Ellaktor Correlations
| ELLAKTOR | EUR 2.29 0.01 0.43% |
The current 90-days correlation between Ellaktor SA and GEK TERNA Holdings is 0.23 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ellaktor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellaktor SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Ellaktor Correlation With Market
Good diversification
The correlation between Ellaktor SA and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ellaktor SA and DJI in the same portfolio, assuming nothing else is changed.
Ellaktor |
The ability to find closely correlated positions to Ellaktor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellaktor 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 Ellaktor - 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 Ellaktor SA to buy it.
Moving together with Ellaktor Stock
| 0.72 | OPAP | Greek Organization | PairCorr |
| 0.89 | EUROB | Eurobank Ergasias | PairCorr |
| 0.87 | ETE | National Bank | PairCorr |
| 0.77 | MYTIL | Mytilineos SA | PairCorr |
| 0.83 | ALPHA | Alpha Services | PairCorr |
| 0.81 | PPC | Public Power | PairCorr |
| 0.86 | TPEIR | Piraeus Financial | PairCorr |
| 0.93 | MOH | Motor Oil Corinth | PairCorr |
| 0.88 | INTRK | Intracom Holdings | PairCorr |
| 0.79 | DROME | Dromeas SA | PairCorr |
| 0.61 | ALMY | Alumil Aluminium Industry | PairCorr |
| 0.89 | EXAE | Hellenic Exchanges | PairCorr |
| 0.85 | MOTO | Emporiki Eisagogiki | PairCorr |
Moving against Ellaktor Stock
| 0.6 | HTO | Hellenic Telecommunicatio Earnings Call This Week | PairCorr |
Related Correlations Analysis
| 0.4 | 0.78 | 0.83 | 0.82 | MYTIL | ||
| 0.4 | 0.33 | 0.62 | 0.57 | GEKTERNA | ||
| 0.78 | 0.33 | 0.82 | 0.84 | PPC | ||
| 0.83 | 0.62 | 0.82 | 0.95 | MOH | ||
| 0.82 | 0.57 | 0.84 | 0.95 | ELPE | ||
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Risk-Adjusted Indicators
There is a big difference between Ellaktor Stock performing well and Ellaktor 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 Ellaktor'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MYTIL | 1.14 | 0.16 | 0.10 | 3.01 | 1.42 | 2.79 | 7.65 | |||
| GEKTERNA | 0.61 | 0.13 | 0.15 | 0.71 | 0.61 | 1.43 | 5.02 | |||
| PPC | 1.11 | 0.19 | 0.12 | 0.81 | 1.36 | 2.33 | 5.79 | |||
| MOH | 1.03 | 0.23 | 0.18 | 16.54 | 0.98 | 2.55 | 7.08 | |||
| ELPE | 0.93 | 0.28 | 0.25 | (1.18) | 0.74 | 2.43 | 5.29 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ellaktor 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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Ellaktor Corporate Management
Elected by the shareholders, the Ellaktor's board of directors comprises two types of representatives: Ellaktor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ellaktor. The board's role is to monitor Ellaktor's management team and ensure that shareholders' interests are well served. Ellaktor'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, Ellaktor's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Evangelia Dimitroulia | Head Compliance | Profile | |
| Dimitrios Koutsoukos | Director Relations | Profile | |
| Dimosthenis Revelas | Chief Officer | Profile | |
| Alexandros Spiliotopoulos | Financial Consultant | Profile | |
| Efthymios Bouloutas | CEO Director | Profile | |
| Vasiliki Niatsou | Corp Services | Profile | |
| Andreas Tsagris | Head Department | Profile |