Auckland International Correlations
| AUKNY Stock | USD 21.11 1.54 6.80% |
The current 90-days correlation between Auckland International and UDR Inc is -0.23 (i.e., Very good diversification). The correlation of Auckland International 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.
Auckland International Correlation With Market
Good diversification
The correlation between Auckland International Airport and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Auckland International Airport and DJI in the same portfolio, assuming nothing else is changed.
Auckland |
The ability to find closely correlated positions to Auckland International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Auckland International 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 Auckland International - 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 Auckland International Airport to buy it.
Moving against Auckland Pink Sheet
| 0.69 | LINK | Interlink Electronics Upward Rally | PairCorr |
| 0.68 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.56 | PAC | Grupo Aeroportuario del | PairCorr |
| 0.52 | MAIN | Main Street Capital | PairCorr |
| 0.51 | PTAIF | PT Astra International | PairCorr |
| 0.47 | AIPUF | Airports of Thailand | PairCorr |
| 0.46 | STR | Sitio Royalties Corp | PairCorr |
| 0.76 | TSLA | Tesla Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.71 | TATT | Tat Techno | PairCorr |
| 0.69 | PMMAF | Puma SE | PairCorr |
| 0.68 | NFLX | Netflix Fiscal Year End 28th of January 2025 | PairCorr |
| 0.68 | ATOM | Atomera Downward Rally | PairCorr |
| 0.66 | FDS | FactSet Research Systems | PairCorr |
| 0.65 | GOODN | Gladstone Commercial Corp | PairCorr |
| 0.61 | OZK | Bank Ozk Fiscal Year End 16th of January 2025 | PairCorr |
| 0.6 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.59 | TTD | Trade Desk | PairCorr |
| 0.58 | MA | Mastercard | PairCorr |
| 0.49 | DDD | 3D Systems | PairCorr |
| 0.49 | KD | Kyndryl Holdings Tech Boost | PairCorr |
| 0.48 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.39 | GARPF | Golden Agri Resources | PairCorr |
| 0.38 | AUR | Aurora Innovation Buyout Trend | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Auckland Pink Sheet performing well and Auckland International 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 Auckland International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AUKNY | 1.28 | (0.16) | 0.00 | 2.21 | 0.00 | 2.30 | 15.85 | |||
| ANNSF | 0.68 | 0.07 | (0.03) | 0.51 | 0.63 | 1.94 | 5.37 | |||
| ANYYY | 1.08 | 0.10 | (0.01) | 1.98 | 1.37 | 1.77 | 5.82 | |||
| AIPUY | 2.95 | 0.21 | 0.01 | (0.61) | 4.12 | 7.43 | 32.17 | |||
| UDR | 0.93 | 0.06 | (0.01) | 0.27 | 1.02 | 2.08 | 5.53 | |||
| FDS | 0.92 | 0.18 | 0.15 | 0.36 | 0.79 | 2.25 | 7.46 | |||
| NFLX | 1.33 | 0.29 | 0.15 | 0.57 | 1.35 | 2.80 | 14.67 | |||
| SCTSF | 43.57 | 18.74 | 0.54 | (59.13) | 18.83 | 27.27 | 591.45 | |||
| ESRT | 1.07 | 0.01 | (0.02) | 0.12 | 1.27 | 2.21 | 5.76 | |||
| CIADY | 3.54 | 0.59 | 0.11 | 1.16 | 3.98 | 10.70 | 33.77 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Auckland International 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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Auckland International Corporate Management
| Carrie Hurihanganui | Chief Exec | Profile | |
| Phil Neutze | Chief Officer | Profile | |
| Morag Finch | Deputy Sec | Profile | |
| Jonathan Good | General Manager - Technology and Marketing | Profile | |
| MInstD BA | Gen Operations | Profile | |
| LLB BCom | GM Counsel | Profile | |
| Andrea Marshall | Head Sustainability | Profile |