Kinnevik Investment Correlations
| KINV-A Stock | SEK 75.76 1.06 1.38% |
The current 90-days correlation between Kinnevik Investment and Kinnevik Investment AB is 0.89 (i.e., Very poor diversification). The correlation of Kinnevik Investment 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.
Kinnevik Investment Correlation With Market
Weak diversification
The correlation between Kinnevik Investment AB and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kinnevik Investment AB and DJI in the same portfolio, assuming nothing else is changed.
Kinnevik |
The ability to find closely correlated positions to Kinnevik Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kinnevik Investment 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 Kinnevik Investment - 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 Kinnevik Investment AB to buy it.
Moving together with Kinnevik Stock
| 0.73 | INVE-A | Investor AB ser | PairCorr |
| 0.63 | INVE-B | Investor AB ser | PairCorr |
| 0.73 | EQT | EQT AB | PairCorr |
| 0.75 | LATO-B | Investment AB Latour | PairCorr |
| 0.72 | INDU-C | Industrivarden AB ser | PairCorr |
| 0.73 | INDU-A | Industrivarden AB ser | PairCorr |
| 0.88 | LUND-B | L E Lundbergfretagen | PairCorr |
| 0.98 | KINV-B | Kinnevik Investment | PairCorr |
| 0.64 | AZN | AstraZeneca PLC | PairCorr |
| 0.83 | VIT-B | Vitec Software Group | PairCorr |
Moving against Kinnevik Stock
Related Correlations Analysis
| 0.65 | 0.66 | 0.87 | 0.68 | KINV-B | ||
| 0.65 | 0.8 | 0.86 | 0.77 | INVE-A | ||
| 0.66 | 0.8 | 0.78 | 0.85 | INDU-A | ||
| 0.87 | 0.86 | 0.78 | 0.8 | LUND-B | ||
| 0.68 | 0.77 | 0.85 | 0.8 | LATO-B | ||
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Risk-Adjusted Indicators
There is a big difference between Kinnevik Stock performing well and Kinnevik Investment 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 Kinnevik Investment'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KINV-B | 1.45 | (0.05) | 0.00 | (0.07) | 0.00 | 2.17 | 14.36 | |||
| INVE-A | 0.84 | 0.08 | 0.06 | 0.16 | 1.34 | 1.81 | 6.98 | |||
| INDU-A | 0.89 | 0.10 | 0.07 | 0.20 | 1.25 | 2.13 | 6.39 | |||
| LUND-B | 0.74 | 0.03 | 0.02 | 0.10 | 1.24 | 1.31 | 7.32 | |||
| LATO-B | 1.06 | 0.03 | 0.02 | 0.05 | 1.53 | 2.44 | 6.51 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Kinnevik Investment 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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Kinnevik Investment Corporate Management
Elected by the shareholders, the Kinnevik Investment's board of directors comprises two types of representatives: Kinnevik Investment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kinnevik. The board's role is to monitor Kinnevik Investment's management team and ensure that shareholders' interests are well served. Kinnevik Investment'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, Kinnevik Investment's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Georgi Ganev | Chief Officer | Profile | |
| Natalie Tydeman | Investment Director | Profile | |
| Tatiana Shalalvand | Investment Director | Profile | |
| Anna Stenberg | Chief Officer | Profile | |
| Andreas Bernstrom | Investment Director | Profile | |
| Torun Litzen | Director Communications | Profile | |
| Samuel Sjostrom | Chief Officer | Profile |