Gecina SA Correlations

Stocks . Germany . 
Stock . Gecina SA
GI6A Stock  EUR 91.60  0.75  0.81%   
The current 90-days correlation between Gecina SA and NAKED WINES PLC is -0.04 (i.e., Good diversification). The correlation of Gecina SA 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.

Gecina SA Correlation With Market

Average diversification

The correlation between Gecina SA and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gecina SA and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Gecina SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gecina SA 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 Gecina SA - 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 Gecina SA to buy it.

Moving together with Gecina Stock

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Moving against Gecina Stock

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  0.87HBC2 HSBC Holdings plcPairCorr
  0.84LA3A Laureate EducationPairCorr
  0.84GKD Grand Canyon EducationPairCorr
  0.832T9A TRAINLINE PLC LSPairCorr
  0.82UF2 Sunstone Hotel InvestorsPairCorr
  0.82RHM Rheinmetall AGPairCorr
  0.81HSG The HongkongPairCorr
  0.8NTO NintendoPairCorr
  0.78A2X AAC TECHNOLOGHLDGADRPairCorr
  0.77HOU CenterPoint EnergyPairCorr
  0.7FQI Digital Realty TrustPairCorr
  0.7O2F ORIX JREIT INCPairCorr
  0.69GUG Guangdong InvestmentPairCorr
  0.67NH5 NH HOTEL GROUPPairCorr
  0.66KB9 KBC Ancora SCAPairCorr
  0.64ESY Easy Software AGPairCorr
  0.42SVM Sovereign MetalsPairCorr
  0.35VO7 Vornado Realty TrustPairCorr
  0.92TL0 Tesla Inc Earnings Call This WeekPairCorr
  0.8951A American Public EducationPairCorr
  0.87XSFA SENECA FOODS APairCorr
  0.86108 Sumitomo Rubber InduPairCorr
  0.86LID Alliance Data Systems Earnings Call TomorrowPairCorr
  0.82RC8 Royal Caribbean GroupPairCorr
  0.79SUI Sekisui Chemical Earnings Call This WeekPairCorr
  0.779EV EMBARK EDUCATION LTDPairCorr
  0.75SQE Strategic EducationPairCorr

Related Correlations Analysis

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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   
HAM
+ 0.85
US8
US8
+ 0.67
MWJ
HAM
+ 0.57
MWJ
I43
+ 0.45
G03
DFPP
+ 0.4
F2T
DFPP
+ 0.35
US8
  
High negative correlations   
I43
- 0.43
MWJ
I43
- 0.24
HAM
G03
- 0.24
F2T
DFPP
- 0.12
MWJ
I43
- 0.08
US8
I43
- 0.04
F2T

Risk-Adjusted Indicators

There is a big difference between Gecina Stock performing well and Gecina SA 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 Gecina SA'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Gecina SA 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.

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Gecina SA Corporate Management

Elected by the shareholders, the Gecina SA's board of directors comprises two types of representatives: Gecina SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gecina. The board's role is to monitor Gecina SA's management team and ensure that shareholders' interests are well served. Gecina SA'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, Gecina SA's outside directors are responsible for providing unbiased perspectives on the board's policies.
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