Dios Fastigheter Correlations

DIOS Stock  SEK 68.05  0.95  1.42%   
The current 90-days correlation between Dios Fastigheter and FastPartner AB is 0.59 (i.e., Very weak diversification). The correlation of Dios Fastigheter 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.

Dios Fastigheter Correlation With Market

Very weak diversification

The correlation between Dios Fastigheter AB and DJI is 0.51 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dios Fastigheter AB and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Dios Fastigheter could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dios Fastigheter 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 Dios Fastigheter - 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 Dios Fastigheter AB to buy it.

Moving together with Dios Stock

  0.68ALM-PREF ALM Equity ABPairCorr
  0.68HEIM-PREF Heimstaden AB PfdPairCorr
  0.79CATE Catena ABPairCorr
  0.83INVE-A Investor AB serPairCorr
  0.63ERIC-A TelefonaktiebolagetPairCorr
  0.78NOKIA-SEK NokiaPairCorr
  0.83INVE-B Investor AB serPairCorr
  0.64ENRO Eniro ABPairCorr
  0.79SOBI Swedish Orphan BiovitrumPairCorr
  0.87ORES Investment AB OresundPairCorr
  0.73HOFI Hoist Finance ABPairCorr
  0.63CTM Catena Media plcPairCorr
  0.72SAXG Saxlund Group ABPairCorr
  0.82CTEK Ctek ABPairCorr
  0.82BMAX Byggmax Group ABPairCorr
  0.74LUMI Lundin MiningPairCorr
  0.62SSAB-B SSAB ABPairCorr
  0.77STE-A Stora Enso OyjPairCorr
  0.8ABB ABBPairCorr
  0.7GRNG Grnges ABPairCorr

Moving against Dios Stock

  0.71AJA-B Byggmstare AndersPairCorr
  0.69CS CoinShares InternationalPairCorr
  0.46MANG Mangold FondkommissionPairCorr

Related Correlations Analysis


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

EMIL-BPLAZ-B
CORE-BSBB-B
CORE-BFPAR-A
CORE-BSLP-B
SLP-BFPAR-A
SBB-BSLP-B
  

High negative correlations

STEF-BSBB-B
EMIL-BSTEF-B
STEF-BPLAZ-B
EMIL-BFPAR-A
SBB-BPLAZ-B
CORE-BSTEF-B

Risk-Adjusted Indicators

There is a big difference between Dios Stock performing well and Dios Fastigheter 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 Dios Fastigheter'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Dios Fastigheter 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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Dios Fastigheter Corporate Management

Elected by the shareholders, the Dios Fastigheter's board of directors comprises two types of representatives: Dios Fastigheter inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dios. The board's role is to monitor Dios Fastigheter's management team and ensure that shareholders' interests are well served. Dios Fastigheter'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, Dios Fastigheter's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andreas BergF MangProfile
Rolf LarssonChief OfficerProfile
Jenny SvenssonProperty DirectorProfile
Mia ForsgrenChief Communication OfficerProfile
Johan DernmarHead of Investor RelationsProfile
Knut RostChief OfficerProfile