Atos SE Correlations

Stocks . Germany . 
Stock . Atos SE
AXI Stock  EUR 0  0.0003  12.50%   
The current 90-days correlation between Atos SE and Infosys Limited is -0.14 (i.e., Good diversification). The correlation of Atos SE 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.

Atos SE Correlation With Market

Good diversification

The correlation between Atos SE 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 Atos SE and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Atos SE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atos SE 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 Atos SE - 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 Atos SE to buy it.

Moving together with Atos Stock

  0.63FUJA FUJITSU LTD ADRPairCorr

Moving against Atos Stock

  0.752T9A TRAINLINE PLC LSPairCorr
  0.65RC2 RCM TECHNOLOGIESPairCorr
  0.58AI3B AMADEUS IT GRPPairCorr
  0.58AI3A Amadeus IT GroupPairCorr
  0.55COZ Cognizant TechnologyPairCorr
  0.42IOY Infosys LimitedPairCorr
  0.37GQ9 SPDR Gold SharesPairCorr
  0.72CDA Controladora Vuela CompaaPairCorr
  0.68GOB Compagnie de SaintPairCorr
  0.6CQD Charter CommunicationsPairCorr
  0.58UFH US FOODS HOLDINGPairCorr
  0.57SK3 Smurfit Kappa GroupPairCorr
  0.54APC Apple IncPairCorr
  0.530XHR Xenia Hotels ResortsPairCorr
  0.48WX1 Acadia Realty TrustPairCorr
  0.46EQN2 EquinixPairCorr
  0.38HXL HexcelPairCorr
  0.37WX7 Corporate Office ProPairCorr
  0.35FFH Fifth Third BancorpPairCorr
  0.324GE Grupo Mxico SABPairCorr
  0.31D4G Datametrex AI LimitedPairCorr
  0.68PTX Palantir TechnologiesPairCorr
  0.672WY Wyndham Hotels ResortsPairCorr
  0.66C6TB CHINA BANK ADR20PairCorr
  0.58TSFA Taiwan SemiconductorPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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   
AI3A
+ 0.93
AI3B
IOY
+ 0.8
IBM
COZ
+ 0.78
IOY
COZ
+ 0.72
CSA
IBM
+ 0.67
CSA
IOY
+ 0.66
CSA
  
High negative correlations   
FUJA
- 0.44
COZ
FUJA
- 0.39
AI3B
FUJA
- 0.35
AI3A
FUJA
- 0.13
CSA
FUJA
- 0.12
IOY

Risk-Adjusted Indicators

There is a big difference between Atos Stock performing well and Atos SE 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 Atos SE'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 Atos SE 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 Stocks Directory Now

   

Stocks Directory

Find actively traded stocks across global markets
All  Next Launch Module

Atos SE Corporate Management

Elected by the shareholders, the Atos SE's board of directors comprises two types of representatives: Atos SE inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Atos. The board's role is to monitor Atos SE's management team and ensure that shareholders' interests are well served. Atos SE'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, Atos SE's outside directors are responsible for providing unbiased perspectives on the board's policies.
Yannick TricaudMember EuropeProfile
JeanPhilippe PoiraultHead BoardProfile
Nourdine BihmaneGroup BoardProfile
Rakesh KhannaMember DigitalProfile
Paul PetersonMember HRProfile
Clay DorenNorthern EuropeProfile
Frank CastoraMember AmericasProfile
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY