Eisai Co Correlations
| EII Stock | EUR 30.30 0.41 1.37% |
The current 90-days correlation between Eisai Co and Shionogi Co is 0.02 (i.e., Significant diversification). The correlation of Eisai Co 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.
Eisai Co Correlation With Market
Average diversification
The correlation between Eisai Co and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eisai Co and DJI in the same portfolio, assuming nothing else is changed.
Eisai |
The ability to find closely correlated positions to Eisai Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eisai Co 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 Eisai Co - 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 Eisai Co to buy it.
Moving together with Eisai Stock
| 0.82 | TKD | Takeda Pharmaceutical | PairCorr |
| 0.62 | SH0 | Shionogi Split | PairCorr |
| 0.61 | RDDA | Dr Reddys Laboratories Split | PairCorr |
| 0.8 | GD6 | Ramsay Gnrale de | PairCorr |
| 0.7 | HVB | ÜSTRA Hannoversche | PairCorr |
| 0.62 | DBPD | Xtrackers ShortDAX | PairCorr |
Moving against Eisai Stock
| 0.61 | 0C8 | Catalent | PairCorr |
| 0.58 | E908 | Lyxor 1 | PairCorr |
| 0.51 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.46 | A2R | Accent Resources | PairCorr |
| 0.41 | GIB | GSW Immobilien AG | PairCorr |
Related Correlations Analysis
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Be your own money manager
Our tools can tell you how much better you can do entering a position in Eisai Co 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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Eisai Co Corporate Management
Elected by the shareholders, the Eisai Co's board of directors comprises two types of representatives: Eisai Co inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eisai. The board's role is to monitor Eisai Co's management team and ensure that shareholders' interests are well served. Eisai Co'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, Eisai Co's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Yanhui Feng | VP | Profile | |
| Gary Hendler | VP Region | Profile | |
| Kenta Takahashi | Gen VP | Profile | |
| Haruo Naito | Representative CEO | Profile | |
| Tatsuyuki Yasuno | CFO VP | Profile | |
| Nadeem Sarwar | President | Profile | |
| Yosuke Akita | Chief VP | Profile |