NN Group Correlations

NNGRY Stock  USD 25.33  0.07  0.28%   
The current 90-days correlation between NN Group NV and Sampo Oyj is 0.01 (i.e., Significant diversification). The correlation of NN Group 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. If the correlation is 0, the equities are not correlated; they are entirely random.

NN Group Correlation With Market

Average diversification

The correlation between NN Group NV and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding NN Group NV and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to NN Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NN Group 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 NN Group - 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 NN Group NV to buy it.

Moving together with NNGRY Pink Sheet

  0.93BRK-A Berkshire HathawayPairCorr
  0.93BRK-B Berkshire HathawayPairCorr
  0.78ALIZF Allianz SEPairCorr
  0.84ZURVY Zurich InsurancePairCorr
  0.83ZFSVF Zurich InsurancePairCorr
  0.68AXAHF AXA SAPairCorr
  0.89AIG American International Normal TradingPairCorr
  0.71MSB Mesabi TrustPairCorr
  0.74NTNX Nutanix Tech BoostPairCorr
  0.87KO Coca ColaPairCorr
  0.68COST Costco Wholesale CorpPairCorr
  0.63AAMMF Almadex MineralsPairCorr
  0.85WPM Wheaton Precious MetalsPairCorr
  0.66MCD McDonaldsPairCorr
  0.74KOREF KORE MiningPairCorr
  0.71CSCO Cisco SystemsPairCorr
  0.7IBM International Business Sell-off TrendPairCorr
  0.86T ATT Inc Aggressive PushPairCorr
  0.94JNJ Johnson JohnsonPairCorr
  0.75VZ Verizon Communications Sell-off TrendPairCorr
  0.69GE GE AerospacePairCorr
  0.61DD Dupont De NemoursPairCorr

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   
AXAHFARZGY
ZURVYSAXPY
ARZGFARZGY
ARZGYAGESY
AXAHFARZGF
AXAHFAGESY
  
High negative correlations   
AXAHFSAXPF
ARZGYSAXPF
AGESYSAXPF
ARZGFSAXPF
ATH-PCSAXPF
ATH-PBARZGF

Risk-Adjusted Indicators

There is a big difference between NNGRY Pink Sheet performing well and NN Group 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 NN Group'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
SAXPF  57.19  21.97  0.40 (0.61) 25.06 
 399.76 
 481.20 
AGESY  0.95  0.10  0.09  0.22  1.15 
 2.01 
 6.26 
ATH-PC  0.12  0.01  0.18  0.44  0.07 
 0.32 
 0.76 
ARZGY  0.89  0.23  0.25  0.66  0.77 
 1.92 
 4.83 
ARZGF  0.61  0.32  0.00 (2.02) 0.00 
 1.88 
 10.15 
AXAHF  1.18  0.15  0.08  0.58  1.41 
 2.77 
 8.55 
SAXPY  0.89  0.10  0.08  0.17  1.24 
 1.79 
 5.21 
ZURVY  0.75  0.10  0.10  0.21  0.92 
 1.46 
 5.02 
ATH-PB  1.02 (0.02) 0.00 (0.05) 0.00 
 2.91 
 6.54 

Be your own money manager

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

Janet StuijtMember of the Management BoardProfile
Maurice KoopmanChief NonLifeProfile
Jelmer LantingaHead RelationsProfile
Bernhard KaufmannChief BoardProfile
Leon RietCEO BoardProfile
Annemiek MelickViceChairman CFOProfile