Vossloh AG Correlations

Stocks . Germany . 
Stock . Vossloh AG
VOS Stock   42.35  0.05  0.12%   
The current 90-days correlation between Vossloh AG and Apple Inc is 0.05 (i.e., Significant diversification). The correlation of Vossloh AG 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.

Vossloh AG Correlation With Market

Modest diversification

The correlation between Vossloh AG and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vossloh AG and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Vossloh AG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vossloh AG 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 Vossloh AG - 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 Vossloh AG to buy it.

Moving together with Vossloh Stock

  0.63BUU DevEx ResourcesPairCorr

Moving against Vossloh Stock

  0.56MSF MicrosoftPairCorr
  0.56MSF MicrosoftPairCorr
  0.56MSF MicrosoftPairCorr
  0.55MSF MicrosoftPairCorr
  0.52APC Apple IncPairCorr
  0.51APC Apple IncPairCorr
  0.51APC Apple IncPairCorr
  0.5APC Apple IncPairCorr
  0.5APC Apple IncPairCorr
  0.49APC Apple IncPairCorr
  0.32GSR Gossan ResourcesPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Vossloh Stock performing well and Vossloh AG 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 Vossloh AG'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
APC  1.07  0.12  0.02  0.57  1.32 
(1.05)
 2.12 
(2.21)
 6.17 
APC  1.08  0.11  0.02  0.46  1.40 
(1.09)
 2.09 
(2.22)
 6.90 
APC  1.02  0.09  0.02  0.30  1.22 
(1.07)
 2.21 
(1.96)
 5.72 
APC  1.12  0.15  0.02  2.85  1.46 
(1.16)
 2.24 
(2.65)
 9.79 
APC  1.18  0.15  0.03  1.74  1.19 
(1.51)
 2.96 
(2.05)
 8.21 
APC  0.96  0.13  0.02  1.53  1.26 
(1.01)
 2.29 
(2.15)
 7.12 
MSF  1.01  0.09  0.01  0.43  1.22 
(1.29)
 2.55 
(1.44)
 8.71 
MSF  1.02  0.10  0.01  0.47  1.33 
(1.20)
 2.35 
(1.75)
 9.11 
MSF  1.07  0.11  0.01  0.78  1.43 
(1.32)
 2.42 
(1.64)
 11.42 
MSF  1.01  0.12  0.02  1.05  1.33 
(1.12)
 2.04 
(1.53)
 8.79 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Vossloh AG 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 Global Markets Map Now

   

Global Markets Map

Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
All  Next Launch Module

Vossloh AG Corporate Executives

Elected by the shareholders, the Vossloh AG's board of directors comprises two types of representatives: Vossloh AG inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vossloh. The board's role is to monitor Vossloh AG's management team and ensure that shareholders' interests are well served. Vossloh AG'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, Vossloh AG's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas TriskaCFO BoardProfile
Jan FurnivallCOO BoardProfile
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY