Klépierre Correlations

Stocks . Germany . 
Stock . Klpierre SA
KPR Stock  EUR 29.96  0.48  1.58%   
The current 90-days correlation between Klpierre SA and Universal Insurance Holdings is 0.09 (i.e., Significant diversification). The correlation of Klépierre 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.

Klépierre Correlation With Market

Good diversification

The correlation between Klpierre SA and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Klpierre SA and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Klépierre could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Klépierre 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 Klépierre - 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 Klpierre SA to buy it.

Moving together with Klépierre Stock

  0.73RY6 Realty IncomePairCorr
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  0.88VOWB VOLKSWAGEN AG VZPairCorr
  0.91VOW3 Volkswagen AG VZOPairCorr
  0.89VOW3 Volkswagen AGPairCorr
  0.9VOW Volkswagen AGPairCorr
  0.91DPU DUNDEE PRECIOUS METPairCorr
  0.93KONN Komercn banka asPairCorr
  0.91APM AD PEPPER MEDIAPairCorr
  0.81MARA MARUBENI CORPPairCorr
  0.65IDI InterDigitalPairCorr
  0.7854M Motorcar PartsPairCorr
  0.72A0T American Tower CorpPairCorr
  0.61KPN Koninklijke KPN NVPairCorr
  0.93ALVE ALLIANZ SE UNSPADRPairCorr
  0.69KGHA KGHM Polska Miedz Earnings Call This WeekPairCorr
  0.86YSN secunet Security Networks Earnings Call TodayPairCorr
  0.73IBE1 Iberdrola SAPairCorr
  0.73QB3 QuebecorPairCorr
  0.9STD STANDARD CHARTEREDPairCorr

Moving against Klépierre Stock

  0.85KIC Kimco RealtyPairCorr
  0.8AMZ Amazon IncPairCorr
  0.76AMZ Amazon IncPairCorr
  0.59HHP2 Hon Hai PrecisionPairCorr
  0.41CSA Accenture plcPairCorr
  0.38BXR Brixmor PropertyPairCorr

Related Correlations Analysis

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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   
CTO
+ 0.55
HKU
1ZO
+ 0.51
SRJ
1ZO
+ 0.5
HKU
5UI
+ 0.5
SRJ
CTO
+ 0.46
SRJ
1ZO
+ 0.44
CTO
  
High negative correlations   
UR3
- 0.28
SRJ
5UI
- 0.26
UR3
UR3
- 0.22
HKU
1ZO
- 0.0
UR3

Risk-Adjusted Indicators

There is a big difference between Klépierre Stock performing well and Klépierre 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 Klépierre'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.

Be your own money manager

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

Elected by the shareholders, the Klépierre's board of directors comprises two types of representatives: Klépierre inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Klépierre. The board's role is to monitor Klépierre's management team and ensure that shareholders' interests are well served. Klépierre'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, Klépierre's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephane TortajadaCFO BoardProfile
Michal FarbosChief OfficerProfile
Gilles LatiniHead DevelProfile
Barthelemy DoatManaging FranceBelgiumProfile
JeanMarch JestinChairman BoardProfile
Arnaud CourtialGroup CommunicationProfile
Nathalie GarnierChief OfficerProfile
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