| MNBA Stock | | | DKK 218.00 2.00 0.93% |
The current 90-days correlation between Moens Bank AS and FLSmidth Co is -0.11 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Moens Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Moens Bank AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Moens Bank Correlation With Market
Good diversification
The correlation between Moens Bank AS and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Moens Bank AS and DJI in the same portfolio, assuming nothing else is changed.
The ability to find closely correlated positions to Moens Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Moens Bank 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 Moens Bank - 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 Moens Bank AS to buy it.
Moving together with Moens Stock
Moving against Moens Stock
Related Correlations Analysis
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 | DSV | | DANSKE | | DANSKE | | FLS | | ISS | | DANSKE |
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Risk-Adjusted IndicatorsThere is a big difference between Moens Stock performing well and Moens Bank 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 Moens Bank'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.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Moens Bank 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.
| | Portfolio ComparatorCompare the composition, asset allocations and performance of any two portfolios in your account |
Moens Bank Corporate Management
Elected by the shareholders, the Moens Bank's board of directors comprises two types of representatives: Moens Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Moens. The board's role is to monitor Moens Bank's management team and ensure that shareholders' interests are well served. Moens Bank'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, Moens Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.