Sif Holding Correlations
| SIFG Stock | EUR 9.46 0.15 1.56% |
The current 90-days correlation between Sif Holding NV and Kendrion NV is 0.24 (i.e., Modest diversification). The correlation of Sif Holding 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.
Sif Holding Correlation With Market
Significant diversification
The correlation between Sif Holding NV 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 Sif Holding NV and DJI in the same portfolio, assuming nothing else is changed.
Sif |
The ability to find closely correlated positions to Sif Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sif Holding 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 Sif Holding - 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 Sif Holding NV to buy it.
Moving against Sif Stock
Related Correlations Analysis
| 0.69 | 0.6 | 0.59 | 0.65 | KENDR | ||
| 0.69 | 0.78 | 0.91 | 0.79 | NEDAP | ||
| 0.6 | 0.78 | 0.87 | 0.85 | BRNL | ||
| 0.59 | 0.91 | 0.87 | 0.8 | TWEKA | ||
| 0.65 | 0.79 | 0.85 | 0.8 | FFARM | ||
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Risk-Adjusted Indicators
There is a big difference between Sif Stock performing well and Sif Holding 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 Sif Holding'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KENDR | 1.31 | 0.16 | 0.12 | 0.50 | 1.64 | 3.67 | 11.49 | |||
| NEDAP | 1.00 | 0.29 | 0.33 | 5.48 | 0.72 | 2.45 | 5.99 | |||
| BRNL | 1.35 | 0.28 | 0.24 | 3.85 | 1.16 | 3.14 | 9.88 | |||
| TWEKA | 1.20 | 0.40 | 0.30 | 0.81 | 1.11 | 3.24 | 7.87 | |||
| FFARM | 1.20 | 0.50 | 0.42 | 9.20 | 0.82 | 3.86 | 7.66 |
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Sif Holding Corporate Management
Elected by the shareholders, the Sif Holding's board of directors comprises two types of representatives: Sif Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sif. The board's role is to monitor Sif Holding's management team and ensure that shareholders' interests are well served. Sif Holding'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, Sif Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Frank Kevenaar | Chief Officer | Profile | |
| Ben Meijer | CFO Board | Profile | |
| Fons Lith | Head Affairs | Profile | |
| Joost Heemskerk | Chief Officer | Profile | |
| Caspar Kramers | Chief Officer | Profile | |
| GGP Beers | CEO Board | Profile |