Mitsubishi Estate Correlations
| MES Stock | EUR 15.10 0.70 4.86% |
The current 90-days correlation between Mitsubishi Estate and ENVVENO MEDICAL DL 00001 is 0.1 (i.e., Average diversification). The correlation of Mitsubishi Estate 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.
Mitsubishi Estate Correlation With Market
Average diversification
The correlation between Mitsubishi Estate Co and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mitsubishi Estate Co and DJI in the same portfolio, assuming nothing else is changed.
Mitsubishi |
The ability to find closely correlated positions to Mitsubishi Estate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mitsubishi Estate 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 Mitsubishi Estate - 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 Mitsubishi Estate Co to buy it.
Moving together with Mitsubishi Stock
| 0.72 | MFU | Mitsui Fudosan | PairCorr |
| 0.69 | DWH | Daiwa House Industry | PairCorr |
| 0.66 | TKA | thyssenkrupp AG | PairCorr |
| 0.65 | JYS1 | JYSKE BANK | PairCorr |
| 0.62 | ROM | Rohm Co | PairCorr |
| 0.7 | TLLB | Trelleborg AB | PairCorr |
| 0.71 | 3RE | Rejlerkoncernen AB | PairCorr |
| 0.69 | BSN | Danone SA | PairCorr |
| 0.68 | 5TP | BLUE LABEL | PairCorr |
| 0.73 | KEI | KEISEI EL RAILWAY Split | PairCorr |
| 0.76 | E908 | Lyxor 1 | PairCorr |
| 0.78 | DBPE | Xtrackers LevDAX | PairCorr |
Moving against Mitsubishi Stock
| 0.39 | W5E | Peel Mining Limited | PairCorr |
| 0.77 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.33 | TTO | TTL Beteiligungs und | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Mitsubishi Stock performing well and Mitsubishi Estate 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 Mitsubishi Estate'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 5HJ | 3.10 | 0.06 | 0.03 | (2.38) | 3.74 | 6.41 | 36.30 | |||
| GME | 1.81 | (0.15) | 0.00 | (0.42) | 0.00 | 5.77 | 15.89 | |||
| AILA | 1.05 | 0.16 | 0.13 | (5.80) | 1.23 | 2.35 | 9.83 | |||
| 10N | 1.37 | 0.19 | 0.16 | 0.89 | 1.32 | 3.28 | 7.89 | |||
| 4WO | 2.62 | 0.35 | 0.11 | (93.21) | 2.63 | 6.67 | 14.66 | |||
| NWC | 2.37 | 0.15 | 0.06 | 0.19 | 2.51 | 5.43 | 15.92 | |||
| HL80 | 1.94 | (0.13) | 0.00 | (0.30) | 0.00 | 4.03 | 13.01 | |||
| 52SA | 1.43 | (0.20) | 0.00 | 2.27 | 0.00 | 2.82 | 12.73 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Mitsubishi Estate 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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Mitsubishi Estate Corporate Management
Elected by the shareholders, the Mitsubishi Estate's board of directors comprises two types of representatives: Mitsubishi Estate inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mitsubishi. The board's role is to monitor Mitsubishi Estate's management team and ensure that shareholders' interests are well served. Mitsubishi Estate'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, Mitsubishi Estate's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Takashi Kagamoto | Gen Office | Profile | |
| Junichi Yoshida | CEO and President | Profile | |
| Futoshi Chiba | Representative VP | Profile | |
| Masato Kawasaki | Gen Department | Profile | |
| Junichi Tanisawa | Deputy Officer | Profile | |
| Keiji Takano | Sr Officer | Profile | |
| Bunroku Naganuma | Sr Officer | Profile |