Warteck Invest Correlations
| WARN Stock | CHF 1,945 5.00 0.26% |
The current 90-days correlation between Warteck Invest and Allreal Holding is 0.11 (i.e., Average diversification). The correlation of Warteck Invest 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.
Warteck Invest Correlation With Market
Very good diversification
The correlation between Warteck Invest and DJI is -0.22 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Warteck Invest and DJI in the same portfolio, assuming nothing else is changed.
Warteck |
The ability to find closely correlated positions to Warteck Invest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Warteck Invest 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 Warteck Invest - 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 Warteck Invest to buy it.
Moving together with Warteck Stock
| 0.77 | ALLN | Allreal Holding | PairCorr |
| 0.77 | MOBN | Mobimo Hldg | PairCorr |
| 0.79 | ISN | Intershop Holding | PairCorr |
| 0.82 | PLAN | Plazza AG Earnings Call This Week | PairCorr |
| 0.88 | FREN | Fundamenta Real Estate | PairCorr |
| 0.74 | ZUBN | Zueblin Immobilien | PairCorr |
Moving against Warteck Stock
Related Correlations Analysis
| 0.95 | 0.68 | 0.94 | 0.93 | ALLN | ||
| 0.95 | 0.62 | 0.97 | 0.94 | MOBN | ||
| 0.68 | 0.62 | 0.56 | 0.59 | ZUBN | ||
| 0.94 | 0.97 | 0.56 | 0.97 | SPSN | ||
| 0.93 | 0.94 | 0.59 | 0.97 | PSPN | ||
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Risk-Adjusted Indicators
There is a big difference between Warteck Stock performing well and Warteck Invest 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 Warteck Invest'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ALLN | 0.51 | 0.14 | 0.28 | 19.15 | 0.34 | 1.29 | 3.15 | |||
| MOBN | 0.62 | 0.19 | 0.26 | 1.26 | 0.48 | 1.43 | 4.95 | |||
| ZUBN | 1.84 | 0.23 | 0.09 | (0.30) | 2.25 | 4.57 | 14.25 | |||
| SPSN | 0.58 | 0.15 | 0.18 | 1.99 | 0.66 | 1.20 | 4.06 | |||
| PSPN | 0.57 | 0.11 | 0.16 | 6.45 | 0.63 | 1.19 | 4.50 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Warteck Invest 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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Warteck Invest Corporate Management
Elected by the shareholders, the Warteck Invest's board of directors comprises two types of representatives: Warteck Invest inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Warteck. The board's role is to monitor Warteck Invest's management team and ensure that shareholders' interests are well served. Warteck Invest'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, Warteck Invest's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Philippe Moulin | Chief Board | Profile | |
| Salvatore Sam | Head Squad | Profile | |
| Daniel Petitjean | CEO Board | Profile | |
| Marco Screti | Head Squad | Profile | |
| Daniel Lanfranconi | CFO Board | Profile | |
| Astrid Lthi | Deputy Accounting | Profile |