Papoutsanis Correlations
| PAP Stock | EUR 2.62 0.01 0.38% |
The current 90-days correlation between Papoutsanis SA and Kri Kri Milk Industry is 0.13 (i.e., Average diversification). The correlation of Papoutsanis 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.
Papoutsanis Correlation With Market
Average diversification
The correlation between Papoutsanis 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 Papoutsanis SA and DJI in the same portfolio, assuming nothing else is changed.
Papoutsanis |
The ability to find closely correlated positions to Papoutsanis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Papoutsanis 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 Papoutsanis - 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 Papoutsanis SA to buy it.
Moving together with Papoutsanis Stock
| 0.74 | SAR | Gr Sarantis SA | PairCorr |
| 0.7 | INTRK | Intracom Holdings | PairCorr |
| 0.64 | DROME | Dromeas SA | PairCorr |
| 0.86 | EXAE | Hellenic Exchanges Earnings Call This Week | PairCorr |
| 0.67 | ETE | National Bank | PairCorr |
| 0.62 | MOTO | Emporiki Eisagogiki | PairCorr |
| 0.77 | QUEST | Quest Holdings SA | PairCorr |
| 0.85 | AVAX | Avax SA | PairCorr |
| 0.67 | INLOT | Intralot SA Integrated | PairCorr |
| 0.84 | ELPE | Hellenic Petroleum | PairCorr |
| 0.64 | VIDAVO | VIDAVO SA | PairCorr |
| 0.72 | MYTIL | Mytilineos SA | PairCorr |
| 0.69 | EKTER | Ekter SA | PairCorr |
| 0.74 | AEGN | Aegean Airlines SA | PairCorr |
| 0.71 | ACAG | Austriacard Holdings | PairCorr |
| 0.69 | ADMIE | Admie Holding SA | PairCorr |
| 0.65 | PREMIA | Premia SA | PairCorr |
| 0.77 | VOSYS | Vogiatzoglou Systems | PairCorr |
| 0.72 | OTOEL | Autohellas SA | PairCorr |
| 0.84 | TPEIR | Piraeus Financial | PairCorr |
| 0.82 | ELSTR | Elastron SA | PairCorr |
| 0.67 | SPIR | The House | PairCorr |
| 0.79 | KYLO | Loulis Mills SA | PairCorr |
| 0.72 | OPAP | Greek Organization | PairCorr |
| 0.89 | MOH | Motor Oil Corinth | PairCorr |
| 0.69 | PPA | Piraeus Port Authority | PairCorr |
| 0.83 | TRASTOR | Trastor Real Estate | PairCorr |
| 0.81 | PPC | Public Power | PairCorr |
| 0.66 | ANDRO | Alpha Trust Andromeda | PairCorr |
Moving against Papoutsanis Stock
Related Correlations Analysis
| 0.72 | 0.41 | 0.39 | 0.28 | KRI | ||
| 0.72 | 0.71 | 0.76 | 0.64 | ELPE | ||
| 0.41 | 0.71 | 0.89 | 0.53 | AEGN | ||
| 0.39 | 0.76 | 0.89 | 0.53 | MYTIL | ||
| 0.28 | 0.64 | 0.53 | 0.53 | TENERGY | ||
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Risk-Adjusted Indicators
There is a big difference between Papoutsanis Stock performing well and Papoutsanis 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 Papoutsanis' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KRI | 1.25 | 0.13 | 0.10 | 0.39 | 1.62 | 3.01 | 8.22 | |||
| ELPE | 0.83 | 0.21 | 0.30 | (4.16) | 0.79 | 1.82 | 6.10 | |||
| AEGN | 1.18 | 0.27 | 0.24 | 1.23 | 1.14 | 3.10 | 10.45 | |||
| MYTIL | 1.10 | 0.28 | 0.26 | 1.11 | 1.07 | 2.79 | 6.78 | |||
| TENERGY | 0.23 | 0.02 | 0.18 | 0.14 | 0.31 | 0.60 | 3.75 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Papoutsanis 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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Papoutsanis Corporate Management
Elected by the shareholders, the Papoutsanis' board of directors comprises two types of representatives: Papoutsanis inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Papoutsanis. The board's role is to monitor Papoutsanis' management team and ensure that shareholders' interests are well served. Papoutsanis' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Papoutsanis' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mary Iskalatian | Fin CFO | Profile | |
| Georgios Gatzaros | Ex Chairman | Profile | |
| Menelaos Tassopoulos | Ex CEO | Profile | |
| Alexandros Georgiadis | Head Department | Profile | |
| Dimitrios Papoutsanis | VP Director | Profile |