Aeroports Correlations
| AEOXF Stock | USD 114.20 1.35 1.20% |
The current 90-days correlation between Aeroports de Paris and Aena SME SA is 0.19 (i.e., Average diversification). The correlation of Aeroports 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.
Aeroports Correlation With Market
Significant diversification
The correlation between Aeroports de Paris 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 Aeroports de Paris and DJI in the same portfolio, assuming nothing else is changed.
Aeroports |
The ability to find closely correlated positions to Aeroports could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aeroports 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 Aeroports - 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 Aeroports de Paris to buy it.
Moving together with Aeroports Pink Sheet
| 0.77 | ARRPY | Aeroports de Paris | PairCorr |
| 0.66 | GPAEF | Grupo Aeroportuario del | PairCorr |
| 0.88 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.79 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.69 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.9 | BKRKY | Bank Rakyat | PairCorr |
| 0.66 | PBCRY | Bank Central Asia | PairCorr |
| 0.62 | PTBRY | Bank Negara Indonesia | PairCorr |
| 0.72 | SHG | Shinhan Financial | PairCorr |
Moving against Aeroports Pink Sheet
| 0.84 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.83 | BLK | BlackRock Fiscal Year End 10th of January 2025 | PairCorr |
| 0.81 | AIPUF | Airports of Thailand | PairCorr |
| 0.77 | TATT | Tat Techno | PairCorr |
| 0.69 | T | ATT Inc Aggressive Push | PairCorr |
| 0.67 | FSTR | LB Foster | PairCorr |
| 0.62 | KB | KB Financial Group | PairCorr |
| 0.56 | MET | MetLife | PairCorr |
| 0.88 | KMI | Kinder Morgan Sell-off Trend | PairCorr |
| 0.86 | PANW | Palo Alto Networks | PairCorr |
| 0.84 | OZK | Bank Ozk Fiscal Year End 16th of January 2025 | PairCorr |
| 0.83 | FTNT | Fortinet Sell-off Trend | PairCorr |
| 0.83 | PLTR | Palantir Technologies Buyout Trend | PairCorr |
| 0.82 | OPFI | OppFi Inc Potential Growth | PairCorr |
| 0.79 | BR | Broadridge Financial | PairCorr |
| 0.78 | NVDA | NVIDIA Aggressive Push | PairCorr |
| 0.78 | HA | Hawaiian Holdings | PairCorr |
| 0.75 | WAVE | Eco Wave Power | PairCorr |
| 0.74 | DECK | Deckers Outdoor | PairCorr |
| 0.72 | GOOGL | Alphabet Class A Sell-off Trend | PairCorr |
| 0.64 | OMIC | Singular Genomics Systems | PairCorr |
| 0.63 | FTI | TechnipFMC PLC | PairCorr |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Aeroports Pink Sheet performing well and Aeroports 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 Aeroports' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ANYYY | 1.06 | 0.11 | 0.01 | 1.11 | 1.34 | 1.77 | 5.82 | |||
| ID | 3.87 | 0.90 | 0.17 | 1.45 | 4.00 | 7.89 | 20.54 | |||
| BAYAU | 0.15 | 0.03 | (0.13) | 0.97 | 0.00 | 0.10 | 4.63 | |||
| RRTLX | 0.23 | 0.02 | (0.23) | 0.73 | 0.23 | 0.48 | 1.36 | |||
| BAYAR | 6.27 | 0.62 | 0.04 | 0.49 | 7.74 | 20.00 | 84.91 | |||
| AMPL | 4.31 | 0.59 | 0.09 | 19.02 | 5.20 | 10.34 | 31.98 | |||
| IO | 5.37 | 1.36 | 0.22 | 1.08 | 5.13 | 13.49 | 30.64 | |||
| KIN | 5.04 | (0.09) | 0.00 | 0.23 | 0.00 | 10.00 | 30.95 | |||
| SEIC | 0.82 | 0.19 | 0.19 | 0.33 | 0.62 | 1.57 | 7.23 | |||
| EURK | 0.05 | 0.01 | (0.72) | (0.48) | 0.00 | 0.20 | 0.40 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aeroports 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 Portfolio Diagnostics Now
Portfolio DiagnosticsUse generated alerts and portfolio events aggregator to diagnose current holdings |
| All Next | Launch Module |
Aeroports Corporate Management
| Bertrand Sirven | Chief Officer | Profile | |
| Laurent Gasse | Chief Officer | Profile | |
| Loic Aubouin | G Officer | Profile | |
| Guillaume Sauv | Member Devel | Profile | |
| Audrey Arnoux | Head of Investor Relations | Profile |