Sempra Correlations

Stocks . Germany . 
Stock . Sempra
SE4 Stock  EUR 64.10  2.10  3.39%   
The current 90-days correlation between Sempra and Luckin Coffee is 0.14 (i.e., Average diversification). The correlation of Sempra 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.

Sempra Correlation With Market

Good diversification

The correlation between Sempra and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sempra and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Sempra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sempra 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 Sempra - 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 Sempra to buy it.

Moving against Sempra Stock

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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   
LC0A
+ 0.79
N9L
ZSL
+ 0.77
N9L
LC0A
+ 0.75
ZSL
ZSL
+ 0.7
12P
1G3
+ 0.68
ZSL
1G3
+ 0.52
12P
  
High negative correlations   
6UY
- 0.69
12P
6UY
- 0.36
ZSL
1G3
- 0.3
6UY
1G3
- 0.28
JAN
LC0A
- 0.26
6UY
JAN
- 0.11
12P

Risk-Adjusted Indicators

There is a big difference between Sempra Stock performing well and Sempra 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 Sempra'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.

Be your own money manager

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

Elected by the shareholders, the Sempra's board of directors comprises two types of representatives: Sempra inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sempra. The board's role is to monitor Sempra's management team and ensure that shareholders' interests are well served. Sempra'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, Sempra's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeffrey MartinPres ChairmanProfile
Justin BirdChief OfficerProfile
Trevor MihalikCFO VPProfile
Paul YongChief VPProfile
Faisel KhanVP FinProfile
Kevin SagaraEx UtilitiesProfile
Karen SedgwickChief OfficerProfile
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