Aeroporto Guglielmo Correlations
| 169 Stock | EUR 7.52 0.02 0.27% |
The current 90-days correlation between Aeroporto Guglielmo and SBI Insurance Group is 0.14 (i.e., Average diversification). The correlation of Aeroporto Guglielmo 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.
Aeroporto Guglielmo Correlation With Market
Good diversification
The correlation between Aeroporto Guglielmo Marconi and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aeroporto Guglielmo Marconi and DJI in the same portfolio, assuming nothing else is changed.
Aeroporto |
The ability to find closely correlated positions to Aeroporto Guglielmo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aeroporto Guglielmo 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 Aeroporto Guglielmo - 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 Aeroporto Guglielmo Marconi to buy it.
Moving together with Aeroporto Stock
| 0.66 | TX3A | Airports of Thailand | PairCorr |
| 0.67 | NYVQ | Airports of Thailand | PairCorr |
| 0.69 | G9N | Grupo Aeroportuario del | PairCorr |
| 0.67 | G9N1 | Grupo Aeroportuario del | PairCorr |
| 0.67 | WMT | Walmart | PairCorr |
| 0.66 | WMT | Walmart | PairCorr |
| 0.65 | AMZ | Amazon Inc | PairCorr |
| 0.65 | AMZ | Amazon Inc | PairCorr |
| 0.68 | E908 | Lyxor 1 | PairCorr |
| 0.66 | DBPE | Xtrackers LevDAX | PairCorr |
Moving against Aeroporto Stock
Related Correlations Analysis
| 0.7 | 0.56 | -0.22 | -0.75 | 0.05 | HAM | ||
| 0.7 | 0.78 | -0.56 | -0.46 | 0.51 | MQ8 | ||
| 0.56 | 0.78 | -0.57 | -0.53 | 0.53 | US8 | ||
| -0.22 | -0.56 | -0.57 | 0.26 | -0.87 | EEW | ||
| -0.75 | -0.46 | -0.53 | 0.26 | -0.09 | SFN | ||
| 0.05 | 0.51 | 0.53 | -0.87 | -0.09 | YZC | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Aeroporto Stock performing well and Aeroporto Guglielmo 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 Aeroporto Guglielmo'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HAM | 2.30 | 0.05 | 0.00 | 0.31 | 2.99 | 4.71 | 12.23 | |||
| MQ8 | 1.66 | (0.05) | 0.00 | (0.17) | 0.00 | 4.59 | 9.77 | |||
| US8 | 2.35 | (0.29) | 0.00 | 1.12 | 0.00 | 4.91 | 16.42 | |||
| EEW | 1.19 | 0.32 | 0.14 | 3.35 | 1.25 | 2.73 | 8.73 | |||
| SFN | 1.14 | 0.05 | 0.00 | 0.29 | 1.16 | 3.18 | 7.78 | |||
| YZC | 1.51 | (0.29) | 0.00 | (0.58) | 0.00 | 3.06 | 11.33 |
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Aeroporto Guglielmo Corporate Management
Elected by the shareholders, the Aeroporto Guglielmo's board of directors comprises two types of representatives: Aeroporto Guglielmo inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aeroporto. The board's role is to monitor Aeroporto Guglielmo's management team and ensure that shareholders' interests are well served. Aeroporto Guglielmo'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, Aeroporto Guglielmo's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Antonello Bonolis | Director of Aviation Business and Communication Manager | Profile | |
| Anna Benassi | Head of Press Office | Profile | |
| Stefano Gardini | Director of Non-Aviation Business Manager | Profile | |
| Marco Verga | Head of People & Organization Department | Profile | |
| Valerio Veronesi | Non-Executive Director | Profile | |
| Silvia Piccorossi | Director of Legal & Corporate Affairs | Profile | |
| Paolo Sgroppo | Director of Airport Operations Manager | Profile |