Orange SA Correlations
| ORA Stock | EUR 9.76 0.07 0.72% |
The current 90-days correlation between Orange SA and Engie SA is 0.31 (i.e., Weak diversification). The correlation of Orange SA 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.
Orange SA Correlation With Market
Good diversification
The correlation between Orange SA and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Orange SA and DJI in the same portfolio, assuming nothing else is changed.
Orange |
The ability to find closely correlated positions to Orange SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orange SA 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 Orange SA - 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 Orange SA to buy it.
Moving against Orange Stock
| 0.66 | MLWEA | Weaccess Group SA | PairCorr |
| 0.52 | ADOC | Adocia | PairCorr |
| 0.45 | MLIDS | IDS France SAS | PairCorr |
| 0.39 | ALLLN | LleidaNetworks Serveis | PairCorr |
| 0.38 | PUB | Publicis Groupe SA | PairCorr |
| 0.35 | ATO | Atos SE | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Orange Stock performing well and Orange SA 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 Orange SA'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ENGI | 0.59 | (0.02) | 0.00 | 2.21 | 0.00 | 1.17 | 3.72 | |||
| CS | 0.68 | (0.04) | (0.10) | 0.04 | 1.05 | 1.22 | 4.27 | |||
| EN | 0.95 | (0.13) | 0.00 | (0.46) | 0.00 | 1.52 | 6.84 | |||
| ACA | 0.78 | (0.03) | 0.00 | 0.33 | 0.00 | 1.28 | 7.03 | |||
| SAN | 0.78 | (0.10) | 0.00 | (0.20) | 0.00 | 1.50 | 5.53 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Orange SA 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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Orange SA Corporate Management
Elected by the shareholders, the Orange SA's board of directors comprises two types of representatives: Orange SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Orange. The board's role is to monitor Orange SA's management team and ensure that shareholders' interests are well served. Orange SA'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, Orange SA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brigitte Bourgoin | Group Officer | Profile | |
| Christel Heydemann | CEO Director | Profile | |
| Vincent Lecerf | Ex HR | Profile | |
| Ramon Fernandez | Performance Fin | Profile | |
| Patrick Roussel | Ex Sales | Profile | |
| Patrice Diesbach | VP Relations | Profile | |
| MarieNoelle JegoLaveissiere | Chief Region | Profile |