DIeteren Group Correlations
| DJDA Stock | EUR 159.90 2.50 1.54% |
The current 90-days correlation between DIeteren Group SA and Copart Inc is -0.06 (i.e., Good diversification). The correlation of DIeteren Group 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.
DIeteren Group Correlation With Market
Significant diversification
The correlation between DIeteren Group SA and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding DIeteren Group SA and DJI in the same portfolio, assuming nothing else is changed.
DIeteren |
The ability to find closely correlated positions to DIeteren Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DIeteren Group 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 DIeteren Group - 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 DIeteren Group SA to buy it.
Moving together with DIeteren Stock
| 0.68 | XA4 | CarMax Inc | PairCorr |
| 0.69 | PTX | Palantir Technologies | PairCorr |
| 0.7 | 0XHR | Xenia Hotels Resorts | PairCorr |
| 0.65 | 4GE | Grupo Mxico SAB | PairCorr |
| 0.62 | EQN2 | Equinix | PairCorr |
| 0.78 | MSF | Microsoft | PairCorr |
| 0.63 | 2CDA | Controladora Vuela Compaa | PairCorr |
| 0.68 | C6TB | CHINA BANK ADR20 | PairCorr |
| 0.78 | AZ5 | AutoZone | PairCorr |
| 0.79 | APC | Apple Inc | PairCorr |
| 0.63 | 2T9A | TRAINLINE PLC LS | PairCorr |
| 0.8 | APC | Apple Inc | PairCorr |
Moving against DIeteren Stock
| 0.59 | ODQ | ODYSSEY GOLD LTD | PairCorr |
| 0.44 | 8VY | SCANDION ONC DK | PairCorr |
| 0.62 | AXI | Atos SE | PairCorr |
| 0.34 | VAR1 | Varta AG | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between DIeteren Stock performing well and DIeteren Group 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 DIeteren Group'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CO6 | 1.37 | 0.29 | 0.22 | 0.36 | 1.04 | 2.85 | 16.12 | |||
| 5Z0 | 4.53 | 1.01 | 0.21 | 3.02 | 4.16 | 15.07 | 33.06 | |||
| XA4 | 1.39 | 0.22 | 0.14 | 0.20 | 1.41 | 3.41 | 9.17 | |||
| DJDA | 1.69 | 0.38 | 0.23 | 3.37 | 1.31 | 3.30 | 21.29 | |||
| UA9 | 1.09 | 0.05 | 0.04 | 0.08 | 1.07 | 2.70 | 6.93 | |||
| LMO | 1.62 | 0.45 | 0.26 | 1.32 | 1.23 | 4.05 | 14.05 | |||
| RWI | 1.32 | 0.05 | 0.02 | 0.18 | 1.49 | 3.48 | 7.00 | |||
| AWG | 1.51 | 0.25 | 0.12 | 0.28 | 1.48 | 4.24 | 8.86 | |||
| IJCA | 1.19 | (0.08) | 0.00 | (0.08) | 0.00 | 1.97 | 9.40 | |||
| USV | 1.05 | 0.00 | (0.01) | 0.03 | 1.25 | 2.44 | 6.62 |
Be your own money manager
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DIeteren Group Corporate Management
Elected by the shareholders, the DIeteren Group's board of directors comprises two types of representatives: DIeteren Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DIeteren. The board's role is to monitor DIeteren Group's management team and ensure that shareholders' interests are well served. DIeteren Group'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, DIeteren Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| JeanFrancois Bourguignon | Financial Reporting | Profile | |
| Francis Deprez | Chief Officer | Profile | |
| AnneCatherine Zoller | Sustainability ESG | Profile | |
| Michael Grandfils | Managing Box | Profile | |
| Arnaud Laviolette | Chief Officer | Profile | |
| Stephanie Voisin | Head Communication | Profile | |
| William Cathcart | Ex International | Profile |