Münchener Rück Correlations

MUV2 Stock

EUR 534.40 5.20 0.98%

The current 90-days correlation between Mnchener Rck AG and PT Bank Central is -0.03 (i.e., Good diversification). The correlation of Münchener Rück 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.

Münchener Rück Correlation With Market

Very good diversification

The correlation between Mnchener Rck AG and DJI is -0.44 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mnchener Rck AG and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Münchener Rück could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Münchener Rück 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 Münchener Rück - 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 Mnchener Rck AG to buy it.

Moving against Münchener Stock

0.77	IHF	Safestore Holdings plc	Pair Corr
0.68	2X0	Corteva	Pair Corr
0.65	AM8	AMAG Austria Metall	Pair Corr
0.58	WWR	Woolworths Group	Pair Corr
0.56	943	FREY EO 250	Pair Corr
0.53	FJZB	ZIJIN MINH UNSPADR20	Pair Corr
0.51	WDC	WESTERN DIGITAL	Pair Corr
0.5	4HF	Hoist Finance AB	Pair Corr
0.49	4FU	Alsea SAB de	Pair Corr
0.48	QBE	QBE Insurance Group	Pair Corr
0.43	WMT	Walmart Earnings Call This Week	Pair Corr
0.41	WMT	Walmart Earnings Call This Week	Pair Corr
0.41	2MF	MOBILE FACTORY INC	Pair Corr
0.36	ARW	Arrow Electronics	Pair Corr
0.79	QIA	QIAGEN NV Split	Pair Corr
0.75	2VZ	LEONARDO DRS INC	Pair Corr
0.75	YBB	CARNAVALE RES Split	Pair Corr
0.73	1NX	SANOK RUBBER ZY	Pair Corr
0.73	RWE	RWE AG	Pair Corr
0.72	GCB	PTT Global Chemical Earnings Call This Week	Pair Corr
0.71	CU3	Cohu Inc Earnings Call Today	Pair Corr
0.7	GJ9	SLC Agricola SA Split	Pair Corr
0.69	LUS1	Lang Schwarz Aktieng	Pair Corr

Related Correlations Analysis

	SSUN	SSU	SSU	SSUN	BZG2	BZG2	BZG2	BYRA	BYRA	BYRA
SSUN		0.98	0.99	0.98	-0.73	-0.79	-0.11	0.33	-0.68	-0.1	SSUN
SSU	0.98		0.98	0.99	-0.71	-0.76	-0.06	0.35	-0.7	-0.06	SSU
SSU	0.99	0.98		0.97	-0.72	-0.76	-0.08	0.35	-0.67	-0.09	SSU
SSUN	0.98	0.99	0.97		-0.7	-0.76	-0.07	0.34	-0.69	-0.06	SSUN
BZG2	-0.73	-0.71	-0.72	-0.7		0.77	0.2	-0.28	0.5	0.13	BZG2
BZG2	-0.79	-0.76	-0.76	-0.76	0.77		0.32	-0.28	0.68	0.11	BZG2
BZG2	-0.11	-0.06	-0.08	-0.07	0.2	0.32		0.21	0.31	0.71	BZG2
BYRA	0.33	0.35	0.35	0.34	-0.28	-0.28	0.21		-0.2	0.11	BYRA
BYRA	-0.68	-0.7	-0.67	-0.69	0.5	0.68	0.31	-0.2		0.31	BYRA
BYRA	-0.1	-0.06	-0.09	-0.06	0.13	0.11	0.71	0.11	0.31		BYRA
	SSUN	SSU	SSU	SSUN	BZG2	BZG2	BZG2	BYRA	BYRA	BYRA

Please upgrade your account to get full access to Macroaxis premium features

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

SSU	+ 0.99	SSUN
SSUN	+ 0.99	SSU
SSU	+ 0.98	SSUN
SSUN	+ 0.98	SSUN
SSU	+ 0.98	SSU
SSUN	+ 0.97	SSU

High negative correlations

BZG2	- 0.79	SSUN
BZG2	- 0.76	SSUN
BZG2	- 0.76	SSU
BZG2	- 0.76	SSU
BZG2	- 0.73	SSUN
BZG2	- 0.72	SSU

Risk-Adjusted Indicators

There is a big difference between Münchener Stock performing well and Münchener Rück 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 Münchener Rück'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
SSUN	2.65	0.53	0.15	0.64	2.76	(3.10)	6.24	(4.93)	13.83
SSU	2.99	0.58	0.18	0.90	2.86	(3.73)	7.66	(5.10)	15.03
SSU	2.92	0.65	0.20	0.76	2.63	(3.83)	6.22	(4.11)	15.50
SSUN	2.61	0.50	0.14	1.39	2.69	(2.89)	6.04	(5.31)	14.94
BZG2	2.43	(0.11)	0.00	(0.30)	0.00	0.00	7.14	(6.82)	20.00
BZG2	0.62	(0.17)	0.00	(0.42)	0.00	0.00	0.00	(2.44)	9.09
BZG2	0.66	(0.09)	0.00	(0.37)	0.00	0.00	2.56	(2.50)	5.26
BYRA	4.23	0.11	0.01	0.25	4.59	(7.93)	11.11	(10.00)	26.67
BYRA	1.32	(0.07)	0.00	(0.04)	0.00	0.00	5.00	(5.00)	35.71
BYRA	0.86	(0.12)	0.00	(0.16)	0.00	0.00	5.88	(5.56)	12.13

Be your own money manager

Our tools can tell you how much better you can do entering a position in Münchener Rück 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 Portfolio Optimization Now

Portfolio Optimization

Compute new portfolio that will generate highest expected return given your specified tolerance for risk

All Next

Launch Module

Münchener Rück Corporate Management

Elected by the shareholders, the Münchener Rück's board of directors comprises two types of representatives: Münchener Rück inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Münchener. The board's role is to monitor Münchener Rück's management team and ensure that shareholders' interests are well served. Münchener Rück'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, Münchener Rück's outside directors are responsible for providing unbiased perspectives on the board's policies.

Joachim Wenning	Chairman Board	Profile
Clarisse Kopff	Member Board	Profile
Nicholas CFA	Chief Board	Profile
Christoph Jurecka	CFO Board	Profile
CFA CFA	Chief Board	Profile
Soobum Lee	Head Operation	Profile
Doris Hopke	Labour Management	Profile

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