Aegon NV Correlations
| AGN Stock | EUR 5.88 0.12 2.00% |
The correlation of Aegon NV 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aegon NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aegon NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Good diversification
The correlation between Aegon NV and NYA is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aegon NV and NYA in the same portfolio, assuming nothing else is changed.
Aegon |
The ability to find closely correlated positions to Aegon NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aegon NV 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 Aegon NV - 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 Aegon NV to buy it.
Moving together with Aegon Stock
| 0.74 | NN | NN Group NV | PairCorr |
| 0.73 | TWEKA | TKH Group NV | PairCorr |
| 0.83 | INGA | ING Groep NV | PairCorr |
| 0.68 | BAMNB | Koninklijke BAM Groep | PairCorr |
Moving against Aegon Stock
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Aegon Stock performing well and Aegon NV 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 Aegon NV'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 | 1.02 | 0.34 | 0.15 | 0.94 | 1.45 | 2.04 | 7.02 | |||
| KPN | 0.67 | 0.14 | 0.10 | 21.69 | 0.59 | 1.28 | 4.76 | |||
| ABN | 1.13 | 0.18 | 0.07 | 1.27 | 1.58 | 2.46 | 12.96 | |||
| NN | 0.82 | 0.21 | 0.13 | 1.46 | 0.92 | 1.34 | 11.66 | |||
| PHIA | 1.50 | 0.45 | 0.25 | (0.48) | 0.93 | 2.49 | 30.45 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aegon NV 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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Aegon NV Corporate Management
Elected by the shareholders, the Aegon NV's board of directors comprises two types of representatives: Aegon NV inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aegon. The board's role is to monitor Aegon NV's management team and ensure that shareholders' interests are well served. Aegon NV'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, Aegon NV's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Friese | CEO Board | Profile | |
| Marco RA | CEO Board | Profile | |
| Elisabetta Caldera | Chief Board | Profile | |
| Allegra HvellPatrizi | CEO Board | Profile | |
| Wilford Fuller | Member Americas | Profile | |
| Duncan Russell | Chief Board | Profile | |
| Matthew Rider | CFO Board | Profile |
Already Invested in Aegon NV?
The danger of trading Aegon NV is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aegon NV is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aegon NV. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aegon NV is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aegon NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Aegon Stock analysis
When running Aegon NV's price analysis, check to measure Aegon NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aegon NV is operating at the current time. Most of Aegon NV's value examination focuses on studying past and present price action to predict the probability of Aegon NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aegon NV's price. Additionally, you may evaluate how the addition of Aegon NV to your portfolios can decrease your overall portfolio volatility.
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