SwissCom Correlations
| SCMWY Stock | USD 56.98 0.12 0.21% |
The current 90-days correlation between SwissCom AG and SCOR PK is 0.02 (i.e., Significant diversification). The correlation of SwissCom 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.
SwissCom Correlation With Market
Good diversification
The correlation between SwissCom AG and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SwissCom AG and DJI in the same portfolio, assuming nothing else is changed.
SwissCom |
The ability to find closely correlated positions to SwissCom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SwissCom 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 SwissCom - 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 SwissCom AG to buy it.
Moving together with SwissCom Pink Sheet
| 0.72 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against SwissCom Pink Sheet
| 0.95 | JPHLF | Japan Post Holdings | PairCorr |
| 0.9 | MFG | Mizuho Financial | PairCorr |
| 0.89 | MUFG | Mitsubishi UFJ Financial | PairCorr |
| 0.87 | SMFG | Sumitomo Mitsui Financial | PairCorr |
| 0.82 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.79 | DIS | Walt Disney | PairCorr |
| 0.78 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.73 | SMFNF | Sumitomo Mitsui Financial Normal Trading | PairCorr |
| 0.67 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.66 | WMT | Walmart Aggressive Push | PairCorr |
| 0.65 | MZHOF | Mizuho Financial Normal Trading | PairCorr |
| 0.6 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.46 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.43 | HPQ | HP Inc | PairCorr |
| 0.4 | T | ATT Inc Aggressive Push | PairCorr |
| 0.34 | SSNLF | Samsung Electronics | PairCorr |
| 0.32 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
Related Correlations Analysis
| 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
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Risk-Adjusted Indicators
There is a big difference between SwissCom Pink Sheet performing well and SwissCom 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 SwissCom'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 444859BR2 | 1.31 | (0.16) | 0.00 | (0.06) | 0.00 | 5.93 | 16.62 | |||
| SCRYY | 2.13 | 0.39 | 0.09 | (0.88) | 2.02 | 5.61 | 12.99 | |||
| AQUI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BRRAY | 1.27 | (0.13) | 0.00 | 0.01 | 0.00 | 0.00 | 34.02 | |||
| MSTSX | 0.50 | (0.04) | (0.13) | 0.06 | 0.52 | 1.21 | 2.80 | |||
| ABHYX | 0.16 | 0.00 | (0.25) | 0.05 | 0.26 | 0.34 | 1.91 | |||
| LBHIX | 0.11 | 0.02 | (0.41) | 2.96 | 0.00 | 0.24 | 0.96 | |||
| ID | 3.76 | 0.19 | 0.02 | 0.94 | 4.72 | 7.32 | 20.54 | |||
| VIASP | 0.72 | 0.00 | (0.02) | 0.00 | 1.05 | 2.28 | 7.18 | |||
| RRTLX | 0.24 | 0.00 | (0.33) | 0.37 | 0.26 | 0.56 | 1.37 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in SwissCom 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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SwissCom Corporate Management
| Martin Vgeli | Head Services | Profile | |
| Klementina Pejic | Head CPO | Profile | |
| Christoph Aeschlimann | Member of the Executive Board, Head of IT, Network & Infrastructure | Profile | |
| Marcel Walker | Head Services | Profile | |
| Louis Schmid | IR Contact Officer | Profile | |
| Dirk Wierzbitzki | Member of the Executive Board, Head of the division Products & Marketing | Profile | |
| Urs Lehner | Member of the Executive Board, Head of Enterprise Customers | Profile |