Retail Estates Correlations
| R6N Stock | EUR 63.10 1.30 2.10% |
The current 90-days correlation between Retail Estates NV and Methode Electronics is 0.19 (i.e., Average diversification). The correlation of Retail Estates 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.
Retail Estates Correlation With Market
Average diversification
The correlation between Retail Estates NV and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Retail Estates NV and DJI in the same portfolio, assuming nothing else is changed.
Retail |
The ability to find closely correlated positions to Retail Estates could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Retail Estates 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 Retail Estates - 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 Retail Estates NV to buy it.
Moving together with Retail Stock
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| 0.81 | KPR | Klpierre SA | PairCorr |
| 0.91 | C98 | Vicinity Centres | PairCorr |
| 0.86 | OS3 | Otello ASA | PairCorr |
| 0.73 | KGHA | KGHM Polska Miedz | PairCorr |
| 0.78 | A9U | Astral Foods Limited | PairCorr |
| 0.65 | 1NN | Neinor Homes SA | PairCorr |
| 0.8 | M0G | FIREWEED METALS P Earnings Call Today | PairCorr |
| 0.74 | CDM1 | COEUR MINING | PairCorr |
| 0.74 | ZVL | Zhaojin Mining Industry | PairCorr |
| 0.76 | TLK | Toll Brothers | PairCorr |
| 0.83 | AIRA | Airbus SE | PairCorr |
| 0.86 | PAH3 | Porsche Automobil Holding | PairCorr |
| 0.81 | 7A2 | AIA Group Limited | PairCorr |
| 0.64 | SII | Wheaton Precious Metals | PairCorr |
| 0.88 | E908 | Lyxor 1 | PairCorr |
| 0.88 | DBPE | Xtrackers LevDAX | PairCorr |
Moving against Retail Stock
Related Correlations Analysis
| 0.5 | 0.86 | 0.89 | 0.74 | 0.89 | 0.74 | ARW | ||
| 0.5 | 0.53 | 0.44 | 0.61 | 0.57 | 0.65 | NEN | ||
| 0.86 | 0.53 | 0.82 | 0.63 | 0.87 | 0.76 | ME5A | ||
| 0.89 | 0.44 | 0.82 | 0.65 | 0.84 | 0.65 | R6N | ||
| 0.74 | 0.61 | 0.63 | 0.65 | 0.82 | 0.78 | CNJ | ||
| 0.89 | 0.57 | 0.87 | 0.84 | 0.82 | 0.84 | UMCB | ||
| 0.74 | 0.65 | 0.76 | 0.65 | 0.78 | 0.84 | UE1 | ||
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Risk-Adjusted Indicators
There is a big difference between Retail Stock performing well and Retail Estates 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 Retail Estates' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ARW | 1.68 | 0.28 | 0.06 | (1.01) | 1.99 | 3.83 | 16.61 | |||
| NEN | 3.01 | (0.20) | 0.00 | (0.03) | 0.00 | 5.86 | 27.32 | |||
| ME5A | 2.57 | 0.58 | 0.16 | 0.76 | 2.86 | 6.20 | 19.85 | |||
| R6N | 1.01 | 0.19 | 0.05 | 1.32 | 1.53 | 2.10 | 7.87 | |||
| CNJ | 1.23 | (0.12) | 0.00 | (0.17) | 0.00 | 3.45 | 7.96 | |||
| UMCB | 1.85 | 0.10 | 0.01 | 0.35 | 2.67 | 4.36 | 13.00 | |||
| UE1 | 3.76 | 0.25 | 0.02 | (0.88) | 4.91 | 6.42 | 30.28 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Retail Estates 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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SectorsList of equity sectors categorizing publicly traded companies based on their primary business activities |
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Retail Estates Corporate Management
Elected by the shareholders, the Retail Estates' board of directors comprises two types of representatives: Retail Estates inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Retail. The board's role is to monitor Retail Estates' management team and ensure that shareholders' interests are well served. Retail Estates' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Retail Estates' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kara Smet | CFO Director | Profile | |
| Koenraad Nieuwenburg | Chief Officer | Profile | |
| Wilfried Laethem | Financial Controller | Profile | |
| Runa Eeckt | Chief Officer | Profile | |
| Katja Appelmans | Incasso Mang | Profile | |
| Paul Borghgraef | Chairman Officer | Profile | |
| Sara Hautier | Accounting Mang | Profile |