Vienna Insurance Correlations

Stocks . UK . 
Stock . Vienna Insurance Group
0MZX Stock   63.60  1.15  1.84%   
The current 90-days correlation between Vienna Insurance and Malvern International is 0.05 (i.e., Significant diversification). The correlation of Vienna 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Vienna Insurance Correlation With Market

Poor diversification

The correlation between Vienna Insurance Group and DJI is 0.79 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vienna Insurance Group and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Vienna 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 Vienna 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 Vienna 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 Vienna Insurance Group to buy it.

Moving together with Vienna Stock

  0.75SMSD Samsung ElectronicsPairCorr
  0.71SMSN Samsung ElectronicsPairCorr
  0.72BC94 Samsung ElectronicsPairCorr
  0.78TYT Toyota Motor CorpPairCorr
  0.75LGLD LG ELECTRONICS INCPairCorr
  0.650J4G Helmerich PaynePairCorr
  0.7FGEN Foresight EnvironmentalPairCorr
  0.810RQ9 Lundin Mining Corp Earnings Call This WeekPairCorr
  0.760W1Q MPH Health CarePairCorr
  0.86SLP Sylvania PlatinumPairCorr
  0.630KDH Ormat TechnologiesPairCorr
  0.760Q7L AMAG Austria MetallPairCorr
  0.73PLUS Plus500 Earnings Call TodayPairCorr
  0.62PRTC PureTech Health plcPairCorr
  0.850J71 JB Hunt TransportPairCorr
  0.91AURR Aurrigo International PLCPairCorr
  0.680LY1 WisdomTree InvestmentsPairCorr
  0.68CRH CRH PLC Earnings Call TomorrowPairCorr
  0.720R0U Coeur Mining Earnings Call TomorrowPairCorr
  0.640MPL SGL Carbon SEPairCorr
  0.860HDK Systemair ABPairCorr
  0.690OIY Caltagirone SpA OrdPairCorr
  0.720QZ2 Silvercorp MetalsPairCorr
  0.81EDV Endeavour Mining CorpPairCorr
  0.8CAML Central Asia MetalsPairCorr

Moving against Vienna Stock

  0.50R15 SoftBank Group CorpPairCorr

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

CHLL
+ 0.88
QBT
QBT
+ 0.8
HAYD
CHLL
+ 0.68
HAYD
MLVN
+ 0.66
QBT
MLVN
+ 0.6
CHLL
MLVN
+ 0.46
HAYD
  

High negative correlations

VRS
- 0.06
HAYD

Risk-Adjusted Indicators

There is a big difference between Vienna Stock performing well and Vienna 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 Vienna 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 Vienna 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.

Did you try this?

Run Price Transformation Now

   

Price Transformation

Use Price Transformation models to analyze the depth of different equity instruments across global markets
All  Next Launch Module

Vienna Insurance Corporate Management

Elected by the shareholders, the Vienna Insurance's board of directors comprises two types of representatives: Vienna Insurance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vienna. The board's role is to monitor Vienna Insurance's management team and ensure that shareholders' interests are well served. Vienna 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, Vienna Insurance's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jasmin SchwarzHead ComplianceProfile
Gerald WeberChief ManagementProfile
Karin Kafesieinternal CommunicationProfile
Stephan KlingerHead DepartmentProfile
Peter HofingerMember BoardProfile
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY