ForFarmers Correlations
| FFARM Stock | EUR 6.45 0.62 10.63% |
The current 90-days correlation between ForFarmers NV and Koninklijke Heijmans NV is 0.05 (i.e., Significant diversification). The correlation of ForFarmers 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.
ForFarmers Correlation With Market
Poor diversification
The correlation between ForFarmers NV and DJI is 0.75 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ForFarmers NV and DJI in the same portfolio, assuming nothing else is changed.
ForFarmers |
The ability to find closely correlated positions to ForFarmers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ForFarmers 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 ForFarmers - 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 ForFarmers NV to buy it.
Moving together with ForFarmers Stock
| 0.95 | SBMO | SBM Offshore NV Earnings Call This Week | PairCorr |
| 0.91 | CRBN | Corbion NV Earnings Call This Week | PairCorr |
| 0.95 | MT | ArcelorMittal SA | PairCorr |
| 0.63 | GLPG | Galapagos NV Earnings Call This Week | PairCorr |
| 0.94 | ASML | ASML Holding NV | PairCorr |
| 0.83 | APAM | Aperam SA | PairCorr |
| 0.93 | SGLD | Invesco Physical Gold | PairCorr |
| 0.73 | BFIT | Basic Fit NV | PairCorr |
| 0.75 | KPN | Koninklijke KPN NV | PairCorr |
| 0.75 | INGA | ING Groep NV | PairCorr |
| 0.83 | NRP | NEPI Rockcastle PLC Earnings Call This Week | PairCorr |
| 0.91 | ACOMO | Amsterdam Commodities | PairCorr |
| 0.87 | BESI | BE Semiconductor Ind | PairCorr |
| 0.9 | ASM | ASM International | PairCorr |
| 0.85 | SLIGR | Sligro Food Group | PairCorr |
| 0.78 | HEIJM | Koninklijke Heijmans | PairCorr |
| 0.92 | GOLD | Amundi Physical Gold | PairCorr |
| 0.88 | FERGR | Ferrari Group PLC Earnings Call This Week | PairCorr |
| 0.8 | NN | NN Group NV | PairCorr |
| 0.68 | ASRNL | ASR Nederland NV | PairCorr |
| 0.89 | PBH | Stern Groep NV | PairCorr |
| 0.96 | FUR | Fugro NV Earnings Call This Week | PairCorr |
| 0.9 | SIFG | Sif Holding NV | PairCorr |
| 0.97 | HAL | HAL Trust | PairCorr |
| 0.67 | WHA | Wereldhave NV | PairCorr |
Moving against ForFarmers Stock
Related Correlations Analysis
| 0.88 | 0.64 | 0.82 | 0.69 | HEIJM | ||
| 0.88 | 0.81 | 0.73 | 0.88 | ACOMO | ||
| 0.64 | 0.81 | 0.56 | 0.83 | FLOW | ||
| 0.82 | 0.73 | 0.56 | 0.65 | BAMNB | ||
| 0.69 | 0.88 | 0.83 | 0.65 | PNL | ||
Risk-Adjusted Indicators
There is a big difference between ForFarmers Stock performing well and ForFarmers 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 ForFarmers' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HEIJM | 1.92 | 0.80 | 0.42 | (1.21) | 1.05 | 5.02 | 14.42 | |||
| ACOMO | 0.71 | 0.19 | 0.17 | 1.07 | 0.44 | 2.14 | 5.10 | |||
| FLOW | 1.02 | 0.18 | 0.09 | 0.54 | 1.34 | 2.53 | 7.91 | |||
| BAMNB | 1.51 | 0.40 | 0.18 | (2.30) | 1.47 | 4.27 | 10.07 | |||
| PNL | 1.39 | 0.29 | 0.13 | 23.28 | 1.32 | 3.96 | 13.17 |
Be your own money manager
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ForFarmers Corporate Management
Elected by the shareholders, the ForFarmers' board of directors comprises two types of representatives: ForFarmers inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ForFarmers. The board's role is to monitor ForFarmers' management team and ensure that shareholders' interests are well served. ForFarmers' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ForFarmers' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Pawel Swierkula | Managing ForFarmersTasomix | Profile | |
| Roeland Tjebbes | CFO Board | Profile | |
| Chris Deen | Ex Officer | Profile | |
| Roel Haeren | Managing CirQlar | Profile | |
| Ernst Friedlaender | Managing Germany | Profile |