Immofinanz Correlations

IMO1 Stock

EUR 16.06 0.34 2.07%

The current 90-days correlation between Immofinanz AG and AMAG Austria Metall is -0.14 (i.e., Good diversification). The correlation of Immofinanz 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.

Immofinanz Correlation With Market

Good diversification

The correlation between Immofinanz AG and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Immofinanz AG and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Immofinanz Stock

0.71	LL6	MTN GROUP	Pair Corr
0.64	BSX	BOSTON SCIENTIFIC	Pair Corr

Moving against Immofinanz Stock

0.58	5TI	TINC Comm VA	Pair Corr
0.57	ADC	AdCapital AG	Pair Corr
0.45	J9I0	5E ADVANCED MATERIALS Split	Pair Corr
0.39	NWDA	NEW WORLD DEVCO	Pair Corr
0.36	VP3	VIETNAM ENTERPRISE INV	Pair Corr
0.46	WSU	WashTec AG Earnings Call This Week	Pair Corr
0.44	DBPD	Xtrackers ShortDAX	Pair Corr

Related Correlations Analysis

	3AM	AM8	3FNA	I43	D2V	FDU	D6V1	M3P
3AM		-0.31	0.3	-0.39	0.25	0.15	0.0	-0.01	3AM
AM8	-0.31		0.25	0.73	-0.1	-0.76	0.0	0.75	AM8
3FNA	0.3	0.25		0.25	0.27	-0.45	0.0	0.57	3FNA
I43	-0.39	0.73	0.25		-0.17	-0.73	0.0	0.68	I43
D2V	0.25	-0.1	0.27	-0.17		0.04	0.0	0.09	D2V
FDU	0.15	-0.76	-0.45	-0.73	0.04		0.0	-0.82	FDU
D6V1	0.0	0.0	0.0	0.0	0.0	0.0		0.0	D6V1
M3P	-0.01	0.75	0.57	0.68	0.09	-0.82	0.0		M3P
	3AM	AM8	3FNA	I43	D2V	FDU	D6V1	M3P

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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

M3P	+ 0.75	AM8
I43	+ 0.73	AM8
M3P	+ 0.68	I43
M3P	+ 0.57	3FNA
3FNA	+ 0.3	3AM
D2V	+ 0.27	3FNA

High negative correlations

M3P	- 0.82	FDU
FDU	- 0.76	AM8
FDU	- 0.73	I43
FDU	- 0.45	3FNA
I43	- 0.39	3AM
AM8	- 0.31	3AM

Risk-Adjusted Indicators

There is a big difference between Immofinanz Stock performing well and Immofinanz 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 Immofinanz'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
3AM	2.02	(0.04)	0.00	0.06	0.00	0.00	4.35	(6.62)	15.72
AM8	1.09	0.08	0.09	(0.18)	1.45	(1.60)	3.36	(1.68)	12.56
3FNA	3.47	0.30	0.07	0.49	4.01	(4.37)	10.48	(7.46)	22.54
I43	1.80	0.26	0.15	(0.84)	2.13	(2.00)	4.07	(4.06)	18.36
D2V	1.43	0.13	0.10	1.18	1.67	(1.70)	3.67	(3.23)	14.66
FDU	2.76	(0.51)	0.00	(0.77)	0.00	0.00	5.77	(7.95)	22.88
D6V1	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
M3P	2.58	0.79	0.43	(4.76)	1.50	(3.79)	8.05	(3.43)	21.65

Be your own money manager

Our tools can tell you how much better you can do entering a position in Immofinanz 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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Immofinanz Corporate Management

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

Michael Knap	Chairman of the Supervisory Board	Profile
Bettina Schragl	Head Relations	Profile
Christian Bauer	Head Logistics	Profile
Radka Doehring	Ex Member	Profile
Philipp Obermair	Member of the Supervisory Board, Employee Representative	Profile

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