Koninklijke Ahold Correlations

AHOG Stock  EUR 34.30  0.11  0.32%   
The current 90-days correlation between Koninklijke Ahold and Burlington Stores is -0.04 (i.e., Good diversification). The correlation of Koninklijke Ahold 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.

Koninklijke Ahold Correlation With Market

Good diversification

The correlation between Koninklijke Ahold Delhaize and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Koninklijke Ahold Delhaize and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Koninklijke Ahold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Koninklijke Ahold 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 Koninklijke Ahold - 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 Koninklijke Ahold Delhaize to buy it.

Moving together with Koninklijke Stock

  0.98AHOG Koninklijke AholdPairCorr
  0.85AHOD AHOLD DELHAIADR16PairCorr
  0.67KEI KEISEI EL RAILWAY SplitPairCorr
  0.62ROM Rohm CoPairCorr
  0.66MRG Outcrop Silver GoldPairCorr
  0.73TLLB Trelleborg ABPairCorr
  0.61BRH Berkshire HathawayPairCorr
  0.78E908 Lyxor 1PairCorr
  0.76DBPE Xtrackers LevDAXPairCorr

Moving against Koninklijke Stock

  0.69L8G Loblaw CompaniesPairCorr
  0.49LYV Lundin Energy ABPairCorr
  0.47D7GA NEL ASA ADR30PairCorr
  0.75DBPD Xtrackers ShortDAXPairCorr
  0.33TTO TTL Beteiligungs undPairCorr

Related Correlations Analysis

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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   
ATDVEFW
CS2VEFW
CS2ATD
BUIVEFW
FT1VEFW
FT1ATD
  
High negative correlations   
KDICBUI
KDICVEFW
ATDKDIC
CS2KDIC
FT1BUI
CS2DG9

Risk-Adjusted Indicators

There is a big difference between Koninklijke Stock performing well and Koninklijke Ahold 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 Koninklijke Ahold'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Koninklijke Ahold 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.

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Koninklijke Ahold Corporate Executives

Elected by the shareholders, the Koninklijke Ahold's board of directors comprises two types of representatives: Koninklijke Ahold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Koninklijke. The board's role is to monitor Koninklijke Ahold's management team and ensure that shareholders' interests are well served. Koninklijke Ahold'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, Koninklijke Ahold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Wouter KolkCOO the Netherlands and Belgium, Member of the Executive CommitteeProfile