Cadeler A/S Correlations

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The correlation of Cadeler A/S 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.

Cadeler A/S Correlation With Market

Good diversification

The correlation between Cadeler AS and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cadeler AS and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Cadeler A/S could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cadeler A/S 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 Cadeler A/S - 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 Cadeler AS to buy it.

Moving together with Cadeler Pink Sheet

0.65	NPNYY	Nippon Yusen Kabushiki	Pair Corr
0.75	GRCMF	Green Shift Commodities	Pair Corr

Moving against Cadeler Pink Sheet

0.8	CICOY	COSCO SHIPPING Holdings	Pair Corr
0.78	HYMTF	Hyundai Motor	Pair Corr
0.75	OROVF	Orient Overseas	Pair Corr
0.62	AMKBY	AP Moeller Maersk	Pair Corr
0.58	BRK-B	Berkshire Hathaway	Pair Corr
0.48	AMKBF	AP Mller	Pair Corr
0.46	CICOF	COSCO SHIPPING Holdings	Pair Corr
0.4	AMKAF	AP Moeller	Pair Corr
0.87	CSCO	Cisco Systems	Pair Corr
0.75	SDAD	SH Resources Development	Pair Corr
0.69	TEVJF	Teva Pharmaceutical	Pair Corr
0.67	KODK	Eastman Kodak	Pair Corr
0.64	MMM	3M Company	Pair Corr
0.6	PSZKY	Powszechna Kasa Oszc Normal Trading	Pair Corr
0.54	BCII	Blockchain Industries	Pair Corr
0.49	TORO	Toro	Pair Corr
0.39	MSGS	Madison Square Garden	Pair Corr
0.89	VLVCY	Volvo Car AB	Pair Corr
0.83	MS-PQ	Morgan Stanley	Pair Corr
0.82	CBTN	Citizens Bancorp Inv	Pair Corr
0.81	CXOXF	Core Lithium	Pair Corr
0.75	SPGI	SP Global	Pair Corr
0.72	VLKAF	Volkswagen AG	Pair Corr

Related Correlations Analysis

	CMHHF	KAIKY	MSLOF	SITIY	SITIF	MSLOY	CMHHY	ALNPF	OROVF
CMHHF		0.18	-0.26	0.55	0.72	-0.01	-0.08	0.0	-0.1	CMHHF
KAIKY	0.18		0.43	0.6	0.42	0.28	-0.45	0.0	-0.68	KAIKY
MSLOF	-0.26	0.43		0.24	-0.08	0.58	-0.66	0.0	-0.64	MSLOF
SITIY	0.55	0.6	0.24		0.6	0.23	-0.26	0.0	-0.36	SITIY
SITIF	0.72	0.42	-0.08	0.6		-0.04	-0.16	0.0	-0.24	SITIF
MSLOY	-0.01	0.28	0.58	0.23	-0.04		-0.63	0.0	-0.59	MSLOY
CMHHY	-0.08	-0.45	-0.66	-0.26	-0.16	-0.63		0.0	0.86	CMHHY
ALNPF	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	ALNPF
OROVF	-0.1	-0.68	-0.64	-0.36	-0.24	-0.59	0.86	0.0		OROVF
	CMHHF	KAIKY	MSLOF	SITIY	SITIF	MSLOY	CMHHY	ALNPF	OROVF

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

OROVF	+ 0.86	CMHHY
SITIF	+ 0.72	CMHHF
SITIY	+ 0.6	KAIKY
SITIF	+ 0.6	SITIY
MSLOY	+ 0.58	MSLOF
SITIY	+ 0.55	CMHHF

High negative correlations

OROVF	- 0.68	KAIKY
CMHHY	- 0.66	MSLOF
OROVF	- 0.64	MSLOF
CMHHY	- 0.63	MSLOY
OROVF	- 0.59	MSLOY
CMHHY	- 0.45	KAIKY

Risk-Adjusted Indicators

There is a big difference between Cadeler Pink Sheet performing well and Cadeler A/S 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 Cadeler A/S'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	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
CMHHF	0.80	0.06	(0.07)	0.00	0.00	0.00	0.00	30.25
KAIKY	0.59	(0.28)	0.62	0.00	0.00	0.00	0.00	10.43
MSLOF	0.45	(0.27)	(0.80)	0.00	0.00	0.00	0.00	12.21
SITIY	2.04	0.10	(0.06)	3.09	(5.23)	7.43	(4.97)	23.68
SITIF	1.03	(0.04)	(4.02)	0.00	0.00	4.13	(4.37)	21.13
MSLOY	0.80	(0.11)	(0.24)	0.00	0.00	1.46	(2.13)	5.90
CMHHY	0.55	0.13	(0.39)	0.00	0.00	0.00	0.00	14.75
ALNPF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
OROVF	0.16	0.06	0.39	0.00	0.00	0.00	0.00	5.24

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cadeler A/S 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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Cadeler A/S Corporate Management

Jacob Gregersen	Chief Officer	Profile
Peter Hansen	Chief Officer	Profile
Jacob Jensen	Chief Officer	Profile
Bo Lauridsen	Head HSEQ	Profile
Mario Robayo	Head Fin	Profile
Mikkel Gleerup	Member CEO	Profile

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