Aktia Bank Correlations
| AKTIA Stock | EUR 10.88 0.04 0.37% |
The current 90-days correlation between Aktia Bank Abp and Tokmanni Group Oyj is 0.14 (i.e., Average diversification). The correlation of Aktia Bank 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.
Aktia Bank Correlation With Market
Average diversification
The correlation between Aktia Bank Abp and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aktia Bank Abp and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Aktia Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aktia Bank 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 Aktia Bank - 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 Aktia Bank Abp to buy it.
Moving together with Aktia Stock
| 0.86 | ALBBV | Alandsbanken Abp B | PairCorr |
| 0.94 | TELIA1 | Telia Company | PairCorr |
| 0.98 | NDA-FI | Nordea Bank Abp | PairCorr |
| 0.93 | SSABAH | SSAB AB ser | PairCorr |
| 0.93 | SSABBH | SSAB AB ser | PairCorr |
| 0.94 | FORTUM | Fortum Oyj | PairCorr |
| 0.92 | NOKIA | Nokia Oyj | PairCorr |
Related Correlations Analysis
| 0.31 | 0.9 | 0.79 | 0.86 | SAMPO | ||
| 0.31 | 0.52 | 0.46 | 0.48 | TOKMAN | ||
| 0.9 | 0.52 | 0.86 | 0.9 | NDA-FI | ||
| 0.79 | 0.46 | 0.86 | 0.71 | TIETO | ||
| 0.86 | 0.48 | 0.9 | 0.71 | CAPMAN | ||
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Risk-Adjusted Indicators
There is a big difference between Aktia Stock performing well and Aktia Bank 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 Aktia Bank'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SAMPO | 0.73 | 0.14 | 0.21 | 1.75 | 0.74 | 1.41 | 5.66 | |||
| TOKMAN | 1.20 | 0.02 | 0.03 | 0.02 | 2.30 | 2.03 | 14.45 | |||
| NDA-FI | 0.97 | 0.29 | 0.29 | 2.16 | 0.83 | 2.37 | 6.76 | |||
| TIETO | 1.22 | 0.12 | 0.10 | 0.79 | 1.58 | 2.19 | 10.34 | |||
| CAPMAN | 1.27 | 0.26 | 0.24 | 1.60 | 0.97 | 3.11 | 8.76 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aktia Bank 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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Aktia Bank Corporate Management
Elected by the shareholders, the Aktia Bank's board of directors comprises two types of representatives: Aktia Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aktia. The board's role is to monitor Aktia Bank's management team and ensure that shareholders' interests are well served. Aktia Bank'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, Aktia Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| LLM eMBA | Ex CEO | Profile | |
| Ari Syrjalainen | G Counsel | Profile | |
| Petteri Arinen | Head Management | Profile | |
| Sini LLM | Ex HR | Profile | |
| Lotta Borgstrm | Head Communications | Profile | |
| Max Sundstrom | Member of the Executive Committee for Strategy, Concepts and Development of Digital Services | Profile | |
| Perttu MSc | Ex Management | Profile |