Sony Group Correlations
| SONA Stock | EUR 17.30 0.30 1.70% |
The current 90-days correlation between Sony Group and Amazon Inc is 0.02 (i.e., Significant diversification). The correlation of Sony Group 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.
Sony Group Correlation With Market
Average diversification
The correlation between Sony Group and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sony Group and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Sony Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sony Group 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 Sony Group - 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 Sony Group to buy it.
Moving against Sony Stock
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Risk-Adjusted Indicators
There is a big difference between Sony Stock performing well and Sony Group 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 Sony Group'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.Be your own money manager
Our tools can tell you how much better you can do entering a position in Sony Group 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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Sony Group Corporate Management
Elected by the shareholders, the Sony Group's board of directors comprises two types of representatives: Sony Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sony. The board's role is to monitor Sony Group's management team and ensure that shareholders' interests are well served. Sony Group'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, Sony Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Natsuko Takei | Sr Department | Profile | |
| Kenichiro Yoshida | President, CEO | Profile | |
| Keiichiro Shimada | SVP Exec | Profile | |
| Kazushi Ambe | Sr Officer | Profile | |
| Hiroki Totoki | CFO and President | Profile | |
| Shoji Nemoto | Head Bus | Profile | |
| Hiroaki Kitano | Corp CTO | Profile |