Måsøval AS Correlations
| 9QP Stock | 2.14 0.04 1.90% |
The current 90-days correlation between Måsøval AS and Perusahaan Perseroan PT is 0.05 (i.e., Significant diversification). The correlation of Måsøval AS 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.
Måsøval AS Correlation With Market
Poor diversification
The correlation between Msval AS and DJI is 0.64 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Msval AS and DJI in the same portfolio, assuming nothing else is changed.
Måsøval |
The ability to find closely correlated positions to Måsøval AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Måsøval AS 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 Måsøval AS - 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 Msval AS to buy it.
Moving together with Måsøval Stock
| 0.66 | 4FO | Industrias Penoles Sab | PairCorr |
| 0.63 | CWT | Curtiss Wright | PairCorr |
| 0.66 | PD0 | Pebblebrook Hotel Trust Earnings Call This Week | PairCorr |
| 0.62 | KGHA | KGHM Polska Miedz | PairCorr |
| 0.68 | BSI | BE Semiconductor Ind Earnings Call Today | PairCorr |
| 0.67 | HBC1 | HSBC Holdings plc Earnings Call This Week | PairCorr |
| 0.72 | ST2 | Sturm Ruger | PairCorr |
| 0.62 | ALV | Allianz SE Earnings Call This Week | PairCorr |
| 0.61 | ASME | ASML Holding NV | PairCorr |
Moving against Måsøval Stock
| 0.74 | MBJ | MBIA Inc Earnings Call This Week | PairCorr |
| 0.51 | MBJ | MBIA Earnings Call This Week | PairCorr |
| 0.51 | AJW | ANGES MG | PairCorr |
| 0.46 | BT3 | BIOTIME | PairCorr |
| 0.39 | IB5A | I CABLE M | PairCorr |
| 0.36 | TLIK | TELES Informationstech | PairCorr |
| 0.78 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.47 | KMY | Kimberly Clark | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Måsøval Stock performing well and Måsøval AS 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 Måsøval AS'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PQ9 | 4.85 | 0.32 | 0.04 | 0.17 | 5.73 | 17.39 | 40.26 | |||
| PQ90 | 2.90 | 0.42 | 0.08 | (5.98) | 3.77 | 11.49 | 42.92 | |||
| BYRA | 3.74 | 0.18 | 0.01 | (0.11) | 4.15 | 11.11 | 26.67 | |||
| SSUN | 2.60 | 0.75 | 0.26 | 0.92 | 2.27 | 6.04 | 14.94 | |||
| SSU | 2.95 | 0.84 | 0.30 | 1.85 | 2.34 | 7.66 | 15.03 | |||
| SSUN | 2.50 | 0.80 | 0.26 | (1.12) | 2.22 | 6.10 | 13.83 | |||
| SSU | 2.83 | 0.93 | 0.31 | (1.43) | 2.11 | 6.22 | 15.50 | |||
| BZG2 | 2.79 | (0.06) | 0.00 | 0.47 | 0.00 | 7.50 | 22.82 | |||
| TCID | 4.01 | 0.13 | 0.01 | 0.66 | 5.37 | 12.50 | 35.42 | |||
| PTI | 1.54 | (0.02) | (0.02) | (0.03) | 2.50 | 3.47 | 16.77 |
Be your own money manager
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Måsøval AS Corporate Management
Elected by the shareholders, the Måsøval AS's board of directors comprises two types of representatives: Måsøval AS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Måsøval. The board's role is to monitor Måsøval AS's management team and ensure that shareholders' interests are well served. Måsøval AS'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, Måsøval AS's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Anders Hagestande | Chief Officer | Profile | |
| Henny Forde | Planning Biology | Profile | |
| Remy Stromskag | Head Processing | Profile | |
| Helge Kvalvik | Chief Officer | Profile | |
| Ingar Kyrkjebo | Head Service | Profile | |
| Lars Ulvan | Head Smolt | Profile | |
| Sandra Holm | Head Organisation | Profile |