Siili Solutions Correlations
The correlation of Siili Solutions 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.
Siili |
The ability to find closely correlated positions to Siili Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Siili Solutions 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 Siili Solutions - 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 Siili Solutions Oyj to buy it.
Related Correlations Analysis
| 0.77 | 0.1 | 0.56 | 0.04 | QTCOM | ||
| 0.77 | 0.34 | 0.83 | -0.25 | REG1V | ||
| 0.1 | 0.34 | 0.44 | -0.58 | KAMUX | ||
| 0.56 | 0.83 | 0.44 | -0.15 | HARVIA | ||
| 0.04 | -0.25 | -0.58 | -0.15 | TOKMAN | ||
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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 Siili Stock performing well and Siili Solutions 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 Siili Solutions' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| QTCOM | 1.76 | (0.07) | 0.00 | 0.24 | 0.00 | 3.80 | 20.45 | |||
| REG1V | 1.61 | (0.04) | 0.00 | 0.36 | 0.00 | 3.52 | 8.78 | |||
| KAMUX | 1.85 | (0.24) | 0.00 | 0.59 | 0.00 | 3.85 | 21.76 | |||
| HARVIA | 1.34 | 0.06 | 0.00 | 0.85 | 1.46 | 3.83 | 7.79 | |||
| TOKMAN | 1.30 | 0.49 | 0.32 | 2.39 | 0.84 | 2.81 | 17.53 |
Siili Solutions Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Siili Solutions stock to make a market-neutral strategy. Peer analysis of Siili Solutions could also be used in its relative valuation, which is a method of valuing Siili Solutions by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Siili Solutions Corporate Management
Elected by the shareholders, the Siili Solutions' board of directors comprises two types of representatives: Siili Solutions inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Siili. The board's role is to monitor Siili Solutions' management team and ensure that shareholders' interests are well served. Siili Solutions' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Siili Solutions' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kenneth Lindfors | CCO | Profile | |
| Taru Kovanen | G Counsel | Profile | |
| Andreas Strandman | Director Relations | Profile | |
| Tomi MSc | Chief Officer | Profile | |
| Kristian Valkama | Director Skaler | Profile |