Assicurazioni Generali Correlations

Stocks . Germany . 
Stock . Assicurazioni Generali SpA
ASG Stock   27.07  0.02  0.07%   
The current 90-days correlation between Assicurazioni Generali and Allianz SE VNA is 0.57 (i.e., Very weak diversification). The correlation of Assicurazioni Generali 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Assicurazioni Generali Correlation With Market

Significant diversification

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

Moving together with Assicurazioni Stock

  0.65BRYN Berkshire HathawayPairCorr
  0.9TLX Talanx AGPairCorr
  0.65EMR EMERSON ELECTRICPairCorr
  0.652KD Kinder MorganPairCorr
  0.84MNL Gruppo Mutuionline SpAPairCorr
  0.66G8L GREENLIGHT CAP REPairCorr
  0.65BLQA BlackRockPairCorr
  0.7674F LIFE BANC SPLITPairCorr
  0.65ONK ONEOK IncPairCorr
  0.65GM0N GLOBUS MEDICAL APairCorr
  0.86APC Apple IncPairCorr
  0.79IBM International BusinessPairCorr
  0.63J7Z Jazz Pharmaceuticals plcPairCorr
  0.75SOBA ATT IncPairCorr
  0.848CF CLOUDFLARE INC APairCorr

Moving against Assicurazioni Stock

  0.54BUU DevEx ResourcesPairCorr
  0.43AXA AXA SAPairCorr
  0.38AXA AXA SAPairCorr
  0.67CKS2 GOME Retail HoldingsPairCorr
  0.52CHK China Resources BeerPairCorr
  0.39WMR0 MOAB MINERALS LTDPairCorr

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   
AXA
+ 0.99
AXA
TLX
+ 0.9
ASG
HFF
+ 0.8
BRYN
ASG
+ 0.65
BRYN
TLX
+ 0.65
BRYN
ASG
+ 0.55
ALV
  
High negative correlations   
AXA
- 0.71
BRYN
AXA
- 0.68
BRYN
TLX
- 0.52
AXA
TLX
- 0.47
AXA
HFF
- 0.46
AXA
ASG
- 0.43
AXA

Risk-Adjusted Indicators

There is a big difference between Assicurazioni Stock performing well and Assicurazioni Generali 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 Assicurazioni Generali'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 Assicurazioni Generali 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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Assicurazioni Generali Corporate Management

Elected by the shareholders, the Assicurazioni Generali's board of directors comprises two types of representatives: Assicurazioni Generali inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Assicurazioni. The board's role is to monitor Assicurazioni Generali's management team and ensure that shareholders' interests are well served. Assicurazioni Generali'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, Assicurazioni Generali's outside directors are responsible for providing unbiased perspectives on the board's policies.
Cristiano BoreanGroup ReportsProfile
Maurizio BassoGroup OfficerProfile
Philippe DonnetGroup MDProfile
Monica PossaGroup OfficerProfile
Simone BemporadGroup SpokespersonProfile
Antonio CangeriGroup CounselProfile
Fabio ClevaHead RelationsProfile
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