CompuGroup Medical Correlations
| CMPUY Stock | USD 14.80 0.00 0.00% |
The correlation of CompuGroup Medical 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.
CompuGroup Medical Correlation With Market
Average diversification
The correlation between CompuGroup Medical SE and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CompuGroup Medical SE and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to CompuGroup Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CompuGroup Medical 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 CompuGroup Medical - 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 CompuGroup Medical SE to buy it.
Moving together with CompuGroup OTC Stock
| 0.83 | TPDDF | Talon Energy | PairCorr |
| 0.64 | IMHC | Imperalis Holding Corp | PairCorr |
| 0.74 | EPGG | Empire Global Gaming | PairCorr |
| 0.65 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
Moving against CompuGroup OTC Stock
| 0.85 | JXN-PA | Jackson Financial | PairCorr |
| 0.65 | DOCS | Doximity | PairCorr |
| 0.64 | SOLV | Solventum Corp | PairCorr |
| 0.57 | MET | MetLife | PairCorr |
| 0.56 | HQY | HealthEquity Earnings Call This Week | PairCorr |
| 0.46 | FTI | TechnipFMC PLC Sell-off Trend | PairCorr |
| 0.78 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.73 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.72 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.72 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.72 | HD | Home Depot | PairCorr |
| 0.6 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.59 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.54 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.51 | FTNT | Fortinet | PairCorr |
| 0.51 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.49 | OPFI | OppFi Inc Downward Rally | PairCorr |
| 0.49 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.43 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
| 0.42 | IBM | International Business Sell-off Trend | PairCorr |
| 0.38 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.37 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
Related Correlations Analysis
| -0.48 | 0.11 | -0.35 | -0.57 | GEHC | ||
| -0.48 | 0.34 | 0.51 | 0.47 | VEEV | ||
| 0.11 | 0.34 | 0.27 | 0.36 | SOLV | ||
| -0.35 | 0.51 | 0.27 | 0.82 | DOCS | ||
| -0.57 | 0.47 | 0.36 | 0.82 | HQY | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between CompuGroup OTC Stock performing well and CompuGroup Medical OTC Stock 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 CompuGroup Medical'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GEHC | 1.01 | (0.03) | 0.00 | (0.11) | 0.00 | 2.26 | 6.66 | |||
| VEEV | 1.32 | 0.07 | 0.05 | 0.19 | 1.50 | 3.49 | 15.98 | |||
| SOLV | 1.26 | 0.17 | 0.09 | 0.36 | 1.33 | 2.56 | 8.30 | |||
| DOCS | 2.32 | 0.51 | 0.19 | 0.56 | 2.25 | 5.15 | 43.10 | |||
| HQY | 1.59 | 0.24 | 0.19 | 0.27 | 1.40 | 3.46 | 15.16 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in CompuGroup Medical 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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CompuGroup Medical Corporate Management
Elected by the shareholders, the CompuGroup Medical's board of directors comprises two types of representatives: CompuGroup Medical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CompuGroup. The board's role is to monitor CompuGroup Medical's management team and ensure that shareholders' interests are well served. CompuGroup Medical'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, CompuGroup Medical's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Helge Wei | VP Connectivity | Profile | |
| Angela Teufer | Connectivity DACH | Profile | |
| Hannes Reichl | MD Board | Profile | |
| Alexander Weimer | Head Communications | Profile | |
| Michael Franz | Co Communication | Profile | |
| Oliver Bruzek | Chief Affairs | Profile | |
| MBA LLM | MD CFO | Profile |