Bell AG Correlations
| BELL Stock | CHF 219.00 1.00 0.45% |
The current 90-days correlation between Bell AG and Aryzta AG is -0.15 (i.e., Good diversification). The correlation of Bell AG 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.
Bell AG Correlation With Market
Very good diversification
The correlation between Bell AG and DJI is -0.47 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bell AG and DJI in the same portfolio, assuming nothing else is changed.
Bell |
The ability to find closely correlated positions to Bell AG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bell AG 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 Bell AG - 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 Bell AG to buy it.
Moving against Bell Stock
| 0.65 | BCVN | Banque Cantonale Vaudoise Earnings Call Tomorrow | PairCorr |
| 0.64 | TKBP | Thurgauer Kantonalbank Earnings Call This Week | PairCorr |
| 0.63 | CLTN | Coltene Holding AG | PairCorr |
| 0.61 | BAER | Julius Baer Gruppe | PairCorr |
| 0.6 | UBSG | UBS Group AG | PairCorr |
| 0.6 | GMI | Groupe Minoteries | PairCorr |
| 0.58 | EFGN | EFG International Earnings Call This Week | PairCorr |
| 0.56 | VACN | VAT Group AG | PairCorr |
| 0.55 | BANB | Bachem Holding AG | PairCorr |
| 0.55 | ISN | Intershop Holding | PairCorr |
| 0.54 | BEAN | Belimo Holding | PairCorr |
| 0.42 | UHR | Swatch Group | PairCorr |
| 0.4 | VATN | Valiant Holding AG | PairCorr |
| 0.38 | SPSN | Swiss Prime Site | PairCorr |
| 0.34 | WKBN | Banque Cantonale Earnings Call This Week | PairCorr |
Related Correlations Analysis
| -0.27 | 0.45 | 0.39 | 0.04 | ARYN | ||
| -0.27 | -0.28 | -0.21 | 0.04 | ORON | ||
| 0.45 | -0.28 | 0.58 | 0.05 | EMMN | ||
| 0.39 | -0.21 | 0.58 | 0.12 | GMI | ||
| 0.04 | 0.04 | 0.05 | 0.12 | VILN | ||
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 Bell Stock performing well and Bell AG 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 Bell AG'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ARYN | 1.22 | 0.16 | 0.06 | 0.94 | 1.30 | 2.53 | 13.37 | |||
| ORON | 2.18 | (0.32) | 0.00 | (0.43) | 0.00 | 4.61 | 14.22 | |||
| EMMN | 0.99 | 0.20 | 0.07 | (1.26) | 1.01 | 2.20 | 7.37 | |||
| GMI | 1.47 | 0.12 | 0.03 | 0.36 | 1.84 | 3.64 | 11.11 | |||
| VILN | 2.00 | (0.03) | (0.04) | (0.05) | 2.42 | 4.35 | 11.17 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bell AG 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 Bollinger Bands Now
Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
| All Next | Launch Module |
Bell AG Corporate Management
Elected by the shareholders, the Bell AG's board of directors comprises two types of representatives: Bell AG inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bell. The board's role is to monitor Bell AG's management team and ensure that shareholders' interests are well served. Bell AG'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, Bell AG's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Dieter Schibler | Head Cooperation | Profile | |
| Martin Henck | Member Hilcona | Profile | |
| Marco Tschanz | Member Group | Profile | |
| Tobias Wolfle | Member Area | Profile | |
| Thomas Bodenmann | Member Hugli | Profile | |
| Ulrich Sss | Head Accounting | Profile | |
| Davide Elia | Head Communication | Profile |