AP Moeller Correlations
| AMKAF Stock | USD 1,338 3.28 0.25% |
The correlation of AP Moeller 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 AP Moeller moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AP Moeller 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.
Significant diversification
The correlation between AP Moeller and NYA is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AP Moeller and NYA in the same portfolio, assuming nothing else is changed.
AMKAF |
The ability to find closely correlated positions to AP Moeller could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AP Moeller 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 AP Moeller - 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 AP Moeller to buy it.
Moving together with AMKAF Pink Sheet
| 0.67 | HPGLY | Hapag Lloyd Aktienge | PairCorr |
| 0.66 | HLAGF | Hapag Lloyd Aktienge | PairCorr |
| 0.99 | AMKBY | AP Moeller Maersk | PairCorr |
| 0.97 | AMKBF | AP Mller | PairCorr |
| 0.74 | NPNYY | Nippon Yusen Kabushiki | PairCorr |
| 0.85 | IRNRF | Iron Road Limited | PairCorr |
| 0.8 | IMHC | Imperalis Holding Corp | PairCorr |
| 0.89 | GSTX | Graphene Solar Techn | PairCorr |
| 0.91 | SRBBF | VPN Technologies | PairCorr |
Moving against AMKAF Pink Sheet
| 0.63 | LRDG | Lord Global Corp | PairCorr |
| 0.58 | NYUKF | Nippon Yusen Kabushiki | PairCorr |
| 0.57 | CICOY | COSCO SHIPPING Holdings Earnings Call Next Week | PairCorr |
| 0.46 | GBHPF | Global Hemp Group | PairCorr |
| 0.44 | TPDDF | Talon Energy | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between AMKAF Pink Sheet performing well and AP Moeller 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 AP Moeller'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 AP Moeller 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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AP Moeller Corporate Directors
AP Moeller corporate directors refer to members of an AP Moeller board of directors. The board of directors generally takes responsibility for the AP Moeller's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of AP Moeller's board members must vote for the resolution. The AP Moeller board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Marc Engel | Director | Profile | |
| Palle Rasmussen | Director | Profile | |
| Robert Uggla | Director | Profile | |
| Renata FrolovaHammer | Director, Employee Representative | Profile |
Already Invested in AP Moeller ?
The danger of trading AP Moeller 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 AP Moeller 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 AP Moeller. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AP Moeller 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AP Moeller . Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the AP Moeller information on this page should be used as a complementary analysis to other AP Moeller's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for AMKAF Pink Sheet analysis
When running AP Moeller's price analysis, check to measure AP Moeller'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 AP Moeller is operating at the current time. Most of AP Moeller's value examination focuses on studying past and present price action to predict the probability of AP Moeller's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AP Moeller's price. Additionally, you may evaluate how the addition of AP Moeller to your portfolios can decrease your overall portfolio volatility.
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