Exor NV Correlations

EXXRF Stock

USD 98.71 0.21 0.21%

The correlation of Exor NV 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.

Exor NV Correlation With Market

Significant diversification

The correlation between Exor NV and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Exor NV and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Exor NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exor NV 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 Exor NV - 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 Exor NV to buy it.

Moving together with Exor Pink Sheet

0.72	VWAGY	Volkswagen AG 110	Pair Corr
0.82	MBGAF	Mercedes Benz Group	Pair Corr
0.81	MBGYY	Mercedes Benz Group	Pair Corr
0.76	VLKPF	Volkswagen AG VZO	Pair Corr
0.73	VWAPY	Volkswagen AG Pref	Pair Corr
0.72	VLKAF	Volkswagen AG	Pair Corr
0.67	PKX	POSCO Holdings	Pair Corr
0.74	HYMTF	Hyundai Motor	Pair Corr
0.64	SKM	SK Telecom	Pair Corr

Moving against Exor Pink Sheet

0.76	CTBB	Qwest Corp NT	Pair Corr
0.76	CTDD	Qwest Corp 6	Pair Corr
0.62	FINN	First National	Pair Corr
0.35	BYDDY	BYD Co	Pair Corr
0.85	ALAB	Astera Labs, Common Tech Boost	Pair Corr
0.84	SCHW	Charles Schwab Corp Fiscal Year End 15th of January 2025	Pair Corr
0.79	DXYZ	Destiny Tech100 Trending	Pair Corr
0.72	DECK	Deckers Outdoor	Pair Corr
0.72	GVA	Granite Construction	Pair Corr
0.69	CRWD	Crowdstrike Holdings Earnings Call This Week	Pair Corr
0.67	SNOW	Snowflake Trending	Pair Corr
0.67	MRVL	Marvell Technology Earnings Call This Week	Pair Corr
0.67	RCAT	Red Cat Holdings Trending	Pair Corr
0.65	STLD	Steel Dynamics Fiscal Year End 28th of January 2025	Pair Corr
0.65	ADSK	Autodesk	Pair Corr
0.63	NVDA	NVIDIA	Pair Corr
0.58	GM	General Motors	Pair Corr
0.54	APLD	Applied Blockchain Trending	Pair Corr
0.54	ZM	Zoom Video Communications Earnings Call This Week	Pair Corr

Related Correlations Analysis

	SMEBF	ZAPPW	GNZUF	NFYEF	NSANY	HMC	TM	MZDAY	VWAGY	POAHY
SMEBF		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	SMEBF
ZAPPW	0.0		-0.24	0.46	0.0	0.47	0.43	0.49	0.47	0.37	ZAPPW
GNZUF	0.0	-0.24		-0.66	0.0	-0.52	-0.48	-0.52	-0.57	-0.4	GNZUF
NFYEF	0.0	0.46	-0.66		0.0	0.79	0.6	0.84	0.76	0.77	NFYEF
NSANY	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	NSANY
HMC	0.0	0.47	-0.52	0.79	0.0		0.58	0.74	0.9	0.75	HMC
TM	0.0	0.43	-0.48	0.6	0.0	0.58		0.63	0.65	0.32	TM
MZDAY	0.0	0.49	-0.52	0.84	0.0	0.74	0.63		0.7	0.8	MZDAY
VWAGY	0.0	0.47	-0.57	0.76	0.0	0.9	0.65	0.7		0.63	VWAGY
POAHY	0.0	0.37	-0.4	0.77	0.0	0.75	0.32	0.8	0.63		POAHY
	SMEBF	ZAPPW	GNZUF	NFYEF	NSANY	HMC	TM	MZDAY	VWAGY	POAHY

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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

VWAGY	+ 0.9	HMC
MZDAY	+ 0.84	NFYEF
POAHY	+ 0.8	MZDAY
HMC	+ 0.79	NFYEF
POAHY	+ 0.77	NFYEF
VWAGY	+ 0.76	NFYEF

High negative correlations

NFYEF	- 0.66	GNZUF
VWAGY	- 0.57	GNZUF
MZDAY	- 0.52	GNZUF
HMC	- 0.52	GNZUF
TM	- 0.48	GNZUF
POAHY	- 0.4	GNZUF

Risk-Adjusted Indicators

There is a big difference between Exor Pink Sheet performing well and Exor 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 Exor 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
SMEBF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ZAPPW	5.46	0.22	0.01	(2.63)	6.60	(7.73)	13.10	(12.61)	39.00
GNZUF	5.19	0.79	0.08	2.36	5.02	(10.91)	14.63	(10.53)	46.65
NFYEF	1.30	(0.47)	0.00	(10.03)	0.00	0.00	2.06	(3.43)	9.51
NSANY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HMC	1.29	(0.29)	0.00	3.15	0.00	0.00	2.55	(3.39)	10.82
TM	1.19	(0.15)	0.00	(0.14)	0.00	0.00	2.69	(3.07)	7.42
MZDAY	1.51	(0.35)	0.00	1.53	0.00	0.00	2.17	(3.55)	11.45
VWAGY	1.46	(0.33)	0.00	0.80	0.00	0.00	2.70	(3.52)	8.96
POAHY	1.34	(0.36)	0.00	13.41	0.00	0.00	2.22	(3.61)	10.40

Be your own money manager

Our tools can tell you how much better you can do entering a position in Exor NV 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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Exor NV Corporate Management

Suzanne Heywood	Chief Officer	Profile
Noam Ohana	Managing Director	Profile
Nicoletta Paracchini	Statutory Auditor	Profile
Matteo Scolari	Managing Investments	Profile
Maite Trenchs	Corp Relator	Profile
Enrico Vellano	Chief Lingotto	Profile
Florence Hinnen	G Counsel	Profile

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