Oxurion NV Correlations
| TG4 Stock | EUR 0.28 0.00 0.00% |
The correlation of Oxurion NV 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.
Oxurion |
The ability to find closely correlated positions to Oxurion NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oxurion NV 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 Oxurion NV - 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 Oxurion NV to buy it.
Related Correlations Analysis
| 0.23 | -0.04 | 0.16 | 0.6 | 0.33 | 0.44 | I9V | ||
| 0.23 | -0.67 | 0.65 | 0.67 | 0.78 | 0.24 | 1YD | ||
| -0.04 | -0.67 | -0.54 | -0.57 | -0.61 | -0.27 | NNR | ||
| 0.16 | 0.65 | -0.54 | 0.37 | 0.75 | 0.15 | A2P | ||
| 0.6 | 0.67 | -0.57 | 0.37 | 0.6 | 0.36 | 7RD | ||
| 0.33 | 0.78 | -0.61 | 0.75 | 0.6 | 0.38 | 63U | ||
| 0.44 | 0.24 | -0.27 | 0.15 | 0.36 | 0.38 | 47U | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Oxurion Stock performing well and Oxurion NV 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 Oxurion NV'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| I9V | 1.55 | 0.32 | 0.10 | (1.37) | 1.41 | 4.00 | 6.98 | |||
| 1YD | 2.03 | (0.07) | 0.00 | 0.08 | 2.88 | 4.41 | 12.00 | |||
| NNR | 0.81 | (0.03) | 0.00 | 0.23 | 0.00 | 1.53 | 8.82 | |||
| A2P | 2.28 | 0.36 | 0.09 | 2.99 | 2.29 | 5.94 | 19.43 | |||
| 7RD | 1.60 | 0.20 | 0.06 | 0.45 | 1.60 | 4.24 | 11.52 | |||
| 63U | 0.45 | 0.04 | 0.00 | 0.23 | 0.00 | 0.00 | 9.76 | |||
| 47U | 2.39 | 0.12 | 0.02 | 0.27 | 2.83 | 6.67 | 22.18 |
Oxurion NV Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Oxurion NV stock to make a market-neutral strategy. Peer analysis of Oxurion NV could also be used in its relative valuation, which is a method of valuing Oxurion NV by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Oxurion NV Corporate Management
Elected by the shareholders, the Oxurion NV's board of directors comprises two types of representatives: Oxurion NV inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Oxurion. The board's role is to monitor Oxurion NV's management team and ensure that shareholders' interests are well served. Oxurion NV'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, Oxurion NV's outside directors are responsible for providing unbiased perspectives on the board's policies.
| MD MBA | Chief Officer | Profile | |
| Kathleen Paisley | Chief Officer | Profile | |
| Thomas CFA | CFO CEO | Profile | |
| Julie Binon | Chief Officer | Profile | |
| Wouter Piepers | Global Relations | Profile | |
| Michael Dillen | Chief Sec | Profile |