DSV Panalpina Correlations
| DSDVY Stock | USD 106.57 1.29 1.23% |
The current 90-days correlation between DSV Panalpina AS and Kuehne Nagel International is 0.26 (i.e., Modest diversification). The correlation of DSV Panalpina 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.
DSV Panalpina Correlation With Market
Good diversification
The correlation between DSV Panalpina AS and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding DSV Panalpina AS and DJI in the same portfolio, assuming nothing else is changed.
DSV |
The ability to find closely correlated positions to DSV Panalpina could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DSV Panalpina 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 DSV Panalpina - 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 DSV Panalpina AS to buy it.
Moving together with DSV Pink Sheet
| 0.61 | UPS | United Parcel Service | PairCorr |
| 0.97 | DSDVF | DSV Panalpina AS | PairCorr |
| 0.72 | CZR | Caesars Entertainment | PairCorr |
| 0.7 | NVDA | NVIDIA | PairCorr |
| 0.67 | BLK | BlackRock Fiscal Year End 10th of January 2025 | PairCorr |
| 0.7 | BILI | Bilibili | PairCorr |
| 0.67 | MET | MetLife Sell-off Trend | PairCorr |
| 0.63 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.66 | BIP-PB | Brookfield Infrastructure | PairCorr |
| 0.65 | MGM | MGM Resorts International | PairCorr |
Moving against DSV Pink Sheet
| 0.71 | KHNGY | Kuehne Nagel Interna | PairCorr |
| 0.69 | VFSWW | VinFast Auto | PairCorr |
| 0.68 | KHNGF | Kuehne Nagel Interna | PairCorr |
| 0.6 | EC | Ecopetrol SA ADR Sell-off Trend | PairCorr |
| 0.43 | FDX | FedEx | PairCorr |
| 0.37 | DPSTF | Deutsche Post AG | PairCorr |
| 0.35 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.31 | SHG | Shinhan Financial | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between DSV Pink Sheet performing well and DSV Panalpina 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 DSV Panalpina'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KHNGY | 0.93 | (0.39) | 0.00 | 17.46 | 0.00 | 1.29 | 7.02 | |||
| KHNGF | 0.86 | 0.00 | 0.00 | 0.00 | 0.00 | 0.82 | 5.59 | |||
| DPSTF | 1.29 | (0.14) | 0.00 | 0.38 | 0.00 | 2.79 | 12.17 | |||
| DPSGY | 1.05 | 0.14 | 0.03 | 0.76 | 1.14 | 2.20 | 5.58 | |||
| CHRW | 0.95 | (0.05) | (0.07) | 0.05 | 1.36 | 2.16 | 8.29 | |||
| JBHT | 1.26 | (0.01) | 0.00 | 0.12 | 1.35 | 3.15 | 6.94 | |||
| LSTR | 1.20 | (0.12) | (0.07) | 0.03 | 1.33 | 2.39 | 8.45 | |||
| HUBG | 1.39 | 0.00 | 0.05 | 0.13 | 1.29 | 3.32 | 11.93 | |||
| FWRD | 2.46 | 0.09 | 0.03 | 0.21 | 2.77 | 4.39 | 12.56 | |||
| EXPD | 0.88 | (0.05) | 0.00 | (0.06) | 0.00 | 1.89 | 4.65 |
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DSV Panalpina Corporate Executives
Elected by the shareholders, the DSV Panalpina's board of directors comprises two types of representatives: DSV Panalpina inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DSV. The board's role is to monitor DSV Panalpina's management team and ensure that shareholders' interests are well served. DSV Panalpina'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, DSV Panalpina's outside directors are responsible for providing unbiased perspectives on the board's policies.