FastPartner Correlations
| FPAR-A Stock | SEK 46.45 0.10 0.22% |
The current 90-days correlation between FastPartner AB and Dios Fastigheter AB is 0.67 (i.e., Poor diversification). The correlation of FastPartner 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.
FastPartner Correlation With Market
Average diversification
The correlation between FastPartner AB and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FastPartner AB and DJI in the same portfolio, assuming nothing else is changed.
FastPartner |
The ability to find closely correlated positions to FastPartner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FastPartner 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 FastPartner - 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 FastPartner AB to buy it.
Moving together with FastPartner Stock
Moving against FastPartner Stock
| 0.72 | VOLV-A | AB Volvo | PairCorr |
| 0.72 | VOLV-B | AB Volvo | PairCorr |
| 0.59 | SEB-A | Skandinaviska Enskilda | PairCorr |
| 0.55 | SEB-C | Skandinaviska Enskilda | PairCorr |
| 0.5 | SWED-A | Swedbank AB | PairCorr |
| 0.49 | SHB-A | Svenska Handelsbanken | PairCorr |
| 0.48 | SHB-B | Svenska Handelsbanken | PairCorr |
| 0.45 | ACRI-B | Acrinova AB Series | PairCorr |
| 0.4 | HOFI | Hoist Finance AB | PairCorr |
| 0.84 | VBG-B | VBG Group AB | PairCorr |
| 0.65 | SPRINT | Sprint Bioscience | PairCorr |
| 0.58 | WYLD | Wyld Networks AB Split | PairCorr |
| 0.52 | STE-R | Stora Enso Oyj | PairCorr |
| 0.45 | NCC-B | NCC AB | PairCorr |
| 0.44 | AZN | AstraZeneca PLC | PairCorr |
| 0.42 | LOYAL | Loyal Solutions AS | PairCorr |
| 0.41 | BOL | Boliden AB | PairCorr |
| 0.33 | SBOK | ScandBook Holding | PairCorr |
Related Correlations Analysis
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
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Risk-Adjusted Indicators
There is a big difference between FastPartner Stock performing well and FastPartner 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 FastPartner'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DIOS | 0.88 | 0.01 | (0.06) | 0.17 | 1.22 | 1.93 | 8.10 | |||
| SBB-B | 1.94 | (0.12) | 0.00 | (0.06) | 0.00 | 3.89 | 12.31 | |||
| SLP-B | 1.05 | 0.01 | (0.04) | 0.12 | 1.13 | 2.70 | 6.44 | |||
| PLAZ-B | 1.15 | 0.10 | 0.01 | 1.02 | 1.19 | 2.69 | 8.30 | |||
| STEF-B | 1.09 | 0.00 | (0.07) | 0.07 | 1.04 | 2.96 | 9.14 | |||
| CORE-B | 1.69 | 0.24 | 0.08 | (3.56) | 1.79 | 4.83 | 10.05 | |||
| EMIL-B | 1.42 | 0.20 | 0.07 | (1.87) | 1.32 | 3.89 | 7.29 | |||
| CIBUS | 0.86 | (0.20) | 0.00 | (0.69) | 0.00 | 1.94 | 5.58 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in FastPartner 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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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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FastPartner Corporate Management
Elected by the shareholders, the FastPartner's board of directors comprises two types of representatives: FastPartner inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FastPartner. The board's role is to monitor FastPartner's management team and ensure that shareholders' interests are well served. FastPartner'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, FastPartner's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daniel Gerlach | Chief Officer | Profile | |
| Sara Sigge | HR Director | Profile | |
| Ingela Brimberg | Controller | Profile | |
| Christopher Johansson | VP Director | Profile | |
| SvenOlof Johansson | CEO, Founder | Profile | |
| Svante Hedstrm | Head Projects | Profile |