Varia Properties Correlations
| VARN Stock | CHF 19.55 0.25 1.30% |
The current 90-days correlation between Varia Properties and Warteck Invest is -0.15 (i.e., Good diversification). The correlation of Varia 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Varia Properties Correlation With Market
Significant diversification
The correlation between Varia Properties and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Varia Properties and DJI in the same portfolio, assuming nothing else is changed.
Varia |
The ability to find closely correlated positions to Varia 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 Varia 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 Varia 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 Varia Properties to buy it.
Moving against Varia Stock
| 0.59 | SWON | SoftwareONE Holding | PairCorr |
| 0.5 | MOBN | Mobimo Hldg | PairCorr |
| 0.48 | SPSN | Swiss Prime Site | PairCorr |
| 0.46 | SCHN | Schindler Holding | PairCorr |
| 0.44 | MOZN | mobilezone ag | PairCorr |
| 0.44 | ABBN | ABB | PairCorr |
| 0.35 | OERL | OC Oerlikon Corp | PairCorr |
| 0.34 | ALSN | Also Holding AG Earnings Call Tomorrow | PairCorr |
| 0.33 | PSPN | PSP Swiss Property | PairCorr |
| 0.31 | CMBN | Cembra Money Bank Earnings Call This Week | PairCorr |
| 0.79 | SUN | Sulzer AG Earnings Call This Week | PairCorr |
| 0.64 | FHZN | Flughafen Zurich | PairCorr |
| 0.58 | SLHN | Swiss Life Holding | PairCorr |
| 0.55 | BUCN | Bucher Industries | PairCorr |
| 0.53 | KLIN | Klingelnberg AG | PairCorr |
| 0.47 | HELN | Helvetia Holding | PairCorr |
| 0.45 | BEKN | Berner Kantonalbank | PairCorr |
| 0.34 | IFCN | Inficon Holding | PairCorr |
| 0.34 | SWTQ | Schweiter Technologies Earnings Call This Week | PairCorr |
| 0.32 | IMPN | Implenia AG | PairCorr |
| 0.31 | BRKN | Burkhalter Holding | PairCorr |
Related Correlations Analysis
| 0.88 | 0.72 | 0.42 | 0.64 | MOBN | ||
| 0.88 | 0.75 | 0.43 | 0.51 | ALLN | ||
| 0.72 | 0.75 | 0.47 | 0.62 | WARN | ||
| 0.42 | 0.43 | 0.47 | 0.46 | ZUGN | ||
| 0.64 | 0.51 | 0.62 | 0.46 | HIAG | ||
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Risk-Adjusted Indicators
There is a big difference between Varia Stock performing well and Varia 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 Varia 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MOBN | 0.60 | 0.10 | (0.08) | (0.33) | 0.60 | 1.40 | 3.48 | |||
| ALLN | 0.56 | 0.07 | (0.11) | (0.19) | 0.67 | 1.29 | 3.73 | |||
| WARN | 0.47 | 0.08 | (0.04) | 0.49 | 0.23 | 1.25 | 4.12 | |||
| ZUGN | 0.84 | 0.03 | (0.10) | (0.02) | 0.97 | 1.90 | 4.72 | |||
| HIAG | 0.88 | 0.28 | 0.09 | (0.67) | 0.80 | 2.04 | 6.59 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Varia 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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Fundamental AnalysisView fundamental data based on most recent published financial statements |
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Varia Properties Corporate Management
Elected by the shareholders, the Varia Properties' board of directors comprises two types of representatives: Varia Properties inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Varia. The board's role is to monitor Varia Properties' management team and ensure that shareholders' interests are well served. Varia 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, Varia Properties' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jennifer Eager | Controller US | Profile | |
| Patrick Richard | Founder CEO | Profile | |
| Jaume Martos | Ex Chairman | Profile | |
| Matthew Levy | Head US | Profile | |
| Sam Palmer | Exec US | Profile | |
| Pam Linden | Ex US | Profile | |
| Meryl Herat | Corp Management | Profile |