Villars Holding Correlations

VILN Stock  CHF 600.00  25.00  4.35%   
The current 90-days correlation between Villars Holding SA and SoftwareONE Holding AG is -0.21 (i.e., Very good diversification). The correlation of Villars Holding 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.
  
The ability to find closely correlated positions to Villars Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Villars Holding 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 Villars Holding - 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 Villars Holding SA to buy it.

Moving against Villars Stock

  0.56SGKN St Galler KantonalbankPairCorr
  0.55BVZN BVZ Holding AGPairCorr
  0.55RSPF RealstonePairCorr
  0.51VAHN Vaudoise AssurancesPairCorr
  0.51VATN Valiant Holding AGPairCorr
  0.51BEKN Berner KantonalbankPairCorr
  0.49RO Roche Holding AGPairCorr
  0.48CFR Compagnie FinancirePairCorr
  0.47BCVN Banque CantonalePairCorr
  0.46SDZ Sandoz Group AGPairCorr
  0.44CMBN Cembra Money BankPairCorr
  0.42ALLN Allreal HoldingPairCorr
  0.41BSKP Basler KantonalbankPairCorr
  0.35HBMN HBM Healthcare InvesPairCorr
  0.33ISN Intershop HoldingPairCorr
  0.32HELN Helvetia HoldingPairCorr
  0.32SLHN Swiss Life HoldingPairCorr
  0.32ALPN Alpine Select AGPairCorr
  0.6WKBN Banque CantonalePairCorr
  0.56JFN Jungfraubahn HoldingPairCorr
  0.54NWRN Newron PharmaceuticalsPairCorr
  0.51ELMN Elma Electronic AGPairCorr
  0.49SWON SoftwareONE HoldingPairCorr
  0.48VACN VAT Group AGPairCorr
  0.47DESN Dottikon Es HoldingPairCorr
  0.43HIAG HIAG Immobilien HoldingPairCorr
  0.42MOLN Molecular PartnersPairCorr
  0.41MOBN Mobimo HldgPairCorr
  0.4GRKP Graubuendner KantonalbankPairCorr
  0.35ZUGER Zuger KantonalbankPairCorr
  0.35HUBN Hubersuhner AGPairCorr

Related Correlations Analysis


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

BEKNBION
HBMNBION
BEKNHBMN
HBMNSNBN
TKBPVPBN
BIONSWON
  

High negative correlations

HBMNVPBN
SNBNVPBN
VPBNBION
BEKNVPBN
HBMNTKBP
TKBPBION

Risk-Adjusted Indicators

There is a big difference between Villars Stock performing well and Villars Holding 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 Villars Holding'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Villars Holding 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.

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Villars Holding Corporate Management

Elected by the shareholders, the Villars Holding's board of directors comprises two types of representatives: Villars Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Villars. The board's role is to monitor Villars Holding's management team and ensure that shareholders' interests are well served. Villars Holding'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, Villars Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.