Euronav NV Correlations
| EURNDelisted Stock | USD 16.31 0.20 1.21% |
The current 90-days correlation between Euronav NV and Frontline is 0.01 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Euronav NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euronav NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Euronav NV Correlation With Market
Average diversification
The correlation between Euronav NV 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 Euronav NV and DJI in the same portfolio, assuming nothing else is changed.
Euronav |
Moving together with Euronav Stock
| 0.81 | SSNLF | Samsung Electronics | PairCorr |
| 0.88 | PTAIF | PT Astra International | PairCorr |
| 0.69 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.9 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.62 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.8 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.72 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.79 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.81 | T | ATT Inc Aggressive Push | PairCorr |
| 0.86 | CSCO | Cisco Systems | PairCorr |
| 0.9 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.87 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
Moving against Euronav Stock
| 0.84 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.79 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.71 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.69 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.67 | BKRKY | Bank Rakyat | PairCorr |
| 0.63 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.62 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.59 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.55 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.53 | DIT | AMCON Distributing | PairCorr |
| 0.42 | PG | Procter Gamble | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Euronav Stock performing well and Euronav NV 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 Euronav NV'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FRO | 1.97 | (0.27) | 0.00 | (0.35) | 0.00 | 4.15 | 12.09 | |||
| TNK | 1.50 | (0.47) | 0.00 | (0.42) | 0.00 | 2.41 | 11.22 | |||
| STNG | 1.39 | (0.43) | 0.00 | (0.77) | 0.00 | 1.97 | 7.72 | |||
| TNP | 1.44 | 0.21 | 0.08 | (8.58) | 1.46 | 3.12 | 9.04 | |||
| DHT | 1.70 | (0.10) | 0.00 | (0.03) | 0.00 | 3.89 | 9.53 | |||
| TRMD | 1.59 | (0.69) | 0.00 | (0.69) | 0.00 | 2.54 | 8.63 | |||
| NVGS | 1.29 | (0.06) | (0.05) | 0.00 | 1.72 | 2.52 | 8.11 | |||
| INSW | 1.45 | (0.31) | 0.00 | (0.22) | 0.00 | 2.77 | 9.18 |
Delisting Warning - EURN
Euronav NV was delisted
| The entity Euronav NV with a symbol EURN was delisted from New York Stock Exchange. Please try Euronav NV with a symbol CMBT from now on. Check all delisted instruments accross multiple markets. |
Euronav NV Corporate Management
| Anita Odedra | Independent Member of the Supervisory Board | Profile | |
| Stamatis Bourboulis | Member of the Management Board, General Manager, Euronav Ship Management (Hellas) Ltd. | Profile | |
| Egied Verbeeck | General Counsel, Member of the Executive Committee | Profile | |
| Benoit Timmermans | Chief Board | Profile |
Still Interested in Euronav NV?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.