PostNL NV Correlations

PSTNY Stock

USD 1.27 0.18 16.51%

The current 90-days correlation between PostNL NV and Bpost SA ADR is -0.1 (i.e., Good diversification). The correlation of PostNL NV 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.

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

Moving together with PostNL Pink Sheet

0.65	KHNGF	Kuehne Nagel Interna	Pair Corr
0.61	KHNGY	Kuehne Nagel Interna	Pair Corr
0.7	TTC	Toro	Pair Corr
0.74	AGPPF	Anglo American Platinum	Pair Corr
0.61	TSLA	Tesla Inc	Pair Corr

Moving against PostNL Pink Sheet

0.33	GTVH	Golden Triangle Ventures	Pair Corr
0.32	EOSE	Eos Energy Enterprises	Pair Corr
0.45	87264ACQ6	TMUS 27 15	Pair Corr

Related Correlations Analysis

	BPOSY	CHYCF	ELLKF	HZNOF	IRMTF	CHRRF	GRDLY	EOHDF	AGGZF	GDIFF
BPOSY		0.0	-0.04	-0.57	-0.2	0.5	-0.14	0.05	0.66	0.08	BPOSY
CHYCF	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	CHYCF
ELLKF	-0.04	0.0		0.34	0.42	0.03	0.31	0.66	-0.26	0.33	ELLKF
HZNOF	-0.57	0.0	0.34		0.58	-0.53	0.47	0.38	-0.85	0.31	HZNOF
IRMTF	-0.2	0.0	0.42	0.58		-0.51	0.88	0.09	-0.45	0.9	IRMTF
CHRRF	0.5	0.0	0.03	-0.53	-0.51		-0.42	0.13	0.74	-0.33	CHRRF
GRDLY	-0.14	0.0	0.31	0.47	0.88	-0.42		0.07	-0.29	0.78	GRDLY
EOHDF	0.05	0.0	0.66	0.38	0.09	0.13	0.07		-0.2	-0.09	EOHDF
AGGZF	0.66	0.0	-0.26	-0.85	-0.45	0.74	-0.29	-0.2		-0.18	AGGZF
GDIFF	0.08	0.0	0.33	0.31	0.9	-0.33	0.78	-0.09	-0.18		GDIFF
	BPOSY	CHYCF	ELLKF	HZNOF	IRMTF	CHRRF	GRDLY	EOHDF	AGGZF	GDIFF

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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

GDIFF	+ 0.9	IRMTF
GRDLY	+ 0.88	IRMTF
GDIFF	+ 0.78	GRDLY
AGGZF	+ 0.74	CHRRF
AGGZF	+ 0.66	BPOSY
EOHDF	+ 0.66	ELLKF

High negative correlations

AGGZF	- 0.85	HZNOF
HZNOF	- 0.57	BPOSY
CHRRF	- 0.53	HZNOF
CHRRF	- 0.51	IRMTF
AGGZF	- 0.45	IRMTF
GRDLY	- 0.42	CHRRF

Risk-Adjusted Indicators

There is a big difference between PostNL Pink Sheet performing well and PostNL NV 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 PostNL NV'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
BPOSY	0.59	0.03	0.00	(0.06)	0.00	0.00	2.17	0.00	15.98
CHYCF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ELLKF	3.05	0.80	0.00	1.33	0.00	0.00	0.00	0.00	63.95
HZNOF	1.19	0.47	0.22	(7.58)	0.51	(2.62)	4.98	(2.27)	10.19
IRMTF	1.01	0.45	0.00	7.49	0.00	0.00	3.16	(0.89)	16.68
CHRRF	0.81	(0.07)	0.00	(0.13)	0.00	0.00	2.78	(2.94)	9.97
GRDLY	0.38	0.20	0.00	(0.82)	0.00	0.00	0.00	0.00	12.78
EOHDF	0.36	0.03	0.00	0.17	0.00	0.00	0.00	0.00	18.90
AGGZF	2.22	(0.67)	0.00	(0.25)	0.00	0.00	4.36	(4.63)	40.66
GDIFF	1.12	0.45	0.00	1.66	0.00	0.00	2.94	(0.59)	23.63

Be your own money manager

Our tools can tell you how much better you can do entering a position in PostNL NV 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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PostNL NV Corporate Management

Hendrika Verhagen	Chairman CEO	Profile
Arno Bijnen	Director Segment	Profile
Ganendran Sarvananthan	Managing Partner	Profile
Mark Pell	Managing Arabia	Profile
Jochem Laarschot	Director Relations	Profile
Jeroen Veldstra	Director HR	Profile

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