Geberit AG Related Correlations

GBRF Stock

EUR 49.40 1.60 3.14%

Generate correlation matrix for Geberit AG and other related equities to check the degree to which Geberit AG price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Geberit AG. To filter out specific equities, please toggle its corresponding legend item. 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 census.

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Please note, there is a significant difference between Geberit AG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Geberit AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Geberit AG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Correlations

	GZ3	BBEA	2OW	GRH	7SN	NY7
GZ3		0.71	-0.4	0.0	-0.3	-0.82	GZ3
BBEA	0.71		-0.5	0.0	-0.07	-0.81	BBEA
2OW	-0.4	-0.5		0.0	0.37	0.58	2OW
GRH	0.0	0.0	0.0		0.0	0.0	GRH
7SN	-0.3	-0.07	0.37	0.0		0.36	7SN
NY7	-0.82	-0.81	0.58	0.0	0.36		NY7
	GZ3	BBEA	2OW	GRH	7SN	NY7

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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

BBEA	+ 0.71	GZ3
NY7	+ 0.58	2OW
7SN	+ 0.37	2OW
NY7	+ 0.36	7SN
GRH	+ 0.0	GZ3
GRH	+ 0.0	BBEA

High negative correlations

NY7	- 0.82	GZ3
NY7	- 0.81	BBEA
2OW	- 0.5	BBEA
2OW	- 0.4	GZ3
7SN	- 0.3	GZ3
7SN	- 0.07	BBEA

Risk-Adjusted Indicators

There is a big difference between Geberit Stock 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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
GZ3	1.89	(0.14)	0.00	0.63	0.00	0.00	4.08	(4.35)	13.55
BBEA	1.18	(0.29)	0.00	32.81	0.00	0.00	1.61	(2.12)	11.38
2OW	2.66	0.39	0.11	0.70	2.81	(3.48)	6.08	(4.35)	21.52
GRH	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
7SN	1.38	(0.05)	(0.02)	0.03	1.66	(1.79)	2.86	(2.54)	9.30
NY7	0.82	0.08	(0.01)	(0.38)	1.16	(0.81)	2.08	(1.62)	6.55

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Geberit AG Related Correlations

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