IMCD NV Correlations
| IMCDY Stock | USD 75.55 1.20 1.56% |
The current 90-days correlation between IMCD NV and Teleperformance PK is 0.06 (i.e., Significant diversification). The correlation of IMCD NV 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.
IMCD NV Correlation With Market
Significant diversification
The correlation between IMCD NV and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding IMCD NV and DJI in the same portfolio, assuming nothing else is changed.
IMCD |
The ability to find closely correlated positions to IMCD NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IMCD NV 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 IMCD NV - 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 IMCD NV to buy it.
Moving together with IMCD OTC Stock
| 0.87 | PFE | Pfizer Inc Buyout Trend | PairCorr |
Moving against IMCD OTC Stock
| 0.88 | CSCO | Cisco Systems | PairCorr |
| 0.87 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.86 | FSTF | First State Financial | PairCorr |
| 0.73 | NVDA | NVIDIA | PairCorr |
| 0.67 | AMZN | Amazon Inc Aggressive Push | PairCorr |
| 0.53 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
| 0.46 | AAPL | Apple Inc Aggressive Push | PairCorr |
| 0.31 | META | Meta Platforms | PairCorr |
| 0.92 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.9 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.86 | DIS | Walt Disney | PairCorr |
| 0.83 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.81 | AA | Alcoa Corp Sell-off Trend | PairCorr |
| 0.81 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.76 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.45 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
Related Correlations Analysis
| 0.67 | 0.86 | 0.61 | 0.19 | TLPFY | ||
| 0.67 | 0.77 | 0.87 | 0.66 | BVVBY | ||
| 0.86 | 0.77 | 0.74 | 0.39 | LGRDY | ||
| 0.61 | 0.87 | 0.74 | 0.71 | NRILY | ||
| 0.19 | 0.66 | 0.39 | 0.71 | NCBDY | ||
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Risk-Adjusted Indicators
There is a big difference between IMCD OTC Stock performing well and IMCD NV OTC Stock 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 IMCD NV'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TLPFY | 1.87 | (0.41) | 0.00 | 30.06 | 0.00 | 2.91 | 16.09 | |||
| BVVBY | 0.97 | (0.10) | 0.00 | 1.61 | 0.00 | 1.76 | 6.86 | |||
| LGRDY | 1.06 | (0.17) | 0.00 | 0.68 | 0.00 | 1.75 | 9.17 | |||
| NRILY | 1.46 | (0.26) | 0.00 | (0.76) | 0.00 | 3.51 | 9.74 | |||
| NCBDY | 1.63 | 0.10 | 0.03 | 0.48 | 1.94 | 2.76 | 11.84 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in IMCD NV 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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IMCD NV Corporate Management
Elected by the shareholders, the IMCD NV's board of directors comprises two types of representatives: IMCD NV inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IMCD. The board's role is to monitor IMCD NV's management team and ensure that shareholders' interests are well served. IMCD NV'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, IMCD NV's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Pieter Slikke | CEO Board | Profile | |
| Marcus Jordan | COO Board | Profile | |
| Olivier Champault | Pres Materials | Profile | |
| Swapna Kattewar | Head Centre | Profile | |
| Hans Kooijmans | CFO Board | Profile |