Mtropole Tlvision Correlations
| MMT Stock | EUR 13.74 0.16 1.15% |
The current 90-days correlation between Mtropole Tlvision and Television Francaise 1 is 0.41 (i.e., Very weak diversification). The correlation of Mtropole Tlvision 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.
Mtropole Tlvision Correlation With Market
Average diversification
The correlation between Mtropole Tlvision SA and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mtropole Tlvision SA and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Mtropole Tlvision could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mtropole Tlvision 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 Mtropole Tlvision - 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 Mtropole Tlvision SA to buy it.
Moving together with Mtropole Stock
| 0.7 | VIV | Vivendi SA | PairCorr |
| 0.82 | SESG | SES S A | PairCorr |
| 0.93 | TFI | Television Francaise | PairCorr |
| 0.96 | BNP | BNP Paribas SA | PairCorr |
| 0.97 | ACA | Credit Agricole SA | PairCorr |
| 0.93 | GLE | Societe Generale | PairCorr |
| 0.81 | TTE | TotalEnergies SE | PairCorr |
| 0.95 | ORA | Orange SA | PairCorr |
| 0.86 | ENGI | Engie SA | PairCorr |
| 0.69 | ALPJT | Poujoulat SA | PairCorr |
| 0.71 | LAT | Latcore SA Earnings Call Tomorrow | PairCorr |
| 0.86 | WAVE | Wavestone SA | PairCorr |
| 0.86 | HO | Thales SA | PairCorr |
| 0.84 | ML | Compagnie Generale des | PairCorr |
| 0.72 | ATO | Atos SE | PairCorr |
| 0.73 | ARTO | Artois Nom Earnings Call Tomorrow | PairCorr |
| 0.75 | ALAMA | AMA Corp PLC | PairCorr |
| 0.93 | AREIT | Altareit | PairCorr |
Related Correlations Analysis
| -0.63 | 0.43 | 0.57 | 0.91 | TFI | ||
| -0.63 | -0.02 | -0.81 | -0.51 | NXI | ||
| 0.43 | -0.02 | -0.09 | 0.44 | MMB | ||
| 0.57 | -0.81 | -0.09 | 0.41 | ETL | ||
| 0.91 | -0.51 | 0.44 | 0.41 | SCR | ||
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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
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Risk-Adjusted Indicators
There is a big difference between Mtropole Stock performing well and Mtropole Tlvision 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 Mtropole Tlvision'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TFI | 0.84 | 0.34 | 0.38 | 3.58 | 0.56 | 1.76 | 7.07 | |||
| NXI | 1.99 | 0.00 | 0.00 | 0.00 | 0.00 | 3.04 | 24.97 | |||
| MMB | 0.99 | 0.03 | 0.04 | 0.02 | 1.08 | 1.98 | 12.35 | |||
| ETL | 9.22 | 1.72 | 0.29 | (0.59) | 5.65 | 27.91 | 135.49 | |||
| SCR | 1.08 | 0.29 | 0.24 | (29.77) | 1.02 | 2.95 | 7.46 |
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Mtropole Tlvision Corporate Management
Elected by the shareholders, the Mtropole Tlvision's board of directors comprises two types of representatives: Mtropole Tlvision inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mtropole. The board's role is to monitor Mtropole Tlvision's management team and ensure that shareholders' interests are well served. Mtropole Tlvision'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, Mtropole Tlvision's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Grgory Fouler | Deputy Officer | Profile | |
| Franois Mathoulin | Chief Officer | Profile | |
| Regis Ravanas | Member Board | Profile | |
| Mathias Bejanin | Chief Officer | Profile | |
| Benjamin Boiron | Head Communication | Profile | |
| David Larramendy | Member Board | Profile | |
| Jrme Lefbure | Member Board | Profile |