Springer Nature Correlations

SPG Stock   16.48  0.26  1.60%   
The current 90-days correlation between Springer Nature AG and Informa PLC is 0.25 (i.e., Modest diversification). The correlation of Springer Nature 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.

Springer Nature Correlation With Market

Pay attention - limited upside

The correlation between Springer Nature AG and DJI is -0.78 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Springer Nature AG and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Springer Nature could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Springer Nature 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 Springer Nature - 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 Springer Nature AG to buy it.

Moving together with Springer Stock

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Moving against Springer Stock

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Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Springer Stock performing well and Springer Nature 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 Springer Nature'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 Springer Nature 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.

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Springer Nature Corporate Management

Elected by the shareholders, the Springer Nature's board of directors comprises two types of representatives: Springer Nature inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Springer. The board's role is to monitor Springer Nature's management team and ensure that shareholders' interests are well served. Springer Nature'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, Springer Nature's outside directors are responsible for providing unbiased perspectives on the board's policies.