Vantage Towers Correlations
| VTAGY Stock | USD 20.36 0.00 0.00% |
The current 90-days correlation between Vantage Towers AG and CBRE Group Class is 0.06 (i.e., Significant diversification). The correlation of Vantage Towers 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.
Vantage Towers Correlation With Market
Good diversification
The correlation between Vantage Towers AG and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vantage Towers AG and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Vantage Towers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vantage Towers 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 Vantage Towers - 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 Vantage Towers AG to buy it.
Moving together with Vantage Pink Sheet
| 0.94 | VTWRF | Vantage Towers AG | PairCorr |
| 0.7 | SE | Sea | PairCorr |
| 0.88 | QD | Qudian Inc | PairCorr |
| 0.8 | BE | Bloom Energy Corp | PairCorr |
| 0.71 | DRI | Darden Restaurants | PairCorr |
| 0.62 | FMCC | Federal Home Loan Upward Rally | PairCorr |
| 0.68 | HESAF | Hermes International SCA | PairCorr |
| 0.74 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.82 | NTES | NetEase | PairCorr |
| 0.76 | TOYO | TOYO Co, Tech Boost | PairCorr |
| 0.75 | MTSI | MACOM Technology Sol | PairCorr |
| 0.73 | RGTI | Rigetti Computing Aggressive Push | PairCorr |
| 0.73 | ONMD | OneMedNet Corp | PairCorr |
| 0.76 | PX | P10 Inc | PairCorr |
Moving against Vantage Pink Sheet
| 0.79 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.74 | BEKE | Ke Holdings | PairCorr |
| 0.73 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.71 | WRFRF | Wharf Real Estate | PairCorr |
| 0.67 | CLNXF | Cellnex Telecom SA | PairCorr |
| 0.65 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.64 | CLLNY | Cellnex Telecom SA | PairCorr |
| 0.57 | PTAIF | PT Astra International | PairCorr |
| 0.54 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.53 | PTAIY | Astra International Tbk | PairCorr |
| 0.46 | VONOY | Vonovia SE ADR | PairCorr |
| 0.34 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.7 | PBCRY | Bank Central Asia Earnings Call This Week | PairCorr |
| 0.68 | PBCRF | PT Bank Central Earnings Call This Week | PairCorr |
| 0.54 | BLSP | Blue Sphere Corp | PairCorr |
| 0.51 | GGROW | Gogoro Equity Warrant | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Vantage Pink Sheet performing well and Vantage Towers 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 Vantage Towers' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CBRE | 1.46 | 0.17 | 0.09 | 0.25 | 1.77 | 2.87 | 13.52 | |||
| CLNXF | 1.22 | (0.25) | 0.00 | (0.46) | 0.00 | 2.64 | 11.71 | |||
| CLLNY | 1.50 | (0.25) | 0.00 | (0.50) | 0.00 | 2.89 | 6.91 | |||
| CSGP | 1.56 | (0.08) | 0.00 | (0.05) | 0.00 | 2.95 | 9.86 | |||
| VONOY | 1.33 | (0.27) | 0.00 | (0.52) | 0.00 | 2.83 | 8.13 | |||
| VNNVF | 1.83 | (0.20) | 0.00 | (1.55) | 0.00 | 4.95 | 20.38 | |||
| BEKE | 2.29 | (0.35) | 0.00 | 1.31 | 0.00 | 5.28 | 19.05 | |||
| VTAGY | 0.13 | 0.05 | 0.00 | (1.72) | 0.00 | 0.00 | 4.20 | |||
| VTWRF | 0.12 | 0.05 | 0.00 | (1.80) | 0.00 | 0.00 | 3.86 | |||
| WRFRF | 1.80 | (0.44) | 0.00 | 1.45 | 0.00 | 3.75 | 21.98 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Vantage Towers 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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Vantage Towers Corporate Management
| Thomas Reisten | CFO Board | Profile | |
| Sonia Hernandez | Chief Officer | Profile | |
| Jose Rivera | Chief Officer | Profile | |
| Christian Sommer | Gen Officer | Profile | |
| Nikolaus Rama | HR Director | Profile | |
| Vivek Badrinath | Chairman CEO | Profile | |
| LieTin Wu | Head Relations | Profile |