Copenhagen Airports Correlations
KBHL Stock | DKK 3,670 30.00 0.81% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Copenhagen Airports moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Copenhagen Airports AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Copenhagen Airports Correlation With Market
Good diversification
The correlation between Copenhagen Airports AS and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Copenhagen Airports AS and DJI in the same portfolio, assuming nothing else is changed.
Copenhagen |
The ability to find closely correlated positions to Copenhagen Airports could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Copenhagen Airports 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 Copenhagen Airports - 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 Copenhagen Airports AS to buy it.
Moving together with Copenhagen Stock
Moving against Copenhagen Stock
0.47 | RILBA | Ringkjoebing Landbobank | PairCorr |
0.42 | SYDB | Sydbank AS | PairCorr |
0.33 | SPNO | Spar Nord Bank | PairCorr |
Related Correlations Analysis
Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Copenhagen Airports 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 Price Ceiling Movement Now
Price Ceiling MovementCalculate and plot Price Ceiling Movement for different equity instruments |
All Next | Launch Module |
Copenhagen Airports Corporate Management
Elected by the shareholders, the Copenhagen Airports' board of directors comprises two types of representatives: Copenhagen Airports inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Copenhagen. The board's role is to monitor Copenhagen Airports' management team and ensure that shareholders' interests are well served. Copenhagen Airports' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Copenhagen Airports' outside directors are responsible for providing unbiased perspectives on the board's policies.
Christian Kledal | G Counsel | Profile | |
Jan Christensen | Head VP | Profile | |
Erik Nielsen | Head Affairs | Profile | |
Johnnie Muller | VP Response | Profile | |
Thomas Woldbye | Chief Officer | Profile | |
Peter Krogsgaard | Chief Commercial Officer | Profile |