Fastighets Correlations
| BALD-B Stock | SEK 62.14 0.30 0.48% |
The current 90-days correlation between Fastighets AB Balder and Castellum AB is 0.84 (i.e., Very poor diversification). The correlation of Fastighets 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.
Fastighets Correlation With Market
Average diversification
The correlation between Fastighets AB Balder and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fastighets AB Balder and DJI in the same portfolio, assuming nothing else is changed.
Fastighets |
The ability to find closely correlated positions to Fastighets could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fastighets 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 Fastighets - 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 Fastighets AB Balder to buy it.
Moving together with Fastighets Stock
| 0.93 | SAGA-B | AB Sagax | PairCorr |
| 0.92 | SAGA-A | AB Sagax | PairCorr |
| 0.74 | SBB-D | Samhaellsbyggnadsbol | PairCorr |
| 0.96 | WIHL | Wihlborgs Fastigheter | PairCorr |
| 0.91 | CATE | Catena AB | PairCorr |
| 0.77 | NP3 | NP3 Fastigheter AB | PairCorr |
| 0.63 | CORE-B | Corem Property Group | PairCorr |
| 0.77 | IMP-A-SDB | Implantica AG | PairCorr |
Moving against Fastighets Stock
| 0.81 | ALZCUR | AlzeCure Pharma | PairCorr |
| 0.63 | HAV-B | Havsfrun Investment | PairCorr |
| 0.4 | STABL | Stayble Therapeutics | PairCorr |
Related Correlations Analysis
| 0.75 | 0.86 | 0.96 | 0.93 | CAST | ||
| 0.75 | 0.7 | 0.75 | 0.84 | FABG | ||
| 0.86 | 0.7 | 0.83 | 0.86 | SAGA-B | ||
| 0.96 | 0.75 | 0.83 | 0.97 | WALL-B | ||
| 0.93 | 0.84 | 0.86 | 0.97 | HUFV-A | ||
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Risk-Adjusted Indicators
There is a big difference between Fastighets Stock performing well and Fastighets 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 Fastighets' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CAST | 1.09 | (0.17) | 0.00 | (0.84) | 0.00 | 1.93 | 5.94 | |||
| FABG | 1.15 | (0.04) | 0.00 | (0.18) | 0.00 | 2.20 | 7.49 | |||
| SAGA-B | 1.38 | (0.16) | 0.00 | (0.74) | 0.00 | 2.75 | 9.51 | |||
| WALL-B | 1.32 | (0.18) | 0.00 | (0.83) | 0.00 | 2.55 | 7.26 | |||
| HUFV-A | 0.96 | (0.07) | 0.00 | (0.35) | 0.00 | 1.81 | 5.30 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fastighets 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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Fastighets Corporate Management
Elected by the shareholders, the Fastighets' board of directors comprises two types of representatives: Fastighets inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fastighets. The board's role is to monitor Fastighets' management team and ensure that shareholders' interests are well served. Fastighets' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fastighets' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Matts Bergsten | Accounting Mang | Profile | |
| Benny Ivarsson | Head Property | Profile | |
| Erik B | CEO Fin | Profile | |
| Sharam Rahi | Deputy Officer | Profile | |
| Petra Sprangers | Head Admin | Profile | |
| Annacarin Bjorne | Head Communications | Profile |