Sydinvest Konservativ Related Correlations

Stocks . Denmark . 
Stock . Sydinvest Konservativ
SYVKUA Stock  DKK 99.30  0.00  0.00%   
Generate correlation matrix for Sydinvest Konservativ and other related equities to check the degree to which Sydinvest Konservativ 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 Sydinvest Konservativ. To filter out specific equities, please toggle its corresponding legend item. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sydinvest Konservativ. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
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Please note, there is a significant difference between Sydinvest Konservativ's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sydinvest Konservativ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sydinvest Konservativ'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

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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   
MAERSK-A
+ 0.99
MAERSK-B
COLO-B
+ 0.93
NOVO-B
MAERSK-A
+ 0.92
DSV
MAERSK-B
+ 0.9
DSV
COLO-B
+ 0.72
GMAB
GMAB
+ 0.7
NOVO-B
  
High negative correlations   
COLO-B
- 0.96
MAERSK-A
COLO-B
- 0.95
MAERSK-B
MAERSK-B
- 0.93
NOVO-B
COLO-B
- 0.91
DSV
MAERSK-A
- 0.91
NOVO-B
DSV
- 0.87
NOVO-B

Risk-Adjusted Indicators

There is a big difference between Sydinvest Stock performing well and Sydinvest Konservativ 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 Sydinvest Konservativ'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
NOVO-B  1.27  0.27  0.16  1.51  1.02 
(1.47)
 3.56 
(1.86)
 10.55 
NDA-DK  1.00  0.04 (0.04)(0.03) 1.82 
(0.89)
 1.69 
(2.31)
 7.45 
DSV  0.95 (0.22) 0.00  2.04  0.00 
 0.00 
 1.69 
(2.28)
 5.34 
MAERSK-B  1.84 (0.46) 0.00  1.05  0.00 
 0.00 
 2.83 
(3.39)
 17.69 
MAERSK-A  1.66 (0.37) 0.00  0.88  0.00 
 0.00 
 2.74 
(3.12)
 17.58 
ORSTED  1.78  0.04 (0.02)(0.27) 2.22 
(1.67)
 3.76 
(3.28)
 9.31 
VWS  1.33 (0.06) 0.00 (0.15) 0.00 
 0.00 
 2.91 
(2.97)
 9.89 
GMAB  1.40  0.08 (0.02)(0.06) 1.69 
(1.53)
 2.95 
(2.80)
 9.79 
COLO-B  1.05  0.15  0.07  0.53  1.10 
(1.12)
 1.88 
(2.07)
 12.51 
CARL-B  0.79  0.08  0.02  0.48  0.86 
(0.95)
 2.20 
(1.59)
 7.20 
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