SP Group Correlations
| SPG Stock | DKK 366.00 7.50 2.01% |
The current 90-days correlation between SP Group AS and Flgger group AS is -0.01 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SP Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SP Group AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
SP Group Correlation With Market
Very poor diversification
The correlation between SP Group AS and DJI is 0.88 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SP Group AS and DJI in the same portfolio, assuming nothing else is changed.
SPG |
The ability to find closely correlated positions to SP 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 SP 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 SP 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 SP Group AS to buy it.
Moving together with SPG Stock
| 0.81 | DFDS | DFDS AS Earnings Call This Week | PairCorr |
| 0.94 | SPKSJF | Sparekassen Sjaelland | PairCorr |
| 0.88 | WMA | WindowMaster International Split | PairCorr |
| 0.64 | DONKEY | Donkeyrepublic Holding | PairCorr |
| 0.84 | ALEFRM | Alefarm Brewing AS | PairCorr |
| 0.68 | LSIGAA | Ln Spar Invest | PairCorr |
| 0.96 | FOBANK | FOBANK | PairCorr |
| 0.8 | RBLN-B | Roblon AS | PairCorr |
| 0.86 | FLUG-B | Flgger group AS | PairCorr |
| 0.89 | TIV | Tivoli AS | PairCorr |
| 0.69 | NEXCOM | Nexcom AS | PairCorr |
| 0.87 | DKIGIADKKH | Investeringsforeningen | PairCorr |
| 0.68 | NEWCAP | Newcap Holding AS | PairCorr |
| 0.78 | GYLD-B | Gyldendal AS | PairCorr |
| 0.65 | WEISTA | Wealth Invest Strategi | PairCorr |
| 0.7 | DNORD | Dampskibsselskabet | PairCorr |
| 0.89 | STG | Scandinavian Tobacco | PairCorr |
| 0.89 | GRLA | Groenlandsbanken | PairCorr |
| 0.84 | AGF-B | AGF AS | PairCorr |
| 0.62 | SYVFVOAKKA | Sydinv Formue Vkstori | PairCorr |
| 0.96 | JYSK | Jyske Bank AS | PairCorr |
| 0.82 | MAJGANF | Maj Invest Glob | PairCorr |
| 0.88 | ISS | ISS AS Earnings Call This Week | PairCorr |
| 0.89 | PFIDKA | PFA Invest Danske | PairCorr |
| 0.86 | NLFSK | Nilfisk Holding AS Earnings Call This Week | PairCorr |
Moving against SPG Stock
| 0.95 | CBRAIN | cBrain AS Earnings Call This Week | PairCorr |
| 0.91 | PNDORA | Pandora AS | PairCorr |
| 0.38 | BOOZT-DKK | Boozt AB | PairCorr |
| 0.33 | ALK-B | ALK Abell AS Earnings Call This Week | PairCorr |
Related Correlations Analysis
| 0.83 | 0.39 | -0.08 | 0.72 | FLUG-B | ||
| 0.83 | 0.36 | 0.06 | 0.44 | HOVE | ||
| 0.39 | 0.36 | 0.32 | 0.23 | HH | ||
| -0.08 | 0.06 | 0.32 | -0.26 | RIAS-B | ||
| 0.72 | 0.44 | 0.23 | -0.26 | SIG | ||
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 SPG Stock performing well and SP 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 SP 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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FLUG-B | 1.08 | 0.18 | 0.06 | 0.78 | 1.43 | 2.27 | 10.71 | |||
| HOVE | 1.89 | 0.16 | 0.05 | 2.88 | 1.93 | 3.67 | 17.14 | |||
| HH | 1.94 | 0.05 | 0.02 | 0.11 | 1.87 | 4.56 | 17.30 | |||
| RIAS-B | 1.38 | 0.01 | 0.00 | 0.04 | 0.00 | 3.05 | 12.17 | |||
| SIG | 1.92 | 0.19 | 0.03 | (0.30) | 2.32 | 4.29 | 13.15 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in SP 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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Fundamental AnalysisView fundamental data based on most recent published financial statements |
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SP Group Corporate Management
Elected by the shareholders, the SP Group's board of directors comprises two types of representatives: SP Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SPG. The board's role is to monitor SP Group's management team and ensure that shareholders' interests are well served. SP 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, SP Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Anders Hansen | Group Accountant | Profile | |
| Ole Jensen | Managing AS | Profile | |
| Lotte Andersen | ESG Mang | Profile | |
| Steen Nielsen | Managing ApS | Profile | |
| Lars Bering | Exec Board | Profile | |
| SusieAnn Spiegelhauer | Chief AS | Profile | |
| Tilde Kejlhof | Chief Officer | Profile |