Montea Comm Correlations
| M8E Stock | EUR 63.40 0.20 0.31% |
The current 90-days correlation between Montea Comm VA and GLADSTONE LAND L 001 is -0.07 (i.e., Good diversification). The correlation of Montea Comm 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.
Montea Comm Correlation With Market
Good diversification
The correlation between Montea Comm VA and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Montea Comm VA and DJI in the same portfolio, assuming nothing else is changed.
Montea |
The ability to find closely correlated positions to Montea Comm could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Montea Comm 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 Montea Comm - 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 Montea Comm VA to buy it.
Moving together with Montea Stock
Moving against Montea Stock
| 0.93 | 7SU | Summit Materials | PairCorr |
| 0.9 | BN9 | The Bank | PairCorr |
| 0.85 | 8II | PLAYTIKA HOLDING | PairCorr |
| 0.84 | SAP | SAP SE | PairCorr |
| 0.71 | E6Q | GOLD ROAD RES | PairCorr |
| 0.64 | UF2 | Sunstone Hotel Investors | PairCorr |
| 0.56 | TF7A | Tyson Foods | PairCorr |
| 0.51 | E908 | Lyxor 1 | PairCorr |
| 0.46 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.34 | J2E | Jupiter Energy | PairCorr |
Related Correlations Analysis
| 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 Montea Stock performing well and Montea Comm 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 Montea Comm'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FG8 | 1.02 | (0.08) | 0.00 | (0.51) | 0.00 | 1.90 | 5.49 | |||
| 3I0 | 1.28 | (0.13) | 0.00 | 0.31 | 0.00 | 2.06 | 12.13 | |||
| UK8 | 0.90 | (0.12) | 0.00 | 2.94 | 0.00 | 1.80 | 5.16 | |||
| F5W | 0.84 | 0.01 | (0.09) | 0.04 | 0.99 | 1.66 | 4.94 | |||
| WPHB | 1.11 | (0.35) | 0.00 | 9.44 | 0.00 | 1.97 | 7.52 | |||
| 4GC | 1.22 | (0.14) | 0.00 | (0.02) | 0.00 | 2.24 | 10.53 | |||
| M8E | 1.07 | (0.35) | 0.00 | 5.24 | 0.00 | 1.91 | 6.40 | |||
| 3L4 | 1.18 | (0.24) | 0.00 | (0.35) | 0.00 | 2.35 | 7.18 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Montea Comm 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 Premium Stories Now
Premium StoriesFollow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |
| All Next | Launch Module |
Montea Comm Corporate Management
Elected by the shareholders, the Montea Comm's board of directors comprises two types of representatives: Montea Comm inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Montea. The board's role is to monitor Montea Comm's management team and ensure that shareholders' interests are well served. Montea Comm'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, Montea Comm's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Steven Claes | Chief Officer | Profile | |
| Peter Demuynck | Chief Innovation | Profile | |
| Christine Glas | Communication Mang | Profile | |
| Jorg Heirman | S Gen | Profile | |
| Jo BVBA | CEO MD | Profile | |
| Dirk Pauw | Chairman | Profile | |
| Els Vervaecke | Chief Officer | Profile |