Corem Property Correlations
| CORE-PREF | SEK 263.50 1.50 0.57% |
The current 90-days correlation between Corem Property Group and Dios Fastigheter AB is 0.23 (i.e., Modest diversification). The correlation of Corem Property 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.
Corem Property Correlation With Market
Average diversification
The correlation between Corem Property Group and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Corem Property Group and DJI in the same portfolio, assuming nothing else is changed.
Corem |
The ability to find closely correlated positions to Corem Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corem Property 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 Corem Property - 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 Corem Property Group to buy it.
Moving together with Corem Stock
| 0.85 | SAGA-D | AB Sagax | PairCorr |
| 0.69 | BALD-B | Fastighets AB Balder | PairCorr |
| 0.62 | WIHL | Wihlborgs Fastigheter | PairCorr |
Moving against Corem Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Corem Stock performing well and Corem Property 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 Corem Property'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BALD-B | 1.54 | (0.02) | (0.07) | 0.03 | 1.63 | 3.40 | 7.08 | |||
| NYF | 1.43 | (0.24) | 0.00 | (0.21) | 0.00 | 2.59 | 9.46 | |||
| DIOS | 1.16 | (0.28) | 0.00 | (0.90) | 0.00 | 2.64 | 7.38 | |||
| ATRLJ-B | 1.22 | (0.28) | 0.00 | (0.89) | 0.00 | 2.16 | 5.76 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Corem Property 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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Corem Property Corporate Management
Elected by the shareholders, the Corem Property's board of directors comprises two types of representatives: Corem Property inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Corem. The board's role is to monitor Corem Property's management team and ensure that shareholders' interests are well served. Corem Property'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, Corem Property's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Peeter Kinnunen | Head Transactions | Profile | |
| Patrik Mellgren | Head Devel | Profile | |
| Eva Landen | Chief Officer | Profile | |
| AnnaKarin Hag | Chief Officer | Profile |