Euroapi SAS Correlations
| EAPI Stock | 3.52 0.10 2.92% |
The current 90-days correlation between Euroapi SAS and Rubis SCA is -0.03 (i.e., Good diversification). The correlation of Euroapi SAS 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.
Euroapi SAS Correlation With Market
Average diversification
The correlation between Euroapi SAS 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 Euroapi SAS and DJI in the same portfolio, assuming nothing else is changed.
Euroapi |
The ability to find closely correlated positions to Euroapi SAS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euroapi SAS 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 Euroapi SAS - 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 Euroapi SAS to buy it.
Moving together with Euroapi Stock
Moving against Euroapi Stock
| 0.86 | ALSGD | Spineguard | PairCorr |
| 0.82 | ALERS | Eurobio Scientific | PairCorr |
| 0.53 | SGO | Compagnie de Saint | PairCorr |
| 0.4 | ALTHE | Theradiag SA | PairCorr |
Related Correlations Analysis
| 0.64 | 0.48 | -0.87 | 0.31 | SAN | ||
| 0.64 | 0.28 | -0.48 | 0.55 | TTE | ||
| 0.48 | 0.28 | -0.27 | 0.57 | STLAP | ||
| -0.87 | -0.48 | -0.27 | -0.08 | GTT | ||
| 0.31 | 0.55 | 0.57 | -0.08 | RUI | ||
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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 Euroapi Stock performing well and Euroapi SAS 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 Euroapi SAS'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SAN | 0.83 | (0.17) | 0.00 | (0.27) | 0.00 | 1.64 | 6.89 | |||
| TTE | 0.96 | (0.16) | 0.00 | (0.29) | 0.00 | 1.84 | 7.12 | |||
| STLAP | 1.59 | (0.32) | 0.00 | (0.41) | 0.00 | 2.88 | 18.85 | |||
| GTT | 0.97 | 0.04 | (0.05) | 0.26 | 1.08 | 2.71 | 5.95 | |||
| RUI | 1.52 | (0.40) | 0.00 | (0.21) | 0.00 | 3.02 | 13.87 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Euroapi SAS 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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Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
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Euroapi SAS Corporate Management
Elected by the shareholders, the Euroapi SAS's board of directors comprises two types of representatives: Euroapi SAS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Euroapi. The board's role is to monitor Euroapi SAS's management team and ensure that shareholders' interests are well served. Euroapi SAS'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, Euroapi SAS's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cecile Maupas | Chief Officer | Profile | |
| James DeYonker | Compliance Legal | Profile | |
| Bruno Laforge | Chief Officer | Profile | |
| Eric Berger | Chief Officer | Profile | |
| Antoine Delcour | Chief Officer | Profile | |
| Kai Rossen | Chief Officer | Profile |