Fingerprint Cards Correlations
| FING-B Stock | SEK 0.08 0.01 7.04% |
The current 90-days correlation between Fingerprint Cards and Integrum AB Series is 0.04 (i.e., Significant diversification). The correlation of Fingerprint Cards 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.
Fingerprint Cards Correlation With Market
Good diversification
The correlation between Fingerprint Cards AB and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fingerprint Cards AB and DJI in the same portfolio, assuming nothing else is changed.
Fingerprint |
The ability to find closely correlated positions to Fingerprint Cards could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fingerprint Cards 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 Fingerprint Cards - 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 Fingerprint Cards AB to buy it.
Moving against Fingerprint Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Fingerprint Stock performing well and Fingerprint Cards 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 Fingerprint Cards' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| INTEG-B | 2.47 | (1.17) | 0.00 | (1.17) | 0.00 | 4.30 | 40.33 | |||
| CNCJO-B | 2.01 | (0.34) | 0.00 | (8.20) | 0.00 | 4.00 | 16.16 | |||
| DIAH | 2.11 | (0.51) | 0.00 | (0.66) | 0.00 | 4.55 | 16.71 | |||
| GREAT | 4.68 | (0.57) | 0.00 | 2.04 | 0.00 | 13.18 | 32.38 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fingerprint Cards 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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Fingerprint Cards Corporate Management
Elected by the shareholders, the Fingerprint Cards' board of directors comprises two types of representatives: Fingerprint Cards inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fingerprint. The board's role is to monitor Fingerprint Cards' management team and ensure that shareholders' interests are well served. Fingerprint Cards' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fingerprint Cards' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Per Sundqvist | Chief Officer | Profile | |
| Gran Malm | Advisor Board | Profile | |
| Ted Hansson | Acting Officer | Profile | |
| Michel Roig | Pres Access | Profile | |
| Haiyuan Bu | PC Mobile | Profile | |
| Pontus Jgemalm | Chief Officer | Profile | |
| Thomas MSc | VP Projects | Profile |