Kawasaki Kisen Correlations
| KLI1 Stock | EUR 13.05 0.24 1.87% |
The current 90-days correlation between Kawasaki Kisen Kaisha and COSCO SHIPPING Holdings is -0.14 (i.e., Good diversification). The correlation of Kawasaki Kisen 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.
Kawasaki Kisen Correlation With Market
Good diversification
The correlation between Kawasaki Kisen Kaisha and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kawasaki Kisen Kaisha and DJI in the same portfolio, assuming nothing else is changed.
Kawasaki |
The ability to find closely correlated positions to Kawasaki Kisen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kawasaki Kisen 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 Kawasaki Kisen - 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 Kawasaki Kisen Kaisha to buy it.
Moving together with Kawasaki Stock
Moving against Kawasaki Stock
| 0.6 | C6G | COSCO SHIPPING Holdings | PairCorr |
| 0.34 | CPM | China Merchants Port | PairCorr |
| 0.34 | D7P | Liaoning Port CoLtd | PairCorr |
| 0.5 | UIPN | Unipol Gruppo Finanziario | PairCorr |
| 0.34 | WX1 | Acadia Realty Trust | PairCorr |
| 0.33 | M4I | Mastercard | PairCorr |
| 0.32 | NOA3 | Nokia | PairCorr |
| 0.59 | VAR1 | Varta AG | PairCorr |
| 0.44 | C4S1 | CHINA STATE STRU | PairCorr |
| 0.43 | D2V | PARKEN Sport Enterta | PairCorr |
| 0.41 | XYTA | CHINA HUARONG ENERHD | 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
|
Risk-Adjusted Indicators
There is a big difference between Kawasaki Stock performing well and Kawasaki Kisen 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 Kawasaki Kisen'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| C6G | 3.30 | 1.28 | 0.34 | (0.51) | 2.33 | 6.02 | 72.65 | |||
| NYKA | 1.34 | (0.03) | 0.00 | 0.94 | 0.00 | 2.97 | 12.91 | |||
| HLAG | 2.19 | 0.03 | 0.01 | 0.06 | 3.36 | 5.04 | 20.19 | |||
| ORI1 | 1.67 | 0.11 | 0.04 | 0.66 | 2.26 | 4.21 | 13.53 | |||
| HIFH | 2.81 | 0.36 | 0.08 | (0.58) | 3.03 | 6.67 | 40.79 | |||
| CPM | 1.87 | 0.43 | 0.17 | (2.83) | 1.89 | 3.27 | 27.90 | |||
| 0QP | 2.25 | 0.63 | 0.16 | (0.68) | 2.18 | 5.36 | 29.09 | |||
| D7P | 1.64 | 0.25 | 0.09 | 1.33 | 1.88 | 3.45 | 15.60 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Kawasaki Kisen 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 Bond Analysis Now
Bond AnalysisEvaluate and analyze corporate bonds as a potential investment for your portfolios. |
| All Next | Launch Module |
Kawasaki Kisen Corporate Management
Elected by the shareholders, the Kawasaki Kisen's board of directors comprises two types of representatives: Kawasaki Kisen inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kawasaki. The board's role is to monitor Kawasaki Kisen's management team and ensure that shareholders' interests are well served. Kawasaki Kisen'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, Kawasaki Kisen's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kiyoshi Tokonami | Gen Group | Profile | |
| Atsuo Asano | VP Director | Profile | |
| Yuji Asano | Accounting Fin | Profile | |
| Daisuke Arai | Managing Officer | Profile | |
| Yukio Toriyama | CFO Officer | Profile | |
| Yasunari Sonobe | Sr Director | Profile | |
| Kazuhiko Harigai | Sr Director | Profile |