NN Group Correlations

NNGRY Stock

USD 22.87 0.27 1.17%

The current 90-days correlation between NN Group NV and Sampo Oyj is 0.1 (i.e., Average diversification). The correlation of NN Group 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. If the correlation is 0, the equities are not correlated; they are entirely random.

NN Group Correlation With Market

Significant diversification

The correlation between NN Group NV and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding NN Group NV and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to NN Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NN Group 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 NN Group - 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 NN Group NV to buy it.

Moving together with NNGRY Pink Sheet

0.69	ALIZF	Allianz SE	Pair Corr
0.83	AXAHF	AXA SA	Pair Corr
0.69	JNJ	Johnson Johnson Sell-off Trend	Pair Corr

Moving against NNGRY Pink Sheet

0.83	FUWAF	Furukawa Electric	Pair Corr
0.73	FMCB	Farmers Merchants Bancorp	Pair Corr
0.66	BRK-B	Berkshire Hathaway	Pair Corr
0.65	BRK-A	Berkshire Hathaway	Pair Corr
0.41	MET	MetLife	Pair Corr
0.76	DIS	Walt Disney Aggressive Push	Pair Corr
0.71	WMT	Walmart Aggressive Push	Pair Corr
0.71	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.42	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.4	HD	Home Depot	Pair Corr
0.4	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr

Related Correlations Analysis

	SAXPF	AGESY	ATH-PC	ARZGY	ARZGF	AXAHF	SAXPY	ZURVY	ATH-PB
SAXPF		0.48	-0.59	0.26	-0.27	0.7	0.77	-0.21	0.45	SAXPF
AGESY	0.48		-0.06	0.51	0.0	0.56	0.61	0.12	0.69	AGESY
ATH-PC	-0.59	-0.06		0.12	0.45	-0.45	-0.52	0.48	0.0	ATH-PC
ARZGY	0.26	0.51	0.12		0.26	0.41	0.36	0.72	0.21	ARZGY
ARZGF	-0.27	0.0	0.45	0.26		-0.26	-0.2	0.47	-0.02	ARZGF
AXAHF	0.7	0.56	-0.45	0.41	-0.26		0.88	-0.09	0.4	AXAHF
SAXPY	0.77	0.61	-0.52	0.36	-0.2	0.88		-0.11	0.47	SAXPY
ZURVY	-0.21	0.12	0.48	0.72	0.47	-0.09	-0.11		0.03	ZURVY
ATH-PB	0.45	0.69	0.0	0.21	-0.02	0.4	0.47	0.03		ATH-PB
	SAXPF	AGESY	ATH-PC	ARZGY	ARZGF	AXAHF	SAXPY	ZURVY	ATH-PB

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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

SAXPY	+ 0.88	AXAHF
SAXPY	+ 0.77	SAXPF
ZURVY	+ 0.72	ARZGY
AXAHF	+ 0.7	SAXPF
ATH-PB	+ 0.69	AGESY
SAXPY	+ 0.61	AGESY

High negative correlations

ATH-PC	- 0.59	SAXPF
SAXPY	- 0.52	ATH-PC
AXAHF	- 0.45	ATH-PC
ARZGF	- 0.27	SAXPF
AXAHF	- 0.26	ARZGF
ZURVY	- 0.21	SAXPF

Risk-Adjusted Indicators

There is a big difference between NNGRY Pink Sheet performing well and NN Group 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 NN Group'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
SAXPF	0.32	(0.06)	0.00	0.51	0.00	0.00	0.00	(0.40)	8.58
AGESY	0.78	(0.03)	0.00	(1.15)	0.00	0.00	1.40	(1.63)	5.48
ATH-PC	0.22	0.01	(0.43)	0.41	0.14	(0.27)	0.48	(0.36)	2.11
ARZGY	0.85	0.05	(0.06)	0.43	0.89	(0.90)	1.65	(1.46)	6.48
ARZGF	0.27	0.11	0.00	1.07	0.00	0.00	0.00	0.00	7.21
AXAHF	1.14	(0.16)	0.00	(0.99)	0.00	0.00	2.66	(3.26)	8.35
SAXPY	0.78	(0.09)	0.00	(0.65)	0.00	0.00	1.47	(1.72)	4.50
ZURVY	0.62	0.07	(0.02)	0.34	0.52	(0.66)	1.44	(0.99)	3.13
ATH-PB	0.81	0.00	(0.09)	0.10	1.15	(0.78)	1.80	(1.98)	5.23

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Our tools can tell you how much better you can do entering a position in NN Group 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.

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NN Group Corporate Management

Janet Stuijt	Member of the Management Board	Profile
Maurice Koopman	Chief NonLife	Profile
Jelmer Lantinga	Head Relations	Profile
Bernhard Kaufmann	Chief Board	Profile
Leon Riet	CEO Board	Profile
Annemiek Melick	ViceChairman CFO	Profile

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