RATIONAL Aktiengesellscha Correlations
| RAA Stock | EUR 878.00 3.50 0.40% |
The current 90-days correlation between RATIONAL Aktiengesellscha and NMI Holdings is -0.03 (i.e., Good diversification). The correlation of RATIONAL Aktiengesellscha 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.
RATIONAL Aktiengesellscha Correlation With Market
Average diversification
The correlation between RATIONAL Aktiengesellschaft and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding RATIONAL Aktiengesellschaft and DJI in the same portfolio, assuming nothing else is changed.
RATIONAL |
The ability to find closely correlated positions to RATIONAL Aktiengesellscha could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RATIONAL Aktiengesellscha 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 RATIONAL Aktiengesellscha - 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 RATIONAL Aktiengesellschaft to buy it.
Moving together with RATIONAL Stock
Moving against RATIONAL Stock
| 0.55 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.47 | 0S2 | UNITED URBAN INV | PairCorr |
| 0.45 | 9NPA | NIPPON PROLOGIS REIT | PairCorr |
| 0.32 | JUA | Japan Real Estate | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 RATIONAL Stock performing well and RATIONAL Aktiengesellscha 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 RATIONAL Aktiengesellscha'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WC30 | 0.71 | 0.03 | (0.03) | (0.04) | 1.57 | 1.45 | 14.41 | |||
| I1M | 1.12 | (0.36) | 0.00 | (0.28) | 0.00 | 1.69 | 6.85 | |||
| 8SP | 2.05 | (0.10) | 0.00 | 0.50 | 0.00 | 3.36 | 20.22 | |||
| 6NM | 1.22 | (0.04) | (0.04) | 0.06 | 1.70 | 2.89 | 9.64 | |||
| 39O1 | 3.51 | 0.10 | 0.00 | 1.63 | 3.50 | 8.41 | 24.06 | |||
| 2DG | 4.54 | (1.13) | 0.00 | (0.46) | 0.00 | 9.09 | 52.42 | |||
| TLX | 0.95 | (0.03) | (0.07) | 0.06 | 1.14 | 2.67 | 7.58 | |||
| TM9 | 2.79 | 0.07 | (0.03) | 0.01 | 4.21 | 5.56 | 36.50 | |||
| INVN | 2.04 | 0.17 | 0.07 | 0.25 | 2.11 | 5.59 | 14.01 | |||
| 6HW | 0.42 | (0.11) | 0.00 | 0.87 | 0.00 | 1.21 | 5.39 |
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RATIONAL Aktiengesellscha Corporate Management
Elected by the shareholders, the RATIONAL Aktiengesellscha's board of directors comprises two types of representatives: RATIONAL Aktiengesellscha inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RATIONAL. The board's role is to monitor RATIONAL Aktiengesellscha's management team and ensure that shareholders' interests are well served. RATIONAL Aktiengesellscha'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, RATIONAL Aktiengesellscha's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Peter Wiedemann | COO Board | Profile | |
| Rune Are | Chief America | Profile | |
| Markus Paschmann | Chief Board | Profile | |
| Stefan Arnold | Head Relations | Profile | |
| Peter Stadelmann | Chairman CEO | Profile | |
| Jorg Walter | CFO Board | Profile | |
| Simon Lohse | Ex America | Profile |