Verallia Correlations
| VRLA Stock | EUR 26.82 0.08 0.30% |
The current 90-days correlation between Verallia and Gaztransport Technigaz SAS is -0.06 (i.e., Good diversification). The correlation of Verallia 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.
Verallia Correlation With Market
Weak diversification
The correlation between Verallia and DJI is 0.39 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Verallia and DJI in the same portfolio, assuming nothing else is changed.
Verallia |
The ability to find closely correlated positions to Verallia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Verallia 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 Verallia - 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 Verallia to buy it.
Moving together with Verallia Stock
| 0.79 | NANO | Nanobiotix SA | PairCorr |
| 0.66 | ML | Compagnie Generale des | PairCorr |
| 0.61 | MLPAC | Pacte Novation | PairCorr |
| 0.84 | SAN | Sanofi SA | PairCorr |
| 0.84 | AI | Air Liquide SA | PairCorr |
| 0.7 | ERF | Eurofins Scientific | PairCorr |
| 0.66 | FR | Valeo SA | PairCorr |
| 0.67 | CRBP2 | Caisse Regionale | PairCorr |
| 0.62 | MC | LVMH Mot Hennessy | PairCorr |
| 0.8 | EN | Bouygues SA | PairCorr |
| 0.77 | RF | Eurazeo Earnings Call This Week | PairCorr |
| 0.67 | CRLO | Caisse Regionale | PairCorr |
| 0.68 | AIR | Airbus Group SE | PairCorr |
| 0.61 | CRAV | Caisse rgionale de | PairCorr |
| 0.78 | CRSU | Caisse Regionale | PairCorr |
| 0.62 | LI | Klepierre SA | PairCorr |
Moving against Verallia Stock
| 0.85 | BUI | Barbara Bui SA | PairCorr |
| 0.78 | ALCAR | Carmat | PairCorr |
| 0.61 | ALMDT | Mediantechn | PairCorr |
| 0.55 | FINM | Financiere Marjos | PairCorr |
| 0.52 | ALBI | Gascogne SA | PairCorr |
| 0.31 | AUGR | Augros Cosmetic Packaging | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Verallia Stock performing well and Verallia 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 Verallia'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GTT | 1.49 | 0.13 | 0.09 | (0.23) | 1.61 | 2.97 | 21.81 | |||
| NK | 1.54 | 0.14 | 0.09 | 1.89 | 1.63 | 3.61 | 14.95 | |||
| AMUN | 0.90 | 0.20 | 0.24 | 26.38 | 0.73 | 2.29 | 5.94 | |||
| RUI | 1.01 | 0.20 | 0.18 | (7.83) | 0.99 | 2.24 | 6.12 | |||
| TRI | 1.27 | 0.13 | 0.09 | 1.51 | 1.52 | 2.38 | 6.68 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Verallia 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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Verallia Corporate Management
Elected by the shareholders, the Verallia's board of directors comprises two types of representatives: Verallia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Verallia. The board's role is to monitor Verallia's management team and ensure that shareholders' interests are well served. Verallia'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, Verallia's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Hugues Denissel | General Manager of Verallia Northern and Eastern Europe | Profile | |
| Olivier Rousseau | General Manager of Verallia France | Profile | |
| Paulo Pinto | General Manager of Verallia Iberia | Profile | |
| Jose Arozamena | Independent Director | Profile | |
| Cecile Marsac | Independent Director | Profile |