MITSUI FUDOSAN Correlations

Stocks . Germany . 
Stock . MITSUI FUDOSAN LOGPARK
85L Stock  EUR 585.00  20.00  3.31%   
The current 90-days correlation between MITSUI FUDOSAN LOGPARK and Apple Inc is 0.07 (i.e., Significant diversification). The correlation of MITSUI FUDOSAN 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.

MITSUI FUDOSAN Correlation With Market

Good diversification

The correlation between MITSUI FUDOSAN LOGPARK and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MITSUI FUDOSAN LOGPARK and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to MITSUI FUDOSAN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MITSUI FUDOSAN 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 MITSUI FUDOSAN - 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 MITSUI FUDOSAN LOGPARK to buy it.

Moving together with MITSUI Stock

  0.69SSU Samsung ElectronicsPairCorr
  0.73SSUN Samsung ElectronicsPairCorr
  0.74SSUN Samsung ElectronicsPairCorr
  0.7SSU Samsung ElectronicsPairCorr
  0.71TCID Telkom Indonesia TbkPairCorr
  0.77PTI Perusahaan PerseroanPairCorr
  0.73ECHA Ecopetrol SAPairCorr
  0.62AXI Atos SEPairCorr

Moving against MITSUI Stock

  0.38APC Apple IncPairCorr
  0.38APC Apple IncPairCorr
  0.38APC Apple IncPairCorr
  0.38APC Apple IncPairCorr
  0.38APC Apple IncPairCorr
  0.38APC Apple IncPairCorr
  0.34MSF MicrosoftPairCorr
  0.33MSF MicrosoftPairCorr
  0.33MSF MicrosoftPairCorr
  0.31MSF MicrosoftPairCorr
  0.68TSFA Taiwan SemiconductorPairCorr
  0.622CDA Controladora Vuela CompaaPairCorr
  0.62T9A TRAINLINE PLC LSPairCorr
  0.58WX7 Corporate Office ProPairCorr
  0.55WD5A TRAVEL LEISURE DLPairCorr
  0.54XYTA CHINA HUARONG ENERHDPairCorr
  0.53FFH Fifth Third BancorpPairCorr
  0.45EN3 EnbridgePairCorr
  0.44RS6 RELIANCE STEEL ALPairCorr
  0.4H1Q China BlueChemicalPairCorr
  0.35KOMA KOMATSU LTD SPONSPairCorr
  0.340XHR Xenia Hotels ResortsPairCorr
  0.73FNA ADRIATIC METALS LSPairCorr
  0.69C6TB CHINA BANK ADR20PairCorr
  0.67RC2 RCM TECHNOLOGIESPairCorr
  0.64WX1 Acadia Realty TrustPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between MITSUI Stock performing well and MITSUI FUDOSAN 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 MITSUI FUDOSAN'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
APC  0.90  0.23  0.18  1.20  0.93 
(1.00)
 1.81 
(1.75)
 4.97 
APC  0.84  0.26  0.19  0.93  0.98 
(0.92)
 1.88 
(1.73)
 5.24 
APC  0.85  0.23  0.19  0.68  0.86 
(0.94)
 2.06 
(1.76)
 4.50 
APC  0.92  0.24  0.16  20.15  1.07 
(0.97)
 2.22 
(1.83)
 6.45 
APC  0.91  0.23  0.20  5.09  0.79 
(1.06)
 2.33 
(1.69)
 5.24 
APC  0.85  0.25  0.20  1.43  0.99 
(0.96)
 1.88 
(1.61)
 6.46 
MSF  0.96  0.11  0.07  0.58  1.24 
(1.17)
 2.55 
(1.46)
 8.71 
MSF  1.04  0.09  0.05  1.34  1.36 
(1.18)
 2.35 
(1.75)
 9.11 
MSF  1.00  0.11  0.06  1.06  1.48 
(1.16)
 2.42 
(1.66)
 11.42 
MSF  0.93  0.09  0.04 (9.07) 1.35 
(1.02)
 2.04 
(1.49)
 8.79 

Be your own money manager

Our tools can tell you how much better you can do entering a position in MITSUI FUDOSAN 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 Balance Of Power Now

   

Balance Of Power

Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
All  Next Launch Module
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY