ÅF Pöyry Correlations
| AFXXF Stock | USD 16.75 0.00 0.00% |
The correlation of ÅF Pöyry 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.
ÅF Pöyry Correlation With Market
Very weak diversification
The correlation between F Pyry AB and DJI is 0.58 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding F Pyry AB and DJI in the same portfolio, assuming nothing else is changed.
AFXXF |
The ability to find closely correlated positions to ÅF Pöyry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ÅF Pöyry 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 ÅF Pöyry - 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 F Pyry AB to buy it.
Moving together with AFXXF Pink Sheet
| 0.8 | PWR | Quanta Services | PairCorr |
| 0.74 | VCISY | Vinci SA ADR | PairCorr |
| 0.66 | VCISF | VINCI SA | PairCorr |
| 0.84 | FIX | Comfort Systems USA | PairCorr |
| 0.88 | EME | EMCOR Group | PairCorr |
| 0.8 | MTZ | MasTec Inc Earnings Call Tomorrow | PairCorr |
| 0.72 | CRWOF | China Railway Group | PairCorr |
| 0.76 | APG | Api Group Corp Earnings Call This Week | PairCorr |
| 0.69 | CTBB | Qwest Corp NT | PairCorr |
| 0.7 | CTDD | Qwest Corp 6 | PairCorr |
| 0.81 | FINN | First National | PairCorr |
| 0.88 | PKX | POSCO Holdings | PairCorr |
| 0.94 | SKM | SK Telecom | PairCorr |
| 0.76 | ABCB | Ameris Bancorp | PairCorr |
| 0.93 | BKCYF | Bank Of Cyprus Holdings P Normal Trading | PairCorr |
| 0.89 | TDY | Teledyne Technologies | PairCorr |
| 0.81 | INGR | Ingredion Incorporated | PairCorr |
| 0.93 | ALFVF | Alfa Laval AB | PairCorr |
| 0.69 | ASC | Ardmore Shpng | PairCorr |
| 0.81 | OXY | Occidental Petroleum Earnings Call Today | PairCorr |
| 0.83 | SGLFF | SGL Carbon SE | PairCorr |
| 0.71 | CGON | CG Oncology Common | PairCorr |
| 0.8 | MUFG | Mitsubishi UFJ Financial | PairCorr |
| 0.71 | PFG | Principal Financial | PairCorr |
| 0.75 | WEJTY | Webjet Limited | PairCorr |
| 0.83 | MBINN | Merchants Bancorp | PairCorr |
| 0.83 | CIADY | China Mengniu Dairy | PairCorr |
| 0.77 | BCO | Brinks Company Earnings Call Tomorrow | PairCorr |
| 0.72 | LBUSD | Lumber Futures | PairCorr |
| 0.83 | UAA | Under Armour A | PairCorr |
Moving against AFXXF Pink Sheet
| 0.55 | EYPT | Eyepoint Pharmaceuticals Sell-off Trend | 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 AFXXF Pink Sheet performing well and ÅF Pöyry 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 ÅF Pöyry'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ISSDY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NLTBF | 0.02 | 0.00 | 0.00 | 0.23 | 0.00 | 0.00 | 0.77 | |||
| BADFF | 1.19 | 0.44 | 0.19 | 2.32 | 0.66 | 3.71 | 17.61 | |||
| FBOHF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MOPHY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| APLUF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SCGEY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MSA | 1.15 | 0.25 | 0.24 | 0.35 | 0.74 | 3.19 | 6.97 | |||
| MPCFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PGUCY | 0.10 | 0.04 | 0.00 | 4.02 | 0.00 | 0.00 | 3.45 |
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ÅF Pöyry Corporate Management
| Robert Larsson | Ex Solutions | Profile | |
| Thomas Sandell | Head Architect | Profile | |
| Jonas Gustavsson | Pres CEO | Profile | |
| Lena Trn | Chief Officer | Profile | |
| Susan Gustafsson | Group Counsel | Profile | |
| Bo Sandstrom | Chief Officer | Profile | |
| Sara Klingenborg | Head HR | Profile |