Unibios Holdings Correlations

BIOSK Stock

EUR 2.94 0.59 25.11%

The current 90-days correlation between Unibios Holdings and Flour Mills Kepenos is 0.04 (i.e., Significant diversification). The correlation of Unibios Holdings 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.

Unibios Holdings Correlation With Market

Significant diversification

The correlation between Unibios Holdings SA and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Unibios Holdings SA and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Unibios Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Unibios Holdings 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 Unibios Holdings - 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 Unibios Holdings SA to buy it.

Moving together with Unibios Stock

0.92	ETE	National Bank Earnings Call Next Week	Pair Corr
0.67	TELL	Bank of Greece	Pair Corr
0.93	EUROB	Eurobank Ergasias	Pair Corr
0.79	BELA	Jumbo SA	Pair Corr
0.92	MOH	Motor Oil Corinth	Pair Corr
0.72	VIO	Viohalco SA	Pair Corr
0.89	AAAK	Wool Industry Tria	Pair Corr
0.77	MYTIL	Mytilineos SA Earnings Call This Week	Pair Corr
0.88	LAMPS	Lampsa Hellenic Hotels	Pair Corr
0.78	KTILA	Ktima Kostas Lazaridis	Pair Corr
0.67	PPC	Public Power	Pair Corr
0.75	ELSTR	Elastron SA	Pair Corr
0.67	AVE	AVE SA	Pair Corr
0.88	REALCONS	Real Consulting IT	Pair Corr
0.75	KEPEN	Flour Mills Kepenos	Pair Corr
0.87	ASCO	As Commercial Industrial	Pair Corr
0.76	AIA	ATHENS INTERNATIONAL	Pair Corr
0.78	KRI	Kri Kri Milk	Pair Corr

Moving against Unibios Stock

0.46

HTO

Hellenic Telecommunicatio

Pair Corr

Related Correlations Analysis

	BIOSK	KRI	KEPEN	INLIF	ASCO	KTILA	AVE
BIOSK		0.78	0.75	0.39	0.87	0.78	0.67	BIOSK
KRI	0.78		0.58	0.47	0.78	0.81	0.6	KRI
KEPEN	0.75	0.58		0.25	0.62	0.65	0.67	KEPEN
INLIF	0.39	0.47	0.25		0.3	0.59	0.32	INLIF
ASCO	0.87	0.78	0.62	0.3		0.71	0.52	ASCO
KTILA	0.78	0.81	0.65	0.59	0.71		0.71	KTILA
AVE	0.67	0.6	0.67	0.32	0.52	0.71		AVE
	BIOSK	KRI	KEPEN	INLIF	ASCO	KTILA	AVE

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Risk-Adjusted Indicators

There is a big difference between Unibios Stock performing well and Unibios Holdings 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 Unibios Holdings' 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
BIOSK	2.43	1.09	0.49	2.67	0.97	(3.36)	5.39	(2.86)	19.44
KRI	1.27	0.38	0.13	(2.62)	1.06	(1.53)	3.87	(2.53)	7.26
KEPEN	1.01	0.05	(0.03)	2.00	1.53	(3.78)	3.66	(4.26)	15.39
INLIF	0.93	0.08	(0.06)	0.52	0.77	(1.26)	2.38	(1.23)	5.64
ASCO	1.00	0.16	0.00	1.88	1.08	(1.22)	2.44	(1.80)	6.31
KTILA	1.11	0.15	0.01	0.83	1.22	(2.65)	4.76	(3.67)	10.82
AVE	1.64	0.36	0.05	(0.99)	1.56	(3.33)	4.65	(2.27)	15.49

Be your own money manager

Our tools can tell you how much better you can do entering a position in Unibios Holdings 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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Unibios Holdings Corporate Management

Elected by the shareholders, the Unibios Holdings' board of directors comprises two types of representatives: Unibios Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Unibios. The board's role is to monitor Unibios Holdings' management team and ensure that shareholders' interests are well served. Unibios Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Unibios Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.

Orfeas Mavrikios	CEO ViceChairman	Profile
Antonios Svoronos	Chairman	Profile
Ilias Giannakopoulos	Ex Director	Profile
Anastasios Theodorakopoulos	Ex Director	Profile
Georgios Bekos	Group Director	Profile

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