Risma Systems Correlations
| RISMA Stock | DKK 5.70 0.20 3.64% |
The current 90-days correlation between Risma Systems AS and Hydract AS is -0.12 (i.e., Good diversification). The correlation of Risma Systems 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.
Risma Systems Correlation With Market
Very good diversification
The correlation between Risma Systems AS and DJI is -0.36 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Risma Systems AS and DJI in the same portfolio, assuming nothing else is changed.
Risma |
The ability to find closely correlated positions to Risma Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Risma Systems 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 Risma Systems - 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 Risma Systems AS to buy it.
Moving together with Risma Stock
| 0.85 | ACT | DecideAct AS | PairCorr |
| 0.91 | NOVO-B | Novo Nordisk AS | PairCorr |
| 0.82 | PNDORA | Pandora AS | PairCorr |
| 0.61 | DNORD | Dampskibsselskabet | PairCorr |
| 0.89 | BIF | Broendbyernes IF Fodbold | PairCorr |
Moving against Risma Stock
Related Correlations Analysis
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Be your own money manager
Our tools can tell you how much better you can do entering a position in Risma Systems 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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Risma Systems Corporate Management
Elected by the shareholders, the Risma Systems' board of directors comprises two types of representatives: Risma Systems inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Risma. The board's role is to monitor Risma Systems' management team and ensure that shareholders' interests are well served. Risma Systems' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Risma Systems' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jan Jansson | Chief Board | Profile | |
| Gitte Pedersen | Chief Officer | Profile | |
| Steen Rath | Chief Officer | Profile | |
| Majbritt Jensen | Head Marketing | Profile | |
| Kasper Hlsen | Chief Officer | Profile | |
| Lars Munksgaard | CEO, Founder | Profile | |
| Celia NyhusKornum | HR Mang | Profile |