Rubis SCA Correlations
| RUI Stock | EUR 34.40 2.38 6.47% |
The current 90-days correlation between Rubis SCA and Etablissements Maurel et is 0.09 (i.e., Significant diversification). The correlation of Rubis SCA 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.
Rubis SCA Correlation With Market
Poor diversification
The correlation between Rubis SCA and DJI is 0.61 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rubis SCA and DJI in the same portfolio, assuming nothing else is changed.
Rubis |
The ability to find closely correlated positions to Rubis SCA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rubis SCA 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 Rubis SCA - 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 Rubis SCA to buy it.
Moving together with Rubis Stock
| 0.7 | LNA | LNA Sante SA | PairCorr |
| 0.92 | GET | Getlink SE | PairCorr |
| 0.87 | RXL | Rexel SA | PairCorr |
| 0.83 | URW | Unibail Rodamco Westfield | PairCorr |
| 0.74 | MLAA | L Agence Automobiliere | PairCorr |
| 0.9 | KOF | Kaufman Et Broad | PairCorr |
| 0.89 | FNAC | Fnac Darty SA | PairCorr |
| 0.89 | BAIN | Bains Mer Monaco | PairCorr |
| 0.87 | GLO | GL Events SA | PairCorr |
| 0.75 | ALAVI | AdVini SA | PairCorr |
| 0.69 | FII | Lisi SA | PairCorr |
| 0.92 | GTT | Gaztransport Technigaz | PairCorr |
| 0.78 | OVH | OVH Groupe SAS | PairCorr |
| 0.7 | ALPJT | Poujoulat SA | PairCorr |
| 0.86 | LACR | Lacroix Group SA | PairCorr |
| 0.95 | TTE | TotalEnergies SE | PairCorr |
| 0.9 | ALKAL | Kalray SA | PairCorr |
| 0.74 | CA | Carrefour SA | PairCorr |
| 0.84 | PERR | Grard Perrier Industrie | PairCorr |
| 0.92 | ALMKT | Mauna Kea Technologies | PairCorr |
Moving against Rubis Stock
| 0.9 | MLITN | Italy Innovazioni SpA | PairCorr |
| 0.84 | ALVER | Vergnet Split | PairCorr |
| 0.51 | LEBL | Foncire 7 investissement | PairCorr |
| 0.31 | PROAC | Proactis SA | PairCorr |
| 0.77 | LTA | Altamir SCA | PairCorr |
| 0.31 | MLHBP | Hoteles Bestprice | PairCorr |
Related Correlations Analysis
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 Rubis Stock performing well and Rubis SCA 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 Rubis SCA'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DPAM | 0.92 | (0.01) | 0.00 | 0.08 | 0.00 | 2.35 | 7.02 | |||
| MAU | 2.01 | 1.11 | 0.49 | (1.99) | 1.20 | 6.49 | 13.34 | |||
| EC | 1.00 | 0.24 | 0.16 | (1.28) | 0.88 | 2.09 | 4.76 | |||
| GTT | 1.00 | 0.23 | 0.14 | (1.11) | 1.06 | 2.14 | 7.00 | |||
| ALDOL | 4.47 | (0.47) | 0.00 | (0.19) | 0.00 | 9.27 | 42.99 | |||
| TE | 1.26 | 0.03 | 0.00 | 0.11 | 1.44 | 3.27 | 8.01 | |||
| MLSEQ | 5.29 | 0.58 | 0.04 | 0.39 | 6.39 | 28.57 | 50.79 | |||
| VIRI | 2.17 | 0.39 | 0.11 | 4.60 | 2.77 | 5.18 | 16.00 | |||
| FDE | 2.24 | 0.09 | 0.01 | 2.99 | 3.62 | 4.90 | 22.42 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Rubis SCA 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 Alpha Finder Now
Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
| All Next | Launch Module |
Rubis SCA Corporate Management
Elected by the shareholders, the Rubis SCA's board of directors comprises two types of representatives: Rubis SCA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rubis. The board's role is to monitor Rubis SCA's management team and ensure that shareholders' interests are well served. Rubis SCA'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, Rubis SCA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Luc Jorissen | Chief BV | Profile | |
| Arnaud Havard | Chief Portugal | Profile | |
| Clemence MignotDupeyrot | Head Relations | Profile | |
| Gilles Gobin | Managing Manager | Profile | |
| Bruno Hayem | Chief Terminal | Profile |