Zurich Insurance Correlations

Stocks . Germany . 
Stock . Zurich Insurance Group
ZFI1 Stock  EUR 31.40  0.60  1.88%   
The current 90-days correlation between Zurich Insurance and CDL INVESTMENT is 0.1 (i.e., Average diversification). The correlation of Zurich 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.

Zurich Insurance Correlation With Market

Average diversification

The correlation between Zurich 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 Zurich Insurance Group and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Zurich 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 Zurich 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 Zurich 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 Zurich Insurance Group to buy it.

Moving together with Zurich Stock

  0.81BRYN Berkshire HathawayPairCorr
  0.82BRH Berkshire HathawayPairCorr
  0.8AINN American InternationalPairCorr
  0.71ASG Assicurazioni GeneraliPairCorr
  0.65ECHA Ecopetrol SAPairCorr
  0.75JYS1 JYSKE BANKPairCorr
  0.81TKA thyssenkrupp AGPairCorr
  0.71KEI KEISEI EL RAILWAY SplitPairCorr
  0.81T62 TOHO ZINC LTDPairCorr
  0.855TP BLUE LABELPairCorr
  0.93RE Rejlerkoncernen ABPairCorr
  0.82BSN Danone SAPairCorr
  0.64TLLB Trelleborg ABPairCorr
  0.75DBPE Xtrackers LevDAXPairCorr
  0.66E908 Lyxor 1PairCorr

Moving against Zurich Stock

  0.85PTI Perusahaan PerseroanPairCorr
  0.84TCID Telkom Indonesia TbkPairCorr
  0.76TCID Telkom Indonesia TbkPairCorr
  0.75LIE Sun Life FinancialPairCorr
  0.64RSK Arch Capital GroupPairCorr
  0.63TCID Telkom Indonesia TbkPairCorr
  0.48TCID Telkom Indonesia TbkPairCorr
  0.81DBPD Xtrackers ShortDAXPairCorr
  0.37T9V TASTY PLC LSPairCorr

Related Correlations Analysis

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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   
P4Q
+ 0.76
M1W
P4Q
+ 0.75
6E2
DGD
+ 0.74
6E2
KEC
+ 0.64
M1W
P4Q
+ 0.64
DGD
M1W
+ 0.6
6E2
  
High negative correlations   
US8
- 0.74
M1W
US8
- 0.61
KEC
P4Q
- 0.55
US8
P4Q
- 0.43
BXU
US8
- 0.37
6E2
DGD
- 0.37
BXU

Risk-Adjusted Indicators

There is a big difference between Zurich Stock performing well and Zurich 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 Zurich 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Zurich 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.

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Zurich Insurance Corporate Management

Elected by the shareholders, the Zurich Insurance's board of directors comprises two types of representatives: Zurich Insurance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Zurich. The board's role is to monitor Zurich Insurance's management team and ensure that shareholders' interests are well served. Zurich 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, Zurich Insurance's outside directors are responsible for providing unbiased perspectives on the board's policies.
MBA BSCEO CommitteeProfile
Sierra SignorelliCEO CommitteeProfile
George QuinnGroup CommitteeProfile
Mario GrecoGroup CommitteeProfile
Ericson ChanGroup CommitteeProfile
Kristof TerrynCEO CommitteeProfile
Jeffrey DaileyInc GroupProfile
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