG | PairCorr |
| 0.69 | STD | Standard Chartered PLC | PairCorr |
| 0.63 | DWD | Morgan Stanley | PairCorr |
| 0.69 | VWSA | Vestas Wind Systems | PairCorr |
| 0.61 | 7XC | CARETRUST REIT DL | PairCorr |
| 0.66 | PRU | Prudential plc | PairCorr |
| 0.65 | ELG | ELMOS SEMICONDUCTOR | PairCorr |
Moving against Compagnie Stock
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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Risk-Adjusted Indicators
There is a big difference between Compagnie Stock performing well and Compagnie Financière 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 Compagnie Financière'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MOH | 1.21 | 0.18 | 0.06 | 1.20 | 1.35 | 2.31 | 11.48 | |||
| MOH | 0.98 | (0.09) | 0.00 | 2.03 | 0.00 | 2.31 | 5.42 | |||
| HMI | 1.22 | 0.09 | (0.02) | (0.20) | 1.30 | 2.70 | 7.20 | |||
| DIO0 | 1.41 | 0.12 | 0.02 | 0.80 | 1.63 | 2.80 | 12.16 | |||
| DIO | 1.15 | (0.01) | 0.00 | 0.13 | 0.00 | 2.15 | 9.72 | |||
| UHRA | 1.55 | 0.09 | 0.01 | 0.64 | 1.66 | 3.37 | 14.55 | |||
| RIT1 | 2.62 | 0.09 | 0.02 | 0.20 | 3.07 | 6.78 | 18.76 | |||
| PPXB | 2.14 | (0.05) | 0.00 | 0.53 | 0.00 | 4.18 | 15.43 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Compagnie Financière without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Compagnie Financière Corporate Management
Elected by the shareholders, the Compagnie Financière's board of directors comprises two types of representatives: Compagnie Financière inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Compagnie. The board's role is to monitor Compagnie Financière's management team and ensure that shareholders' interests are well served. Compagnie Financière's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Compagnie Financière's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Eloy Michotte | Corp Director | Profile | |
| Berangere Ruchat | Chief Officer | Profile | |
| Jerome Lambert | Group Director | Profile | |
| Cdric Bossert | Group Counsel | Profile | |
| Patricia Gandji | Chief Regions | Profile | |
| Johann Rupert | Founder Chairman | Profile | |
| Sophie Cagnard | Head Director | Profile |