RATIONAL Aktiengesellscha Correlations

Stocks . Germany . 
Stock . RATIONAL Aktiengesellschaft
RAA Stock  EUR 832.00  9.50  1.13%   
The current 90-days correlation between RATIONAL Aktiengesellscha and WW Grainger is 0.02 (i.e., Significant diversification). The correlation of RATIONAL Aktiengesellscha 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.

RATIONAL Aktiengesellscha Correlation With Market

Significant diversification

The correlation between RATIONAL Aktiengesellschaft and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding RATIONAL Aktiengesellschaft and DJI in the same portfolio, assuming nothing else is changed.
  
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Moving together with RATIONAL Stock

  0.65WC30 WATSCO INC BPairCorr
  0.91RAA1 RATIONAL UNADR 1PairCorr
  0.6714T Toromont IndustriesPairCorr
  0.78PQ9 BANK MANDIRIPairCorr
  0.71PQ9 PT Bank MandiriPairCorr
  0.69PQ9 BANK MANDIRIPairCorr
  0.78PQ9 BANK MANDIRIPairCorr
  0.66BYRA BANK RAKYAT INDPairCorr

Moving against RATIONAL Stock

  0.44WC3 Watsco IncPairCorr
  0.41WP7 WESCO InternationalPairCorr
  0.4GWW WW GraingerPairCorr
  0.38FAS FastenalPairCorr
  0.64VAI Vail ResortsPairCorr
  0.61RC2 RCM TECHNOLOGIESPairCorr
  0.6APC Apple IncPairCorr
  0.6SYY SyscoPairCorr
  0.592CDA Controladora Vuela CompaaPairCorr
  0.57WD5A TRAVEL LEISURE DLPairCorr
  0.57M4I MastercardPairCorr
  0.57QAN Qantas AirwaysPairCorr
  0.54CQD Charter CommunicationsPairCorr
  0.53EQN2 EquinixPairCorr
  0.52RZH SCOTT TECHNOLOGYPairCorr
  0.48PNP PNC FinancialPairCorr
  0.444GE Grupo Mxico SABPairCorr
  0.4HXL HexcelPairCorr
  0.35FFH Fifth Third BancorpPairCorr
  0.712T9A TRAINLINE PLC LSPairCorr
  0.68M5V EHEALTHPairCorr
  0.61APC Apple IncPairCorr
  0.61AZ5 AutoZonePairCorr

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   
FAS
+ 0.97
GWW
WP7
+ 0.97
FAS
WP7
+ 0.96
GWW
WP7
+ 0.91
WC3
WC3
+ 0.88
GWW
WC3
+ 0.87
FAS
  
High negative correlations   
I1M
- 0.84
FAS
I1M
- 0.83
GWW
14T
- 0.82
WP7
I1M
- 0.8
WP7
14T
- 0.8
GWW
14T
- 0.77
WC3

Risk-Adjusted Indicators

There is a big difference between RATIONAL Stock performing well and RATIONAL Aktiengesellscha 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 RATIONAL Aktiengesellscha'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 RATIONAL Aktiengesellscha 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.

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RATIONAL Aktiengesellscha Corporate Management

Elected by the shareholders, the RATIONAL Aktiengesellscha's board of directors comprises two types of representatives: RATIONAL Aktiengesellscha inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RATIONAL. The board's role is to monitor RATIONAL Aktiengesellscha's management team and ensure that shareholders' interests are well served. RATIONAL Aktiengesellscha'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, RATIONAL Aktiengesellscha's outside directors are responsible for providing unbiased perspectives on the board's policies.
Peter WiedemannCOO BoardProfile
Rune AreChief AmericaProfile
Markus PaschmannChief BoardProfile
Stefan ArnoldHead RelationsProfile
Peter StadelmannChairman CEOProfile
Jorg WalterCFO BoardProfile
Simon LohseEx AmericaProfile
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