Television Francaise Correlations

TFI Stock  EUR 7.36  0.01  0.14%   
The current 90-days correlation between Television Francaise and Mtropole Tlvision SA is 0.66 (i.e., Poor diversification). The correlation of Television Francaise 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.

Television Francaise Correlation With Market

Average diversification

The correlation between Television Francaise 1 and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Television Francaise 1 and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Television Francaise could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Television Francaise 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 Television Francaise - 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 Television Francaise 1 to buy it.

Moving together with Television Stock

  0.65SESG SES S APairCorr
  0.78MMT Mtropole TlvisionPairCorr
  0.84BNP BNP Paribas SAPairCorr
  0.69ACA Credit Agricole SAPairCorr
  0.68TTE TotalEnergies SEPairCorr

Moving against Television Stock

  0.53SGO Compagnie de SaintPairCorr
  0.46MLCFD Compagnie de CheminsPairCorr
  0.37GLE Societe GeneralePairCorr
  0.33ATO Atos SEPairCorr
  0.31WLN Worldline SAPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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   
ENMMT
NXIMMB
NXIEN
ENMMB
NXIMMT
MMBMMT
  
High negative correlations   
PUBMMT
PUBEN
NXIPUB
PUBMMB

Risk-Adjusted Indicators

There is a big difference between Television Stock performing well and Television Francaise 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 Television Francaise'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 Television Francaise 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 Equity Forecasting Now

   

Equity Forecasting

Use basic forecasting models to generate price predictions and determine price momentum
All  Next Launch Module

Television Francaise Corporate Management

Elected by the shareholders, the Television Francaise's board of directors comprises two types of representatives: Television Francaise inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Television. The board's role is to monitor Television Francaise's management team and ensure that shareholders' interests are well served. Television Francaise'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, Television Francaise's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stphanie LavalHead RelationsProfile
JeanFranois LancelierProgrammes BroadcastingProfile
Herv PavardInformation TechnologiesProfile
Santiago CasariegoHead ContentProfile
Didier CasasG CounselProfile