Geberit AG Correlations
| GBERY Stock | USD 59.34 0.54 0.92% |
The current 90-days correlation between Geberit AG ADR and DSV Panalpina AS is 0.04 (i.e., Significant diversification). The correlation of Geberit AG 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.
Geberit AG Correlation With Market
Good diversification
The correlation between Geberit AG ADR and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Geberit AG ADR and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Geberit AG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Geberit AG 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 Geberit AG - 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 Geberit AG ADR to buy it.
Moving together with Geberit Pink Sheet
| 0.8 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.67 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.61 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.87 | BKRKY | Bank Rakyat | PairCorr |
| 0.67 | PBCRY | Bank Central Asia | PairCorr |
| 0.66 | SHG | Shinhan Financial | PairCorr |
Moving against Geberit Pink Sheet
| 0.79 | CODGF | Compagnie de Saint | PairCorr |
| 0.69 | KB | KB Financial Group | PairCorr |
| 0.63 | JCI | Johnson Controls Int Sell-off Trend | PairCorr |
| 0.56 | TT | Trane Technologies plc | PairCorr |
| 0.39 | LII | Lennox International | PairCorr |
| 0.83 | KMI | Kinder Morgan Sell-off Trend | PairCorr |
| 0.82 | SRRK | Scholar Rock Holding Trending | PairCorr |
| 0.82 | BLTE | Belite Bio ADR | PairCorr |
| 0.7 | GEV | GE Vernova LLC Potential Growth | PairCorr |
| 0.69 | UEC | Uranium Energy Corp Sell-off Trend | PairCorr |
| 0.68 | LYFT | LYFT Inc Aggressive Push | PairCorr |
| 0.65 | DELL | Dell Technologies | PairCorr |
| 0.61 | FBNC | First Bancorp Normal Trading | PairCorr |
| 0.43 | ACTHF | Aduro Clean Technologies | PairCorr |
| 0.32 | AAGFF | Aftermath Silver Earnings Call Today | PairCorr |
| 0.32 | JD | JD Inc Adr Aggressive Push | PairCorr |
| 0.79 | MRVL | Marvell Technology Earnings Call Today | PairCorr |
| 0.77 | NVDA | NVIDIA | PairCorr |
| 0.71 | MCS | Marcus | PairCorr |
| 0.69 | DGHI | Digihost Technology | PairCorr |
Related Correlations Analysis
| -0.2 | -0.23 | -0.75 | 0.15 | DSDVY | ||
| -0.2 | 0.95 | 0.72 | 0.82 | SGSOY | ||
| -0.23 | 0.95 | 0.72 | 0.74 | GVDNY | ||
| -0.75 | 0.72 | 0.72 | 0.37 | KHNGY | ||
| 0.15 | 0.82 | 0.74 | 0.37 | LGRDY | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Geberit Pink Sheet performing well and Geberit AG 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 Geberit AG'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DSDVY | 1.17 | 0.20 | 0.06 | (3.35) | 0.99 | 2.64 | 11.61 | |||
| SGSOY | 0.87 | (0.20) | 0.00 | (4.68) | 0.00 | 1.55 | 7.55 | |||
| GVDNY | 0.91 | (0.20) | 0.00 | (1.55) | 0.00 | 1.68 | 8.11 | |||
| KHNGY | 0.92 | (0.41) | 0.00 | 16.47 | 0.00 | 1.29 | 7.02 | |||
| LGRDY | 1.11 | (0.13) | 0.00 | 1.10 | 0.00 | 1.75 | 9.17 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Geberit AG 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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Geberit AG Corporate Management
| Ronald Triest | Member of the Executive Board, Head of Group Division Sales International | Profile | |
| Martin Ziegler | Member of the Executive Board, Head of Group Division Operations | Profile | |
| Tobias Knechtle | Head CFO | Profile | |
| Clemens Rapp | Head Board | Profile | |
| Andreas Lange | Head Quality | Profile | |
| Roman Sidler | Head Corporate Communications & Investor Relations | Profile |