Netcompany Group Correlations
| NTCYF Stock | USD 48.41 0.00 0.00% |
The correlation of Netcompany 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.
Netcompany Group Correlation With Market
Modest diversification
The correlation between Netcompany Group AS and DJI is 0.23 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Netcompany Group AS and DJI in the same portfolio, assuming nothing else is changed.
Netcompany |
The ability to find closely correlated positions to Netcompany 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 Netcompany 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 Netcompany 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 Netcompany Group AS to buy it.
Moving together with Netcompany OTC Stock
| 0.81 | ACN | Accenture plc Sell-off Trend | PairCorr |
| 0.82 | NCRRP | NCR Corp Pref | PairCorr |
| 0.79 | INFY | Infosys Ltd ADR | PairCorr |
| 0.68 | NECPY | NEC ADR | PairCorr |
| 0.88 | CTSH | Cognizant Technology | PairCorr |
| 0.8 | CGEMY | Capgemini SE ADR | PairCorr |
| 0.78 | CAPMF | Capgemini SE | PairCorr |
| 0.86 | DDS | Dillards, | PairCorr |
| 0.74 | CSCO | Cisco Systems | PairCorr |
| 0.64 | ULTA | Ulta Beauty | PairCorr |
| 0.76 | URBN | Urban Outfitters | PairCorr |
| 0.73 | IDN | Intellicheck Mobilisa | PairCorr |
| 0.73 | ATRO | Astronics | PairCorr |
| 0.86 | CALC | CalciMedica, Common Stock | PairCorr |
| 0.62 | GSVRF | Guanajuato Silver | PairCorr |
| 0.64 | PHAR | Pharming Group NV | PairCorr |
| 0.76 | KODK | Eastman Kodak | PairCorr |
| 0.8 | CM | Canadian Imperial Bank | PairCorr |
| 0.61 | GPAEF | Grupo Aeroportuario del | PairCorr |
Moving against Netcompany OTC Stock
| 0.54 | FISV | Fiserv, Common Stock Symbol Change | PairCorr |
| 0.34 | BASE | Couchbase | PairCorr |
| 0.33 | TATT | Tat Techno | PairCorr |
| 0.41 | 12532HAF1 | GIBACN 23 14 | PairCorr |
| 0.38 | CYPS | Cyclo3pss | 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 Netcompany OTC Stock performing well and Netcompany Group OTC Stock 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 Netcompany 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SLNTY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HLTEF | 0.15 | (0.09) | 0.00 | (1.45) | 0.00 | 0.00 | 4.71 | |||
| CFTLF | 0.68 | (0.36) | 0.00 | (0.76) | 0.00 | 0.00 | 8.11 | |||
| ATEAY | 0.90 | 0.26 | 0.00 | (0.33) | 0.00 | 4.35 | 17.19 | |||
| ULPRF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DNACF | 1.20 | 0.26 | 0.00 | (0.51) | 0.00 | 0.00 | 46.70 | |||
| SLOIF | 2.47 | (0.67) | 0.00 | (1.10) | 0.00 | 2.43 | 47.83 | |||
| APELF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VTKLY | 1.61 | 0.03 | (0.01) | 0.31 | 2.80 | 3.34 | 15.78 | |||
| AIXXF | 2.73 | 0.27 | 0.07 | 0.36 | 2.85 | 6.84 | 21.63 |
Be your own money manager
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Money Flow IndexDetermine momentum by analyzing Money Flow Index and other technical indicators |
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Netcompany Group Corporate Management
Elected by the shareholders, the Netcompany Group's board of directors comprises two types of representatives: Netcompany Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Netcompany. The board's role is to monitor Netcompany Group's management team and ensure that shareholders' interests are well served. Netcompany Group'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, Netcompany Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jesper Klitgaard | Global Officer | Profile | |
| Thomas Johansen | CFO Partner | Profile | |
| Tine Boye | G Counsel | Profile | |
| Andre Rogaczewski | CEO CoFounder | Profile | |
| Claus Jorgensen | COO CoFounder | Profile | |
| Trine Tirsgaard | Head Communication | Profile |