Infrastrutture Wireless Correlations
| WI8 Stock | EUR 9.23 0.02 0.22% |
The current 90-days correlation between Infrastrutture Wireless and METHODE ELECTRONICS is 0.14 (i.e., Average diversification). The correlation of Infrastrutture Wireless 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.
Infrastrutture Wireless Correlation With Market
Good diversification
The correlation between Infrastrutture Wireless Italia and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Infrastrutture Wireless Italia and DJI in the same portfolio, assuming nothing else is changed.
Infrastrutture |
The ability to find closely correlated positions to Infrastrutture Wireless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Infrastrutture Wireless 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 Infrastrutture Wireless - 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 Infrastrutture Wireless Italiane to buy it.
Moving together with Infrastrutture Stock
Moving against Infrastrutture Stock
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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
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Risk-Adjusted Indicators
There is a big difference between Infrastrutture Stock performing well and Infrastrutture Wireless 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 Infrastrutture Wireless' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ME5A | 2.51 | 0.11 | 0.01 | 0.52 | 3.33 | 6.92 | 23.01 | |||
| OIA | 0.02 | 0.00 | 0.00 | 0.55 | 0.00 | 0.00 | 0.76 | |||
| 4BY | 3.61 | 0.09 | 0.00 | (0.27) | 4.11 | 7.46 | 20.99 | |||
| CH5 | 1.01 | 0.19 | 0.07 | (1.00) | 0.87 | 1.94 | 4.64 | |||
| ITB | 0.79 | 0.09 | (0.01) | (0.23) | 0.87 | 1.56 | 4.11 | |||
| ERT | 1.11 | 0.32 | 0.23 | 0.86 | 0.82 | 1.78 | 18.83 | |||
| SGM | 1.61 | (0.05) | 0.00 | (0.45) | 0.00 | 3.82 | 19.82 | |||
| S4M | 1.65 | (0.07) | 0.00 | (0.15) | 0.00 | 4.17 | 12.82 |
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Infrastrutture Wireless Corporate Management
Elected by the shareholders, the Infrastrutture Wireless' board of directors comprises two types of representatives: Infrastrutture Wireless inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Infrastrutture. The board's role is to monitor Infrastrutture Wireless' management team and ensure that shareholders' interests are well served. Infrastrutture Wireless' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Infrastrutture Wireless' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Salvatore Giudice | Secretary to the Board | Profile | |
| Laura Trucco | Head of Audit | Profile | |
| Gabriele Abbagnara | Head Sales | Profile | |
| Elisa Patrizi | Head - Technology and Operations | Profile | |
| Massimo Scapini | Head Technology | Profile | |
| Fabio Ruffini | Head Relations | Profile | |
| Francesco Piccirillo | Head Estate | Profile |