Transmissora Aliana Correlations
| TAEE4 Preferred Stock | BRL 11.45 0.09 0.79% |
The current 90-days correlation between Transmissora Aliana and Transmissora Aliana de is 0.81 (i.e., Very poor diversification). The correlation of Transmissora Aliana 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Transmissora |
The ability to find closely correlated positions to Transmissora Aliana could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Transmissora Aliana 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 Transmissora Aliana - 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 Transmissora Aliana de to buy it.
Moving together with Transmissora Preferred Stock
Related Correlations Analysis
| 0.26 | 0.61 | 0.73 | 0.91 | TAEE3 | ||
| 0.26 | 0.31 | 0.37 | 0.38 | SAPR4 | ||
| 0.61 | 0.31 | 0.44 | 0.53 | KLBN4 | ||
| 0.73 | 0.37 | 0.44 | 0.75 | TRPL4 | ||
| 0.91 | 0.38 | 0.53 | 0.75 | TAEE11 | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Transmissora Preferred Stock performing well and Transmissora Aliana 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 Transmissora Aliana'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TAEE3 | 0.61 | (0.06) | 0.00 | (0.63) | 0.00 | 1.05 | 3.86 | |||
| SAPR4 | 1.04 | (0.16) | 0.00 | (1.09) | 0.00 | 1.80 | 9.53 | |||
| KLBN4 | 1.00 | (0.07) | 0.00 | (0.09) | 0.00 | 2.21 | 8.54 | |||
| TRPL4 | 0.61 | (0.08) | 0.00 | (0.13) | 0.00 | 1.29 | 7.09 | |||
| TAEE11 | 0.65 | (0.06) | 0.00 | 0.64 | 0.00 | 1.11 | 3.16 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Transmissora Aliana 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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Transmissora Aliana Corporate Management
Elected by the shareholders, the Transmissora Aliana's board of directors comprises two types of representatives: Transmissora Aliana inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Transmissora. The board's role is to monitor Transmissora Aliana's management team and ensure that shareholders' interests are well served. Transmissora Aliana'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, Transmissora Aliana's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Luis Alves | Deployment Board | Profile | |
| Andre Moreira | CEO Board | Profile | |
| Erik Breyer | Investor CFO | Profile | |
| Fabio Fernandes | Bus Board | Profile |