Industrivarden Correlations
| INDU-C Stock | SEK 383.10 0.40 0.10% |
The current 90-days correlation between Industrivarden AB ser and L E Lundbergfretagen is 0.81 (i.e., Very poor diversification). The correlation of Industrivarden 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.
Industrivarden Correlation With Market
Weak diversification
The correlation between Industrivarden AB ser and DJI is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Industrivarden AB ser and DJI in the same portfolio, assuming nothing else is changed.
Industrivarden |
The ability to find closely correlated positions to Industrivarden could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Industrivarden 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 Industrivarden - 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 Industrivarden AB ser to buy it.
Moving together with Industrivarden Stock
| 0.93 | INVE-A | Investor AB ser | PairCorr |
| 0.93 | INVE-B | Investor AB ser | PairCorr |
| 0.86 | LATO-B | Investment AB Latour | PairCorr |
| 1.0 | INDU-A | Industrivarden AB ser | PairCorr |
| 0.83 | LUND-B | L E Lundbergfretagen | PairCorr |
| 0.74 | KINV-A | Kinnevik Investment | PairCorr |
| 0.66 | KINV-B | Kinnevik Investment | PairCorr |
| 0.92 | AZN | AstraZeneca PLC | PairCorr |
| 0.82 | VIT-B | Vitec Software Group | PairCorr |
| 0.76 | HOLM-B | Holmen AB | PairCorr |
Moving against Industrivarden Stock
Related Correlations Analysis
| 0.88 | 0.71 | 0.85 | 0.09 | INVE-B | ||
| 0.88 | 0.89 | 0.83 | 0.42 | LUND-B | ||
| 0.71 | 0.89 | 0.68 | 0.59 | KINV-B | ||
| 0.85 | 0.83 | 0.68 | 0.1 | LATO-B | ||
| 0.09 | 0.42 | 0.59 | 0.1 | CAST | ||
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Risk-Adjusted Indicators
There is a big difference between Industrivarden Stock performing well and Industrivarden 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 Industrivarden'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| INVE-B | 0.83 | 0.07 | 0.05 | 0.13 | 1.27 | 1.74 | 6.94 | |||
| LUND-B | 0.75 | 0.00 | 0.00 | 0.02 | 1.27 | 1.31 | 7.32 | |||
| KINV-B | 1.43 | (0.04) | 0.00 | (0.05) | 0.00 | 2.17 | 14.36 | |||
| LATO-B | 1.06 | 0.03 | 0.02 | 0.05 | 1.53 | 2.44 | 6.51 | |||
| CAST | 1.09 | (0.17) | 0.00 | (0.84) | 0.00 | 1.93 | 5.94 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Industrivarden 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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Industrivarden Corporate Management
Elected by the shareholders, the Industrivarden's board of directors comprises two types of representatives: Industrivarden inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Industrivarden. The board's role is to monitor Industrivarden's management team and ensure that shareholders' interests are well served. Industrivarden'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, Industrivarden's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Peter CFA | Investment Mang | Profile | |
| Sverker Sivall | Head Sustainability | Profile | |
| CarlOlof By | Exec Advisor | Profile | |
| Jennie Knutsson | G Counsel | Profile | |
| Jan Ohman | Chief Officer | Profile | |
| Helena Stjernholm | CEO Pres | Profile | |
| Karl berg | Head Analysis | Profile |