HUDSON GLOBAL Correlations
| HDH1 Stock | EUR 13.30 0.10 0.75% |
The current 90-days correlation between HUDSON GLOBAL INCDL and Jupiter Fund Management is 0.19 (i.e., Average diversification). The correlation of HUDSON GLOBAL 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.
HUDSON |
The ability to find closely correlated positions to HUDSON GLOBAL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HUDSON GLOBAL 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 HUDSON GLOBAL - 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 HUDSON GLOBAL INCDL 001 to buy it.
Moving together with HUDSON Stock
Moving against HUDSON Stock
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| 0.53 | APC | Apple Inc | PairCorr |
| 0.53 | APC | Apple Inc | PairCorr |
| 0.53 | APC | Apple Inc | PairCorr |
| 0.52 | APC | Apple Inc | PairCorr |
| 0.51 | APC | Apple Inc | PairCorr |
| 0.5 | APC | Apple Inc | PairCorr |
| 0.34 | 6WT | TONGDAO LIEPGR DL | PairCorr |
| 0.81 | 788 | Coupang | PairCorr |
| 0.77 | BN9 | Bank of New York Mellon | PairCorr |
| 0.7 | MSF | Microsoft | PairCorr |
| 0.68 | CM2 | CAL MAINE FOODS | PairCorr |
| 0.67 | 9MD | Meituan Earnings Call This Week | PairCorr |
| 0.66 | UF3 | UFP Industries | PairCorr |
| 0.62 | WN6 | CarsalesCom | PairCorr |
| 0.61 | IUI1 | INTUITIVE SURGICAL | PairCorr |
| 0.59 | ZFI1 | Zurich Insurance | PairCorr |
| 0.53 | 59M | MSAD INSURANCE | PairCorr |
| 0.47 | AHLA | Alibaba Group Holdings | PairCorr |
| 0.42 | IHCB | SBM OFFSHORE | PairCorr |
| 0.39 | 9PDA | Pinduoduo Earnings Call This Week | PairCorr |
| 0.76 | ZFI1 | ZURICH INSURANCE | PairCorr |
| 0.75 | RF6 | CBRE Group Class | PairCorr |
| 0.74 | SAP | SAP SE | PairCorr |
| 0.74 | AF4 | Hanover Insurance | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 HUDSON Stock performing well and HUDSON GLOBAL 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 HUDSON GLOBAL'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TG9 | 1.52 | 0.04 | (0.04) | (1.11) | 1.84 | 3.37 | 11.50 | |||
| TIA | 1.94 | 0.24 | 0.02 | (0.74) | 2.37 | 3.23 | 23.04 | |||
| BKHT | 1.47 | (0.24) | 0.00 | 4.56 | 0.00 | 2.81 | 12.48 | |||
| 4JF | 1.45 | 0.00 | 0.00 | 0.15 | 0.00 | 4.21 | 11.79 | |||
| CMR | 1.49 | 0.12 | (0.01) | (0.35) | 1.99 | 5.74 | 17.78 | |||
| NPS | 1.34 | (0.10) | 0.00 | (0.08) | 0.00 | 3.28 | 7.97 | |||
| HZ8 | 1.73 | (0.08) | (0.05) | 0.00 | 2.24 | 4.07 | 10.25 | |||
| BON | 1.04 | (0.14) | 0.00 | (0.45) | 0.00 | 2.14 | 6.47 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in HUDSON GLOBAL 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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HUDSON GLOBAL Corporate Management
Elected by the shareholders, the HUDSON GLOBAL's board of directors comprises two types of representatives: HUDSON GLOBAL inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HUDSON. The board's role is to monitor HUDSON GLOBAL's management team and ensure that shareholders' interests are well served. HUDSON GLOBAL'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, HUDSON GLOBAL's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mimi Drake | Independent Director | Profile | |
| Connia Nelson | Independent Director | Profile | |
| Matthew Diamond | Principal Financial Officer | Profile | |
| Alan Bazaar | Independent Director | Profile | |
| Richard Coleman | Independent Director | Profile | |
| Ian Nash | Independent Director | Profile |