Hoist Finance Correlations
| 4HF Stock | EUR 8.11 0.07 0.86% |
The current 90-days correlation between Hoist Finance AB and Walker Dunlop is 0.36 (i.e., Weak diversification). The correlation of Hoist Finance 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.
Hoist Finance Correlation With Market
Good diversification
The correlation between Hoist Finance AB and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hoist Finance AB and DJI in the same portfolio, assuming nothing else is changed.
Hoist |
The ability to find closely correlated positions to Hoist Finance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hoist Finance 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 Hoist Finance - 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 Hoist Finance AB to buy it.
Moving together with Hoist Stock
| 0.67 | TL0 | Tesla Inc | PairCorr |
| 0.64 | GM0N | GLOBUS MEDICAL A | PairCorr |
| 0.61 | HU3 | Huntington Bancshares | PairCorr |
| 0.73 | GTX | Gentex | PairCorr |
| 0.61 | ATR0 | ATHENE HOLDING PRFSERC | PairCorr |
| 0.66 | J7Z | Jazz Pharmaceuticals plc | PairCorr |
Moving against Hoist Stock
| 0.63 | BYRA | PT Bank Rakyat | PairCorr |
| 0.6 | TCID | Telkom Indonesia Tbk | PairCorr |
| 0.57 | OB8 | PT Barito Pacific | PairCorr |
| 0.48 | NVPJ | TMBThanachart Bank Public | PairCorr |
| 0.34 | 46P1 | Paragon Banking Group | PairCorr |
| 0.53 | LHL1 | Lenovo Group Limited | PairCorr |
| 0.41 | 9RV | REVLTNRY CNCPT | PairCorr |
| 0.37 | CHK | China Resources Beer | PairCorr |
Related Correlations Analysis
| 0.27 | 0.21 | 0.52 | 0.42 | 0.34 | 0.25 | F6H | ||
| 0.27 | 0.07 | 0.44 | 0.22 | 0.22 | 0.15 | 5WD | ||
| 0.21 | 0.07 | 0.15 | 0.03 | -0.01 | -0.34 | 46P1 | ||
| 0.52 | 0.44 | 0.15 | 0.37 | 0.56 | 0.38 | 19H | ||
| 0.42 | 0.22 | 0.03 | 0.37 | 0.37 | 0.01 | BEW | ||
| 0.34 | 0.22 | -0.01 | 0.56 | 0.37 | 0.59 | FHL | ||
| 0.25 | 0.15 | -0.34 | 0.38 | 0.01 | 0.59 | 4HF | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Hoist Stock performing well and Hoist Finance 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 Hoist Finance'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| F6H | 3.19 | 1.61 | 0.39 | 3.10 | 1.39 | 5.36 | 93.25 | |||
| 5WD | 1.61 | (0.03) | 0.00 | (0.08) | 0.00 | 3.56 | 7.89 | |||
| 46P1 | 1.54 | (0.04) | 0.00 | (0.03) | 0.00 | 3.37 | 9.97 | |||
| 19H | 0.89 | 0.08 | 0.05 | 0.37 | 1.08 | 2.08 | 6.29 | |||
| BEW | 2.22 | 0.05 | 0.01 | (0.54) | 2.30 | 5.29 | 12.35 | |||
| FHL | 5.37 | 1.52 | 0.24 | 0.75 | 5.21 | 16.57 | 44.54 | |||
| 4HF | 2.15 | 0.14 | 0.04 | (1.54) | 2.44 | 3.83 | 24.58 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hoist Finance 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?
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Piotroski F ScoreGet Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
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Hoist Finance Corporate Management
Elected by the shareholders, the Hoist Finance's board of directors comprises two types of representatives: Hoist Finance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hoist. The board's role is to monitor Hoist Finance's management team and ensure that shareholders' interests are well served. Hoist Finance'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, Hoist Finance's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ingrid Osthols | Head Relations | Profile | |
| Julia Agha | Communication Mang | Profile | |
| Viktor Nykvist | Chief Counsel | Profile | |
| Yngve Ralph | Head Projects | Profile | |
| Jelle Dekkers | Chief Officer | Profile | |
| Clemente Reale | Country Italy | Profile |