Castellum Correlations
| CAST Stock | SEK 110.60 0.35 0.32% |
The current 90-days correlation between Castellum AB and Fabege AB is 0.78 (i.e., Poor diversification). The correlation of Castellum 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.
Castellum Correlation With Market
Modest diversification
The correlation between Castellum AB and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Castellum AB and DJI in the same portfolio, assuming nothing else is changed.
Castellum |
The ability to find closely correlated positions to Castellum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Castellum 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 Castellum - 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 Castellum AB to buy it.
Moving together with Castellum Stock
Moving against Castellum Stock
Related Correlations Analysis
| 0.46 | 0.7 | 0.06 | 0.65 | FABG | ||
| 0.46 | 0.67 | 0.19 | 0.25 | SBB-B | ||
| 0.7 | 0.67 | 0.05 | 0.14 | BALD-B | ||
| 0.06 | 0.19 | 0.05 | 0.02 | AXFO | ||
| 0.65 | 0.25 | 0.14 | 0.02 | INVE-B | ||
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Risk-Adjusted Indicators
There is a big difference between Castellum Stock performing well and Castellum 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 Castellum'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FABG | 1.16 | (0.01) | 0.00 | (0.09) | 0.00 | 2.20 | 7.49 | |||
| SBB-B | 3.23 | 0.22 | 0.05 | 0.09 | 4.03 | 7.96 | 38.25 | |||
| BALD-B | 1.47 | (0.31) | 0.00 | (1.25) | 0.00 | 3.05 | 10.69 | |||
| AXFO | 0.88 | (0.01) | 0.00 | 0.17 | 0.00 | 1.75 | 5.54 | |||
| INVE-B | 0.82 | 0.11 | 0.10 | 0.12 | 1.26 | 1.74 | 6.94 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Castellum 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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Castellum Corporate Management
Elected by the shareholders, the Castellum's board of directors comprises two types of representatives: Castellum inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Castellum. The board's role is to monitor Castellum's management team and ensure that shareholders' interests are well served. Castellum'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, Castellum's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Hanna Brandstrom | Head Culture | Profile | |
| Rutger Arnhult | CEO Director | Profile | |
| Jakob Morndal | Chief Officer | Profile | |
| Filip Elland | Sustainability Manager | Profile | |
| Kristina Sawjani | Chief Officer | Profile | |
| Malin Loveborg | Chief Counsel | Profile |