Eenergy Group Correlations
| EAAS Stock | 5.10 0.05 0.97% |
The current 90-days correlation between Eenergy Group PLC and MoneysupermarketCom Group PLC is 0.1 (i.e., Average diversification). The correlation of Eenergy Group 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.
Eenergy Group Correlation With Market
Modest diversification
The correlation between Eenergy Group PLC and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eenergy Group PLC and DJI in the same portfolio, assuming nothing else is changed.
Eenergy |
The ability to find closely correlated positions to Eenergy Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eenergy Group 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 Eenergy Group - 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 Eenergy Group PLC to buy it.
Moving together with Eenergy Stock
| 0.86 | BYIT | Bytes Technology | PairCorr |
| 0.65 | TYT | Toyota Motor Corp | PairCorr |
| 0.61 | 0R0A | Hecla Mining | PairCorr |
| 0.83 | DOCS | Dr Martens PLC | PairCorr |
| 0.68 | RWS | RWS Holdings PLC | PairCorr |
| 0.69 | 0J1R | HCA Healthcare Earnings Call This Week | PairCorr |
| 0.79 | OMU | Old Mutual | PairCorr |
| 0.76 | 0R1T | Expedia Group | PairCorr |
Moving against Eenergy Stock
| 0.55 | SNDA | Sunda Energy Plc | PairCorr |
| 0.53 | BLND | British Land | PairCorr |
| 0.66 | GRX | GreenX Metals | PairCorr |
| 0.55 | FAN | Volution Group plc | PairCorr |
Related Correlations Analysis
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
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Risk-Adjusted Indicators
There is a big difference between Eenergy Stock performing well and Eenergy Group 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 Eenergy Group'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MONY | 0.74 | (0.20) | 0.00 | (0.39) | 0.00 | 1.17 | 7.21 | |||
| ABF | 0.98 | 0.04 | 0.01 | 0.14 | 2.67 | 1.83 | 15.18 | |||
| GAW | 0.88 | (0.15) | 0.00 | (0.61) | 0.00 | 1.41 | 7.71 | |||
| 0ND2 | 1.24 | (0.30) | 0.00 | 1.10 | 0.00 | 2.42 | 11.08 | |||
| 0LCV | 1.75 | 0.33 | 0.13 | 0.90 | 1.73 | 4.76 | 10.80 | |||
| 0UMG | 1.21 | (0.21) | 0.00 | (0.37) | 0.00 | 1.74 | 10.26 | |||
| 0IFX | 1.47 | 0.48 | 0.26 | (4.35) | 1.10 | 3.11 | 18.66 | |||
| 0RQ6 | 1.15 | (0.18) | 0.00 | 0.65 | 0.00 | 1.71 | 11.37 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Eenergy Group 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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Eenergy Group Corporate Management
Elected by the shareholders, the Eenergy Group's board of directors comprises two types of representatives: Eenergy Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eenergy. The board's role is to monitor Eenergy Group's management team and ensure that shareholders' interests are well served. Eenergy Group'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, Eenergy Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Warren Davoile | Chief Officer | Profile | |
| Simon Smith | Managing EEaaS | Profile | |
| Abi Wall | Chief Officer | Profile | |
| Cass Swallow | Chief Officer | Profile | |
| Kristian Clark | Chief Renewables | Profile |