Cadeler A/S Correlations

CADLF Stock

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The current 90-days correlation between Cadeler A/S and HEgh Autoliners AS is -0.07 (i.e., Good diversification). 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 -0.05 (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

0.78	EPGG	Empire Global Gaming	Pair Corr
0.62	TCBIO	Texas Capital Bancshares	Pair Corr
0.69	UGP	Ultrapar Participacoes	Pair Corr

Moving against Cadeler Pink Sheet

0.71	AXAHF	AXA SA	Pair Corr
0.42	INDV	Indivior PLC Ordinary	Pair Corr
0.57	50077LAD8	KRAFT HEINZ FOODS	Pair Corr
0.57	URBN	Urban Outfitters	Pair Corr

Related Correlations Analysis

	SOIEF	HOEGF	CKNHF	PCFBY	SGHIY	NWARF	PCFBF	WZZAF	HHULY	LKHLY
SOIEF		-0.02	0.14	0.6	-0.56	-0.44	0.05	0.31	0.14	0.0	SOIEF
HOEGF	-0.02		0.91	0.1	0.17	0.41	-0.75	0.6	-0.86	0.0	HOEGF
CKNHF	0.14	0.91		0.15	0.2	0.39	-0.68	0.64	-0.84	0.0	CKNHF
PCFBY	0.6	0.1	0.15		-0.59	-0.36	0.21	0.33	0.1	0.0	PCFBY
SGHIY	-0.56	0.17	0.2	-0.59		0.54	-0.06	-0.07	-0.35	0.0	SGHIY
NWARF	-0.44	0.41	0.39	-0.36	0.54		-0.31	0.03	-0.55	0.0	NWARF
PCFBF	0.05	-0.75	-0.68	0.21	-0.06	-0.31		-0.4	0.7	0.0	PCFBF
WZZAF	0.31	0.6	0.64	0.33	-0.07	0.03	-0.4		-0.62	0.0	WZZAF
HHULY	0.14	-0.86	-0.84	0.1	-0.35	-0.55	0.7	-0.62		0.0	HHULY
LKHLY	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		LKHLY
	SOIEF	HOEGF	CKNHF	PCFBY	SGHIY	NWARF	PCFBF	WZZAF	HHULY	LKHLY

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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

CKNHF	+ 0.91	HOEGF
HHULY	+ 0.7	PCFBF
WZZAF	+ 0.64	CKNHF
PCFBY	+ 0.6	SOIEF
WZZAF	+ 0.6	HOEGF
NWARF	+ 0.54	SGHIY

High negative correlations

HHULY	- 0.86	HOEGF
HHULY	- 0.84	CKNHF
PCFBF	- 0.75	HOEGF
PCFBF	- 0.68	CKNHF
HHULY	- 0.62	WZZAF
SGHIY	- 0.59	PCFBY

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	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SOIEF	0.71	(0.05)	0.00	0.66	0.00	0.00	3.09	(2.73)	17.77
HOEGF	1.47	0.29	0.10	(1.07)	1.87	(1.75)	3.43	(3.61)	9.19
CKNHF	0.59	0.25	0.00	1.49	0.00	0.00	1.88	(0.63)	9.22
PCFBY	2.37	0.28	0.04	(0.27)	2.76	(5.46)	7.48	(6.92)	22.74
SGHIY	1.49	0.35	0.00	3.96	0.00	0.00	0.00	0.00	62.08
NWARF	3.07	0.08	0.01	0.19	3.64	(3.73)	6.45	(6.25)	17.04
PCFBF	0.96	0.07	0.00	0.26	0.00	0.00	0.00	0.00	48.78
WZZAF	1.07	0.25	0.00	0.40	0.00	0.00	0.00	0.00	27.72
HHULY	1.16	(0.21)	0.00	3.48	0.00	0.00	4.12	(4.33)	20.85
LKHLY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

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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