Meier Tobler Correlations
| MTG Stock | CHF 29.00 0.20 0.68% |
The current 90-days correlation between Meier Tobler Group and Implenia AG is 0.25 (i.e., Modest diversification). The correlation of Meier Tobler 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.
Meier Tobler Correlation With Market
Good diversification
The correlation between Meier Tobler Group and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Meier Tobler Group and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Meier Tobler could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Meier Tobler 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 Meier Tobler - 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 Meier Tobler Group to buy it.
Moving together with Meier Stock
Moving against Meier Stock
Related Correlations Analysis
| 0.58 | 0.82 | 0.79 | 0.69 | IMPN | ||
| 0.58 | 0.85 | 0.52 | 0.91 | COTN | ||
| 0.82 | 0.85 | 0.72 | 0.88 | ZEHN | ||
| 0.79 | 0.52 | 0.72 | 0.75 | UBXN | ||
| 0.69 | 0.91 | 0.88 | 0.75 | VACN | ||
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Risk-Adjusted Indicators
There is a big difference between Meier Stock performing well and Meier Tobler 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 Meier Tobler'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IMPN | 1.20 | (0.01) | (0.06) | 0.03 | 1.49 | 2.49 | 8.30 | |||
| COTN | 1.61 | (0.29) | 0.00 | (0.53) | 0.00 | 3.28 | 10.23 | |||
| ZEHN | 1.76 | (0.24) | 0.00 | (0.77) | 0.00 | 3.02 | 10.15 | |||
| UBXN | 1.80 | (0.05) | 0.00 | (0.12) | 0.00 | 2.88 | 18.24 | |||
| VACN | 1.42 | (0.26) | 0.00 | (7.41) | 0.00 | 2.36 | 13.29 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Meier Tobler 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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Meier Tobler Corporate Management
Elected by the shareholders, the Meier Tobler's board of directors comprises two types of representatives: Meier Tobler inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Meier. The board's role is to monitor Meier Tobler's management team and ensure that shareholders' interests are well served. Meier Tobler'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, Meier Tobler's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Oscar Wahlstrand | Head Board | Profile | |
| Lukas Amrein | Head Board | Profile | |
| Roger Basler | CEO Board | Profile | |
| Matthias Ryser | Head Board | Profile | |
| Madhura Judex | Head Board | Profile | |
| Patrik Forster | Head Board | Profile | |
| Lukas Leuenberger | CFO Board | Profile |