Infineon Technologies Correlations
IFNNYDelisted Stock | USD 36.92 0.36 0.98% |
The correlation of Infineon Technologies 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 Infineon Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Infineon Technologies 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.
Significant diversification
The correlation between Infineon Technologies AG and NYA is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Infineon Technologies AG and NYA in the same portfolio, assuming nothing else is changed.
Infineon |
The ability to find closely correlated positions to Infineon Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Infineon Technologies 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 Infineon Technologies - 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 Infineon Technologies AG to buy it.
Moving together with Infineon OTC Stock
0.63 | MXL | MaxLinear Earnings Call This Week | PairCorr |
Moving against Infineon OTC Stock
0.55 | SGH | Smart Global Holdings Buyout Trend | PairCorr |
0.47 | ASX | ASE Industrial Holding Financial Report 25th of April 2024 | PairCorr |
0.42 | ARM | Arm Holdings plc Sell-off Trend | 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
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Risk-Adjusted Indicators
There is a big difference between Infineon OTC Stock performing well and Infineon Technologies OTC Stock 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 Infineon Technologies' 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 | ||
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RNECF | 2.19 | 0.07 | 0.01 | 0.30 | 2.70 | 5.83 | 14.43 | |||
POWI | 1.68 | (0.30) | 0.00 | (0.09) | 0.00 | 4.22 | 14.31 | |||
ROHCY | 1.63 | (0.42) | 0.00 | (0.49) | 0.00 | 2.56 | 12.11 | |||
MTSI | 1.92 | 0.21 | 0.10 | 0.18 | 2.15 | 4.28 | 10.03 | |||
SLAB | 2.22 | (0.03) | 0.01 | 0.03 | 2.37 | 4.62 | 18.54 | |||
DIOD | 1.72 | (0.19) | 0.00 | (0.05) | 0.00 | 4.19 | 9.51 | |||
MXL | 2.55 | (0.02) | 0.00 | 0.03 | 3.45 | 4.85 | 15.20 | |||
AMKR | 2.07 | (0.04) | 0.01 | 0.03 | 2.57 | 4.35 | 12.11 | |||
MCHP | 1.56 | (0.06) | (0.01) | 0.01 | 2.02 | 3.40 | 11.12 | |||
ON | 2.07 | (0.27) | 0.00 | (0.11) | 0.00 | 3.92 | 15.15 |
View Infineon Technologies Related Equities
Risk & Return | Correlation |
Infineon Technologies Corporate Management
Elected by the shareholders, the Infineon Technologies' board of directors comprises two types of representatives: Infineon Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Infineon. The board's role is to monitor Infineon Technologies' management team and ensure that shareholders' interests are well served. Infineon Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Infineon Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Peter Gruber | Sr. VP of Operations and Fin., Member of Supervisory Board and Member of Strategy and Technology Committee | Profile | |
Eckart Suenner | Member of the Supervisory Board | Profile | |
Jochen Hanebeck | Member of the Management Board | Profile | |
Annette Engelfried | Member of the Supervisory Board, Employee Representative | Profile | |
Manfred Puffer | Member of the Supervisory Board | Profile | |
Renate Koecher | Member of the Supervisory Board | Profile |
Still Interested in Infineon Technologies AG?
Investing in delisted otcs can be risky, as the otc stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in Infineon OTC Stock
If you are still planning to invest in Infineon Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Infineon Technologies' history and understand the potential risks before investing.
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