Ryanair Holdings Correlations
| RYA Stock | 20.25 0.27 1.32% |
The current 90-days correlation between Ryanair Holdings plc and Bank of Ireland is 0.27 (i.e., Modest diversification). The correlation of Ryanair Holdings 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.
Ryanair Holdings Correlation With Market
Significant diversification
The correlation between Ryanair Holdings plc and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ryanair Holdings plc and DJI in the same portfolio, assuming nothing else is changed.
Ryanair |
The ability to find closely correlated positions to Ryanair Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ryanair Holdings 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 Ryanair Holdings - 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 Ryanair Holdings plc to buy it.
Moving together with Ryanair Stock
Moving against Ryanair Stock
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Risk-Adjusted Indicators
There is a big difference between Ryanair Stock performing well and Ryanair Holdings 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 Ryanair Holdings' 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.Be your own money manager
Our tools can tell you how much better you can do entering a position in Ryanair Holdings 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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Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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Ryanair Holdings Corporate Management
Elected by the shareholders, the Ryanair Holdings' board of directors comprises two types of representatives: Ryanair Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ryanair. The board's role is to monitor Ryanair Holdings' management team and ensure that shareholders' interests are well served. Ryanair Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ryanair Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Juliusz Komorek | Group Sec | Profile | |
| Carol Sharkey | Chief Officer | Profile | |
| Captain Conway | Chief Pilot | Profile | |
| John Tuite | Head Fin | Profile | |
| Tracey McCann | Chief DAC | Profile | |
| Neil Sorahan | Group Officer | Profile | |
| Dara Brady | Head Experience | Profile |