Hunter Group Correlations
| HUNT Stock | NOK 1.55 0.04 2.65% |
The current 90-days correlation between Hunter Group ASA and Okeanis Eco Tankers is 0.5 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hunter Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hunter Group ASA moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Hunter Group Correlation With Market
Significant diversification
The correlation between Hunter Group ASA and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hunter Group ASA and DJI in the same portfolio, assuming nothing else is changed.
Hunter |
The ability to find closely correlated positions to Hunter Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hunter Group 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 Hunter Group - 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 Hunter Group ASA to buy it.
Moving together with Hunter Stock
Moving against Hunter Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Hunter Stock performing well and Hunter Group 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 Hunter Group'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OET | 1.84 | (0.28) | 0.00 | (0.90) | 0.00 | 3.90 | 12.71 | |||
| FRO | 1.69 | (0.21) | 0.00 | (1.07) | 0.00 | 3.78 | 11.56 | |||
| BWLPG | 1.84 | (0.05) | 0.00 | 0.79 | 0.00 | 3.83 | 12.10 | |||
| FLNG | 1.17 | 0.00 | (0.04) | 0.09 | 1.31 | 2.35 | 6.03 | |||
| 2020 | 1.62 | (0.01) | (0.04) | 0.06 | 1.89 | 3.51 | 10.28 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hunter Group 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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Hunter Group Corporate Management
Elected by the shareholders, the Hunter Group's board of directors comprises two types of representatives: Hunter Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hunter. The board's role is to monitor Hunter Group's management team and ensure that shareholders' interests are well served. Hunter Group'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, Hunter Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sujoy Seal | Chief Officer | Profile | |
| Erik Frydendal | Chief Officer | Profile | |
| Lars Brynildsrud | Chief Officer | Profile | |
| Helge Hustoft | Chief AS | Profile |