Geberit AG Correlations

GBRF Stock

EUR 54.00 0.00 0.00%

The current 90-days correlation between Geberit AG and Carrier Global is 0.26 (i.e., Modest diversification). The correlation of Geberit 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.

Geberit AG Correlation With Market

Good diversification

The correlation between Geberit AG and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Geberit AG and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Geberit 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 Geberit 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 Geberit 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 Geberit AG to buy it.

Moving against Geberit Stock

0.31	U9O0	OAKRIDGE INTERNATIONAL	Pair Corr
0.63	45P	PLAYMATES TOYS	Pair Corr
0.39	NE0	NEXA RESOURCES SA	Pair Corr
0.37	UBK	UMWELTBANK	Pair Corr
0.31	1N31	Newtek Business Services	Pair Corr
0.38	7RD	SWISS WATER DECAFFCOFFEE	Pair Corr
0.35	KRC	Kilroy Realty Corp	Pair Corr
0.35	TEV	Teva Pharmaceutical	Pair Corr
0.33	GRUA	Geely Automobile Holdings	Pair Corr

Related Correlations Analysis

	DKIA	4PN	GBRF	72T	LFPB	HSJA	FZG1	5IW
DKIA		0.49	0.47	-0.22	0.55	-0.39	-0.32	-0.02	DKIA
4PN	0.49		0.2	-0.32	0.58	-0.17	0.0	-0.35	4PN
GBRF	0.47	0.2		-0.01	0.19	-0.28	-0.04	0.26	GBRF
72T	-0.22	-0.32	-0.01		-0.64	0.43	0.55	0.15	72T
LFPB	0.55	0.58	0.19	-0.64		-0.56	-0.72	0.08	LFPB
HSJA	-0.39	-0.17	-0.28	0.43	-0.56		0.71	0.08	HSJA
FZG1	-0.32	0.0	-0.04	0.55	-0.72	0.71		-0.17	FZG1
5IW	-0.02	-0.35	0.26	0.15	0.08	0.08	-0.17		5IW
	DKIA	4PN	GBRF	72T	LFPB	HSJA	FZG1	5IW

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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

FZG1	+ 0.71	HSJA
LFPB	+ 0.58	4PN
LFPB	+ 0.55	DKIA
FZG1	+ 0.55	72T
4PN	+ 0.49	DKIA
GBRF	+ 0.47	DKIA

High negative correlations

FZG1	- 0.72	LFPB
LFPB	- 0.64	72T
HSJA	- 0.56	LFPB
HSJA	- 0.39	DKIA
5IW	- 0.35	4PN
72T	- 0.32	4PN

Risk-Adjusted Indicators

There is a big difference between Geberit Stock performing well and Geberit 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 Geberit 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
DKIA	1.37	0.02	0.00	0.10	1.43	(2.00)	3.48	(2.63)	10.78
4PN	1.38	(0.12)	0.00	(2.46)	0.00	0.00	2.54	(2.60)	11.52
GBRF	1.23	(0.08)	0.00	0.22	0.00	0.00	3.60	(1.82)	8.02
72T	4.06	0.66	0.13	(0.56)	4.23	(5.43)	10.95	(6.67)	29.33
LFPB	1.43	(0.38)	0.00	(1.81)	0.00	0.00	2.79	(3.47)	8.39
HSJA	1.70	0.13	0.03	5.38	2.31	(2.01)	3.65	(3.77)	13.26
FZG1	2.03	0.09	0.03	0.15	2.25	(2.43)	4.04	(3.77)	20.54
5IW	1.15	(0.04)	0.00	0.14	0.00	0.00	2.22	(2.43)	13.56

Be your own money manager

Our tools can tell you how much better you can do entering a position in Geberit AG 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.

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Geberit AG Corporate Management

Elected by the shareholders, the Geberit AG's board of directors comprises two types of representatives: Geberit AG inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Geberit. The board's role is to monitor Geberit AG's management team and ensure that shareholders' interests are well served. Geberit AG'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, Geberit AG's outside directors are responsible for providing unbiased perspectives on the board's policies.

Christian Buhl	Chairman CEO	Profile
Ronald Triest	Head Board	Profile
Martin Ziegler	Head Board	Profile
Tobias Knechtle	Head CFO	Profile
Clemens Rapp	Head Board	Profile
Andreas Lange	Head Quality	Profile
Roman Sidler	Head Relations	Profile

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