Atrium Ljungberg Correlations
| A1A Stock | EUR 15.34 0.20 1.32% |
The current 90-days correlation between Atrium Ljungberg and Broadridge Financial Solutions is 0.33 (i.e., Weak diversification). The correlation of Atrium Ljungberg 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.
Atrium Ljungberg Correlation With Market
Modest diversification
The correlation between Atrium Ljungberg AB and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Atrium Ljungberg AB and DJI in the same portfolio, assuming nothing else is changed.
Atrium |
The ability to find closely correlated positions to Atrium Ljungberg could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atrium Ljungberg 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 Atrium Ljungberg - 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 Atrium Ljungberg AB to buy it.
Moving together with Atrium Stock
| 0.65 | RDH | RADIANCE HLDGS GRPHD Earnings Call This Week | PairCorr |
| 0.79 | 2PR3 | Pruksa Holding Public | PairCorr |
| 0.87 | LIE | Sun Life Financial | PairCorr |
| 0.7 | KWE1 | Ring Energy | PairCorr |
| 0.83 | 74G | DIVIDEND GROWTH SPLIT | PairCorr |
| 0.65 | I7G | Ipsen SA | PairCorr |
Moving against Atrium Stock
| 0.8 | 6FLA | SEAZEN GROUP LTD Earnings Call This Week | PairCorr |
| 0.62 | CHZ | China Resources Land Earnings Call This Week | PairCorr |
| 0.52 | AV6 | Avista | PairCorr |
| 0.51 | CMW | CHINA M SRVCS Earnings Call This Week | PairCorr |
| 0.43 | 3YZ | CTP NV EO | PairCorr |
| 0.41 | VOWA | VOLKSWAGEN ADR 110ON | PairCorr |
| 0.8 | APM | AD PEPPER MEDIA | PairCorr |
| 0.79 | RHM | Rheinmetall AG | PairCorr |
| 0.75 | VVDH | Veolia Environnement | PairCorr |
| 0.71 | VOW | Volkswagen AG | PairCorr |
| 0.66 | CJH | CanSino Biologics | PairCorr |
| 0.64 | AG1 | AUTO1 Group SE | PairCorr |
| 0.64 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.6 | 19YA | Yiren Digital | PairCorr |
| 0.56 | KGHA | KGHM Polska Miedz Earnings Call This Week | PairCorr |
| 0.56 | STD | STANDARD CHARTERED | PairCorr |
| 0.47 | MM0 | MONETA MONEY BANK | PairCorr |
| 0.45 | WY8 | Universal Health Realty | PairCorr |
| 0.45 | E908 | Lyxor 1 | PairCorr |
| 0.34 | LBL | KAROON GAS AUST | PairCorr |
| 0.33 | INL | Intel | PairCorr |
Related Correlations Analysis
| 0.07 | -0.05 | 0.0 | 0.64 | -0.32 | 0.48 | 5B9 | ||
| 0.07 | 0.58 | 0.0 | -0.43 | 0.59 | 0.77 | 59V | ||
| -0.05 | 0.58 | 0.0 | -0.43 | 0.3 | 0.53 | FUY | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | S4Q | ||
| 0.64 | -0.43 | -0.43 | 0.0 | -0.36 | -0.06 | VTE1 | ||
| -0.32 | 0.59 | 0.3 | 0.0 | -0.36 | 0.26 | F3J | ||
| 0.48 | 0.77 | 0.53 | 0.0 | -0.06 | 0.26 | 7VS | ||
| 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 Atrium Stock performing well and Atrium Ljungberg 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 Atrium Ljungberg'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 5B9 | 0.98 | (0.01) | 0.00 | (0.16) | 0.00 | 1.94 | 6.29 | |||
| 59V | 0.98 | 0.08 | 0.10 | (0.58) | 1.05 | 1.90 | 5.83 | |||
| FUY | 1.01 | 0.03 | 0.06 | (1.01) | 1.21 | 1.85 | 5.39 | |||
| S4Q | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VTE1 | 2.17 | 0.12 | 0.05 | 0.17 | 2.53 | 3.54 | 22.35 | |||
| F3J | 1.97 | 0.24 | 0.12 | (1.45) | 2.39 | 4.19 | 17.68 | |||
| 7VS | 1.42 | 0.23 | 0.14 | 3.26 | 1.98 | 3.06 | 11.26 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Atrium Ljungberg 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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Atrium Ljungberg Corporate Management
Elected by the shareholders, the Atrium Ljungberg's board of directors comprises two types of representatives: Atrium Ljungberg inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Atrium. The board's role is to monitor Atrium Ljungberg's management team and ensure that shareholders' interests are well served. Atrium Ljungberg'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, Atrium Ljungberg's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Charlotta Gustafson | Retail Leasing | Profile | |
| Linus Kjellberg | Business Area Director, Business Development | Profile | |
| Per Karmteg | CIO | Profile | |
| Josefina Kindqvist | Head Department | Profile | |
| Mattias Celinder | Business Area Director, Properties | Profile |