BANKINTER ADR Correlations
| BAK Stock | 14.50 0.30 2.11% |
The current 90-days correlation between BANKINTER ADR 2007 and Live Nation Entertainment is -0.21 (i.e., Very good diversification). The correlation of BANKINTER ADR 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.
BANKINTER ADR Correlation With Market
Very poor diversification
The correlation between BANKINTER ADR 2007 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 BANKINTER ADR 2007 and DJI in the same portfolio, assuming nothing else is changed.
BANKINTER |
The ability to find closely correlated positions to BANKINTER ADR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BANKINTER ADR 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 BANKINTER ADR - 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 BANKINTER ADR 2007 to buy it.
Moving together with BANKINTER Stock
| 0.88 | XSI | Sanyo Chemical Industries | PairCorr |
| 0.73 | GCB | PTT Global Chemical Earnings Call This Week | PairCorr |
| 0.84 | H3M | Hochschild Mining plc | PairCorr |
| 0.72 | UUEC | United Utilities | PairCorr |
| 0.8 | 4HF | Hoist Finance AB | PairCorr |
| 0.68 | 8SF | SLIGRO FOOD GROUP | PairCorr |
| 0.61 | GJ9 | SLC Agricola SA Split | PairCorr |
| 0.75 | 2X0 | Corteva | PairCorr |
| 0.63 | E908 | Lyxor 1 | PairCorr |
Moving against BANKINTER Stock
| 0.74 | BDD | CONICO LTD Split | PairCorr |
| 0.68 | BZG2 | PT Bank Central | PairCorr |
| 0.61 | 5E9 | BUKALAPAK TBKPT RP50 | PairCorr |
| 0.31 | C6T | China Construction Bank | PairCorr |
| 0.76 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.38 | SOBA | ATT Inc | PairCorr |
| 0.33 | SNB1 | SOCKET MOBILE NEW | 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 BANKINTER Stock performing well and BANKINTER ADR 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 BANKINTER ADR'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 3LN | 1.63 | 0.04 | (0.03) | 0.76 | 1.85 | 3.18 | 8.49 | |||
| PSM | 1.37 | (0.04) | 0.00 | 0.39 | 0.00 | 2.85 | 7.91 | |||
| 2T8 | 1.90 | (0.30) | 0.00 | (0.69) | 0.00 | 4.40 | 15.03 | |||
| IZZ | 2.13 | (0.05) | (0.04) | (0.02) | 2.23 | 6.56 | 22.17 | |||
| 3RW | 2.22 | 0.72 | 0.11 | 1.81 | 2.21 | 5.26 | 42.06 | |||
| HE1 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| 8P8 | 2.01 | 0.20 | 0.02 | (0.27) | 2.50 | 4.29 | 14.09 | |||
| D2V | 1.91 | 0.33 | 0.09 | (1.76) | 2.04 | 4.82 | 11.86 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in BANKINTER ADR 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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BANKINTER ADR Corporate Management
Elected by the shareholders, the BANKINTER ADR's board of directors comprises two types of representatives: BANKINTER ADR inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BANKINTER. The board's role is to monitor BANKINTER ADR's management team and ensure that shareholders' interests are well served. BANKINTER ADR'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, BANKINTER ADR's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mara Params | Corporate Employees | Profile | |
| Antonio Muoz | Head Markets | Profile | |
| Marta Robles | Products Development | Profile | |
| Jacobo Garcia | Chief Officer | Profile |