HAL Trust Correlations
| HAL Stock | EUR 166.00 6.20 3.88% |
The current 90-days correlation between HAL Trust and Aegon NV is 0.15 (i.e., Average diversification). The correlation of HAL Trust 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.
HAL Trust Correlation With Market
Poor diversification
The correlation between HAL Trust and DJI is 0.79 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding HAL Trust and DJI in the same portfolio, assuming nothing else is changed.
HAL |
The ability to find closely correlated positions to HAL Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HAL Trust 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 HAL Trust - 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 HAL Trust to buy it.
Moving together with HAL Stock
| 0.96 | MT | ArcelorMittal SA | PairCorr |
| 0.93 | SBMO | SBM Offshore NV | PairCorr |
| 0.94 | ASML | ASML Holding NV | PairCorr |
| 0.72 | GLPG | Galapagos NV Earnings Call This Week | PairCorr |
| 0.67 | PHIA | Koninklijke Philips | PairCorr |
| 0.64 | AKZA | Akzo Nobel NV | PairCorr |
| 0.9 | SIFG | Sif Holding NV | PairCorr |
| 0.89 | PBH | Stern Groep NV | PairCorr |
| 0.77 | HEIJM | Koninklijke Heijmans | PairCorr |
| 0.91 | GOLD | Amundi Physical Gold | PairCorr |
| 0.74 | KPN | Koninklijke KPN NV | PairCorr |
| 0.97 | FFARM | ForFarmers NV Earnings Call This Week | PairCorr |
| 0.9 | ASM | ASM International | PairCorr |
| 0.92 | FERGR | Ferrari Group PLC | PairCorr |
| 0.71 | ASRNL | ASR Nederland NV Earnings Call Tomorrow | PairCorr |
| 0.87 | BESI | BE Semiconductor Ind Earnings Call This Week | PairCorr |
| 0.95 | FUR | Fugro NV | PairCorr |
| 0.8 | INGA | ING Groep NV | PairCorr |
| 0.83 | NN | NN Group NV | PairCorr |
| 0.87 | SLIGR | Sligro Food Group | PairCorr |
| 0.86 | APAM | Aperam SA | PairCorr |
| 0.91 | SGLD | Invesco Physical Gold | PairCorr |
Moving against HAL Stock
Related Correlations Analysis
| 0.69 | 0.38 | 0.65 | -0.31 | -0.1 | ALLFG | ||
| 0.69 | 0.22 | 0.41 | -0.58 | -0.18 | FLOW | ||
| 0.38 | 0.22 | 0.51 | 0.24 | 0.21 | VLK | ||
| 0.65 | 0.41 | 0.51 | -0.15 | -0.3 | ECT | ||
| -0.31 | -0.58 | 0.24 | -0.15 | 0.11 | LVIDE | ||
| -0.1 | -0.18 | 0.21 | -0.3 | 0.11 | AGN | ||
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 HAL Stock performing well and HAL Trust 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 HAL Trust'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ALLFG | 1.25 | 0.36 | 0.27 | 0.77 | 0.73 | 2.24 | 24.74 | |||
| FLOW | 0.99 | 0.12 | 0.05 | 0.44 | 1.38 | 2.19 | 7.91 | |||
| VLK | 0.94 | (0.06) | 0.00 | (0.93) | 0.00 | 1.96 | 8.43 | |||
| ECT | 3.63 | 0.62 | 0.10 | 9.95 | 3.75 | 10.00 | 41.84 | |||
| LVIDE | 1.43 | (0.14) | 0.00 | (3.98) | 0.00 | 4.08 | 8.00 | |||
| AGN | 1.27 | (0.05) | 0.00 | (0.13) | 0.00 | 2.33 | 12.32 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in HAL Trust 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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HAL Trust Corporate Management
Elected by the shareholders, the HAL Trust's board of directors comprises two types of representatives: HAL Trust inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HAL. The board's role is to monitor HAL Trust's management team and ensure that shareholders' interests are well served. HAL Trust'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, HAL Trust's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Arie Hof | CFO NV | Profile | |
| Jaap Wiechen | Member NV | Profile | |
| Melchert Groot | Chairman NV | Profile | |
| J Wiechen | Member NV | Profile |