ProSiebenSat1 Media Correlations
| PSM Stock | EUR 5.05 0.03 0.60% |
The current 90-days correlation between ProSiebenSat1 Media and VIVENDI UNSPONARD EO is 0.26 (i.e., Modest diversification). The correlation of ProSiebenSat1 Media 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.
ProSiebenSat1 |
The ability to find closely correlated positions to ProSiebenSat1 Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProSiebenSat1 Media 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 ProSiebenSat1 Media - 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 ProSiebenSat1 Media SE to buy it.
Moving together with ProSiebenSat1 Stock
| 0.63 | VVUD | VIVENDI UNSPONARD | PairCorr |
| 0.78 | RRTL | RTL Group SA | PairCorr |
| 0.65 | IJ7 | ITV plc | PairCorr |
| 0.74 | SES | SES SA | PairCorr |
| 0.65 | MTO | METTLER TOLEDO INTL | PairCorr |
| 0.65 | CXT | Carmat SA | PairCorr |
Moving against ProSiebenSat1 Stock
| 0.83 | NC0E | News | PairCorr |
| 0.8 | NC0B | News | PairCorr |
| 0.76 | GTT | TEGNA Inc | PairCorr |
| 0.66 | ADH2 | Air Canada | PairCorr |
| 0.44 | 3EJ | LODESTAR MIN Split | PairCorr |
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between ProSiebenSat1 Stock performing well and ProSiebenSat1 Media 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 ProSiebenSat1 Media'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VVUD | 2.13 | (0.58) | 0.00 | (3.24) | 0.00 | 3.45 | 18.63 | |||
| NC0E | 1.08 | 0.21 | 0.16 | (6.06) | 0.81 | 2.88 | 6.55 | |||
| NC0B | 0.90 | 0.25 | 0.19 | 6.16 | 0.59 | 3.13 | 6.42 | |||
| RRTL | 1.36 | (0.12) | 0.00 | (37.71) | 0.00 | 2.29 | 14.31 | |||
| NXZ | 1.36 | (0.04) | 0.00 | (1.10) | 0.00 | 2.85 | 10.89 | |||
| IJ7 | 1.40 | (0.19) | 0.00 | 3.10 | 0.00 | 2.35 | 13.79 | |||
| SES | 1.55 | (0.33) | 0.00 | (6.59) | 0.00 | 3.07 | 10.48 | |||
| GTT | 1.44 | 0.27 | 0.19 | 0.49 | 1.12 | 3.53 | 15.45 | |||
| TM9 | 3.37 | 0.01 | 0.00 | 0.03 | 5.04 | 16.48 | 31.66 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in ProSiebenSat1 Media 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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ProSiebenSat1 Media Corporate Management
Elected by the shareholders, the ProSiebenSat1 Media's board of directors comprises two types of representatives: ProSiebenSat1 Media inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ProSiebenSat1. The board's role is to monitor ProSiebenSat1 Media's management team and ensure that shareholders' interests are well served. ProSiebenSat1 Media'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, ProSiebenSat1 Media's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rdiger Bss | Head Acquisitions | Profile | |
| Susanne Brieu | Head Communications | Profile | |
| Stefanie RuppMenedetter | Head Events | Profile | |
| Ralf Gierig | Exec CFO | Profile | |
| Dirk Voigtlnder | Head VP | Profile | |
| Wolfgang Link | Member Entertainment | Profile | |
| Thomas Wagner | Group Officer | Profile |