Geberit AG Correlations
| GBERF Stock | USD 540.88 43.12 7.38% |
The correlation of Geberit AG 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 Geberit AG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Geberit AG 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 Geberit AG and NYA is -0.25 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Geberit AG and NYA in the same portfolio, assuming nothing else is changed.
Geberit |
The ability to find closely correlated positions to Geberit AG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Geberit AG 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 Geberit AG - 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 Geberit AG to buy it.
Moving against Geberit Pink Sheet
| 0.57 | CODYY | Compagnie de Saint Earnings Call This Week | PairCorr |
| 0.57 | CODGF | Compagnie de Saint | PairCorr |
| 0.47 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.47 | MPLX | MPLX LP Earnings Call This Week | PairCorr |
| 0.44 | TT | Trane Technologies plc Earnings Call This Week | PairCorr |
| 0.44 | ALSN | Allison Transmission Earnings Call This Week | PairCorr |
| 0.42 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.42 | MUSA | Murphy USA Financial Report 7th of May 2024 | PairCorr |
| 0.41 | BLDR | Builders FirstSource Financial Report 1st of May 2024 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Geberit Pink Sheet performing well and Geberit AG 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 Geberit AG'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 Geberit AG 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?
Run Price Transformation Now
Price TransformationUse Price Transformation models to analyze the depth of different equity instruments across global markets |
| All Next | Launch Module |
Geberit AG Corporate Directors
Geberit AG corporate directors refer to members of a Geberit AG board of directors. The board of directors generally takes responsibility for the Geberit AG'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 Geberit AG's board members must vote for the resolution. The Geberit AG board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Eunice ZehnderLai | Non-Executive Independent Member of the Board of Directors | Profile | |
| Regi Aalstad | Non-Executive Independent Member of the Board of Directors | Profile | |
| Joergen TangJensen | Non-Executive Independent Member of the Board of Directors | Profile | |
| Thomas Huebner | Non-Executive Independent Member of Board of Directors | Profile |
Already Invested in Geberit AG?
The danger of trading Geberit AG 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 Geberit AG 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 Geberit AG. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Geberit AG 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 Geberit AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Geberit Pink Sheet analysis
When running Geberit AG's price analysis, check to measure Geberit AG'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 Geberit AG is operating at the current time. Most of Geberit AG's value examination focuses on studying past and present price action to predict the probability of Geberit AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Geberit AG's price. Additionally, you may evaluate how the addition of Geberit AG to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |