Genertec Universal Correlations
| 5UM Stock | EUR 0.57 0.01 1.72% |
The current 90-days correlation between Genertec Universal and FLOW TRADERS LTD is -0.1 (i.e., Good diversification). The correlation of Genertec Universal 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.
Genertec Universal Correlation With Market
Significant diversification
The correlation between Genertec Universal Medical and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Genertec Universal Medical and DJI in the same portfolio, assuming nothing else is changed.
Genertec |
The ability to find closely correlated positions to Genertec Universal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Genertec Universal 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 Genertec Universal - 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 Genertec Universal Medical to buy it.
Moving together with Genertec Stock
| 0.63 | 3CM | RLX TECH SPADR1 | PairCorr |
| 0.65 | COPA | COMPUGROUP MEDSPADR | PairCorr |
| 0.66 | COP | CompuGroup Medical | PairCorr |
| 0.67 | COP | Compugroup Medical | PairCorr |
Moving against Genertec Stock
| 0.54 | BYRA | PT Bank Rakyat | PairCorr |
| 0.53 | SSUN | Samsung Electronics | PairCorr |
| 0.52 | 1XZ | Ping An Healthcare | PairCorr |
| 0.52 | SSUN | Samsung Electronics | PairCorr |
| 0.52 | SSU | Samsung Electronics | PairCorr |
| 0.5 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.48 | SSU | Samsung Electronics | PairCorr |
| 0.47 | PQ9 | PT Bank Mandiri | PairCorr |
| 0.46 | KBIA | KB Financial Group | PairCorr |
| 0.41 | 9EH | Evolent Health | PairCorr |
| 0.31 | PTI | Perusahaan Perseroan | 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
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Risk-Adjusted Indicators
There is a big difference between Genertec Stock performing well and Genertec Universal 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 Genertec Universal'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| O3I | 1.09 | 0.26 | 0.20 | 1.22 | 0.98 | 2.83 | 6.73 | |||
| 2UA | 0.92 | (0.14) | 0.00 | 0.47 | 0.00 | 1.91 | 9.72 | |||
| 4T0 | 1.22 | 0.24 | 0.13 | (1.21) | 1.20 | 2.77 | 8.18 | |||
| VEFW | 0.66 | 0.19 | 0.22 | 0.91 | 0.55 | 1.48 | 5.17 | |||
| 2UA0 | 0.93 | (0.17) | 0.00 | 0.94 | 0.00 | 1.70 | 10.37 | |||
| MSI | 1.29 | (0.18) | 0.00 | 1.59 | 0.00 | 2.73 | 10.19 | |||
| 4GF | 1.81 | (0.05) | 0.00 | (0.14) | 0.00 | 5.45 | 14.53 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Genertec Universal 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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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
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Genertec Universal Corporate Management
Elected by the shareholders, the Genertec Universal's board of directors comprises two types of representatives: Genertec Universal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Genertec. The board's role is to monitor Genertec Universal's management team and ensure that shareholders' interests are well served. Genertec Universal'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, Genertec Universal's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Xiaohong Ge | Chief Accountant | Profile | |
| Feng Qingming | Chief Officer | Profile | |
| Wang Wenbing | CEO Director | Profile | |
| Jing Yang | Deputy Mang | Profile | |
| ACS ACIS | Company Sec | Profile |