TRANSAT AT Correlations
| 1TJ Stock | EUR 1.26 0.01 0.79% |
The current 90-days correlation between TRANSAT AT VAR and Playa Hotels Resorts is -0.08 (i.e., Good diversification). The correlation of TRANSAT AT 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.
TRANSAT AT Correlation With Market
Average diversification
The correlation between TRANSAT AT VAR and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TRANSAT AT VAR and DJI in the same portfolio, assuming nothing else is changed.
TRANSAT |
The ability to find closely correlated positions to TRANSAT AT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TRANSAT AT 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 TRANSAT AT - 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 TRANSAT AT VAR to buy it.
Moving against TRANSAT Stock
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between TRANSAT Stock performing well and TRANSAT AT 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 TRANSAT AT'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NEB | 3.27 | (0.31) | 0.00 | (0.25) | 0.00 | 5.55 | 26.33 | |||
| PL0 | 1.57 | 0.47 | 0.24 | 0.78 | 1.23 | 3.65 | 15.83 | |||
| BJI | 2.24 | 0.35 | 0.05 | 0.59 | 2.39 | 6.25 | 21.11 | |||
| PUP0 | 0.80 | (0.07) | (0.09) | 0.01 | 0.88 | 1.84 | 5.42 | |||
| AC8 | 0.80 | 0.30 | 0.15 | 1.27 | 0.60 | 2.07 | 5.72 | |||
| 06S | 3.97 | (0.03) | 0.00 | 0.09 | 4.20 | 10.09 | 24.33 | |||
| 85S | 1.36 | (0.24) | 0.00 | (0.11) | 0.00 | 2.50 | 19.59 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in TRANSAT AT 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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TRANSAT AT Corporate Management
Elected by the shareholders, the TRANSAT AT's board of directors comprises two types of representatives: TRANSAT AT inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TRANSAT. The board's role is to monitor TRANSAT AT's management team and ensure that shareholders' interests are well served. TRANSAT AT'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, TRANSAT AT's outside directors are responsible for providing unbiased perspectives on the board's policies.
| JeanFrancois Lemay | President and General Manager of Air Transat A.T. Inc. | Profile | |
| Lucie Chabot | Independent Director | Profile | |
| JeanYves Leblanc | Lead Independent Director | Profile | |
| Daniel Godbout | Senior Vice President - Transport and Yield Management of Transat | Profile | |
| Joseph Adamo | President and General Manager of Transat Distribution Canada Inc. | Profile |