Realfiction Holding Correlations
| REALFI Stock | SEK 11.92 0.08 0.67% |
The current 90-days correlation between Realfiction Holding and AAC Clyde Space is 0.01 (i.e., Significant diversification). The correlation of Realfiction Holding 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.
Realfiction |
The ability to find closely correlated positions to Realfiction Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Realfiction Holding 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 Realfiction Holding - 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 Realfiction Holding AB to buy it.
Moving together with Realfiction Stock
Moving against Realfiction Stock
| 0.75 | VIT-B | Vitec Software Group Earnings Call This Week | PairCorr |
| 0.42 | LIME | Lime Technologies | PairCorr |
| 0.4 | STORY-B | Storytel AB | PairCorr |
| 0.37 | ENEA | Enea AB | PairCorr |
Related Correlations Analysis
| -0.62 | 0.54 | 0.63 | -0.16 | SIVE | ||
| -0.62 | -0.77 | -0.56 | -0.41 | AAC | ||
| 0.54 | -0.77 | 0.47 | 0.52 | KAN | ||
| 0.63 | -0.56 | 0.47 | 0.01 | BUSER | ||
| -0.16 | -0.41 | 0.52 | 0.01 | XMR | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Realfiction Stock performing well and Realfiction Holding 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 Realfiction Holding'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SIVE | 6.01 | 0.50 | 0.03 | (0.11) | 8.36 | 16.89 | 46.40 | |||
| AAC | 2.52 | 0.56 | 0.21 | (3.71) | 1.93 | 7.18 | 20.58 | |||
| KAN | 4.99 | (0.39) | 0.00 | (51.54) | 0.00 | 11.93 | 48.95 | |||
| BUSER | 4.51 | 0.23 | 0.02 | (0.34) | 4.80 | 11.86 | 28.26 | |||
| XMR | 4.36 | (0.32) | 0.00 | (0.41) | 0.00 | 10.00 | 29.97 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Realfiction Holding 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?
Run USA ETFs Now
USA ETFsFind actively traded Exchange Traded Funds (ETF) in USA |
| All Next | Launch Module |
Realfiction Holding Corporate Management
Elected by the shareholders, the Realfiction Holding's board of directors comprises two types of representatives: Realfiction Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Realfiction. The board's role is to monitor Realfiction Holding's management team and ensure that shareholders' interests are well served. Realfiction Holding'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, Realfiction Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Peter Simonsen | Head CoFounder | Profile | |
| Clas Dyrholm | CEO CoFounder | Profile | |
| Raquel Sertaje | Head Sales | Profile | |
| Torben Okkels | Chief Officer | Profile |