Correlation Between Net Insight and FormPipe Software
Return co-movement between Net Insight AB and FormPipe Software AB captures their degree of alignment. The comparison reflects how diversifiable risk is distributed across the pair. The metric is based on previously observed return patterns. This information is provided for contextual purposes.
This module compares Net Insight AB and FormPipe Software AB on return linkage, making pair-trade and hedge decisions easier to frame. The data shows how directional alignment between the two changes over time. Pair behavior can be examined further through a long Net Insight and short FormPipe Software test. Review volatility patterns in Net Insight and FormPipe Software. Go to your portfolio center
Diversification Opportunities for Net Insight and FormPipe Software
0.86 | Correlation Coefficient |
Very poor diversification
The 3 months correlation between Net and FormPipe is 0.86. Overlapping area represents the amount of risk that can be diversified away by holding Net Insight AB and FormPipe Software AB in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on FormPipe Software and Net Insight 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 Net Insight AB are associated (or correlated) with FormPipe Software. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of FormPipe Software has no effect on the direction of Net Insight i.e., Net Insight and FormPipe Software go up and down completely randomly.
Pair Corralation between Net Insight and FormPipe Software
Assuming the 90-day trading horizon Net Insight AB is expected to under-perform the FormPipe Software. In addition to that, Net Insight is 2.44 times more volatile than FormPipe Software AB. It trades about -0.15 of its total potential returns per unit of risk. FormPipe Software AB is currently generating about -0.08 per unit of volatility. If you had invested kr 2,560 in FormPipe Software AB on December 21, 2025 and sold it today you would have lost kr 310.00 from holding FormPipe Software AB or given up 12.11% of portfolio value over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Strong |
| Accuracy | 100.0% |
| Values | Daily Returns |
Net Insight AB vs. FormPipe Software AB
Performance |
| Timeline |
| Net Insight AB |
Risk-Adjusted Performance
Weak
Weak | Strong |
| FormPipe Software |
Risk-Adjusted Performance
Weak
Weak | Strong |
Net Insight and FormPipe Software Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Net Insight and FormPipe Software
A paired position in Net Insight and FormPipe Software is useful when investors want a more relative-value expression than a simple directional trade. The stronger process checks whether the correlation is stable enough to justify the hedge logic before the trade is sized.| Net Insight vs. Micro Systemation AB | Net Insight vs. Clavister Holding AB | Net Insight vs. Cint Group AB | Net Insight vs. Softronic AB |
| FormPipe Software vs. Enea AB | FormPipe Software vs. Micro Systemation AB | FormPipe Software vs. Net Insight AB | FormPipe Software vs. Softronic AB |
Go to your portfolio centerThe analysis presented here should support, not replace, the broader process of selecting and combining portfolio holdings. The practical goal is to improve the mix of assets already under consideration. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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