John Mattson Correlations
| JOMA Stock | 61.60 0.60 0.98% |
The current 90-days correlation between John Mattson Fastigh and HEBA Fastighets AB is 0.62 (i.e., Poor diversification). The correlation of John Mattson 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.
John Mattson Correlation With Market
Significant diversification
The correlation between John Mattson Fastighetsforetag and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding John Mattson Fastighetsforetag and DJI in the same portfolio, assuming nothing else is changed.
John |
The ability to find closely correlated positions to John Mattson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace John Mattson 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 John Mattson - 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 John Mattson Fastighetsforetagen to buy it.
Moving together with John Stock
| 0.75 | AGROUP | Arlandastad Group | PairCorr |
| 0.71 | ELUX-B | AB Electrolux | PairCorr |
| 0.7 | ATCO-A | Atlas Copco AB | PairCorr |
Moving against John Stock
Related Correlations Analysis
| 0.93 | 0.85 | 0.89 | 0.95 | HEBA-B | ||
| 0.93 | 0.95 | 0.97 | 0.92 | PLAZ-B | ||
| 0.85 | 0.95 | 0.94 | 0.84 | DIOS | ||
| 0.89 | 0.97 | 0.94 | 0.91 | ATRLJ-B | ||
| 0.95 | 0.92 | 0.84 | 0.91 | KFAST-B | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between John Stock performing well and John Mattson 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 John Mattson'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HEBA-B | 1.29 | (0.13) | 0.00 | (0.31) | 0.00 | 2.56 | 7.05 | |||
| PLAZ-B | 1.39 | (0.30) | 0.00 | (0.85) | 0.00 | 3.10 | 9.17 | |||
| DIOS | 1.17 | (0.21) | 0.00 | (0.52) | 0.00 | 2.64 | 7.38 | |||
| ATRLJ-B | 1.15 | (0.31) | 0.00 | (1.04) | 0.00 | 2.42 | 6.17 | |||
| KFAST-B | 1.68 | (0.29) | 0.00 | (0.87) | 0.00 | 3.22 | 10.28 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in John Mattson 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?
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John Mattson Corporate Management
Elected by the shareholders, the John Mattson's board of directors comprises two types of representatives: John Mattson inside directors who are chosen from within the company, and outside directors, selected externally and held independent of John. The board's role is to monitor John Mattson's management team and ensure that shareholders' interests are well served. John Mattson'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, John Mattson's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mattias Lundstrom | Chief Officer | Profile | |
| Martin Landerby | Head Technology | Profile | |
| Daniel Fornbrandt | Head Devel | Profile | |
| Fredrik Ward | Head Technology | Profile | |
| Per Nilsson | Chief Officer | Profile | |
| Christina Hansson | Head Management | Profile | |
| Maria Wiren | Head Residential | Profile |