Investec Correlations

Stocks . Germany . 
Stock . Investec Group
IVKA Stock  EUR 7.15  0.05  0.69%   
The current 90-days correlation between Investec Group and NISSIN FOODS HLDGS is -0.14 (i.e., Good diversification). The correlation of Investec 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.

Investec Correlation With Market

Poor diversification

The correlation between Investec Group and DJI is 0.62 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Investec Group and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Investec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Investec 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 Investec - 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 Investec Group to buy it.

Moving together with Investec Stock

  0.74MIZ MizunoPairCorr
  0.892I ROMERIKE SPAREBANKPairCorr
  0.78HCMA HITACHI CONSTRMACHADR/2PairCorr
  0.69BFP BBVA Banco FrancesPairCorr
  0.68YHA YamahaPairCorr
  0.62QIA QIAGEN NV SplitPairCorr
  0.87IHF Safestore Holdings plcPairCorr
  0.86WDC WESTERN DIGITALPairCorr
  0.81H3M Hochschild Mining plcPairCorr
  0.794OQ1 AGNC Investment CorpPairCorr
  0.9GZF Engie SAPairCorr
  0.76MM2 Mercator MedicalPairCorr
  0.86QBE QBE Insurance Group Earnings Call This WeekPairCorr
  0.62EUX EUWAX AktiengesellschaftPairCorr
  0.81GJ9 SLC Agricola SA SplitPairCorr
  0.77XSI Sanyo Chemical IndustriesPairCorr
  0.78ENI Eni SpAPairCorr
  0.916HS Horseshoe MetalsPairCorr
  0.72UUEC United UtilitiesPairCorr
  0.738SF SLIGRO FOOD GROUPPairCorr
  0.82VZ LEONARDO DRS INCPairCorr
  0.81AM8 AMAG Austria MetallPairCorr
  0.784HF Hoist Finance ABPairCorr
  0.722MF MOBILE FACTORY INCPairCorr
  0.82NEF NESTE OILPairCorr

Moving against Investec Stock

  0.81SON1 Sony Group CorpPairCorr
  0.545F3 JINS HOLDINGS INCPairCorr
  0.67DBPD Xtrackers ShortDAXPairCorr
  0.37SNB1 SOCKET MOBILE NEWPairCorr

Related Correlations Analysis


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

AZU
+ 0.35
NF2
0NH
+ 0.28
AZU
45P
+ 0.28
8P7
V2Q
+ 0.27
AZU
V2Q
+ 0.21
NF2
0NH
+ 0.07
NF2
  

High negative correlations

8P7
- 0.64
AZU
45P
- 0.61
AZU
V2Q
- 0.56
8P7
45P
- 0.44
NF2
8P7
- 0.39
NF2
8P7
- 0.33
0NH

Risk-Adjusted Indicators

There is a big difference between Investec Stock performing well and Investec 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 Investec'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Investec 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 Idea Analyzer Now

   

Idea Analyzer

Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
All  Next Launch Module

Investec Corporate Management

Elected by the shareholders, the Investec's board of directors comprises two types of representatives: Investec inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Investec. The board's role is to monitor Investec's management team and ensure that shareholders' interests are well served. Investec'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, Investec's outside directors are responsible for providing unbiased perspectives on the board's policies.
BA BAChief PlcProfile
BA LLBHead ClientsProfile
BSc BScGroup DirectorProfile
Mark BladonHead EstateProfile
Vincent LangloisHead AfricaProfile
Hugo SteynHead BusProfile
Setlogane ManchidiHead InvestmentProfile
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY