Belimo Holding Correlations
| BEAN Stock | CHF 900.50 10.00 1.12% |
The current 90-days correlation between Belimo Holding and VAT Group AG is 0.33 (i.e., Weak diversification). The correlation of Belimo Holding 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.
Belimo Holding Correlation With Market
Average diversification
The correlation between Belimo Holding 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 Belimo Holding and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Belimo Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Belimo Holding 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 Belimo Holding - 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 Belimo Holding to buy it.
Moving together with Belimo Stock
| 0.63 | HOLN | Holcim AG | PairCorr |
| 0.9 | ZEHN | Zehnder Earnings Call This Week | PairCorr |
| 0.84 | UBSG | UBS Group AG | PairCorr |
| 0.96 | BUCN | Bucher Industries | PairCorr |
| 0.91 | SLHN | Swiss Life Holding | PairCorr |
| 0.77 | CICN | Cicor Technologies Earnings Call Tomorrow | PairCorr |
| 0.9 | KLIN | Klingelnberg AG | PairCorr |
| 0.66 | MOBN | Mobimo Hldg | PairCorr |
| 0.71 | BANB | Bachem Holding AG Earnings Call This Week | PairCorr |
| 0.74 | EMSN | EMS CHEMIE HOLDING | PairCorr |
| 0.91 | IFCN | Inficon Holding | PairCorr |
| 0.94 | UBXN | U Blox Holding | PairCorr |
| 0.71 | MOZN | mobilezone ag | PairCorr |
| 0.78 | OERL | OC Oerlikon Corp | PairCorr |
| 0.83 | SWON | SoftwareONE Holding | PairCorr |
| 0.89 | ALSN | Also Holding AG Earnings Call Today | PairCorr |
| 0.81 | CPHN | CPH Chemie und | PairCorr |
| 0.85 | BEKN | Berner Kantonalbank | PairCorr |
| 0.78 | IMPN | Implenia AG | PairCorr |
| 0.68 | MEDX | medmix AG Earnings Call Tomorrow | PairCorr |
| 0.8 | ADXN | Addex Therapeutics | PairCorr |
| 0.92 | ABBN | ABB | PairCorr |
| 0.88 | FHZN | Flughafen Zurich | PairCorr |
| 0.86 | SWTQ | Schweiter Technologies Earnings Call This Week | PairCorr |
| 0.83 | SCHN | Schindler Holding | PairCorr |
| 0.71 | COTN | Comet Holding AG | PairCorr |
| 0.93 | BRKN | Burkhalter Holding | PairCorr |
| 0.63 | SUN | Sulzer AG Earnings Call This Week | PairCorr |
| 0.76 | INRN | Interroll Holding | PairCorr |
| 0.77 | CMBN | Cembra Money Bank Earnings Call This Week | PairCorr |
| 0.87 | HELN | Helvetia Holding | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Belimo Stock performing well and Belimo Holding 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 Belimo Holding'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EMSN | 0.93 | 0.15 | 0.04 | 0.83 | 0.92 | 2.23 | 6.04 | |||
| GEBN | 0.82 | 0.17 | 0.09 | 0.65 | 0.68 | 2.15 | 4.41 | |||
| VACN | 1.65 | 0.23 | 0.10 | 0.60 | 1.36 | 3.94 | 10.02 | |||
| INRN | 1.65 | 0.42 | 0.17 | 1.10 | 1.60 | 3.86 | 11.44 | |||
| TECN | 1.55 | 0.07 | 0.00 | 0.28 | 1.51 | 3.79 | 9.91 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Belimo Holding 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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Belimo Holding Corporate Management
Elected by the shareholders, the Belimo Holding's board of directors comprises two types of representatives: Belimo Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Belimo. The board's role is to monitor Belimo Holding's management team and ensure that shareholders' interests are well served. Belimo Holding'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, Belimo Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lars MBA | CEO Committee | Profile | |
| James Furlong | Head Committee | Profile | |
| Elena Cortona | Head Officer | Profile | |
| Gary Economides | Head Committee | Profile | |
| Louis Scheidegger | Head Committee | Profile | |
| Adrian Staufer | Head Committee | Profile | |
| Markus Schrch | CFO Committee | Profile |