Eolus Vind Correlations
| EOLU-B Stock | SEK 46.00 0.85 1.81% |
The current 90-days correlation between Eolus Vind AB and Sdiptech AB is 0.2 (i.e., Modest diversification). The correlation of Eolus Vind 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.
Eolus Vind Correlation With Market
Weak diversification
The correlation between Eolus Vind AB and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eolus Vind AB and DJI in the same portfolio, assuming nothing else is changed.
Eolus |
The ability to find closely correlated positions to Eolus Vind could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eolus Vind 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 Eolus Vind - 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 Eolus Vind AB to buy it.
Moving together with Eolus Stock
| 0.66 | AFRY | Afry AB | PairCorr |
| 0.63 | INSTAL | Instalco Intressenter | PairCorr |
| 0.61 | FLNGO | Flex LNG | PairCorr |
| 0.88 | NG | Northgold AB | PairCorr |
Moving against Eolus Stock
Related Correlations Analysis
| 0.56 | 0.61 | 0.52 | 0.65 | LIFCO-B | ||
| 0.56 | 0.7 | 0.57 | 0.88 | SDIP-B | ||
| 0.61 | 0.7 | 0.66 | 0.57 | VIT-B | ||
| 0.52 | 0.57 | 0.66 | 0.42 | ADDT-B | ||
| 0.65 | 0.88 | 0.57 | 0.42 | ALIF-B | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Eolus Stock performing well and Eolus Vind 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 Eolus Vind'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LIFCO-B | 1.25 | (0.06) | 0.00 | (0.04) | 0.00 | 2.07 | 7.98 | |||
| SDIP-B | 1.47 | (0.59) | 0.00 | (0.41) | 0.00 | 2.39 | 9.74 | |||
| VIT-B | 1.65 | (0.23) | 0.00 | (0.58) | 0.00 | 3.79 | 16.40 | |||
| ADDT-B | 1.44 | (0.18) | 0.00 | (0.28) | 0.00 | 2.45 | 8.61 | |||
| ALIF-B | 1.48 | (0.31) | 0.00 | (0.39) | 0.00 | 2.37 | 14.89 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Eolus Vind 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 FinTech Suite Now
FinTech SuiteUse AI to screen and filter profitable investment opportunities |
| All Next | Launch Module |
Eolus Vind Corporate Management
Elected by the shareholders, the Eolus Vind's board of directors comprises two types of representatives: Eolus Vind inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eolus. The board's role is to monitor Eolus Vind's management team and ensure that shareholders' interests are well served. Eolus Vind'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, Eolus Vind's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Karin Heydl | Sustainability Communication | Profile | |
| Thomas Andersson | Head Operations | Profile | |
| Helene Sebren | Head HR | Profile | |
| Michiel Messing | Head Function | Profile | |
| Karl Olsson | G Counsel | Profile | |
| Inga Abolina | Head Baltics | Profile | |
| Per Witalisson | Chief Officer | Profile |