Eurocommercial Properties Correlations
| ECMPA Stock | EUR 26.80 0.05 0.19% |
The current 90-days correlation between Eurocommercial Properties and Retail Estates is 0.39 (i.e., Weak diversification). The correlation of Eurocommercial Properties 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.
Eurocommercial Properties Correlation With Market
Significant diversification
The correlation between Eurocommercial Properties NV and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eurocommercial Properties NV and DJI in the same portfolio, assuming nothing else is changed.
Eurocommercial |
The ability to find closely correlated positions to Eurocommercial Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eurocommercial Properties 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 Eurocommercial Properties - 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 Eurocommercial Properties NV to buy it.
Moving together with Eurocommercial Stock
| 0.86 | WHA | Wereldhave NV | PairCorr |
| 0.67 | SHELL | Shell PLC | PairCorr |
| 0.79 | PRX | Prosus NV | PairCorr |
| 0.66 | INGA | ING Groep NV | PairCorr |
| 0.89 | HAL | HAL Trust | PairCorr |
| 0.76 | AVTX | Avantium Holding Split | PairCorr |
| 0.77 | VALUE | Value8 NV | PairCorr |
| 0.68 | THEON | Theon International Plc | PairCorr |
Moving against Eurocommercial Stock
| 0.7 | UNA | Unilever PLC | PairCorr |
| 0.55 | HEIO | Heineken Holding Earnings Call This Week | PairCorr |
| 0.34 | AD | Koninklijke Ahold | PairCorr |
Related Correlations Analysis
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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 Eurocommercial Stock performing well and Eurocommercial Properties 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 Eurocommercial Properties' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VASTB | 0.64 | 0.15 | 0.00 | 1.88 | 0.45 | 1.62 | 4.89 | |||
| RET | 0.73 | 0.16 | (0.01) | 59.13 | 0.65 | 1.78 | 4.23 | |||
| WHA | 0.69 | 0.23 | 0.11 | 2.66 | 0.35 | 1.89 | 3.95 | |||
| CARM | 0.93 | 0.07 | (0.06) | (0.24) | 1.75 | 2.01 | 10.26 | |||
| NSI | 0.89 | 0.15 | (0.01) | 3.70 | 1.11 | 2.15 | 7.07 | |||
| LI | 0.61 | 0.11 | (0.05) | 1.04 | 0.55 | 1.34 | 4.83 | |||
| BAMNB | 1.25 | 0.64 | 0.27 | (5.23) | 0.99 | 3.25 | 9.30 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Eurocommercial Properties 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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Eurocommercial Properties Corporate Management
Elected by the shareholders, the Eurocommercial Properties' board of directors comprises two types of representatives: Eurocommercial Properties inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eurocommercial. The board's role is to monitor Eurocommercial Properties' management team and ensure that shareholders' interests are well served. Eurocommercial Properties' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eurocommercial Properties' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Evert Garderen | CEO Board | Profile | |
| Valeria Nisio | Property Director | Profile | |
| Nicolas Bourimoff | Leasing France | Profile | |
| J Mills | Chief Board | Profile | |
| Valerie Jacob | Director Devel | Profile | |
| Pascal Goueff | Head Director | Profile | |
| Sergio Olgiati | Adm Director | Profile |