Kiriacoulis Mediterranean Correlations

KYRI Stock

EUR 0.92 0.04 4.55%

The current 90-days correlation between Kiriacoulis Mediterranean and CPI Computer Peripherals is 0.15 (i.e., Average diversification). The correlation of Kiriacoulis Mediterranean 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.

Kiriacoulis Mediterranean Correlation With Market

Good diversification

The correlation between Kiriacoulis Mediterranean Crui and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kiriacoulis Mediterranean Crui and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Kiriacoulis Mediterranean could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kiriacoulis Mediterranean 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 Kiriacoulis Mediterranean - 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 Kiriacoulis Mediterranean Cruises to buy it.

Moving together with Kiriacoulis Stock

0.89	ASCO	As Commercial Industrial	Pair Corr
0.84	DOPPLER	Doppler SA	Pair Corr
0.72	AAAK	Wool Industry Tria	Pair Corr
0.85	KEKR	Kekrops SA	Pair Corr
0.83	DIMAND	Dimand SA	Pair Corr
0.66	OPAP	Greek Organization	Pair Corr

Moving against Kiriacoulis Stock

0.91	TENERGY	Terna Energy Societe	Pair Corr
0.76	ADMIE	Admie Holding SA	Pair Corr
0.47	BELA	Jumbo SA	Pair Corr
0.31	VIDAVO	VIDAVO SA	Pair Corr

Related Correlations Analysis

	IATR	PLAT	KARE	CPI	DAIOS	PROF	INLIF
IATR		0.68	-0.23	0.49	-0.31	-0.61	0.69	IATR
PLAT	0.68		-0.28	0.16	-0.08	-0.47	0.56	PLAT
KARE	-0.23	-0.28		-0.23	0.43	-0.16	-0.62	KARE
CPI	0.49	0.16	-0.23		-0.76	-0.3	0.73	CPI
DAIOS	-0.31	-0.08	0.43	-0.76		0.21	-0.69	DAIOS
PROF	-0.61	-0.47	-0.16	-0.3	0.21		-0.4	PROF
INLIF	0.69	0.56	-0.62	0.73	-0.69	-0.4		INLIF
	IATR	PLAT	KARE	CPI	DAIOS	PROF	INLIF

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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

INLIF	+ 0.73	CPI
INLIF	+ 0.69	IATR
PLAT	+ 0.68	IATR
INLIF	+ 0.56	PLAT
CPI	+ 0.49	IATR
DAIOS	+ 0.43	KARE

High negative correlations

DAIOS	- 0.76	CPI
INLIF	- 0.69	DAIOS
INLIF	- 0.62	KARE
PROF	- 0.61	IATR
PROF	- 0.47	PLAT
INLIF	- 0.4	PROF

Risk-Adjusted Indicators

There is a big difference between Kiriacoulis Stock performing well and Kiriacoulis Mediterranean 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 Kiriacoulis Mediterranean'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
IATR	1.06	(0.06)	0.00	(0.07)	0.00	0.00	2.70	(2.61)	9.13
PLAT	0.80	0.01	(0.09)	(0.11)	0.81	(1.11)	1.89	(1.36)	6.51
KARE	0.67	0.02	(0.06)	0.02	0.84	(1.47)	1.83	(1.84)	5.28
CPI	1.75	(0.30)	0.00	1.18	0.00	0.00	3.28	(3.77)	11.54
DAIOS	1.90	0.20	0.02	1.13	2.50	(5.92)	7.36	(6.56)	17.31
PROF	1.22	0.11	0.02	3.02	1.23	(1.47)	3.07	(1.73)	9.34
INLIF	0.74	(0.23)	0.00	(1.07)	0.00	0.00	1.44	(2.03)	6.76

Be your own money manager

Our tools can tell you how much better you can do entering a position in Kiriacoulis Mediterranean 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.

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