Huddly AS Correlations
| HDLY Stock | NOK 0.24 0.02 7.69% |
The current 90-days correlation between Huddly AS and Airthings ASA is 0.05 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Huddly AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Huddly AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Huddly AS Correlation With Market
Significant diversification
The correlation between Huddly AS and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Huddly AS and DJI in the same portfolio, assuming nothing else is changed.
Huddly |
The ability to find closely correlated positions to Huddly AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Huddly AS 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 Huddly AS - 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 Huddly AS to buy it.
Moving against Huddly Stock
Related Correlations Analysis
| 0.05 | -0.66 | 0.2 | 0.84 | PEXIP | ||
| 0.05 | -0.46 | 0.24 | 0.29 | AIRX | ||
| -0.66 | -0.46 | 0.05 | -0.6 | AKH | ||
| 0.2 | 0.24 | 0.05 | 0.35 | CAMBI | ||
| 0.84 | 0.29 | -0.6 | 0.35 | AGLX | ||
| 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
|
Risk-Adjusted Indicators
There is a big difference between Huddly Stock performing well and Huddly AS 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 Huddly AS'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PEXIP | 1.22 | 0.52 | 0.17 | (0.53) | 1.34 | 3.09 | 10.68 | |||
| AIRX | 2.41 | (0.01) | 0.00 | 0.14 | 0.00 | 7.44 | 20.40 | |||
| AKH | 2.69 | 0.11 | (0.01) | (0.11) | 4.42 | 4.97 | 20.34 | |||
| CAMBI | 1.81 | 0.06 | (0.02) | 2.89 | 2.33 | 4.17 | 11.20 | |||
| AGLX | 1.14 | 0.30 | 0.12 | (1.42) | 1.02 | 2.74 | 8.28 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Huddly AS 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?
Run Sync Your Broker Now
Sync Your BrokerSync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |
| All Next | Launch Module |
Huddly AS Corporate Management
Elected by the shareholders, the Huddly AS's board of directors comprises two types of representatives: Huddly AS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Huddly. The board's role is to monitor Huddly AS's management team and ensure that shareholders' interests are well served. Huddly AS'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, Huddly AS's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Fraser Park | VP Strategics | Profile | |
| Fredrik Woxen | Chief Officer | Profile | |
| Cecilia Orheim | Head HR | Profile | |
| Vegard Hammer | Chief Officer | Profile | |
| Ragnar Kjos | Chief Officer | Profile | |
| Daniel Johansson | Chief Officer | Profile |