ABN Amro Correlations
| ABN Stock | EUR 24.17 0.07 0.29% |
The current 90-days correlation between ABN Amro Group and Aegon NV is 0.48 (i.e., Very weak diversification). The correlation of ABN Amro 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. If the correlation is 0, the equities are not correlated; they are entirely random.
ABN Amro Correlation With Market
Average diversification
The correlation between ABN Amro Group and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ABN Amro Group and DJI in the same portfolio, assuming nothing else is changed.
ABN |
The ability to find closely correlated positions to ABN Amro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ABN Amro 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 ABN Amro - 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 ABN Amro Group to buy it.
Moving together with ABN Stock
| 0.82 | INGA | ING Groep NV | PairCorr |
| 0.73 | NSE | New Sources Energy | PairCorr |
| 0.83 | ASML | ASML Holding NV | PairCorr |
| 0.76 | UMG | Universal Music Group | PairCorr |
| 0.95 | HAL | HAL Trust | PairCorr |
Moving against ABN Stock
| 0.78 | ALFEN | Alfen Beheer BV | PairCorr |
| 0.59 | AZRN | Azerion Group NV | PairCorr |
| 0.52 | INPST | Inpost SA | PairCorr |
| 0.52 | RWI | RENEWI | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between ABN Stock performing well and ABN Amro 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 ABN Amro'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| INGA | 1.03 | 0.34 | 0.21 | (5.65) | 0.63 | 2.70 | 9.73 | |||
| AGN | 0.98 | 0.21 | 0.08 | 1.87 | 0.94 | 2.57 | 6.09 | |||
| NN | 0.58 | 0.27 | 0.19 | (10.85) | 0.29 | 1.39 | 3.85 | |||
| AD | 0.75 | 0.04 | (0.08) | 3.26 | 1.09 | 1.45 | 5.73 | |||
| KPN | 0.75 | 0.07 | (0.06) | (0.70) | 1.01 | 1.77 | 5.70 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in ABN Amro 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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ABN Amro Corporate Management
Elected by the shareholders, the ABN Amro's board of directors comprises two types of representatives: ABN Amro inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ABN. The board's role is to monitor ABN Amro's management team and ensure that shareholders' interests are well served. ABN Amro'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, ABN Amro's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Choy HooftCheong | Chief Board | Profile | |
| Ferdinand Vaandrager | Head Relations | Profile | |
| Robert Swaak | CEO Board | Profile | |
| Hanneke Dorsman | G Sec | Profile | |
| Gerard Penning | Chief Board | Profile | |
| Jeroen Maarschalkerweerd | Head PR | Profile | |
| Dan Dorner | Chief Board | Profile |