Fabege AB Correlations
| FABG Stock | SEK 83.60 0.20 0.24% |
The current 90-days correlation between Fabege AB and Fastighets AB Balder is 0.76 (i.e., Poor diversification). The correlation of Fabege AB 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Fabege AB Correlation With Market
Good diversification
The correlation between Fabege AB and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fabege AB and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Fabege AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fabege AB 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 Fabege AB - 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 Fabege AB to buy it.
Moving together with Fabege Stock
Moving against Fabege Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Fabege Stock performing well and Fabege AB 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 Fabege AB'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.Be your own money manager
Our tools can tell you how much better you can do entering a position in Fabege AB 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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Fabege AB Corporate Management
Elected by the shareholders, the Fabege AB's board of directors comprises two types of representatives: Fabege AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fabege. The board's role is to monitor Fabege AB's management team and ensure that shareholders' interests are well served. Fabege AB'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, Fabege AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Per Tyren | Head Sjstad | Profile | |
| Stefan Dahlbo | Pres CEO | Profile | |
| Charlotte Liliegren | DirectorHead Devel | Profile | |
| Gunilla Cornell | DirectorHead HR | Profile | |
| Oskar Skold | Head City | Profile |