Flexopack Socit Correlations
FLEXO Stock | EUR 8.20 0.05 0.61% |
The current 90-days correlation between Flexopack Socit Anonyme and VIS Containers Manufacturing is 0.05 (i.e., Significant diversification). The correlation of Flexopack Socit 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.
Flexopack Socit Correlation With Market
Good diversification
The correlation between Flexopack Socit Anonyme and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Flexopack Socit Anonyme and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Flexopack Socit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flexopack Socit 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 Flexopack Socit - 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 Flexopack Socit Anonyme to buy it.
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Flexopack Socit Corporate Management
Elected by the shareholders, the Flexopack Socit's board of directors comprises two types of representatives: Flexopack Socit inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Flexopack. The board's role is to monitor Flexopack Socit's management team and ensure that shareholders' interests are well served. Flexopack Socit'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, Flexopack Socit's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stamatina Ginosati | Vice Chairman | Profile | |
Vasilis Kyrou | Sales Director | Profile | |
Dimitrios Ginosatis | First Director | Profile | |
Asimina Ginosati | Ex Director | Profile | |
Stamatios Ginosatis | CEO Director | Profile | |
Zois Zaverdinos | Head Accountant | Profile | |
Spyridon Ginosatis | Second Director | Profile |