Airbus Group Correlations
| EADSF Stock | USD 213.69 0.69 0.32% |
The current 90-days correlation between Airbus Group SE and Safran SA is 0.04 (i.e., Significant diversification). The correlation of Airbus 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.
Airbus Group Correlation With Market
Average diversification
The correlation between Airbus Group SE and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Airbus Group SE and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Airbus 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 Airbus 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 Airbus 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 Airbus Group SE to buy it.
Moving together with Airbus Pink Sheet
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Moving against Airbus Pink Sheet
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Related Correlations Analysis
| 0.98 | 0.79 | 0.79 | 1.0 | 0.93 | SAFRY | ||
| 0.98 | 0.74 | 0.71 | 0.98 | 0.89 | EADSY | ||
| 0.79 | 0.74 | 0.76 | 0.79 | 0.77 | MOG-B | ||
| 0.79 | 0.71 | 0.76 | 0.78 | 0.75 | BAESF | ||
| 1.0 | 0.98 | 0.79 | 0.78 | 0.93 | SAFRF | ||
| 0.93 | 0.89 | 0.77 | 0.75 | 0.93 | SBGSF | ||
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Risk-Adjusted Indicators
There is a big difference between Airbus Pink Sheet performing well and Airbus 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 Airbus 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SAFRY | 1.03 | 0.45 | 0.29 | 0.93 | 0.79 | 2.44 | 7.75 | |||
| EADSY | 1.40 | 0.46 | 0.21 | 1.51 | 1.17 | 3.59 | 8.37 | |||
| MOG-B | 1.03 | 0.51 | 0.00 | (0.94) | 0.00 | 3.99 | 12.91 | |||
| BAESF | 1.58 | 0.29 | 0.06 | (1.47) | 1.99 | 3.02 | 9.96 | |||
| SAFRF | 1.33 | 0.46 | 0.25 | 1.00 | 1.16 | 3.23 | 8.87 | |||
| SBGSF | 1.67 | 0.26 | 0.11 | 0.44 | 1.63 | 4.24 | 9.51 |
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Airbus Group Corporate Management
| Thierry Baril | Chief Human Resources Officer of EADS and Airbus, Member of the Executive Committee | Profile | |
| Sabine Klauke | Chief Officer | Profile | |
| Alberto Gutierrez | Chief Officer | Profile | |
| Helene Gorgeu | Head Communication | Profile | |
| Julie Kitcher | Head of Investor Relations | Profile | |
| Catherine Jestin | Chief Management | Profile | |
| John Harrison | Group General Counsel Airbus Group, Member of the Executive Committee | Profile |