Dassault Aviation Correlations
| AM Stock | EUR 307.00 0.60 0.20% |
The current 90-days correlation between Dassault Aviation and Thales SA is 0.88 (i.e., Very poor diversification). The correlation of Dassault Aviation 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.
Dassault Aviation Correlation With Market
Good diversification
The correlation between Dassault Aviation SA and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dassault Aviation SA and DJI in the same portfolio, assuming nothing else is changed.
Dassault |
The ability to find closely correlated positions to Dassault Aviation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dassault Aviation 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 Dassault Aviation - 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 Dassault Aviation SA to buy it.
Moving together with Dassault Stock
| 0.62 | AIR | Airbus Group SE | PairCorr |
| 0.77 | SAF | Safran SA | PairCorr |
| 0.99 | HO | Thales SA | PairCorr |
| 0.78 | FII | Lisi SA | PairCorr |
| 0.98 | EXA | Exail Technologies Earnings Call Today | PairCorr |
| 0.8 | ABCA | ABC arbitrage SA Earnings Call Today | PairCorr |
| 0.64 | WAVE | Wavestone SA | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Dassault Stock performing well and Dassault Aviation 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 Dassault Aviation'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HO | 1.52 | 0.86 | 0.69 | (3.05) | 0.58 | 5.57 | 20.29 | |||
| DSY | 1.19 | 0.21 | 0.21 | 0.65 | 1.08 | 3.16 | 12.16 | |||
| SAF | 1.06 | 0.29 | 0.22 | 0.45 | 1.18 | 2.42 | 8.06 | |||
| FGR | 1.16 | 0.43 | 0.42 | 1.60 | 0.75 | 3.94 | 11.34 | |||
| FR | 2.30 | 0.23 | 0.07 | 0.96 | 3.70 | 5.47 | 20.31 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Dassault Aviation 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 Watchlist Optimization Now
Watchlist OptimizationOptimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
| All Next | Launch Module |
Dassault Aviation Corporate Management
Elected by the shareholders, the Dassault Aviation's board of directors comprises two types of representatives: Dassault Aviation inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dassault. The board's role is to monitor Dassault Aviation's management team and ensure that shareholders' interests are well served. Dassault Aviation'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, Dassault Aviation's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Eric Trappier | Chairman CEO | Profile | |
| Denis Dasse | Chief Officer | Profile | |
| Loik Segalen | Chief Officer | Profile | |
| Valerie Guillemet | VP HR | Profile | |
| Stphane Fort | Chief Officer | Profile | |
| Bruno Chevalier | Sr Support | Profile | |
| Carlos Brana | Sr Aircraft | Profile |