Vienna Insurance Correlations
| VIG Stock | EUR 40.70 0.20 0.49% |
The current 90-days correlation between Vienna Insurance and Erste Group Bank is 0.37 (i.e., Weak diversification). The correlation of Vienna Insurance 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.
Vienna Insurance Correlation With Market
Average diversification
The correlation between Vienna Insurance Group and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vienna Insurance Group and DJI in the same portfolio, assuming nothing else is changed.
Vienna |
The ability to find closely correlated positions to Vienna Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vienna Insurance 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 Vienna Insurance - 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 Vienna Insurance Group to buy it.
Moving together with Vienna Stock
| 0.98 | UQA | UNIQA Insurance Group | PairCorr |
| 0.94 | SAN | Banco Santander SA | PairCorr |
| 0.9 | ABIN | Anheuser Busch InBev | PairCorr |
| 0.92 | ACS | ACS Actividades de | PairCorr |
| 0.85 | EBS | Erste Group Bank | PairCorr |
| 0.93 | OMV | OMV Aktiengesellschaft | PairCorr |
| 0.9 | FQT | Frequentis AG | PairCorr |
| 0.66 | ATS | AT S Austria | PairCorr |
Moving against Vienna Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Vienna Stock performing well and Vienna Insurance 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 Vienna Insurance'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EBS | 1.59 | 0.27 | 0.12 | 0.42 | 2.22 | 3.77 | 14.27 | |||
| UQA | 0.77 | 0.44 | 0.45 | 1.53 | 0.38 | 2.22 | 5.95 | |||
| RBI | 1.90 | 0.45 | 0.20 | 0.54 | 2.07 | 3.84 | 15.91 | |||
| VOE | 1.85 | 0.50 | 0.32 | 1.70 | 1.35 | 4.87 | 12.45 | |||
| POST | 0.66 | 0.15 | 0.15 | 1.85 | 0.97 | 1.49 | 8.05 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Vienna Insurance 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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Vienna Insurance Corporate Management
Elected by the shareholders, the Vienna Insurance's board of directors comprises two types of representatives: Vienna Insurance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vienna. The board's role is to monitor Vienna Insurance's management team and ensure that shareholders' interests are well served. Vienna Insurance'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, Vienna Insurance's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Nina HigatzbergerSchwarz | Head Relations | Profile | |
| Gabor Lehel | Member CIO | Profile | |
| Stephan Klinger | Head Department | Profile | |
| Pr Stadler | GM Board | Profile | |
| Hartwig Loger | Deputy Board | Profile | |
| Harald Riener | Member Board | Profile | |
| Peter Hofinger | Member Board | Profile |