Net Insight Correlations
| NETI-B Stock | SEK 3.86 0.00 0.00% |
The current 90-days correlation between Net Insight AB and Micro Systemation AB is -0.02 (i.e., Good diversification). The correlation of Net Insight 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.
Net Insight Correlation With Market
Average diversification
The correlation between Net Insight AB and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Net Insight AB and DJI in the same portfolio, assuming nothing else is changed.
Net |
The ability to find closely correlated positions to Net Insight could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Net Insight 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 Net Insight - 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 Net Insight AB to buy it.
Moving against Net Stock
| 0.71 | INVE-A | Investor AB ser | PairCorr |
| 0.58 | ERIC-A | Telefonaktiebolaget | PairCorr |
| 0.53 | SWED-A | Swedbank AB | PairCorr |
| 0.51 | SHB-B | Svenska Handelsbanken | PairCorr |
| 0.46 | NOKIA-SEK | Nokia | PairCorr |
| 0.44 | SHB-A | Svenska Handelsbanken | PairCorr |
| 0.4 | ALCA | Alcadon Group AB | PairCorr |
| 0.35 | SEB-C | Skandinaviska Enskilda | PairCorr |
| 0.33 | NOLA-B | Nolato AB | PairCorr |
| 0.7 | INVE-B | Investor AB ser | PairCorr |
| 0.7 | ELUX-A | AB Electrolux | PairCorr |
| 0.64 | SSAB-B | SSAB AB | PairCorr |
| 0.63 | ESSITY-B | Essity AB | PairCorr |
| 0.61 | NEOBO | NEOBO FASTIGHETER | PairCorr |
| 0.61 | SAND | Sandvik AB | PairCorr |
| 0.61 | PRISMA | Prisma Properties | PairCorr |
| 0.59 | SANION | Saniona AB | PairCorr |
| 0.58 | ALFA | Alfa Laval AB | PairCorr |
| 0.47 | LUMI | Lundin Mining | PairCorr |
| 0.47 | EMIL-B | Fastighetsbolaget | PairCorr |
| 0.47 | TREL-B | Trelleborg AB | PairCorr |
| 0.41 | SFAB | Solid FAB | PairCorr |
| 0.39 | SDS | Seamless Distribution | PairCorr |
| 0.37 | BEIA-B | Beijer Alma AB | PairCorr |
| 0.62 | SOBI | Swedish Orphan Biovitrum | PairCorr |
| 0.49 | OGUN-B | Ogunsen AB Series | PairCorr |
| 0.48 | TEQ | Teqnion AB | PairCorr |
| 0.47 | KNOW | Know IT AB | PairCorr |
| 0.47 | VBG-B | VBG Group AB | PairCorr |
| 0.46 | VOLCAR-B | Volvo Car AB | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Net Stock performing well and Net Insight 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 Net Insight'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DORO | 2.49 | 0.11 | 0.00 | (0.20) | 3.78 | 6.36 | 25.88 | |||
| MSAB-B | 2.24 | 0.06 | (0.01) | (1.21) | 2.58 | 5.89 | 12.98 | |||
| CLAV | 2.41 | (0.61) | 0.00 | (7.09) | 0.00 | 3.59 | 18.21 | |||
| CINT | 3.06 | (1.03) | 0.00 | 0.74 | 0.00 | 4.24 | 37.32 | |||
| SOF-B | 0.91 | (0.08) | 0.00 | 1.47 | 0.00 | 1.95 | 8.42 | |||
| ENEA | 1.63 | (0.03) | 0.00 | 0.11 | 0.00 | 3.02 | 15.78 | |||
| FPIP | 1.59 | 0.00 | 0.00 | 0.07 | 0.00 | 2.66 | 15.62 | |||
| LUMEN | 1.86 | 0.18 | 0.05 | 0.78 | 2.03 | 3.22 | 17.38 | |||
| EG7 | 2.99 | 0.18 | 0.01 | (0.20) | 4.23 | 6.73 | 25.52 | |||
| KEBNI-B | 2.31 | (0.57) | 0.00 | 1.03 | 0.00 | 2.86 | 19.84 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Net Insight 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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Net Insight Corporate Management
Elected by the shareholders, the Net Insight's board of directors comprises two types of representatives: Net Insight inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Net. The board's role is to monitor Net Insight's management team and ensure that shareholders' interests are well served. Net Insight'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, Net Insight's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Joakim Schedvins | Chief Officer | Profile | |
| Ulrik Rohne | Chief Officer | Profile | |
| Ken Graham | Interim CTO | Profile | |
| Crister Fritzson | Chief Officer | Profile | |
| Per Lindgren | Group Sync | Profile | |
| Marten Blixt | Chief Officer | Profile | |
| Ralph Quintero | Head Labs | Profile |