Swiss Life Correlations
| SWSDF Stock | USD 784.85 0.00 0.00% |
The current 90-days correlation between Swiss Life Holding and Zurich Insurance Group is -0.17 (i.e., Good diversification). The correlation of Swiss Life 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.
Swiss Life Correlation With Market
Average diversification
The correlation between Swiss Life Holding and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Swiss Life Holding and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Swiss Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Swiss Life 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 Swiss Life - 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 Swiss Life Holding to buy it.
Moving together with Swiss Pink Sheet
Moving against Swiss Pink Sheet
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| 0.8 | SLF | Sun Life Financial | PairCorr |
| 0.79 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.77 | FDP | Fresh Del Monte | PairCorr |
| 0.75 | KULR | KULR Technology Group | PairCorr |
| 0.7 | KTB | Kontoor Brands | PairCorr |
| 0.65 | FUND | Sprott Focus Trust | PairCorr |
| 0.62 | ZFSVF | Zurich Insurance | PairCorr |
| 0.61 | BRK-B | Berkshire Hathaway | PairCorr |
| 0.6 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.6 | ZURVY | Zurich Insurance | PairCorr |
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| 0.81 | LUNR | Intuitive Machines | PairCorr |
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| 0.8 | DORM | Dorman Products | PairCorr |
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Related Correlations Analysis
| 1.0 | 0.51 | 0.45 | -0.64 | 0.39 | BRK-A | ||
| 1.0 | 0.51 | 0.46 | -0.67 | 0.4 | BRK-B | ||
| 0.51 | 0.51 | 0.89 | -0.33 | 0.0 | ZURVY | ||
| 0.45 | 0.46 | 0.89 | -0.41 | 0.03 | ZFSVF | ||
| -0.64 | -0.67 | -0.33 | -0.41 | -0.27 | AXAHF | ||
| 0.39 | 0.4 | 0.0 | 0.03 | -0.27 | AIG | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Swiss Pink Sheet performing well and Swiss Life 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 Swiss Life'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BRK-A | 0.71 | (0.09) | (0.10) | 0.01 | 0.85 | 1.26 | 7.55 | |||
| BRK-B | 0.68 | (0.09) | (0.11) | 0.01 | 0.81 | 1.08 | 7.23 | |||
| ZURVY | 0.63 | 0.05 | (0.04) | 0.44 | 0.60 | 1.44 | 4.16 | |||
| ZFSVF | 1.09 | 0.07 | (0.02) | 2.18 | 1.27 | 2.43 | 7.21 | |||
| AXAHF | 1.22 | (0.07) | 0.00 | 0.33 | 0.00 | 2.78 | 8.35 | |||
| AIG | 0.91 | (0.07) | (0.08) | 0.01 | 1.06 | 1.77 | 8.30 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Swiss Life 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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Fundamental AnalysisView fundamental data based on most recent published financial statements |
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Swiss Life Corporate Management
| Jorg Arnold | CEO Board | Profile | |
| Robert Moser | Head Controlling | Profile | |
| Stefan Machler | Group Board | Profile | |
| Heidi Hinterhuber | Head of Investor Relations | Profile |