Fuji Media Correlations
| FTN Stock | EUR 14.30 0.10 0.70% |
The current 90-days correlation between Fuji Media Holdings and Mitsubishi Materials is 0.07 (i.e., Significant diversification). The correlation of Fuji Media 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.
Fuji Media Correlation With Market
Significant diversification
The correlation between Fuji Media Holdings 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 Fuji Media Holdings and DJI in the same portfolio, assuming nothing else is changed.
Fuji |
The ability to find closely correlated positions to Fuji Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fuji Media 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 Fuji Media - 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 Fuji Media Holdings to buy it.
Moving together with Fuji Stock
| 0.86 | EVD | CTS Eventim AG | PairCorr |
| 0.89 | TOH | Toho Co | PairCorr |
| 0.75 | LGNB | Lions Gate Entertainment | PairCorr |
| 0.71 | 4RW | Rai Way SpA Earnings Call Tomorrow | PairCorr |
| 0.77 | 3RE | Rejlerkoncernen AB | PairCorr |
| 0.84 | KEI | KEISEI EL RAILWAY Split | PairCorr |
| 0.66 | RUZ | Universal Entertainment | PairCorr |
| 0.87 | VOL3 | VOLVO -A- | PairCorr |
| 0.9 | SOBA | ATT Inc | PairCorr |
| 0.82 | BY6A | BYD Limited Earnings Call Tomorrow | PairCorr |
| 0.68 | 5TP | BLUE LABEL | PairCorr |
| 0.69 | BRH | Berkshire Hathaway | PairCorr |
| 0.78 | HUKI | HUHTAMAKI | PairCorr |
| 0.76 | KONN | Komercn banka as | PairCorr |
| 0.8 | B4B3 | Metro AG | PairCorr |
| 0.85 | KGHA | KGHM Polska Miedz Earnings Call This Week | PairCorr |
| 0.82 | NMM | Newmont | PairCorr |
| 0.72 | MRG | Outcrop Silver Gold | PairCorr |
| 0.9 | TLLB | Trelleborg AB | PairCorr |
| 0.62 | BSN | Danone SA | PairCorr |
| 0.67 | 14D | tokentus investment | PairCorr |
| 0.61 | ROI | Rosenbauer International | PairCorr |
Moving against Fuji Stock
| 0.61 | LIE | Sun Life Financial | PairCorr |
| 0.51 | ADC | AdCapital AG | PairCorr |
| 0.47 | KWE1 | Ring Energy | PairCorr |
| 0.47 | TTO | TTL Beteiligungs und | PairCorr |
| 0.46 | 5TI | TINC Comm VA | PairCorr |
| 0.34 | T9V | TASTY PLC LS | PairCorr |
| 0.33 | 74G | DIVIDEND GROWTH SPLIT | PairCorr |
| 0.32 | ZZA | Cinemark Holdings | PairCorr |
| 0.81 | DBPD | Xtrackers ShortDAX | 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 Fuji Stock performing well and Fuji Media 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 Fuji Media'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AP2 | 2.24 | (0.15) | 0.00 | 1.59 | 0.00 | 4.14 | 14.72 | |||
| 751 | 1.27 | 0.18 | 0.14 | 2.84 | 1.43 | 2.90 | 9.45 | |||
| 1NX | 1.30 | 0.22 | 0.11 | (0.96) | 1.85 | 4.62 | 15.56 | |||
| NAH | 2.28 | 0.33 | 0.12 | 4.62 | 2.79 | 5.48 | 13.63 | |||
| CLH | 0.98 | 0.16 | 0.15 | 0.26 | 1.17 | 2.15 | 7.57 | |||
| CLH | 0.65 | 0.15 | 0.15 | 0.62 | 0.83 | 1.52 | 5.34 | |||
| MUJ | 1.17 | 0.13 | 0.10 | 0.47 | 1.42 | 2.05 | 11.70 | |||
| CUD | 0.72 | (0.01) | 0.06 | 0.05 | 1.00 | 1.36 | 3.73 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fuji Media 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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Fuji Media Corporate Management
Elected by the shareholders, the Fuji Media's board of directors comprises two types of representatives: Fuji Media inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fuji. The board's role is to monitor Fuji Media's management team and ensure that shareholders' interests are well served. Fuji Media'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, Fuji Media's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Junji Okunogi | Gen Department | Profile | |
| Hisashi Hieda | Ex Director | Profile | |
| Tomoyuki Minagawa | Ex Director | Profile | |
| Yoshishige Shimatani | Ex Director | Profile | |
| Ryosuke Fukami | Ex Director | Profile | |
| Osamu Kanemitsu | COO and President | Profile | |
| Takehiko Kiyohara | Ex Director | Profile |