Ströer SE Correlations
| SOTDF Stock | USD 41.88 0.00 0.00% |
The correlation of Ströer SE 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.
Ströer SE Correlation With Market
Very good diversification
The correlation between Strer SE Co and DJI is -0.47 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Strer SE Co and DJI in the same portfolio, assuming nothing else is changed.
Ströer |
The ability to find closely correlated positions to Ströer SE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ströer SE 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 Ströer SE - 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 Strer SE Co to buy it.
Moving against Ströer Pink Sheet
| 0.97 | SPLPP | Steel Partners Holdings | PairCorr |
| 0.72 | MAT | Mattel Inc Earnings Call Tomorrow | PairCorr |
| 0.69 | WPPGF | WPP plc | PairCorr |
| 0.66 | FIBK | First Interstate Ban Normal Trading | PairCorr |
| 0.63 | PPERY | Bank Mandiri Persero Normal Trading | PairCorr |
| 0.62 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.56 | DNTUF | Dentsu Inc Earnings Call This Week | PairCorr |
| 0.56 | ENS | Enersys Earnings Call This Week | PairCorr |
| 0.54 | PGPEF | Publicis Groupe SA | PairCorr |
| 0.46 | PTAIY | Astra International Tbk Downward Rally | PairCorr |
| 0.38 | OMC | Omnicom Group Earnings Call Tomorrow | PairCorr |
| 0.38 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.38 | AMPH | Amphastar P | PairCorr |
| 0.38 | SCLTF | Searchlight Resources | PairCorr |
| 0.36 | RCKY | Rocky Brands | PairCorr |
| 0.34 | APETF | Alpha Esports Tech | PairCorr |
| 0.31 | JCDXF | JCDecaux SA | PairCorr |
| 0.79 | SHPHF | Sihuan Pharmaceutical | PairCorr |
| 0.78 | BNKHF | BOC Hong Kong | PairCorr |
| 0.67 | KCDMY | Kimberly Clark de | PairCorr |
| 0.67 | JUPGF | Jupiter Gold | PairCorr |
| 0.67 | OBYCF | Obayashi Earnings Call Today | PairCorr |
| 0.66 | CRH | CRH PLC ADR | PairCorr |
| 0.66 | COMP | Compass | PairCorr |
| 0.63 | PGEZF | Group Ten Metals | PairCorr |
| 0.58 | FCAP | First Capital Downward Rally | PairCorr |
| 0.55 | NEWTH | NewtekOne 8625 percent | PairCorr |
| 0.49 | IVVD | Invivyd | PairCorr |
| 0.45 | NFG | National Fuel Gas | PairCorr |
| 0.45 | THO | Thor Industries | 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
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Risk-Adjusted Indicators
There is a big difference between Ströer Pink Sheet performing well and Ströer SE 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 Ströer SE'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TLGHY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HKUOF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| JSFCF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PTTWF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TACYY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AIAPF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CHRUF | 0.10 | 0.04 | 0.00 | 0.67 | 0.00 | 0.00 | 3.36 | |||
| MTPVY | 0.21 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 12.01 | |||
| GTMEY | 0.95 | (0.51) | 0.00 | (1.08) | 0.00 | 0.00 | 31.65 | |||
| MCCLF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ströer SE 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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Ströer SE Corporate Management
| Marc Sausen | Director Communications | Profile | |
| Birgit OssendorfWill | HR Director | Profile | |
| Anne Ossenberg | Head Department | Profile | |
| Christoph Lhrke | Head Relations | Profile | |
| David Haag | Sustainability Management | Profile | |
| Henning Gieseke | CFO Board | Profile | |
| Christian Schmalzl | CoCEO Board | Profile |