Intrum Justitia Correlations
| INTRUM Stock | SEK 27.00 0.91 3.26% |
The correlation of Intrum Justitia 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Intrum Justitia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intrum Justitia AB moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Very good diversification
The correlation between Intrum Justitia AB and NYA 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 Intrum Justitia AB and NYA in the same portfolio, assuming nothing else is changed.
Intrum |
The ability to find closely correlated positions to Intrum Justitia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intrum Justitia 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 Intrum Justitia - 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 Intrum Justitia AB to buy it.
Related Correlations Analysis
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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 Intrum Stock performing well and Intrum Justitia 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 Intrum Justitia'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.Be your own money manager
Our tools can tell you how much better you can do entering a position in Intrum Justitia 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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Intrum Justitia Corporate Management
Elected by the shareholders, the Intrum Justitia's board of directors comprises two types of representatives: Intrum Justitia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Intrum. The board's role is to monitor Intrum Justitia's management team and ensure that shareholders' interests are well served. Intrum Justitia'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, Intrum Justitia's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Johan Brodin | Chief Risk Officer | Profile | |
| Anna Fall | Chief Brand & Communications Officer | Profile | |
| Mohammed Salloum | Interim Officer | Profile | |
| Chantal VerbeekVingerhoed | Chief Officer | Profile | |
| Lina Claesson | Chief Officer | Profile | |
| Niklas Lundquist | Chief Legal Officer | Profile | |
| Michael Ladurner | Chief Officer | Profile |
Already Invested in Intrum Justitia AB?
The danger of trading Intrum Justitia AB is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Intrum Justitia is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Intrum Justitia. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Intrum Justitia AB is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intrum Justitia AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Intrum Stock analysis
When running Intrum Justitia's price analysis, check to measure Intrum Justitia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Intrum Justitia is operating at the current time. Most of Intrum Justitia's value examination focuses on studying past and present price action to predict the probability of Intrum Justitia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intrum Justitia's price. Additionally, you may evaluate how the addition of Intrum Justitia to your portfolios can decrease your overall portfolio volatility.
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