Societe De Correlations
| EIFF Stock | EUR 4.07 0.12 2.86% |
The current 90-days correlation between Societe de la and Mercialys SA is -0.08 (i.e., Good diversification). The correlation of Societe De 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.
Societe De Correlation With Market
Very good diversification
The correlation between Societe de la and DJI is -0.5 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Societe de la and DJI in the same portfolio, assuming nothing else is changed.
Societe |
The ability to find closely correlated positions to Societe De could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Societe De 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 Societe De - 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 Societe de la to buy it.
Moving together with Societe Stock
Moving against Societe Stock
| 0.88 | FLY | Fonciere Lyonnaise | PairCorr |
| 0.79 | MLMAB | Maison Antoine Baud | PairCorr |
| 0.67 | ATO | Atos SE | PairCorr |
| 0.65 | TE | Technip Energies | PairCorr |
| 0.31 | NOKIA | Nokia Oyj | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Societe Stock performing well and Societe De 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 Societe De'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MERY | 1.12 | (0.33) | 0.00 | (1.40) | 0.00 | 1.44 | 6.19 | |||
| ICAD | 1.37 | (0.10) | 0.00 | (0.23) | 0.00 | 3.25 | 9.35 | |||
| GFC | 0.94 | (0.23) | 0.00 | (1.82) | 0.00 | 1.62 | 4.88 | |||
| ALTA | 1.09 | (0.15) | 0.00 | 1.01 | 0.00 | 2.15 | 9.41 | |||
| LI | 0.70 | (0.03) | 0.00 | (1.65) | 0.00 | 1.30 | 5.25 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Societe De 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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Societe De Corporate Management
Elected by the shareholders, the Societe De's board of directors comprises two types of representatives: Societe De inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Societe. The board's role is to monitor Societe De's management team and ensure that shareholders' interests are well served. Societe De'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, Societe De's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mireille Rivier | Communication Director | Profile | |
| Fabienne Renucci | Head CSR | Profile | |
| Christian Bertrand | Head Management | Profile | |
| Bruno Meyer | Deputy Officer | Profile | |
| Christel Zordan | Chief Officer | Profile | |
| Eric Berlizon | CFO Director | Profile | |
| Nicolas Ingueneau | Director Investment | Profile |