Iwatani Correlations
| IWA Stock | EUR 10.57 0.16 1.49% |
The current 90-days correlation between Iwatani and Quaker Chemical is 0.23 (i.e., Modest diversification). The correlation of Iwatani 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Iwatani Correlation With Market
Poor diversification
The correlation between Iwatani and DJI is 0.67 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Iwatani and DJI in the same portfolio, assuming nothing else is changed.
Iwatani |
The ability to find closely correlated positions to Iwatani could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Iwatani 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 Iwatani - 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 Iwatani to buy it.
Moving together with Iwatani Stock
| 0.71 | L3X | Centrais Elétricas Earnings Call This Week | PairCorr |
| 0.8 | TGE1 | MOBILEZONE N | PairCorr |
| 0.85 | HKT | HK Electric Investments | PairCorr |
| 0.74 | LOR | LOral SA | PairCorr |
| 0.84 | SJ3 | Sherwin Williams | PairCorr |
| 0.87 | CPA | Colgate Palmolive | PairCorr |
| 0.77 | FV6 | EMMI N Earnings Call This Week | PairCorr |
| 0.61 | 6VD | BD MULTI MEDIA Split | PairCorr |
| 0.63 | DG1 | DAWSON GEOPHYSICAL | PairCorr |
| 0.83 | BSI | BE Semiconductor Ind | PairCorr |
| 0.81 | ST2 | Sturm Ruger | PairCorr |
| 0.88 | TQI | TELECOM ITALIA | PairCorr |
| 0.92 | CWT | Curtiss Wright | PairCorr |
| 0.83 | 43C | CACTUS INC CLA Earnings Call This Week | PairCorr |
| 0.71 | FPP0 | ALTYNGOLD PLC LS | PairCorr |
| 0.67 | 1KT | Keysight Technologies Earnings Call This Week | PairCorr |
Moving against Iwatani Stock
| 0.57 | APC | Apple Inc | PairCorr |
| 0.57 | APC | Apple Inc | PairCorr |
| 0.53 | APC8 | APPLE INC CDR | PairCorr |
| 0.66 | DBPD | Xtrackers ShortDAX | PairCorr |
Related Correlations Analysis
| 0.79 | 0.46 | 0.87 | 0.8 | 0.91 | 0.66 | QUC | ||
| 0.79 | 0.58 | 0.67 | 0.71 | 0.84 | 0.55 | AP3 | ||
| 0.46 | 0.58 | 0.38 | 0.65 | 0.52 | 0.23 | H1Q | ||
| 0.87 | 0.67 | 0.38 | 0.77 | 0.85 | 0.7 | SEH | ||
| 0.8 | 0.71 | 0.65 | 0.77 | 0.83 | 0.48 | 22E | ||
| 0.91 | 0.84 | 0.52 | 0.85 | 0.83 | 0.69 | CS2 | ||
| 0.66 | 0.55 | 0.23 | 0.7 | 0.48 | 0.69 | BUI | ||
Risk-Adjusted Indicators
There is a big difference between Iwatani Stock performing well and Iwatani 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 Iwatani'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| QUC | 1.91 | 0.31 | 0.14 | 0.39 | 1.75 | 4.09 | 13.03 | |||
| AP3 | 1.08 | 0.10 | 0.01 | 0.98 | 1.79 | 2.89 | 10.90 | |||
| H1Q | 3.07 | 0.01 | 0.00 | 0.08 | 3.61 | 7.69 | 21.88 | |||
| SEH | 1.89 | 0.30 | 0.10 | 0.82 | 2.28 | 4.51 | 12.77 | |||
| 22E | 2.69 | 0.33 | 0.09 | 0.44 | 3.07 | 5.45 | 28.70 | |||
| CS2 | 1.50 | 0.33 | 0.13 | (0.91) | 1.35 | 3.81 | 11.15 | |||
| BUI | 2.02 | 0.26 | 0.03 | (0.16) | 3.11 | 4.76 | 20.63 |
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Our tools can tell you how much better you can do entering a position in Iwatani 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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Iwatani Corporate Management
Elected by the shareholders, the Iwatani's board of directors comprises two types of representatives: Iwatani inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Iwatani. The board's role is to monitor Iwatani's management team and ensure that shareholders' interests are well served. Iwatani'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, Iwatani's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kenji Motoori | Senior Officer | Profile | |
| Itaru Ookawa | Managing Director | Profile | |
| Takashi Kamekura | Managing Officer | Profile | |
| Yasuhisa Ueda | Managing Officer | Profile | |
| Yasushi Sakai | Managing Officer | Profile | |
| Hiroshi Fukushima | GM Officer | Profile | |
| Yasushi Onuki | Managing Officer | Profile |