Aryzta AG Correlations
| ARZTY Stock | USD 0.83 0.03 3.75% |
The current 90-days correlation between Aryzta AG PK and Avi Ltd ADR is 0.02 (i.e., Significant diversification). The correlation of Aryzta AG 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.
Aryzta AG Correlation With Market
Significant diversification
The correlation between Aryzta AG PK and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aryzta AG PK and DJI in the same portfolio, assuming nothing else is changed.
Aryzta |
The ability to find closely correlated positions to Aryzta AG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aryzta AG 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 Aryzta AG - 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 Aryzta AG PK to buy it.
Moving together with Aryzta Pink Sheet
| 0.81 | NSRGF | Nestle SA | PairCorr |
| 0.81 | KHC | Kraft Heinz Sell-off Trend | PairCorr |
| 0.9 | GIS | General Mills | PairCorr |
| 0.83 | GRBMF | Grupo Bimbo SAB | PairCorr |
| 0.86 | BMBOY | Grupo Bimbo SAB | PairCorr |
| 0.81 | MKC-V | McCormick Company | PairCorr |
| 0.87 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.87 | PFE | Pfizer Inc Aggressive Push | PairCorr |
Moving against Aryzta Pink Sheet
| 0.93 | IONQ | IONQ Inc | PairCorr |
| 0.87 | NDAQ | Nasdaq Inc | PairCorr |
| 0.76 | VRT | Vertiv Holdings | PairCorr |
| 0.71 | NVDA | NVIDIA | PairCorr |
| 0.71 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.5 | K | Kellanova | PairCorr |
| 0.89 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.83 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.83 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.8 | WMT | Walmart Aggressive Push | PairCorr |
| 0.79 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.71 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.7 | T | ATT Inc Aggressive Push | PairCorr |
| 0.69 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.56 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.41 | HD | Home Depot Sell-off Trend | PairCorr |
| 0.36 | XOM | Exxon Mobil Corp Sell-off Trend | 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
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Risk-Adjusted Indicators
There is a big difference between Aryzta Pink Sheet performing well and Aryzta AG 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 Aryzta AG'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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ARRT | 10.14 | 2.91 | 0.18 | (1.63) | 6.65 | 5.94 | 203.17 | |||
| AVOZ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AVSFY | 1.85 | 0.51 | 0.00 | (2.46) | 0.00 | 1.50 | 54.86 | |||
| ACOPF | 2.72 | (0.04) | 0.00 | 0.62 | 0.00 | 8.57 | 32.28 | |||
| ACOPY | 1.31 | (0.11) | 0.00 | (0.02) | 0.00 | 2.22 | 35.61 | |||
| BDPT | 593.78 | 294.21 | 10.52 | 3.21 | 31.65 | 60.00 | 19,950 | |||
| PRRFY | 0.37 | 0.13 | 0.00 | (0.82) | 0.00 | 0.00 | 10.79 | |||
| TQLB | 15.59 | 4.99 | 0.09 | (0.40) | 14.33 | 60.71 | 215.91 | |||
| INBP | 1.52 | (0.18) | 0.00 | (0.42) | 0.00 | 3.13 | 34.54 | |||
| NSPDF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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Aryzta AG Corporate Management
| Paul Meade | Communications Officer | Profile | |
| Marcus Opitz | Chief Officer | Profile | |
| Martin Huber | Group Officer | Profile | |
| Urs Jordi | Interim Chairman | Profile | |
| Armin Bieri | Chief Officer | Profile | |
| Rhona Shakespeare | G Sec | Profile | |
| Brady Millerberg | Head Control | Profile |