AP Moeller Correlations
| AMKAF Stock | USD 2,445 59.02 2.47% |
The current 90-days correlation between AP Moeller and COSCO SHIPPING Holdings is -0.01 (i.e., Good diversification). The correlation of AP Moeller 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.
AP Moeller Correlation With Market
Very poor diversification
The correlation between AP Moeller and DJI is 0.84 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AP Moeller and DJI in the same portfolio, assuming nothing else is changed.
AMKAF |
The ability to find closely correlated positions to AP Moeller could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AP Moeller 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 AP Moeller - 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 AP Moeller to buy it.
Moving together with AMKAF Pink Sheet
| 0.93 | AMKBY | AP Moeller Maersk Earnings Call This Week | PairCorr |
| 0.92 | AMKBF | AP Møller Earnings Call This Week | PairCorr |
| 0.81 | FIBH | First Bancshares | PairCorr |
| 0.76 | BIOA | BioAge Labs | PairCorr |
| 0.84 | PBYI | Puma Biotechnology | PairCorr |
| 0.78 | FOX | Fox Corp Class Earnings Call This Week | PairCorr |
| 0.62 | ACLS | Axcelis Technologies | PairCorr |
| 0.69 | ONDS | Ondas Holdings | PairCorr |
| 0.73 | WAL | Western Alliance Ban | PairCorr |
| 0.71 | F | Ford Motor Earnings Call This Week | PairCorr |
| 0.72 | LINC | Lincoln Educational | PairCorr |
| 0.69 | HL | Hecla Mining | PairCorr |
| 0.76 | CET | Central Securities | PairCorr |
| 0.83 | LUNR | Intuitive Machines | PairCorr |
| 0.87 | SAIC | Science Applications | PairCorr |
Moving against AMKAF Pink Sheet
| 0.71 | PBCRY | Bank Central Asia | PairCorr |
| 0.7 | PBCRF | PT Bank Central | PairCorr |
| 0.57 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.45 | NEE | Nextera Energy Aggressive Push | 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 AMKAF Pink Sheet performing well and AP Moeller 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 AP Moeller'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CICOF | 1.24 | 0.08 | 0.01 | 0.30 | 1.66 | 3.53 | 21.91 | |||
| CICOY | 1.04 | 0.04 | 0.00 | 0.20 | 1.19 | 2.38 | 7.11 | |||
| HPGLY | 0.96 | 0.00 | (0.02) | 0.10 | 1.53 | 3.24 | 17.00 | |||
| HLAGF | 1.64 | 0.07 | 0.00 | 0.31 | 2.14 | 8.46 | 20.08 | |||
| RYAOF | 4.09 | 2.03 | 0.00 | 2.10 | 0.00 | 0.00 | 130.04 | |||
| AFLYY | 2.57 | (0.11) | 0.00 | (0.19) | 0.00 | 6.56 | 17.20 | |||
| SSUMY | 1.30 | 0.41 | 0.28 | 0.54 | 0.99 | 3.29 | 6.35 | |||
| DKILF | 2.44 | (0.03) | (0.01) | 0.03 | 3.30 | 5.23 | 16.91 | |||
| FANUY | 1.80 | 0.31 | 0.13 | 0.42 | 1.77 | 4.34 | 16.77 | |||
| WEGZY | 1.52 | 0.50 | 0.21 | 5.14 | 1.68 | 4.29 | 9.54 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in AP Moeller 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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AP Moeller Corporate Management
| Caroline Pontoppidan | Gen VP | Profile | |
| Susana Elvira | Chief Officer | Profile | |
| LarsErik Brenoe | Ex VP | Profile | |
| Signe Wagner | Head Relations | Profile | |
| Sarah Spray | Head Relations | Profile | |
| Soren Skou | CEO CEO | Profile | |
| Patrick Jany | CFO VP | Profile |