Instabank ASA Correlations
| INSTA Stock | NOK 2.26 0.03 1.35% |
The current 90-days correlation between Instabank ASA and Kraft Bank Asa is -0.06 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Instabank ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Instabank ASA moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Instabank ASA Correlation With Market
Very good diversification
The correlation between Instabank ASA and DJI is -0.28 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Instabank ASA and DJI in the same portfolio, assuming nothing else is changed.
Instabank |
The ability to find closely correlated positions to Instabank ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Instabank ASA 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 Instabank ASA - 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 Instabank ASA to buy it.
Moving together with Instabank Stock
| 0.76 | MING | Sparebank 1 SMN | PairCorr |
| 0.63 | GRONG | Grong Sparebank | PairCorr |
| 0.72 | OTEC | Otello ASA | PairCorr |
| 0.75 | MELG | Melhus Sparebank | PairCorr |
| 0.83 | ROMER | Romerike Sparebank | PairCorr |
| 0.79 | SPOL | SpareBank 1 stlandet | PairCorr |
| 0.79 | MOBA | Morrow Bank ASA Earnings Call Shortly | PairCorr |
| 0.65 | ROMSB | Romsdal Sparebank | PairCorr |
Moving against Instabank Stock
| 0.69 | ELK | Elkem ASA Earnings Call Shortly | PairCorr |
| 0.59 | NHY | Norsk Hydro ASA Earnings Call Shortly | PairCorr |
| 0.41 | AKH | Aker Horizons AS | PairCorr |
| 0.48 | CAMBI | Cambi ASA Earnings Call Shortly | PairCorr |
Related Correlations Analysis
| 0.49 | 0.22 | 0.38 | 0.16 | 0.02 | KRAB | ||
| 0.49 | -0.02 | -0.03 | 0.5 | -0.23 | JAREN | ||
| 0.22 | -0.02 | 0.73 | -0.26 | 0.76 | OTL | ||
| 0.38 | -0.03 | 0.73 | -0.37 | 0.62 | NOD | ||
| 0.16 | 0.5 | -0.26 | -0.37 | -0.52 | GRONG | ||
| 0.02 | -0.23 | 0.76 | 0.62 | -0.52 | BWO | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Instabank Stock performing well and Instabank ASA 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 Instabank ASA'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KRAB | 1.38 | 0.16 | 0.10 | 0.71 | 1.65 | 4.61 | 9.77 | |||
| JAREN | 0.67 | 0.06 | 0.17 | (0.47) | 0.81 | 1.40 | 6.94 | |||
| OTL | 1.94 | (0.07) | 0.00 | (1.30) | 0.00 | 3.70 | 15.66 | |||
| NOD | 2.54 | (0.01) | 0.00 | (0.30) | 0.00 | 4.03 | 29.01 | |||
| GRONG | 0.64 | 0.09 | 0.15 | (33.22) | 1.01 | 1.59 | 7.84 | |||
| BWO | 1.33 | (0.02) | 0.00 | (0.47) | 0.00 | 3.05 | 10.57 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Instabank ASA 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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Instabank ASA Corporate Management
Elected by the shareholders, the Instabank ASA's board of directors comprises two types of representatives: Instabank ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Instabank. The board's role is to monitor Instabank ASA's management team and ensure that shareholders' interests are well served. Instabank ASA'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, Instabank ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kjetil Knudsen | Chief Officer | Profile | |
| Jrgen Rui | Chief Officer | Profile | |
| Robert Berg | Chief Officer | Profile | |
| Anne Jorgensen | Chief Officer | Profile | |
| Eivind Sverdrup | CCO | Profile | |
| Farzad Jalily | Chief Director | Profile | |
| Per Haug | Chief Officer | Profile |