Adyen NV Correlations
| 1N8 Stock | EUR 1,493 12.60 0.84% |
The current 90-days correlation between Adyen NV and Transport International Holdings is 0.17 (i.e., Average diversification). The correlation of Adyen NV 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Adyen NV Correlation With Market
Significant diversification
The correlation between Adyen NV and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Adyen NV and DJI in the same portfolio, assuming nothing else is changed.
Adyen |
The ability to find closely correlated positions to Adyen NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adyen NV 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 Adyen NV - 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 Adyen NV to buy it.
Moving together with Adyen Stock
| 0.97 | 1N8U | ADYEN NV UNSPADR001 | PairCorr |
| 0.61 | 45C | CrowdStrike Holdings | PairCorr |
| 0.71 | VRS | VeriSign | PairCorr |
| 0.69 | PTX | Palantir Technologies | PairCorr |
| 0.64 | NVPJ | TMBThanachart Bank Public | PairCorr |
| 0.66 | OTP | OTP Bank Nyrt | PairCorr |
| 0.84 | 19YA | Yiren Digital Earnings Call Today | PairCorr |
| 0.78 | KGHA | KGHM Polska Miedz Earnings Call This Week | PairCorr |
| 0.64 | WPHB | Warehouses De Pauw | PairCorr |
| 0.78 | STD | STANDARD CHARTERED | PairCorr |
| 0.81 | C6TB | CHINA BANK ADR20 Earnings Call This Week | PairCorr |
| 0.66 | 07M | CN MODERN DAIRY | PairCorr |
| 0.65 | MM0 | MONETA MONEY BANK | PairCorr |
Moving against Adyen Stock
| 0.54 | BZG2 | PT Bank Central | PairCorr |
| 0.53 | TCID | Telkom Indonesia Tbk Earnings Call This Week | PairCorr |
| 0.52 | OB8 | PT Barito Pacific Earnings Call This Week | PairCorr |
| 0.51 | PJM | PT Bumi Resources | PairCorr |
| 0.44 | MSF | Microsoft | PairCorr |
| 0.43 | BYRA | PT Bank Rakyat | PairCorr |
| 0.39 | SQ3 | Square Inc | PairCorr |
| 0.5 | G91 | Globe Trade Centre | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Adyen Stock performing well and Adyen NV 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 Adyen NV'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KWO | 0.96 | 0.02 | 0.04 | 0.12 | 1.37 | 2.15 | 18.52 | |||
| GU0 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| US8 | 2.31 | (0.14) | 0.00 | (0.24) | 0.00 | 4.94 | 15.74 | |||
| FUY | 0.98 | (0.02) | 0.00 | (0.49) | 0.00 | 1.83 | 5.39 | |||
| EUH | 1.00 | 0.45 | 0.00 | (2.65) | 0.00 | 0.00 | 35.42 | |||
| FJZ | 2.26 | 0.22 | 0.09 | 0.25 | 2.60 | 6.15 | 12.11 | |||
| SCG | 1.57 | (0.59) | 0.00 | (16.02) | 0.00 | 1.37 | 35.00 | |||
| NRSA | 1.29 | (0.09) | 0.00 | (0.71) | 0.00 | 2.36 | 6.79 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Adyen NV 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 Watchlist Optimization Now
Watchlist OptimizationOptimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
| All Next | Launch Module |
Adyen NV Corporate Management
Elected by the shareholders, the Adyen NV's board of directors comprises two types of representatives: Adyen NV inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Adyen. The board's role is to monitor Adyen NV's management team and ensure that shareholders' interests are well served. Adyen NV's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Adyen NV's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Roelant Prins | Chief Commercial Officer, Member of the Management Board | Profile | |
| Fernando Ricco | Head Relations | Profile | |
| Jozef Beurden | Independent Member of the Supervisory Board | Profile | |
| Delfin Arroyo | Independent Member of the Supervisory Board | Profile |