Advanced Info Correlations

AISF Stock  EUR 9.60  0.05  0.52%   
The current 90-days correlation between Advanced Info Service and Baidu Inc is -0.01 (i.e., Good diversification). The correlation of Advanced Info 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.

Advanced Info Correlation With Market

Poor diversification

The correlation between Advanced Info Service and DJI is 0.71 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Advanced Info Service and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Advanced Info could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advanced Info 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 Advanced Info - 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 Advanced Info Service to buy it.

Moving together with Advanced Stock

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Moving against Advanced Stock

  0.64BRH Berkshire HathawayPairCorr
  0.63LSPP Chocoladefabriken LindtPairCorr
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  0.64DBPD Xtrackers ShortDAXPairCorr
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Related Correlations Analysis

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Be your own money manager

Our tools can tell you how much better you can do entering a position in Advanced Info 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.

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Advanced Info Corporate Management

Elected by the shareholders, the Advanced Info's board of directors comprises two types of representatives: Advanced Info inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Advanced. The board's role is to monitor Advanced Info's management team and ensure that shareholders' interests are well served. Advanced Info'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, Advanced Info's outside directors are responsible for providing unbiased perspectives on the board's policies.