FBD Holdings Related Correlations

EG7 Stock

EUR 13.65 0.35 2.63%

Generate correlation matrix for FBD Holdings and other related equities to check the degree to which FBD Holdings PLC price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for FBD Holdings PLC. To filter out specific equities, please toggle its corresponding legend item. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FBD Holdings PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

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Please note, there is a significant difference between FBD Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if FBD Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FBD Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Correlations

	GL9	CRG	KRX	KRZ	SK3
GL9		0.78	0.64	0.32	0.84	GL9
CRG	0.78		0.46	-0.02	0.79	CRG
KRX	0.64	0.46		0.25	0.85	KRX
KRZ	0.32	-0.02	0.25		0.19	KRZ
SK3	0.84	0.79	0.85	0.19		SK3
	GL9	CRG	KRX	KRZ	SK3

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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

SK3	+ 0.85	KRX
SK3	+ 0.84	GL9
SK3	+ 0.79	CRG
CRG	+ 0.78	GL9
KRX	+ 0.64	GL9
KRX	+ 0.46	CRG

High negative correlations

KRZ

- 0.02

CRG

Risk-Adjusted Indicators

There is a big difference between FBD Stock performing well and FBD Holdings 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 FBD Holdings' 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
GL9	1.05	0.22	0.13	4.30	1.09	(1.16)	1.99	(2.20)	10.06
CRG	0.02	0.00	0.00	0.17	0.00	0.00	0.00	0.00	0.70
KRX	1.01	0.15	0.10	0.30	1.09	(1.06)	2.52	(1.64)	6.18
KRZ	0.94	0.08	0.01	(1.22)	1.41	(0.88)	1.82	(2.15)	6.55
SK3	1.03	0.25	0.17	2.13	0.88	(1.21)	2.46	(1.96)	8.67

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FBD Holdings Related Correlations

Specify up to 10 symbols:

Correlations

Correlation Matchups

Risk-Adjusted Indicators

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