XP Chemistries Correlations

XPC Stock   0.18  -0.01  -5.26%   
The current 90-days correlation between XP Chemistries AB and Serstech AB is 0.14 (i.e., Average diversification).The correlation of XP Chemistries is a statistical measure of how it moves in relation to other instruments. The correlation coefficient ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5.

XP Chemistries vs Market Correlation

Good diversification

Across the chosen horizon, XPC and DJI show a correlation of -0.02 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 analysis helps compare XP Chemistries with similar exposures for allocation context. Some jurisdictions apply wash sale rules to substantially identical replacements; this is provided as general context.

Moving against XPC Stock

  0.46SENS Sensys Traffic ABPairCorr
  0.35SOLNA Solnaberg PropertyPairCorr

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

AXIC-ASERT
ORGCSERT
SERTPCAT
KAKELAERO
ORGCAXIC-A
ORGCPCAT
  

High negative correlations

AXIC-AKAKEL
SERTAERO
AXIC-AAERO
SERTKAKEL
ORGCKAKEL
AEROPCAT

Risk-Adjusted Indicators

There is a big difference between XPC Stock performing well and XP Chemistries 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 XP Chemistries' 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.

Be your own money manager

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

Governance review matters for XP Chemistries 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.
Erik NelssonChief OfficerProfile
Shuangzheng LinChief OfficerProfile
Patrik FagerholmChief OfficerProfile
Anna SvantesDirector DeveloperProfile