Vow ASA Correlations

SSHPF Stock

USD 0.33 0.00 0.00%

The current 90-days correlation between Vow ASA and Agfa Gevaert NV is 0.01 (i.e., Significant diversification). The correlation of Vow ASA 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.

Vow ASA Correlation With Market

Good diversification

The correlation between Vow ASA and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vow ASA and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Vow ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vow ASA 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 Vow ASA - 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 Vow ASA to buy it.

Moving together with Vow Pink Sheet

0.61	UMICY	Umicore SA ADR	Pair Corr
0.64	ATMU	Atmus Filtration Tec	Pair Corr
0.63	FCTI	Fact Inc	Pair Corr
0.71	BIMT	Bitmis Corp	Pair Corr
0.72	FTV	Fortive Corp	Pair Corr
0.7	BAC	Bank of America	Pair Corr

Moving against Vow Pink Sheet

0.56	PNGM	Er Therapeutics	Pair Corr
0.36	STI	Solidion Technology Buyout Trend	Pair Corr
0.66	PG	Procter Gamble	Pair Corr
0.63	T	ATT Inc	Pair Corr
0.37	HPQ	HP Inc	Pair Corr
0.33	CVX	Chevron Corp	Pair Corr

Related Correlations Analysis

	AFGVY	DYFSF	CRKT	TTNMF	JETMF	LEIC	WHWRF	GEOUF	DMFG	SUNTF
AFGVY		0.92	0.7	-0.4	0.55	0.0	0.0	0.71	-0.77	0.0	AFGVY
DYFSF	0.92		0.73	-0.49	0.6	0.0	0.0	0.79	-0.77	0.0	DYFSF
CRKT	0.7	0.73		-0.35	0.54	0.0	0.0	0.6	-0.7	0.0	CRKT
TTNMF	-0.4	-0.49	-0.35		-0.41	0.0	0.0	-0.86	0.41	0.0	TTNMF
JETMF	0.55	0.6	0.54	-0.41		0.0	0.0	0.54	-0.72	0.0	JETMF
LEIC	0.0	0.0	0.0	0.0	0.0		-1.0	0.0	0.0	-1.0	LEIC
WHWRF	0.0	0.0	0.0	0.0	0.0	-1.0		0.0	0.0	1.0	WHWRF
GEOUF	0.71	0.79	0.6	-0.86	0.54	0.0	0.0		-0.58	0.0	GEOUF
DMFG	-0.77	-0.77	-0.7	0.41	-0.72	0.0	0.0	-0.58		0.0	DMFG
SUNTF	0.0	0.0	0.0	0.0	0.0	-1.0	1.0	0.0	0.0		SUNTF
	AFGVY	DYFSF	CRKT	TTNMF	JETMF	LEIC	WHWRF	GEOUF	DMFG	SUNTF

Please upgrade your account to get full access to Macroaxis premium features

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

SUNTF	+ 1.0	WHWRF
DYFSF	+ 0.92	AFGVY
GEOUF	+ 0.79	DYFSF
CRKT	+ 0.73	DYFSF
GEOUF	+ 0.71	AFGVY
CRKT	+ 0.7	AFGVY

High negative correlations

SUNTF	- 1.0	LEIC
WHWRF	- 1.0	LEIC
GEOUF	- 0.86	TTNMF
DMFG	- 0.77	DYFSF
DMFG	- 0.77	AFGVY
DMFG	- 0.72	JETMF

Risk-Adjusted Indicators

There is a big difference between Vow Pink Sheet performing well and Vow ASA 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 Vow ASA'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
AFGVY	0.49	(0.25)	0.00	1.07	0.00	0.00	0.00	0.00	13.55
DYFSF	4.51	(0.17)	0.00	0.15	0.00	0.00	16.67	(14.29)	30.95
CRKT	19.79	4.44	0.10	(0.92)	19.10	(50.54)	93.45	(48.50)	158.54
TTNMF	1.16	0.27	0.04	1.85	1.50	(5.08)	3.23	(1.74)	16.74
JETMF	2.94	(0.11)	0.00	(0.01)	0.00	0.00	6.56	(6.45)	21.42
LEIC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
WHWRF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
GEOUF	2.26	(1.24)	0.00	5.98	0.00	0.00	0.00	(6.41)	42.65
DMFG	0.90	0.13	0.00	0.31	0.00	0.00	1.92	0.00	28.17
SUNTF	0.00	0.00	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 Vow ASA 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?

Run Piotroski F Score Now

Piotroski F Score

Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals

All Next

Launch Module

Vow ASA Corporate Management

Asgeir Wien	Chief Officer	Profile
Erling Hoftun	VP Devel	Profile
Henrik Badin	Chief Officer	Profile
Jonny Hansen	Chief Officer	Profile
Bjrn Bache	Chief Officer	Profile
Henning Mohn	Chief Officer	Profile
Erik Magelssen	Chief Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC