Atresmedia Corporación Correlations

Stocks . Germany . 
Stock . Atresmedia Corporacin de
YT2A Stock  EUR 5.11  0.14  2.82%   
The current 90-days correlation between Atresmedia Corporación and Dolby Laboratories is 0.07 (i.e., Significant diversification). The correlation of Atresmedia Corporación 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.

Atresmedia Corporación Correlation With Market

Average diversification

The correlation between Atresmedia Corporacin de 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 Atresmedia Corporacin de and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Atresmedia Corporación could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atresmedia Corporación 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 Atresmedia Corporación - 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 Atresmedia Corporacin de to buy it.

Moving together with Atresmedia Stock

  0.69EVD CTS Eventim AGPairCorr
  0.82ZZA Cinemark HoldingsPairCorr
  0.68ASJA ASTRA INTERNATIONAL Earnings Call This WeekPairCorr
  0.61ASJA ASTRA INTERNATIONAL Earnings Call This WeekPairCorr
  0.74BYRA PT Bank Rakyat Earnings Call This WeekPairCorr
  0.62CY9D Microbot MedicalPairCorr

Moving against Atresmedia Stock

  0.6TOH Toho CoPairCorr
  0.51FTN Fuji Media Holdings Earnings Call This WeekPairCorr
  0.42SSUN Samsung Electronics Earnings Call This WeekPairCorr
  0.41A59 Applied OptoelectronicsPairCorr
  0.39SSUN Samsung Electronics Earnings Call This WeekPairCorr
  0.34SSU Samsung Electronics Earnings Call This WeekPairCorr
  0.32SSU Samsung Electronics Earnings Call This WeekPairCorr
  0.562C6 China Development BankPairCorr
  0.48YXS Sany Heavy EquipmentPairCorr
  0.43ORC OraclePairCorr
  0.35DBPD Xtrackers ShortDAXPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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   
EVD
+ 0.58
3LN
ZZA
+ 0.58
EVD
EVD
+ 0.45
FUO
ZZA
+ 0.37
FUO
ZZA
+ 0.29
3LN
FUO
+ 0.06
3LN
  
High negative correlations   
ZZA
- 0.56
TOH
TOH
- 0.47
FUO
TOH
- 0.46
EVD

Risk-Adjusted Indicators

There is a big difference between Atresmedia Stock performing well and Atresmedia Corporación 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 Atresmedia Corporación'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Atresmedia Corporación 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?

Run Earnings Calls Now

   

Earnings Calls

Check upcoming earnings announcements updated hourly across public exchanges
All  Next Launch Module

Atresmedia Corporación Corporate Management

Elected by the shareholders, the Atresmedia Corporación's board of directors comprises two types of representatives: Atresmedia Corporación inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Atresmedia. The board's role is to monitor Atresmedia Corporación's management team and ensure that shareholders' interests are well served. Atresmedia Corporación'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, Atresmedia Corporación's outside directors are responsible for providing unbiased perspectives on the board's policies.
Fernando PrezChief OfficerProfile
Emilio MaestroChief OfficerProfile
Ramn VillarHead RadioProfile
Francisco HernandoGeneral Manager of Atresmedia TelevisionProfile
David BaqueroDirector RelationsProfile
Manuel HerediaSecretary of the BoardProfile
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY