Multiconsult Correlations
| MULTI Stock | NOK 193.00 2.50 1.31% |
The current 90-days correlation between Multiconsult AS and Kitron ASA is 0.02 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Multiconsult moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Multiconsult AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Multiconsult Correlation With Market
Average diversification
The correlation between Multiconsult AS and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Multiconsult AS and DJI in the same portfolio, assuming nothing else is changed.
Multiconsult |
The ability to find closely correlated positions to Multiconsult could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Multiconsult 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 Multiconsult - 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 Multiconsult AS to buy it.
Moving together with Multiconsult Stock
| 0.73 | AFG | AF Gruppen ASA | PairCorr |
| 0.67 | VEI | Veidekke ASA | PairCorr |
| 0.71 | STB | Storebrand ASA | PairCorr |
| 0.89 | MING | Sparebank 1 SMN | PairCorr |
| 0.72 | KOG | Kongsberg Gruppen ASA | PairCorr |
| 0.89 | NONG | Sparebank 1 Nord | PairCorr |
| 0.66 | JAREN | Jaeren Sparebank | PairCorr |
| 0.8 | MORG | Sparebanken Mre | PairCorr |
| 0.66 | HSPG | Holand og Setskog | PairCorr |
| 0.65 | SBX | SeaBird Exploration Plc | PairCorr |
| 0.65 | SRBNK | Sparebank 1 SR | PairCorr |
| 0.83 | BIEN | Bien Sparebank ASA | PairCorr |
| 0.83 | SDSD | SD Standard Drilling | PairCorr |
| 0.72 | KIT | Kitron ASA | PairCorr |
| 0.83 | SVEG | Sparebanken Vest | PairCorr |
| 0.73 | ANDF | Andfjord Salmon AS | PairCorr |
| 0.8 | SPOG | Sparebanken Ost | PairCorr |
| 0.79 | AKSO | Aker Solutions ASA | PairCorr |
| 0.94 | SB1NO | SpareBank 1 Sr | PairCorr |
| 0.75 | NOL | Northern Ocean | PairCorr |
| 0.73 | AKVA | Akva Group | PairCorr |
| 0.83 | PEXIP | Pexip Holding ASA | PairCorr |
Moving against Multiconsult Stock
| 0.84 | ENTRA | Entra ASA | PairCorr |
| 0.76 | GOD | Goodtech | PairCorr |
| 0.54 | YAR | Yara International ASA | PairCorr |
| 0.39 | OLT | Olav Thon Eien | PairCorr |
| 0.52 | BSP | Black Sea Property | PairCorr |
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between Multiconsult Stock performing well and Multiconsult 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 Multiconsult'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KIT | 1.16 | 0.24 | 0.14 | 0.78 | 1.32 | 3.25 | 8.18 | |||
| VEI | 0.76 | 0.20 | 0.23 | 0.46 | 0.46 | 2.02 | 6.33 | |||
| EPR | 1.00 | 0.13 | 0.08 | (1.11) | 1.07 | 2.45 | 6.33 | |||
| AFG | 0.81 | 0.25 | 0.25 | 0.71 | 0.53 | 2.68 | 5.56 | |||
| KID | 1.51 | (0.20) | 0.00 | (5.10) | 0.00 | 2.96 | 11.01 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Multiconsult 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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Multiconsult Corporate Management
Elected by the shareholders, the Multiconsult's board of directors comprises two types of representatives: Multiconsult inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Multiconsult. The board's role is to monitor Multiconsult's management team and ensure that shareholders' interests are well served. Multiconsult'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, Multiconsult's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kristin Augestad | Ex Oslo | Profile | |
| Geir Juterud | Ex Director | Profile | |
| Kari Nicolaisen | Ex Communications | Profile | |
| Ove Haupberg | Chief Officer | Profile | |
| Morten Alstad | Ex Projects | Profile | |
| Leif Bogen | Ex Norway | Profile | |
| Kirsten Srensen | Ex Architecture | Profile |