Trajano Iberia Correlations

YTRA Stock

EUR 4.76 0.00 0.00%

The current 90-days correlation between Trajano Iberia Socimi and Meridia Real Estate is -0.03 (i.e., Good diversification). The correlation of Trajano Iberia 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.

Trajano Iberia Correlation With Market

Good diversification

The correlation between Trajano Iberia Socimi and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Trajano Iberia Socimi and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Trajano Stock

0.88	YHSP	Hispanotels Inversiones	Pair Corr
0.68	DOMO	Domo Activos Socimi	Pair Corr
0.72	YARP	Arrienda Rental Prop	Pair Corr
0.69	AENA	Aena SA	Pair Corr

Moving against Trajano Stock

0.95	YZBL	Zambal Spain Socimi	Pair Corr
0.87	YADR	Adriano Care SOCIMI	Pair Corr
0.39	PVA	Pescanova SA	Pair Corr

Related Correlations Analysis

	YMRE	YHSP	MVC	YATO	AEDAS	CBAV	A3M	MAP
YMRE		0.47	0.29	0.35	-0.14	0.01	-0.15	0.39	YMRE
YHSP	0.47		0.5	0.94	0.6	0.53	-0.48	0.87	YHSP
MVC	0.29	0.5		0.44	0.37	0.54	-0.15	0.64	MVC
YATO	0.35	0.94	0.44		0.67	0.59	-0.47	0.87	YATO
AEDAS	-0.14	0.6	0.37	0.67		0.69	-0.23	0.71	AEDAS
CBAV	0.01	0.53	0.54	0.59	0.69		0.05	0.66	CBAV
A3M	-0.15	-0.48	-0.15	-0.47	-0.23	0.05		-0.48	A3M
MAP	0.39	0.87	0.64	0.87	0.71	0.66	-0.48		MAP
	YMRE	YHSP	MVC	YATO	AEDAS	CBAV	A3M	MAP

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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

YATO	+ 0.94	YHSP
MAP	+ 0.87	YHSP
MAP	+ 0.87	YATO
MAP	+ 0.71	AEDAS
CBAV	+ 0.69	AEDAS
AEDAS	+ 0.67	YATO

High negative correlations

MAP	- 0.48	A3M
A3M	- 0.48	YHSP
A3M	- 0.47	YATO
A3M	- 0.23	AEDAS
A3M	- 0.15	MVC
A3M	- 0.15	YMRE

Risk-Adjusted Indicators

There is a big difference between Trajano Stock performing well and Trajano Iberia 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 Trajano Iberia'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
YMRE	0.29	0.16	0.00	(0.86)	0.00	0.00	0.00	0.00	8.86
YHSP	0.44	0.28	0.00	(0.99)	0.00	0.00	0.76	0.00	10.17
MVC	0.75	0.03	(0.09)	0.50	0.69	(1.09)	1.76	(1.39)	3.85
YATO	1.30	0.52	0.00	0.62	0.00	0.00	0.00	0.00	44.30
AEDAS	1.16	0.02	(0.05)	0.41	1.66	(1.28)	2.15	(2.06)	9.52
CBAV	1.64	0.28	0.04	(0.47)	2.10	(1.98)	3.34	(4.34)	15.10
A3M	0.68	(0.07)	0.00	(0.05)	0.00	0.00	1.28	(1.72)	4.40
MAP	0.86	0.17	0.06	1.48	0.75	(1.12)	1.98	(1.58)	6.90

Be your own money manager

Our tools can tell you how much better you can do entering a position in Trajano Iberia 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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Trajano Iberia Corporate Management

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

Daniel Glvez	Head Management	Profile
Esther Jimnez	Head Admin	Profile
Dionisio Sevilla	Chief Officer	Profile
Jose Iturzaeta	S Board	Profile

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