Facephi Biometria Correlations
| ALPHI Stock | EUR 2.40 0.03 1.23% |
The correlation of Facephi Biometria 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Facephi Biometria Correlation With Market
Very good diversification
The correlation between Facephi Biometria SA and DJI is -0.25 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Facephi Biometria SA and DJI in the same portfolio, assuming nothing else is changed.
Facephi |
The ability to find closely correlated positions to Facephi Biometria could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Facephi Biometria 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 Facephi Biometria - 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 Facephi Biometria SA to buy it.
Moving together with Facephi Stock
| 0.85 | DSY | Dassault Systemes | PairCorr |
| 0.63 | ALESK | Esker SA | PairCorr |
| 0.85 | ALSTW | Streamwide | PairCorr |
| 0.81 | TTE | TotalEnergies SE | PairCorr |
| 0.71 | MC | LVMH Mot Hennessy | PairCorr |
| 0.86 | BNP | BNP Paribas SA | PairCorr |
| 0.92 | CS | AXA SA | PairCorr |
| 0.95 | SAN | Sanofi SA | PairCorr |
| 0.87 | ACA | Credit Agricole SA | PairCorr |
| 0.82 | EC | TotalEnergies EP Gabon | PairCorr |
| 0.76 | RBO | Roche Bobois | PairCorr |
| 0.89 | RMS | Hermes International SCA | PairCorr |
| 0.84 | ORA | Orange SA | PairCorr |
| 0.72 | RXL | Rexel SA | PairCorr |
| 0.74 | TRI | Trigano SA | PairCorr |
Moving against Facephi Stock
| 0.85 | MLIDS | IDS France SAS | PairCorr |
| 0.51 | QDT | Quadient SA | PairCorr |
| 0.47 | IAM | Itissalat Al Maghrib | PairCorr |
| 0.35 | SFPI | Groupe Sfpi | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Facephi Stock performing well and Facephi Biometria 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 Facephi Biometria'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ALIMR | 3.40 | 0.37 | 0.03 | 0.20 | 5.00 | 12.87 | 50.79 | |||
| ALMUN | 2.99 | (0.89) | 0.00 | (4.40) | 0.00 | 6.45 | 17.49 | |||
| ALNRG | 3.37 | 0.08 | 0.03 | (0.28) | 4.43 | 7.27 | 27.04 | |||
| COH | 1.19 | 0.09 | 0.09 | (0.91) | 1.52 | 3.41 | 10.08 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Facephi Biometria 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?
Run Sign In To Macroaxis Now
Sign In To MacroaxisSign in to explore Macroaxis' wealth optimization platform and fintech modules |
| All Next | Launch Module |
Facephi Biometria Corporate Management
Elected by the shareholders, the Facephi Biometria's board of directors comprises two types of representatives: Facephi Biometria inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Facephi. The board's role is to monitor Facephi Biometria's management team and ensure that shareholders' interests are well served. Facephi Biometria'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, Facephi Biometria's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Juan Ortiz | S Director | Profile | |
| Jose Maso | Accounting Mang | Profile | |
| Tania Martinez | Operations Mang | Profile | |
| Eliseo Quintanilla | Chief Officer | Profile | |
| Luis Guijarro | Alliances Officer | Profile | |
| Javier Arce | CTO Department | Profile | |
| Ramn Snchez | Head Legal | Profile |