Infrastrutture Wireless Correlations

WI8 Stock  EUR 9.43  0.13  1.40%   
The current 90-days correlation between Infrastrutture Wireless and SENECA FOODS A is -0.07 (i.e., Good diversification). The correlation of Infrastrutture Wireless 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.

Infrastrutture Wireless Correlation With Market

Significant diversification

The correlation between Infrastrutture Wireless Italia 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 Infrastrutture Wireless Italia and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Infrastrutture Wireless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Infrastrutture Wireless 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 Infrastrutture Wireless - 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 Infrastrutture Wireless Italiane to buy it.

Moving together with Infrastrutture Stock

  0.65E6Z AECOMPairCorr
  0.63OB8 PT Barito PacificPairCorr

Moving against Infrastrutture Stock

  0.55BYG Big Yellow GroupPairCorr
  0.54SQU Vinci S APairCorr
  0.71T62 TOHO ZINC LTDPairCorr
  0.683RE Rejlerkoncernen ABPairCorr
  0.65BY6A BYD LimitedPairCorr
  0.635TP BLUE LABELPairCorr
  0.59TKA thyssenkrupp AGPairCorr
  0.57BSN Danone SAPairCorr
  0.56SOBA ATT IncPairCorr
  0.55JYS1 JYSKE BANKPairCorr
  0.47DBPE Xtrackers LevDAXPairCorr
  0.46TLLB Trelleborg ABPairCorr
  0.43BRH Berkshire HathawayPairCorr
  0.35ROM Rohm CoPairCorr
  0.35KEI KEISEI EL RAILWAYPairCorr
  0.31E908 Lyxor 1PairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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   
6CFAZU
NY70XSFA
6CFXSFA
LC0AAZU
NY700M7
6CFLC0A
  
High negative correlations   
LC0A7RD
6CF7RD
7RDAZU
NY707RD
7RDXSFA
7RDCFH

Risk-Adjusted Indicators

There is a big difference between Infrastrutture Stock performing well and Infrastrutture Wireless 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 Infrastrutture Wireless' 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Infrastrutture Wireless 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?

Run Equity Analysis Now

   

Equity Analysis

Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
All  Next Launch Module

Infrastrutture Wireless Corporate Management

Elected by the shareholders, the Infrastrutture Wireless' board of directors comprises two types of representatives: Infrastrutture Wireless inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Infrastrutture. The board's role is to monitor Infrastrutture Wireless' management team and ensure that shareholders' interests are well served. Infrastrutture Wireless' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Infrastrutture Wireless' outside directors are responsible for providing unbiased perspectives on the board's policies.
Salvatore GiudiceSecretary to the BoardProfile
Laura TruccoHead of AuditProfile
Gabriele AbbagnaraHead SalesProfile
Elisa PatriziHead - Technology and OperationsProfile
Massimo ScapiniHead TechnologyProfile
Fabio RuffiniHead RelationsProfile
Francesco PiccirilloHead EstateProfile