Zurich Insurance Correlations

Stocks . Germany . 
Stock . Zurich Insurance Group
ZFI1 Stock  EUR 31.40  0.40  1.26%   
The current 90-days correlation between Zurich Insurance and Harmony Gold Mining is -0.07 (i.e., Good diversification). The correlation of Zurich Insurance 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.

Zurich Insurance Correlation With Market

Average diversification

The correlation between Zurich Insurance Group and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Zurich Insurance Group and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Zurich Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zurich Insurance 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 Zurich Insurance - 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 Zurich Insurance Group to buy it.

Moving together with Zurich Stock

  0.81BRYN Berkshire HathawayPairCorr
  0.85BRH Berkshire HathawayPairCorr
  0.83AINN American InternationalPairCorr
  0.81ASG Assicurazioni GeneraliPairCorr
  0.66HFF The Hartford FinancialPairCorr
  0.73GQ9 SPDR Gold SharesPairCorr
  0.7CWF OneApex LimitedPairCorr
  0.724JP Japan Post InsurancePairCorr
  0.93CA Plejd ABPairCorr
  0.84O4B OVB Holding AGPairCorr
  0.63KGHA KGHM Polska MiedzPairCorr
  0.74KMY Kimberly ClarkPairCorr
  0.8JAN Japan Asia InvestmentPairCorr
  0.79YAJ MINING PROJECTS GRPPairCorr
  0.89XCA CREDIT AGRICOLEPairCorr
  0.89FJG ELECTRIC POWER DEVLPairCorr
  0.89QJQ ISS A/S Earnings Call This WeekPairCorr
  0.61SNQB Sanoma OyjPairCorr
  0.67NTG Nabaltec AGPairCorr
  0.81NNN1 Tencent HoldingsPairCorr
  0.83918 ShotSpotterPairCorr
  0.69SIA1 SINGAPORE AIRLINESPairCorr
  0.7839M MoneysupermarketPairCorr
  0.6471BB BILIBILI INC DLPairCorr
  0.85APM ad pepper mediaPairCorr

Moving against Zurich Stock

  0.84HX1A PT Hexindo AdiperkasaPairCorr
  0.73LIE Sun Life FinancialPairCorr
  0.49RSK Arch Capital GroupPairCorr
  0.34LK4B LIPPO KARAWACIPairCorr
  0.62B4X Bangkok Expressway andPairCorr
  0.57P4G NIMY RESOURCESPairCorr
  0.52IUB IMPACT MINPairCorr

Related Correlations Analysis

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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   
DGD
+ 0.66
MQ8
DGD
+ 0.65
HAM
HAM
+ 0.55
5PMA
DGD
+ 0.49
M0G
M0G
+ 0.48
5PMA
HAM
+ 0.43
M0G
  
High negative correlations   
PCHP
- 0.7
HAM
PCHP
- 0.59
5PMA
EA1
- 0.53
HAM
DGD
- 0.37
YZC
PCHP
- 0.33
M0G
PCHP
- 0.3
DGD

Risk-Adjusted Indicators

There is a big difference between Zurich Stock performing well and Zurich Insurance 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 Zurich Insurance'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 Zurich Insurance 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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Zurich Insurance Corporate Management

Elected by the shareholders, the Zurich Insurance's board of directors comprises two types of representatives: Zurich Insurance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Zurich. The board's role is to monitor Zurich Insurance's management team and ensure that shareholders' interests are well served. Zurich Insurance'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, Zurich Insurance's outside directors are responsible for providing unbiased perspectives on the board's policies.
MBA BSCEO CommitteeProfile
Sierra SignorelliCEO CommitteeProfile
George QuinnGroup CommitteeProfile
Mario GrecoGroup CommitteeProfile
Ericson ChanGroup CommitteeProfile
Kristof TerrynCEO CommitteeProfile
Jeffrey DaileyInc GroupProfile
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