Attendo AB Correlations
| ATT Stock | SEK 63.10 1.50 2.44% |
The current 90-days correlation between Attendo AB and Humana AB is 0.17 (i.e., Average diversification). The correlation of Attendo AB 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.
Attendo AB Correlation With Market
Significant diversification
The correlation between Attendo AB and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Attendo AB and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Attendo AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Attendo AB 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 Attendo AB - 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 Attendo AB to buy it.
Moving together with Attendo Stock
| 0.88 | VOLV-B | AB Volvo | PairCorr |
| 0.88 | VOLV-A | AB Volvo | PairCorr |
| 0.83 | SEB-A | Skandinaviska Enskilda | PairCorr |
| 0.83 | SEB-C | Skandinaviska Enskilda | PairCorr |
| 0.87 | HIFA-B | Hifab Group AB | PairCorr |
| 0.64 | EPI-A | Epiroc AB | PairCorr |
| 0.67 | ZENI | Zenicor Medical Systems | PairCorr |
| 0.69 | CAMX | Camurus AB | PairCorr |
| 0.8 | CAT-B | Catella AB | PairCorr |
| 0.73 | SDIP-PREF | Sdiptech AB | PairCorr |
| 0.91 | BOL | Boliden AB | PairCorr |
| 0.65 | DORO | DORO AB | PairCorr |
| 0.77 | EPEN | Ependion AB | PairCorr |
| 0.67 | ARJO-B | Arjo AB | PairCorr |
| 0.69 | HOLM-B | Holmen AB | PairCorr |
| 0.65 | LEMSE | Leading Edge Materials Earnings Call Today | PairCorr |
| 0.76 | BILL | BillerudKorsnas AB | PairCorr |
| 0.94 | ALPCOT-B | Alpcot Holding AB | PairCorr |
| 0.79 | INDU-A | Industrivarden AB ser | PairCorr |
| 0.73 | INDT | Indutrade AB | PairCorr |
| 0.92 | BEIA-B | Beijer Alma AB | PairCorr |
| 0.94 | MTG-A | Modern Times Group | PairCorr |
| 0.74 | ALLEI | Alleima AB | PairCorr |
| 0.71 | DUNI | Duni AB | PairCorr |
| 0.9 | SALT-B | SaltX Technology Holding | PairCorr |
| 0.97 | SVED-B | Svedbergs i Dalstorp | PairCorr |
| 0.81 | LIPUM | Lipum AB | PairCorr |
| 0.73 | BMAX | Byggmax Group AB | PairCorr |
Moving against Attendo Stock
| 0.61 | ERIC-A | Telefonaktiebolaget | PairCorr |
| 0.58 | VOLCAR-B | Volvo Car AB | PairCorr |
| 0.53 | HM-B | H M Hennes Earnings Call This Week | PairCorr |
| 0.54 | QLINEA | Q linea AB | PairCorr |
Related Correlations Analysis
| 0.89 | -0.42 | 0.82 | 0.78 | HUM | ||
| 0.89 | -0.22 | 0.79 | 0.77 | AMBEA | ||
| -0.42 | -0.22 | -0.09 | -0.02 | DOM | ||
| 0.82 | 0.79 | -0.09 | 0.91 | BONAV-B | ||
| 0.78 | 0.77 | -0.02 | 0.91 | BRAV | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Attendo Stock performing well and Attendo AB 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 Attendo AB'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HUM | 1.55 | 0.41 | 0.28 | 0.85 | 1.31 | 4.32 | 9.32 | |||
| AMBEA | 1.47 | 0.16 | 0.10 | 0.68 | 2.02 | 3.04 | 10.05 | |||
| DOM | 1.59 | (0.23) | 0.00 | (0.80) | 0.00 | 2.31 | 10.26 | |||
| BONAV-B | 2.46 | 0.41 | 0.15 | 0.70 | 2.68 | 6.42 | 13.15 | |||
| BRAV | 0.88 | 0.23 | 0.27 | 0.43 | 0.78 | 2.16 | 5.44 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Attendo AB 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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Attendo AB Corporate Management
Elected by the shareholders, the Attendo AB's board of directors comprises two types of representatives: Attendo AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Attendo. The board's role is to monitor Attendo AB's management team and ensure that shareholders' interests are well served. Attendo AB'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, Attendo AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Martin Tiveus | CEO Pres | Profile | |
| Rebecca Birck | Head Control | Profile | |
| Stefan Svanstrom | Head Communications | Profile | |
| Andreas Koch | Communications Director | Profile | |
| Fredrik Lagercrantz | Chief Officer | Profile |