AP Mller Correlations
| MAERSK-B | DKK 11,850 440.00 3.58% |
The current 90-days correlation between AP Mller and Danske Bank AS is 0.47 (i.e., Very weak diversification). The correlation of AP Mller 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.
AP Mller Correlation With Market
Very good diversification
The correlation between AP Mller and DJI is -0.23 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AP Mller and DJI in the same portfolio, assuming nothing else is changed.
MAERSK-B |
The ability to find closely correlated positions to AP Mller could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AP Mller 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 AP Mller - 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 AP Mller to buy it.
Moving together with MAERSK-B Stock
Moving against MAERSK-B Stock
| 0.68 | CARL-B | Carlsberg AS | PairCorr |
| 0.62 | NOVO-B | Novo Nordisk AS | PairCorr |
| 0.59 | TRMD-A | TORM plc | PairCorr |
| 0.55 | JYSK | Jyske Bank AS | PairCorr |
| 0.33 | ORSTED | Orsted AS | PairCorr |
| 0.31 | ERRIA | Erria AS | PairCorr |
Related Correlations Analysis
| -0.56 | 0.21 | 0.13 | 0.34 | DANSKE | ||
| -0.56 | 0.33 | -0.65 | -0.81 | DSV | ||
| 0.21 | 0.33 | -0.57 | -0.48 | MAERSK-A | ||
| 0.13 | -0.65 | -0.57 | 0.83 | VWS | ||
| 0.34 | -0.81 | -0.48 | 0.83 | BAVA | ||
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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
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Risk-Adjusted Indicators
There is a big difference between MAERSK-B Stock performing well and AP Mller 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 AP Mller'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DANSKE | 0.85 | 0.00 | (0.07) | 0.12 | 1.08 | 1.39 | 5.71 | |||
| DSV | 1.16 | 0.26 | 0.19 | 0.77 | 0.80 | 2.66 | 12.28 | |||
| MAERSK-A | 1.92 | 0.30 | 0.06 | (0.26) | 2.11 | 3.84 | 14.30 | |||
| VWS | 2.01 | (0.51) | 0.00 | 0.58 | 0.00 | 3.32 | 17.28 | |||
| BAVA | 2.19 | (0.33) | 0.00 | (2.00) | 0.00 | 3.52 | 27.67 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in AP Mller 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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AP Mller Corporate Management
Elected by the shareholders, the AP Mller's board of directors comprises two types of representatives: AP Mller inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MAERSK-B. The board's role is to monitor AP Mller's management team and ensure that shareholders' interests are well served. AP Mller'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, AP Mller's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Caroline Pontoppidan | Gen VP | Profile | |
| Susana Elvira | Chief Officer | Profile | |
| LarsErik Brenoe | Ex VP | Profile | |
| Signe Wagner | Head Relations | Profile | |
| Sarah Spray | Head Relations | Profile | |
| Soren Skou | CEO CEO | Profile | |
| Patrick Jany | CFO VP | Profile |