Corem Property Correlations

CORE-B Stock

SEK 7.06 0.07 1.00%

The current 90-days correlation between Corem Property Group and Invisio Communications AB is 0.17 (i.e., Average diversification). The correlation of Corem Property 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.

Corem Property Correlation With Market

Average diversification

The correlation between Corem Property Group and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Corem Property Group and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Corem Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corem Property 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 Corem Property - 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 Corem Property Group to buy it.

Moving together with Corem Stock

0.87	SAGA-B	AB Sagax	Pair Corr
0.86	SAGA-A	AB Sagax	Pair Corr
0.85	SBB-D	Samhaellsbyggnadsbol	Pair Corr
0.64	CORE-PREF	Corem Property Group	Pair Corr
0.92	CATE	Catena AB	Pair Corr

Related Correlations Analysis

	ACAD	NITRO	IVSO	EPIS-B	VIT-B	UPSALE	USWE	LIME
ACAD		-0.28	-0.71	0.08	0.56	0.79	-0.77	-0.3	ACAD
NITRO	-0.28		0.14	0.56	0.18	0.02	0.23	-0.41	NITRO
IVSO	-0.71	0.14		0.07	-0.66	-0.78	0.86	0.46	IVSO
EPIS-B	0.08	0.56	0.07		0.28	0.15	0.17	-0.36	EPIS-B
VIT-B	0.56	0.18	-0.66	0.28		0.57	-0.52	-0.28	VIT-B
UPSALE	0.79	0.02	-0.78	0.15	0.57		-0.87	-0.55	UPSALE
USWE	-0.77	0.23	0.86	0.17	-0.52	-0.87		0.4	USWE
LIME	-0.3	-0.41	0.46	-0.36	-0.28	-0.55	0.4		LIME
	ACAD	NITRO	IVSO	EPIS-B	VIT-B	UPSALE	USWE	LIME

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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

USWE	+ 0.86	IVSO
UPSALE	+ 0.79	ACAD
UPSALE	+ 0.57	VIT-B
VIT-B	+ 0.56	ACAD
EPIS-B	+ 0.56	NITRO
LIME	+ 0.46	IVSO

High negative correlations

USWE	- 0.87	UPSALE
UPSALE	- 0.78	IVSO
USWE	- 0.77	ACAD
IVSO	- 0.71	ACAD
VIT-B	- 0.66	IVSO
LIME	- 0.55	UPSALE

Risk-Adjusted Indicators

There is a big difference between Corem Stock performing well and Corem Property 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 Corem Property'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
ACAD	0.89	(0.12)	0.00	(1.15)	0.00	0.00	1.66	(1.63)	6.81
NITRO	3.01	0.00	(0.02)	0.11	4.38	(3.56)	6.14	(5.56)	28.88
IVSO	1.74	0.24	0.06	3.55	1.78	(2.00)	3.66	(3.04)	10.12
EPIS-B	2.93	(0.22)	0.00	0.87	0.00	0.00	7.69	(7.14)	24.26
VIT-B	1.72	(0.13)	0.00	0.49	0.00	0.00	3.79	(3.51)	16.40
UPSALE	1.64	(0.21)	0.00	(1.04)	0.00	0.00	3.64	(3.36)	10.45
USWE	1.99	0.49	0.15	(1.70)	1.53	(3.32)	3.76	(2.76)	23.29
LIME	1.51	0.16	0.03	0.61	1.69	(1.66)	3.56	(3.29)	13.48

Be your own money manager

Our tools can tell you how much better you can do entering a position in Corem Property 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.

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Corem Property Corporate Management

Elected by the shareholders, the Corem Property's board of directors comprises two types of representatives: Corem Property inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Corem. The board's role is to monitor Corem Property's management team and ensure that shareholders' interests are well served. Corem Property'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, Corem Property's outside directors are responsible for providing unbiased perspectives on the board's policies.

Peeter Kinnunen	Head Transactions	Profile
Patrik Mellgren	Head Devel	Profile
Eva Landen	Chief Officer	Profile
AnnaKarin Hag	Chief Officer	Profile

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