Focus Home Correlations
| 0HF Stock | EUR 12.02 0.52 4.15% |
The current 90-days correlation between Focus Home Interactive and EuropaCorp is 0.03 (i.e., Significant diversification). The correlation of Focus Home 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.
Focus Home Correlation With Market
Pay attention - limited upside
The correlation between Focus Home Interactive and DJI is -0.79 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Focus Home Interactive and DJI in the same portfolio, assuming nothing else is changed.
Focus |
The ability to find closely correlated positions to Focus Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Focus Home 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 Focus Home - 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 Focus Home Interactive to buy it.
Moving against Focus Stock
| 0.86 | JUN3 | Jungheinrich AG ONVZO | PairCorr |
| 0.84 | H3M | Hochschild Mining plc | PairCorr |
| 0.82 | GZF | Engie SA | PairCorr |
| 0.82 | 943 | FREY EO 250 | PairCorr |
| 0.81 | UEO | Westlake Chemical | PairCorr |
| 0.8 | NEF | NESTE OIL | PairCorr |
| 0.79 | WWR | Woolworths Group | PairCorr |
| 0.77 | SSU | Samsung Electronics | PairCorr |
| 0.77 | 4OQ1 | AGNC Investment Corp | PairCorr |
| 0.76 | SSU | Samsung Electronics | PairCorr |
| 0.75 | SSUN | Samsung Electronics | PairCorr |
| 0.74 | SSUN | Samsung Electronics | PairCorr |
| 0.74 | 2X0 | Corteva | PairCorr |
| 0.68 | HHX | HAMMONIA Schiffsholding | PairCorr |
| 0.66 | MUM | Mensch und Maschine | PairCorr |
| 0.65 | MUM | Mensch und Maschine | PairCorr |
| 0.57 | UUEC | United Utilities | PairCorr |
| 0.55 | ARW | Arrow Electronics | PairCorr |
| 0.51 | WAC | Wacker Neuson SE | PairCorr |
| 0.44 | AM8 | AMAG Austria Metall | PairCorr |
| 0.43 | ASJA | PT Astra International | PairCorr |
| 0.89 | XSI | Sanyo Chemical Industries | PairCorr |
| 0.85 | 4HF | Hoist Finance AB Earnings Call Today | PairCorr |
| 0.8 | 5P8 | Blue Foundry Bancorp Earnings Call This Week | PairCorr |
| 0.78 | 8SF | SLIGRO FOOD GROUP | PairCorr |
| 0.77 | 6HS | Horseshoe Metals | PairCorr |
| 0.75 | 2MF | MOBILE FACTORY INC | PairCorr |
| 0.75 | WDC | WESTERN DIGITAL | PairCorr |
| 0.7 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.63 | LUS1 | Lang Schwarz Aktieng | PairCorr |
| 0.61 | E908 | Lyxor 1 | PairCorr |
| 0.6 | GJ9 | SLC Agricola SA Split | PairCorr |
| 0.6 | CU3 | Cohu Inc Earnings Call This Week | PairCorr |
| 0.59 | ENI | Eni SpA | PairCorr |
| 0.58 | GCB | PTT Global Chemical | PairCorr |
Related Correlations Analysis
| 0.26 | -0.71 | 0.86 | 0.94 | 0.23 | NSE | ||
| 0.26 | -0.18 | 0.34 | 0.19 | -0.01 | AZ6 | ||
| -0.71 | -0.18 | -0.74 | -0.69 | -0.46 | PP1 | ||
| 0.86 | 0.34 | -0.74 | 0.86 | 0.13 | 7PI | ||
| 0.94 | 0.19 | -0.69 | 0.86 | 0.18 | 7RY | ||
| 0.23 | -0.01 | -0.46 | 0.13 | 0.18 | QB3 | ||
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Focus Stock performing well and Focus Home 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 Focus Home'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NSE | 1.84 | 0.35 | 0.13 | (0.91) | 2.03 | 4.07 | 10.48 | |||
| AZ6 | 3.48 | 0.21 | 0.03 | (0.32) | 3.99 | 8.33 | 28.06 | |||
| PP1 | 1.76 | (0.60) | 0.00 | (2.26) | 0.00 | 2.78 | 12.06 | |||
| 7PI | 0.73 | 0.19 | 0.16 | (2.76) | 0.70 | 1.81 | 3.92 | |||
| 7RY | 2.16 | 0.52 | 0.18 | 0.80 | 2.22 | 5.13 | 11.94 | |||
| QB3 | 1.12 | 0.20 | 0.12 | (2.62) | 0.94 | 2.67 | 7.66 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Focus Home 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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Focus Home Corporate Management
Elected by the shareholders, the Focus Home's board of directors comprises two types of representatives: Focus Home inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Focus. The board's role is to monitor Focus Home's management team and ensure that shareholders' interests are well served. Focus Home'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, Focus Home's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cedric Lagarrigue | Chairman of the Management Board | Profile | |
| Luc Hninger | Member Officer | Profile | |
| Laure DHauteville | Group Officer | Profile | |
| Marion Dufour | Chief Officer | Profile | |
| Christian Tellier | Member of the Supervisory Board | Profile | |
| Jurgen Goeldner | Chairman of the Management Board | Profile | |
| Cyrille Imbert | MD DOTEMU | Profile |