Sipef NV Correlations
| SISAFDelisted Stock | USD 54.00 0.00 0.00% |
The current 90-days correlation between Sipef NV and Cars Inc is 0.33 (i.e., Weak diversification). The correlation of Sipef NV 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.
Sipef NV Correlation With Market
Average diversification
The correlation between Sipef NV and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sipef NV and DJI in the same portfolio, assuming nothing else is changed.
Sipef |
The ability to find closely correlated positions to Sipef NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sipef NV 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 Sipef NV - 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 Sipef NV to buy it.
Moving together with Sipef Pink Sheet
| 0.87 | WMT | Walmart Aggressive Push | PairCorr |
| 0.66 | AMZN | Amazon Inc Aggressive Push | PairCorr |
| 0.86 | FTNT | Fortinet | PairCorr |
| 0.9 | DECK | Deckers Outdoor | PairCorr |
| 0.92 | OPFI | OppFi Inc Downward Rally | PairCorr |
| 0.81 | FTI | TechnipFMC PLC Sell-off Trend | PairCorr |
| 0.68 | HA | Hawaiian Holdings | PairCorr |
| 0.89 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.66 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
Moving against Sipef Pink Sheet
| 0.84 | VWAPY | Volkswagen AG Pref | PairCorr |
| 0.82 | VLKPF | Volkswagen AG VZO | PairCorr |
| 0.81 | VWAGY | Volkswagen AG 110 | PairCorr |
| 0.8 | VLKAF | Volkswagen AG | PairCorr |
| 0.76 | DPSTF | Deutsche Post AG | PairCorr |
| 0.7 | WLMIY | Wilmar International | PairCorr |
| 0.6 | ADM | Archer Daniels Midland | PairCorr |
| 0.49 | WLMIF | Wilmar International | PairCorr |
| 0.4 | BG | Bunge Limited | PairCorr |
| 0.36 | BREA | Brera Holdings PLC | PairCorr |
| 0.8 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.71 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.42 | BA | Boeing Fiscal Year End 29th of January 2025 | 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 Sipef Pink Sheet performing well and Sipef NV 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 Sipef NV'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CARS | 1.57 | 0.02 | 0.04 | 0.15 | 1.63 | 4.66 | 9.11 | |||
| VC | 1.65 | (0.26) | 0.00 | (0.07) | 0.00 | 3.18 | 10.13 | |||
| WAVS | 1.06 | 0.14 | (0.01) | (0.28) | 1.52 | 3.35 | 12.07 | |||
| ADNT | 1.90 | (0.39) | 0.00 | (0.14) | 0.00 | 4.08 | 10.66 | |||
| RIVN | 2.95 | (0.22) | 0.00 | (0.11) | 0.00 | 5.37 | 28.00 | |||
| CSXXY | 1.22 | 0.11 | 0.00 | 0.56 | 1.68 | 6.22 | 16.82 | |||
| BWA | 1.33 | (0.11) | (0.05) | 0.03 | 1.70 | 2.84 | 7.85 |
Sipef NV 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 Sipef NV pink sheet to make a market-neutral strategy. Peer analysis of Sipef NV could also be used in its relative valuation, which is a method of valuing Sipef NV by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sipef NV Corporate Management
| Robbert Kessels | Manager of Marketing Commodities | Profile | |
| Charles Wulf | Mang Committee | Profile | |
| Thomas Hildenbrand | Manager of Marketing Bananas and Horticulture | Profile | |
| Petra Meekers | COO Committee | Profile | |
| Franois Hoydonck | CEO, Committee | Profile |
Still Interested in Sipef NV?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.