VGP NV Correlations
| VGPBF Stock | USD 114.10 2.63 2.25% |
The correlation of VGP 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.
VGP NV Correlation With Market
Good diversification
The correlation between VGP NV and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VGP NV and DJI in the same portfolio, assuming nothing else is changed.
VGP |
The ability to find closely correlated positions to VGP 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 VGP 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 VGP 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 VGP NV to buy it.
Moving together with VGP Pink Sheet
| 0.7 | DAIUF | Daifuku | PairCorr |
| 0.65 | ARR | ARMOUR Residential REIT | PairCorr |
| 0.67 | NAUT | Nautilus Biotechnology | PairCorr |
Moving against VGP Pink Sheet
| 0.72 | CSGP | CoStar Group | PairCorr |
| 0.67 | BEKE | Ke Holdings Potential Growth | PairCorr |
| 0.61 | NFPDF | Nissin Foods Holdings | PairCorr |
| 0.59 | CLLNY | Cellnex Telecom SA | PairCorr |
| 0.49 | CLNXF | Cellnex Telecom SA | PairCorr |
| 0.42 | YAMHF | Yamaha Motor | PairCorr |
| 0.59 | CFWFF | Calfrac Well Services | PairCorr |
| 0.43 | WSNAF | Wesana Health Holdings | PairCorr |
| 0.35 | ADVWW | Advantage Solutions | PairCorr |
| 0.32 | CMTDF | Sumitomo Mitsui Trust | PairCorr |
| 0.38 | GSVRF | Guanajuato Silver | PairCorr |
Related Correlations Analysis
| 0.12 | -0.17 | 0.2 | 0.0 | BALDF | ||
| 0.12 | -0.08 | -0.16 | 0.0 | SWPRF | ||
| -0.17 | -0.08 | -0.59 | 0.0 | WRFRF | ||
| 0.2 | -0.16 | -0.59 | 0.0 | CHVKF | ||
| 0.0 | 0.0 | 0.0 | 0.0 | DWHHF | ||
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 VGP Pink Sheet performing well and VGP 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 VGP 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BALDF | 0.39 | (0.02) | 0.00 | 0.03 | 0.00 | 0.00 | 15.87 | |||
| SWPRF | 0.05 | 0.01 | 0.00 | (1.05) | 0.00 | 0.00 | 1.52 | |||
| WRFRF | 1.67 | 0.06 | 0.00 | 0.16 | 2.89 | 8.03 | 27.05 | |||
| CHVKF | 1.73 | (0.60) | 0.00 | 1.14 | 0.00 | 4.35 | 17.25 | |||
| DWHHF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in VGP NV 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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Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
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VGP NV Corporate Management
| MiquelDavid Martinez | Chief Officer | Profile | |
| Martijn Vlutters | VP Relations | Profile | |
| Jonathan Watkins | Chief Europe | Profile | |
| Tomas Geet | Chief Officer | Profile | |
| Dirk Stoop | Company Sec | Profile | |
| Jan Geet | CEO Founder | Profile | |
| Karen Huybrechts | Head Marketing | Profile |