Chocoladefabriken Correlations

LSPP Stock

EUR 6,315 0.00 0.00%

The current 90-days correlation between Chocoladefabriken Lindt and Sdzucker AG is 0.03 (i.e., Significant diversification). The correlation of Chocoladefabriken 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.

Chocoladefabriken Correlation With Market

Good diversification

The correlation between Chocoladefabriken Lindt Sprngl and NYA is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Chocoladefabriken Lindt Sprngl and NYA in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Chocoladefabriken could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chocoladefabriken 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 Chocoladefabriken - 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 Chocoladefabriken Lindt Sprngli to buy it.

Moving together with Chocoladefabriken Stock

0.78	BCLM	BARRY CALLEBA ADR	Pair Corr
0.76	SZU	Sdzucker AG	Pair Corr
0.61	16R	ROGERS SUGAR INC	Pair Corr
0.71	SVM	Sovereign Metals	Pair Corr
0.88	7NM	NORDIC MINING ASA	Pair Corr
0.71	KB9	KBC Ancora SCA	Pair Corr
0.74	KGHA	KGHM Polska Miedz	Pair Corr
0.8	APC	Apple Inc	Pair Corr
0.83	C9F	Chipotle Mexican Grill	Pair Corr
0.79	APC	Apple Inc	Pair Corr
0.79	APC	Apple Inc	Pair Corr
0.94	AMI	amalphi ag	Pair Corr

Moving against Chocoladefabriken Stock

0.86	8VY	SCANDION ONC DK	Pair Corr
0.81	GOC	Star Diamond	Pair Corr
0.56	DBPD	Xtrackers ShortDAX	Pair Corr
0.49	D7V	PT Mayora Indah	Pair Corr
0.46	1WO	Workhorse Group	Pair Corr
0.43	1WO	Workhorse Group	Pair Corr

Related Correlations Analysis

	LSPP	D7V	SZU	8SP	INVN	IUI1	RS6	3RKU	VUSA	7FP
LSPP		-0.49	0.76	-0.67	-0.76	0.34	-0.89	0.03	0.5	0.63	LSPP
D7V	-0.49		-0.44	0.74	0.6	-0.06	0.48	-0.02	0.03	-0.23	D7V
SZU	0.76	-0.44		-0.54	-0.81	0.57	-0.56	0.24	0.69	0.82	SZU
8SP	-0.67	0.74	-0.54		0.7	-0.32	0.71	0.11	-0.21	-0.45	8SP
INVN	-0.76	0.6	-0.81	0.7		-0.34	0.58	-0.06	-0.48	-0.61	INVN
IUI1	0.34	-0.06	0.57	-0.32	-0.34		-0.33	0.03	0.8	0.75	IUI1
RS6	-0.89	0.48	-0.56	0.71	0.58	-0.33		0.07	-0.37	-0.5	RS6
3RKU	0.03	-0.02	0.24	0.11	-0.06	0.03	0.07		0.01	-0.02	3RKU
VUSA	0.5	0.03	0.69	-0.21	-0.48	0.8	-0.37	0.01		0.86	VUSA
7FP	0.63	-0.23	0.82	-0.45	-0.61	0.75	-0.5	-0.02	0.86		7FP
	LSPP	D7V	SZU	8SP	INVN	IUI1	RS6	3RKU	VUSA	7FP

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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

7FP	+ 0.86	VUSA
7FP	+ 0.82	SZU
VUSA	+ 0.8	IUI1
SZU	+ 0.76	LSPP
7FP	+ 0.75	IUI1
8SP	+ 0.74	D7V

High negative correlations

RS6	- 0.89	LSPP
INVN	- 0.81	SZU
INVN	- 0.76	LSPP
8SP	- 0.67	LSPP
7FP	- 0.61	INVN
RS6	- 0.56	SZU

Risk-Adjusted Indicators

There is a big difference between Chocoladefabriken Stock performing well and Chocoladefabriken 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 Chocoladefabriken'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
LSPP	0.07	0.02	0.00	(1.35)	0.00	0.00	0.00	0.00	2.27
D7V	0.23	0.00	0.00	(0.01)	0.00	0.00	0.00	0.00	14.84
SZU	0.89	0.14	0.13	0.99	0.85	(1.16)	3.11	(1.97)	6.84
8SP	0.88	(0.07)	0.00	1.34	0.00	0.00	1.65	(1.61)	5.23
INVN	3.44	(0.93)	0.00	(2.08)	0.00	0.00	8.49	(10.37)	36.27
IUI1	1.18	0.14	0.09	0.47	1.49	(1.26)	2.52	(2.23)	7.14
RS6	1.05	(0.13)	0.00	0.32	0.00	0.00	2.01	(2.58)	12.72
3RKU	1.72	0.07	0.03	0.20	2.03	(1.97)	3.52	(4.35)	12.24
VUSA	0.48	0.08	0.15	8.25	0.36	(0.51)	1.18	(0.83)	2.61
7FP	1.45	0.26	0.16	10.60	1.40	(1.54)	3.13	(2.63)	12.55

Be your own money manager

Our tools can tell you how much better you can do entering a position in Chocoladefabriken 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.

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Chocoladefabriken Corporate Management

Elected by the shareholders, the Chocoladefabriken's board of directors comprises two types of representatives: Chocoladefabriken inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Chocoladefabriken. The board's role is to monitor Chocoladefabriken's management team and ensure that shareholders' interests are well served. Chocoladefabriken'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, Chocoladefabriken's outside directors are responsible for providing unbiased perspectives on the board's policies.

Guido Steiner	Member Officer	Profile
Rudi Blatter	Chief Canada	Profile
Dieter Weisskopf	Group Management	Profile
Martin Hug	Head CFO	Profile
Daniel Studer	Head Operations	Profile
Adalbert Lechner	Member Management	Profile
Jennifer Picenoni	Group Management	Profile

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