Sabre Insurance Correlations
| 18M Stock | EUR 1.73 0.01 0.58% |
The current 90-days correlation between Sabre Insurance Group and CRAWFORD A NV is -0.16 (i.e., Good diversification). The correlation of Sabre 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.
Sabre Insurance Correlation With Market
Average diversification
The correlation between Sabre Insurance Group and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sabre Insurance Group and DJI in the same portfolio, assuming nothing else is changed.
Sabre |
The ability to find closely correlated positions to Sabre 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 Sabre 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 Sabre 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 Sabre Insurance Group to buy it.
Moving together with Sabre Stock
| 0.71 | VVV3 | KOWORLD AG | PairCorr |
| 0.68 | AMZ | Amazon Inc | PairCorr |
| 0.7 | AMZ | Amazon Inc | PairCorr |
| 0.63 | HHP2 | Hon Hai Precision | PairCorr |
| 0.75 | HEI | Heidelberg Materials | PairCorr |
| 0.71 | JOT | ELEKTROBIT | PairCorr |
| 0.87 | FA2 | FORWARD AIR P | PairCorr |
| 0.62 | KGHA | KGHM Polska Miedz | PairCorr |
| 0.73 | KOM1 | Komatsu | PairCorr |
Moving against Sabre Stock
| 0.71 | BTW | Brown Brown | PairCorr |
| 0.7 | MSN | Marsh McLennan Companies | PairCorr |
| 0.67 | GAH | Arthur J Gallagher | PairCorr |
| 0.55 | WTY | Willis Towers Watson | PairCorr |
| 0.55 | WMT | Walmart | PairCorr |
| 0.5 | WMT | Walmart | PairCorr |
| 0.49 | 4VK | Aon PLC Earnings Call This Week | PairCorr |
| 0.47 | CSA | Accenture plc | PairCorr |
| 0.46 | DBPD | Xtrackers ShortDAX | PairCorr |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Sabre Stock performing well and Sabre 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 Sabre 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MSN | 1.02 | (0.22) | 0.00 | (0.97) | 0.00 | 2.02 | 7.58 | |||
| 4VK | 1.27 | (0.11) | 0.00 | 0.49 | 0.00 | 1.93 | 12.82 | |||
| GAH | 1.37 | (0.19) | 0.00 | (1.80) | 0.00 | 2.64 | 9.64 | |||
| WTY | 1.17 | (0.08) | 0.00 | 0.31 | 0.00 | 1.58 | 9.28 | |||
| BTW | 1.14 | (0.23) | 0.00 | 0.99 | 0.00 | 1.88 | 9.23 | |||
| 1S6 | 0.72 | 0.09 | (0.05) | (2.17) | 0.62 | 1.89 | 4.47 | |||
| CWK0 | 1.65 | 0.12 | (0.02) | (0.18) | 2.15 | 3.30 | 10.51 | |||
| VVV3 | 1.41 | 0.34 | 0.10 | (3.21) | 1.48 | 3.33 | 7.25 | |||
| 18M | 1.76 | 0.27 | 0.04 | 1.03 | 2.83 | 4.46 | 17.23 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sabre 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?
Run Technical Analysis Now
Technical AnalysisCheck basic technical indicators and analysis based on most latest market data |
| All Next | Launch Module |
Sabre Insurance Corporate Management
Elected by the shareholders, the Sabre Insurance's board of directors comprises two types of representatives: Sabre Insurance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sabre. The board's role is to monitor Sabre Insurance's management team and ensure that shareholders' interests are well served. Sabre 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, Sabre Insurance's outside directors are responsible for providing unbiased perspectives on the board's policies.
| James Ockenden | Chief Actuary | Profile | |
| Geoffrey Carter | CEO Director | Profile | |
| Ian Clark | Non-Executive Independent Director | Profile | |
| Anneka Kingan | Chief Risk Officer, Company Secretary | Profile | |
| Matt Wright | Chief Actuary | Profile | |
| Trevor Webb | Claims Director | Profile |