Tarkett SA Correlations

TKTT Stock

EUR 16.35 0.30 1.87%

The current 90-days correlation between Tarkett SA and Aubay Socit Anonyme is -0.14 (i.e., Good diversification). The correlation of Tarkett SA 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.

Tarkett SA Correlation With Market

Significant diversification

The correlation between Tarkett SA and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tarkett SA and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Tarkett SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tarkett SA 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 Tarkett SA - 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 Tarkett SA to buy it.

Moving together with Tarkett Stock

0.87	BNP	BNP Paribas SA	Pair Corr
0.88	EN	Bouygues SA	Pair Corr
0.76	SAN	Sanofi SA	Pair Corr
0.8	ALMOU	Moulinvest	Pair Corr
0.89	ACA	Credit Agricole SA	Pair Corr
0.87	ENGI	Engie SA	Pair Corr
0.95	EXA	Exail Technologies Earnings Call This Week	Pair Corr
0.92	CRLO	Caisse Regionale	Pair Corr
0.9	CRI	Chargeurs SA	Pair Corr
0.91	ORA	Orange SA	Pair Corr
0.81	ALSOG	Sogeclair SA	Pair Corr
0.73	ALTPC	Societe Marseillaise	Pair Corr
0.87	PWG	Prodways Group SA	Pair Corr
0.81	NOKIA	Nokia Oyj	Pair Corr
0.88	ALPRO	Prodware	Pair Corr
0.9	ALHF	HF Company SA	Pair Corr
0.78	ALDBT	DBT SA	Pair Corr
0.81	ALGIR	Signaux Girod	Pair Corr
0.77	CS	AXA SA	Pair Corr
0.86	ALBPK	Broadpeak SA	Pair Corr
0.74	VLA	Valneva SE	Pair Corr
0.69	ML	Compagnie Generale des	Pair Corr
0.88	ATO	Atos SE	Pair Corr
0.9	HDF	Hydrogene De France	Pair Corr
0.8	CARM	Carmila SA	Pair Corr

Moving against Tarkett Stock

0.76

IAM

Itissalat Al Maghrib

Pair Corr

Related Correlations Analysis

	AUB	CATG	THEP	MTU	MEMS	MAAT	POXEL	ALTTU	ERA	ALTBG
AUB		0.17	0.13	0.36	-0.4	0.09	0.41	0.0	0.09	0.51	AUB
CATG	0.17		0.06	0.22	-0.24	0.2	0.26	0.0	-0.16	0.34	CATG
THEP	0.13	0.06		-0.32	0.2	0.69	0.05	0.0	-0.29	0.03	THEP
MTU	0.36	0.22	-0.32		-0.89	-0.54	0.55	0.0	0.17	0.59	MTU
MEMS	-0.4	-0.24	0.2	-0.89		0.48	-0.49	0.0	-0.08	-0.64	MEMS
MAAT	0.09	0.2	0.69	-0.54	0.48		0.02	0.0	-0.4	-0.19	MAAT
POXEL	0.41	0.26	0.05	0.55	-0.49	0.02		0.0	0.28	0.71	POXEL
ALTTU	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	ALTTU
ERA	0.09	-0.16	-0.29	0.17	-0.08	-0.4	0.28	0.0		0.3	ERA
ALTBG	0.51	0.34	0.03	0.59	-0.64	-0.19	0.71	0.0	0.3		ALTBG
	AUB	CATG	THEP	MTU	MEMS	MAAT	POXEL	ALTTU	ERA	ALTBG

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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

ALTBG	+ 0.71	POXEL
MAAT	+ 0.69	THEP
ALTBG	+ 0.59	MTU
POXEL	+ 0.55	MTU
ALTBG	+ 0.51	AUB
MAAT	+ 0.48	MEMS

High negative correlations

MEMS	- 0.89	MTU
ALTBG	- 0.64	MEMS
MAAT	- 0.54	MTU
POXEL	- 0.49	MEMS
ERA	- 0.4	MAAT
MEMS	- 0.4	AUB

Risk-Adjusted Indicators

There is a big difference between Tarkett Stock performing well and Tarkett SA 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 Tarkett SA'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
AUB	1.08	0.03	0.08	2.23	1.39	(1.11)	1.96	(2.47)	6.63
CATG	1.53	(0.01)	0.00	(0.12)	0.00	0.00	3.89	(3.16)	14.86
THEP	0.99	(0.04)	0.00	2.37	0.00	0.00	2.29	(2.11)	7.46
MTU	1.99	0.29	0.08	0.31	3.38	(2.00)	4.35	(2.87)	26.35
MEMS	3.00	(0.35)	0.00	0.15	0.00	0.00	4.98	(5.70)	37.48
MAAT	1.83	(0.31)	0.00	(1.10)	0.00	0.00	3.99	(3.83)	25.99
POXEL	6.57	1.15	0.17	(8.13)	5.09	(14.73)	14.29	(10.00)	83.01
ALTTU	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ERA	2.04	0.21	0.13	0.80	1.99	(2.44)	4.34	(3.67)	15.70
ALTBG	5.29	0.44	0.08	(2.12)	5.38	(8.40)	13.51	(9.76)	38.27

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

Elected by the shareholders, the Tarkett SA's board of directors comprises two types of representatives: Tarkett SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tarkett. The board's role is to monitor Tarkett SA's management team and ensure that shareholders' interests are well served. Tarkett SA'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, Tarkett SA's outside directors are responsible for providing unbiased perspectives on the board's policies.

Fabrice Barthlemy	Chairman CEO	Profile
Carine Vinardi	Ex Operations	Profile
MBA M	Chief Officer	Profile
Alexandra Boucheron	Investor Director	Profile
Audrey Dauvet	Group Counsel	Profile

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