Kmc Properties Correlations
| KMCP Stock | NOK 0.04 0 3.11% |
The current 90-days correlation between Kmc Properties ASA and Selvaag Bolig ASA is 0.04 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kmc Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kmc Properties ASA moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Kmc Properties Correlation With Market
Modest diversification
The correlation between Kmc Properties ASA and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kmc Properties ASA and DJI in the same portfolio, assuming nothing else is changed.
Kmc |
The ability to find closely correlated positions to Kmc Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kmc Properties 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 Kmc Properties - 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 Kmc Properties ASA to buy it.
Moving together with Kmc Stock
Moving against Kmc Stock
| 0.78 | AUTO | AutoStore Holdings | PairCorr |
| 0.72 | VAR | Var Energi ASA | PairCorr |
| 0.71 | MOWI | Mowi ASA | PairCorr |
| 0.58 | ROMSB | Romsdal Sparebank | PairCorr |
| 0.57 | DNB | DnB ASA | PairCorr |
| 0.38 | NHY | Norsk Hydro ASA | 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 Kmc Stock performing well and Kmc Properties 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 Kmc Properties' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ENTRA | 1.22 | (0.09) | 0.00 | (0.23) | 0.00 | 3.37 | 10.24 | |||
| SBO | 1.16 | 0.01 | (0.07) | 0.03 | 1.42 | 2.88 | 7.82 | |||
| OLT | 0.55 | (0.07) | 0.00 | (1.00) | 0.00 | 0.91 | 4.47 | |||
| PARB | 0.77 | (0.04) | (0.09) | (0.03) | 1.02 | 1.85 | 5.46 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Kmc Properties 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 Economic Indicators Now
Economic IndicatorsTop statistical indicators that provide insights into how an economy is performing |
| All Next | Launch Module |
Kmc Properties Corporate Management
Elected by the shareholders, the Kmc Properties' board of directors comprises two types of representatives: Kmc Properties inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kmc. The board's role is to monitor Kmc Properties' management team and ensure that shareholders' interests are well served. Kmc Properties' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Kmc Properties' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kristoffer Holmen | Chief Officer | Profile | |
| Audun Aasen | Chief Officer | Profile | |
| Frode Kristiansen | Adviser | Profile | |
| Liv Malvik | Chief Officer | Profile | |
| Ove Henriksen | Chief Officer | Profile | |
| Kristoffer Formo | Head MA | Profile |