Christian Berner Correlations
CBTT-B Stock | SEK 31.40 0.10 0.32% |
The correlation of Christian Berner 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Christian Berner moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Christian Berner Tech moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Good diversification
The correlation between Christian Berner Tech and NYA is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Christian Berner Tech and NYA in the same portfolio, assuming nothing else is changed.
Christian |
The ability to find closely correlated positions to Christian Berner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Christian Berner 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 Christian Berner - 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 Christian Berner Tech to buy it.
Moving against Christian Stock
Related Correlations Analysis
0.55 | 0.11 | 0.78 | 0.77 | SKF-B | ||
0.55 | 0.38 | 0.16 | 0.79 | TEL2-B | ||
0.11 | 0.38 | 0.1 | 0.42 | ELUX-B | ||
0.78 | 0.16 | 0.1 | 0.49 | SAND | ||
0.77 | 0.79 | 0.42 | 0.49 | ALFA | ||
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Risk-Adjusted Indicators
There is a big difference between Christian Stock performing well and Christian Berner 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 Christian Berner'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
SKF-B | 1.08 | 0.26 | 0.19 | 1.48 | 0.95 | 2.92 | 6.78 | |||
TEL2-B | 1.12 | 0.26 | 0.20 | 1.29 | 0.82 | 2.90 | 8.53 | |||
ELUX-B | 1.80 | (0.08) | 0.00 | 0.18 | 0.00 | 3.23 | 8.69 | |||
SAND | 0.90 | 0.06 | 0.00 | (0.16) | 1.40 | 1.91 | 6.59 | |||
ALFA | 1.03 | 0.38 | 0.26 | (1.36) | 0.96 | 2.24 | 8.35 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Christian Berner 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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Christian Berner Corporate Management
Elected by the shareholders, the Christian Berner's board of directors comprises two types of representatives: Christian Berner inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Christian. The board's role is to monitor Christian Berner's management team and ensure that shareholders' interests are well served. Christian Berner'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, Christian Berner's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ann Svensson | Marketing Mang | Profile | |
Sara Johansson | HR HR | Profile | |
Caroline Reuterskiold | Chief Officer | Profile | |
Henrik Westerholm | Chief Oy | Profile | |
Hans Lindqvist | CEO Director | Profile | |
Fredrik Berndtson | Chief Officer | Profile | |
Marcus Wigren | Chief AB | Profile |
Already Invested in Christian Berner Tech?
The danger of trading Christian Berner Tech is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Christian Berner is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Christian Berner. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Christian Berner Tech is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Christian Berner Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Christian Stock analysis
When running Christian Berner's price analysis, check to measure Christian Berner's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Christian Berner is operating at the current time. Most of Christian Berner's value examination focuses on studying past and present price action to predict the probability of Christian Berner's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Christian Berner's price. Additionally, you may evaluate how the addition of Christian Berner to your portfolios can decrease your overall portfolio volatility.
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