Conferize Correlations
| CONFRZ Stock | DKK 0.01 0.0005 8.33% |
The current 90-days correlation between Conferize AS and Hydract AS is 0.11 (i.e., Average diversification). The correlation of Conferize 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.
Conferize Correlation With Market
Average diversification
The correlation between Conferize AS and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Conferize AS and DJI in the same portfolio, assuming nothing else is changed.
Conferize |
The ability to find closely correlated positions to Conferize could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Conferize 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 Conferize - 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 Conferize AS to buy it.
Moving together with Conferize Stock
| 0.64 | RISMA | Risma Systems AS | PairCorr |
| 0.65 | ACT | DecideAct AS | PairCorr |
| 0.8 | NOVO-B | Novo Nordisk AS | PairCorr |
| 0.72 | DNORD | Dampskibsselskabet | PairCorr |
| 0.61 | BIF | Broendbyernes IF Fodbold | PairCorr |
Moving against Conferize Stock
Related Correlations Analysis
Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Conferize 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 Stock Tickers Now
Stock TickersUse high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
| All Next | Launch Module |
Conferize Corporate Management
Elected by the shareholders, the Conferize's board of directors comprises two types of representatives: Conferize inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Conferize. The board's role is to monitor Conferize's management team and ensure that shareholders' interests are well served. Conferize'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, Conferize's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ruben Hansen | Chief Designer | Profile | |
| Laura Lindahl | Director | Profile | |
| Jesper Vestergaard | CoFounder Mang | Profile | |
| Jon Schffer | CoFounder | Profile | |
| Nicolai Krogh | Chief Officer | Profile |