Sociedad Punta Correlations
PUCOBRE Stock | CLP 4,757 12.50 0.26% |
The current 90-days correlation between Sociedad Punta del and Multiexport Foods SA is -0.02 (i.e., Good diversification). The correlation of Sociedad Punta 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.
Sociedad Punta Correlation With Market
Good diversification
The correlation between Sociedad Punta del and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sociedad Punta del and DJI in the same portfolio, assuming nothing else is changed.
Sociedad |
The ability to find closely correlated positions to Sociedad Punta could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sociedad Punta 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 Sociedad Punta - 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 Sociedad Punta del to buy it.
Moving against Sociedad Stock
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Risk-Adjusted Indicators
There is a big difference between Sociedad Stock performing well and Sociedad Punta 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 Sociedad Punta'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.Be your own money manager
Our tools can tell you how much better you can do entering a position in Sociedad Punta 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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Sociedad Punta Corporate Management
Elected by the shareholders, the Sociedad Punta's board of directors comprises two types of representatives: Sociedad Punta inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sociedad. The board's role is to monitor Sociedad Punta's management team and ensure that shareholders' interests are well served. Sociedad Punta'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, Sociedad Punta's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jesus Patino | Supervisor of Corporate Affairs Unit | Profile | |
Cristian Reyes | Vice Chairman of the Board | Profile | |
Pablo Benitez | Director | Profile | |
Eduardo MacAuliffe | Director | Profile | |
Sebastin Rivas | G Mang | Profile | |
Carlos Leiva | Director of Human Resources | Profile |