Nhoa SA Correlations
| NHOA Stock | 1.24 0.02 1.59% |
The current 90-days correlation between Nhoa SA and Groupe Sfpi is 0.02 (i.e., Significant diversification). The correlation of Nhoa SA 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.
Nhoa SA Correlation With Market
Good diversification
The correlation between Nhoa SA and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nhoa SA and DJI in the same portfolio, assuming nothing else is changed.
Nhoa |
The ability to find closely correlated positions to Nhoa SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nhoa SA 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 Nhoa SA - 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 Nhoa SA to buy it.
Moving together with Nhoa Stock
| 0.81 | ALO | Alstom SA | PairCorr |
| 0.7 | WAGA | Waga Energy SA | PairCorr |
| 0.65 | SFPI | Groupe Sfpi | PairCorr |
| 0.8 | GLE | Societe Generale | PairCorr |
Moving against Nhoa Stock
Related Correlations Analysis
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Be your own money manager
Our tools can tell you how much better you can do entering a position in Nhoa SA 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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Nhoa SA Corporate Management
Elected by the shareholders, the Nhoa SA's board of directors comprises two types of representatives: Nhoa SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nhoa. The board's role is to monitor Nhoa SA's management team and ensure that shareholders' interests are well served. Nhoa SA'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, Nhoa SA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Roberta Romano | G Counsel | Profile | |
| Teresa Pogliani | Head Communication | Profile | |
| Carlalberto JD | MD, CEO | Profile | |
| Gabriele Tuccillo | Staff Strategy | Profile | |
| Giuseppe Artizzu | GM, CoFounder | Profile | |
| AnPing Chang | Ex Chairman | Profile | |
| Ilaria Scarinci | Chief CFO | Profile |