UNIQA Insurance Correlations
| UN9 Stock | EUR 15.66 0.02 0.13% |
The current 90-days correlation between UNIQA Insurance Group and Elis SA is 0.09 (i.e., Significant diversification). The correlation of UNIQA Insurance 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.
UNIQA Insurance Correlation With Market
Poor diversification
The correlation between UNIQA Insurance Group and DJI is 0.79 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding UNIQA Insurance Group and DJI in the same portfolio, assuming nothing else is changed.
UNIQA |
The ability to find closely correlated positions to UNIQA Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UNIQA Insurance 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 UNIQA Insurance - 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 UNIQA Insurance Group to buy it.
Moving together with UNIQA Stock
| 0.67 | JMI | Deep Yellow Limited | PairCorr |
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| 0.75 | WCE | CECO ENVIRONMENTAL | PairCorr |
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| 0.87 | MSI | Mitsui Chemicals | PairCorr |
| 0.71 | O3I | FLOW TRADERS LTD | PairCorr |
| 0.62 | NEF | Neste Oyj | PairCorr |
| 0.75 | WWR | Woolworths Group | PairCorr |
| 0.72 | 317A | STINGRAY GROUP INC | PairCorr |
| 0.76 | TCW | TOKYU STRUCTION | PairCorr |
| 0.67 | 7GA | Gestamp Automoción | PairCorr |
| 0.72 | LLD2 | Lloyds Banking Group Earnings Call This Week | PairCorr |
| 0.81 | KGHA | KGHM Polska Miedz | PairCorr |
| 0.87 | ALV | Allianz SE | PairCorr |
| 0.68 | GLDA | Amundi Physical Gold | PairCorr |
| 0.7 | NCO | Nedbank Group Limited | PairCorr |
| 0.74 | 01H | HORIBA | PairCorr |
Moving against UNIQA Stock
Related Correlations Analysis
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
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Risk-Adjusted Indicators
There is a big difference between UNIQA Stock performing well and UNIQA Insurance 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 UNIQA Insurance'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 6FO | 1.41 | 0.17 | 0.06 | (1.12) | 1.26 | 2.67 | 10.85 | |||
| CJ8A | 1.55 | 0.51 | 0.28 | (2.17) | 0.98 | 4.46 | 10.14 | |||
| 7EL | 0.97 | 0.13 | 0.06 | (7.70) | 0.91 | 2.25 | 5.16 | |||
| ESLC | 1.53 | (0.22) | 0.00 | 0.70 | 0.00 | 2.19 | 9.62 | |||
| MLB1 | 2.60 | (0.08) | 0.00 | (0.23) | 0.00 | 4.76 | 20.86 | |||
| GLE | 1.44 | 0.13 | 0.04 | (0.68) | 1.55 | 3.22 | 8.65 | |||
| 9MDA | 2.09 | (0.41) | 0.00 | (0.52) | 0.00 | 5.53 | 20.26 | |||
| PP1 | 1.60 | (0.36) | 0.00 | (1.21) | 0.00 | 2.78 | 7.67 | |||
| 99Q | 6.41 | (0.56) | 0.00 | (0.24) | 0.00 | 12.75 | 50.87 |
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UNIQA Insurance Corporate Management
Elected by the shareholders, the UNIQA Insurance's board of directors comprises two types of representatives: UNIQA Insurance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of UNIQA. The board's role is to monitor UNIQA Insurance's management team and ensure that shareholders' interests are well served. UNIQA Insurance'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, UNIQA Insurance's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Peter Humer | Member Board | Profile | |
| Magistrate Svoboda | CFO Board | Profile | |
| Klaus Pekarek | Member Board | Profile | |
| Iris Brachmaier | Group Officer | Profile | |
| Stoyan Angelov | Head Treasury | Profile | |
| Magistrate Gerlach | Member Board | Profile | |
| Erik Leyers | Head Board | Profile |