Correlation Between FormPipe Software and Net Insight
How much single-name risk can be diversified by combining FormPipe Software AB and Net Insight AB? Correlation context here helps quantify the diversifiable risk between FormPipe Software AB and Net Insight AB.
Evaluate how FormPipe Software AB and Net Insight AB react to market stress to decide if the pair supports your risk target. You can also test a long FormPipe Software and short Net Insight structure to evaluate relative-value behavior. Review volatility patterns in FormPipe Software and Net Insight. Go to your portfolio center
Diversification Opportunities for FormPipe Software and Net Insight
0.88 | Correlation Coefficient |
Very poor diversification
The 3 months correlation between FormPipe and Net is 0.88. Overlapping area represents the amount of risk that can be diversified away by holding FormPipe Software AB and Net Insight AB in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Net Insight AB and FormPipe Software is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on FormPipe Software AB are associated (or correlated) with Net Insight. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Net Insight AB has no effect on the direction of FormPipe Software i.e., FormPipe Software and Net Insight go up and down completely randomly.
Pair Corralation between FormPipe Software and Net Insight
Assuming the 90-day trading horizon FormPipe Software AB is expected to generate 0.4 times more return on investment than Net Insight. However, FormPipe Software AB is 2.52 times less risky than Net Insight. It trades about -0.1 of its potential returns per unit of risk. Net Insight AB is currently generating about -0.09 per unit of risk. If you had invested kr 2,670 in FormPipe Software AB on December 15, 2025 and sold it today you would have lost kr 370.00 from holding FormPipe Software AB or given up 13.86% of portfolio value over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Strong |
| Accuracy | 100.0% |
| Values | Daily Returns |
FormPipe Software AB vs. Net Insight AB
Performance |
| Timeline |
| FormPipe Software |
Risk-Adjusted Performance
Weak
Weak | Strong |
| Net Insight AB |
Risk-Adjusted Performance
Weak
Weak | Strong |
FormPipe Software and Net Insight Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with FormPipe Software and Net Insight
Two-leg strategies using FormPipe Software and Net Insight matter because the combined position can be designed to be more market-neutral. Used correctly, the structure can help offset losses in one leg when unexpected sector or market pressure hits both names.| FormPipe Software vs. Enea AB | FormPipe Software vs. Micro Systemation AB | FormPipe Software vs. Net Insight AB | FormPipe Software vs. Softronic AB |
| Net Insight vs. Micro Systemation AB | Net Insight vs. Clavister Holding AB | Net Insight vs. Cint Group AB | Net Insight vs. Softronic AB |
Go to your portfolio centerThe information on this page should be treated as a complementary input when building or adjusting a diversified portfolio. The stronger workflow is to validate these signals with other models before acting. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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