Swatch Group Correlations
| SWGNF Stock | USD 37.80 0.00 0.00% |
The current 90-days correlation between Swatch Group and Burberry Group Plc is 0.03 (i.e., Significant diversification). The correlation of Swatch 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.
Swatch Group Correlation With Market
Modest diversification
The correlation between The Swatch Group and DJI is 0.23 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Swatch Group and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Swatch 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 Swatch 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 Swatch 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 The Swatch Group to buy it.
Moving against Swatch Pink Sheet
| 0.78 | NTRP | NextTrip Symbol Change | PairCorr |
| 0.71 | SSNLF | Samsung Electronics | PairCorr |
| 0.55 | CHDRF | Christian Dior SE | PairCorr |
| 0.47 | LVMHF | LVMH Mot Hennessy | PairCorr |
| 0.41 | HESAY | Hermes International | PairCorr |
| 0.41 | HESAF | Hermes International SCA | PairCorr |
| 0.41 | CHDRY | Christian Dior SE | PairCorr |
| 0.4 | CFRHF | Compagnie Financière | PairCorr |
| 0.39 | CFRUY | Compagnie Financiere | PairCorr |
| 0.77 | BCLI | Brainstorm Cell Ther | PairCorr |
| 0.35 | KPLTW | Katapult Holdings Equity | PairCorr |
Related Correlations Analysis
| 0.92 | 0.85 | 0.65 | 0.88 | CFRUY | ||
| 0.92 | 0.76 | 0.6 | 0.82 | BURBY | ||
| 0.85 | 0.76 | 0.74 | 0.86 | PPRUY | ||
| 0.65 | 0.6 | 0.74 | 0.83 | PRDSY | ||
| 0.88 | 0.82 | 0.86 | 0.83 | SFRGY | ||
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Risk-Adjusted Indicators
There is a big difference between Swatch Pink Sheet performing well and Swatch 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 Swatch 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CFRUY | 1.36 | 0.60 | 0.50 | (15.25) | 0.70 | 2.94 | 18.24 | |||
| BURBY | 1.86 | 0.23 | 0.11 | 0.48 | 1.91 | 4.30 | 15.32 | |||
| PPRUY | 2.02 | 0.34 | 0.13 | 1.66 | 2.15 | 5.78 | 12.10 | |||
| PRDSY | 2.31 | 0.22 | 0.07 | (0.32) | 2.64 | 4.07 | 14.08 | |||
| SFRGY | 2.53 | 0.36 | 0.09 | 3.25 | 3.57 | 5.57 | 14.08 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Swatch 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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Swatch Group Corporate Management
| PierreAndre Buhler | Member Board | Profile | |
| Peter Steiger | Member of the Extended Management Board | Profile | |
| HansRudolf Gottier | Member of the Extended Management Board | Profile | |
| Marc Hayek | Member of the Management Board | Profile | |
| Francois Thiebaud | Member of the Management Board | Profile | |
| Matthias Breschan | Member of the Extended Management Board | Profile |