Sartorius Aktiengesellscha Correlations
| SARTF Stock | USD 182.98 9.77 5.07% |
The current 90-days correlation between Sartorius Aktiengesellscha and Top Glove is -0.15 (i.e., Good diversification). The correlation of Sartorius 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.
Sartorius Aktiengesellscha Correlation With Market
Good diversification
The correlation between Sartorius Aktiengesellschaft and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sartorius Aktiengesellschaft and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Sartorius Aktiengesellscha could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sartorius Aktiengesellscha 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 Sartorius Aktiengesellscha - 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 Sartorius Aktiengesellschaft to buy it.
Moving together with Sartorius Pink Sheet
| 0.62 | BDX | Becton Dickinson | PairCorr |
| 0.8 | ALC | Alcon AG | PairCorr |
| 0.67 | TCHH | Trustcash Holdings | PairCorr |
| 0.68 | SHG | Shinhan Financial | PairCorr |
| 0.73 | EC | Ecopetrol SA ADR | PairCorr |
| 0.76 | HYMTF | Hyundai Motor Downward Rally | PairCorr |
| 0.7 | TLK | Telkom Indonesia Tbk | PairCorr |
Moving against Sartorius Pink Sheet
| 0.78 | ISRG | Intuitive Surgical Fiscal Year End 28th of January 2025 | PairCorr |
| 0.61 | ESLOY | Essilor International | PairCorr |
| 0.59 | VFS | VinFast Auto | PairCorr |
| 0.53 | ESLOF | EssilorLuxottica Socit | PairCorr |
| 0.35 | VFSWW | VinFast Auto | PairCorr |
| 0.76 | RBCAA | Republic Bancorp | PairCorr |
| 0.74 | FBMS | First Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.71 | CBSH | Commerce Bancshares Fiscal Year End 16th of January 2025 | PairCorr |
| 0.7 | CSSV | Caspian Services | PairCorr |
| 0.69 | CNOBP | ConnectOne Bancorp | PairCorr |
| 0.68 | VULNF | Vulcan Energy Resources | PairCorr |
| 0.67 | RCMT | RCM Technologies | PairCorr |
| 0.66 | BMY | Bristol Myers Squibb | PairCorr |
| 0.6 | NTRA | Natera Inc | PairCorr |
| 0.55 | GOOGL | Alphabet Class A | PairCorr |
| 0.53 | M | Macys Inc | PairCorr |
| 0.52 | 784730AB9 | US784730AB94 | PairCorr |
| 0.44 | THCP | Thunder Bridge Capital | PairCorr |
| 0.43 | GLABF | Gemina Laboratories Earnings Call Today | PairCorr |
| 0.78 | DASH | DoorDash, Class A | PairCorr |
| 0.73 | SMLR | Semler Scientific Upward Rally | PairCorr |
| 0.7 | LIEN | Chicago Atlantic BDC, Symbol Change | PairCorr |
| 0.68 | NBIX | Neurocrine Biosciences | PairCorr |
Related Correlations Analysis
| 0.14 | 0.53 | -0.56 | -0.58 | ESLOF | ||
| 0.14 | 0.09 | -0.41 | -0.24 | POCI | ||
| 0.53 | 0.09 | -0.68 | -0.77 | TPGVF | ||
| -0.56 | -0.41 | -0.68 | 0.9 | CZMWF | ||
| -0.58 | -0.24 | -0.77 | 0.9 | CZMWY | ||
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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 Sartorius Pink Sheet performing well and Sartorius 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 Sartorius 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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ESLOF | 1.41 | 0.11 | 0.04 | (5.92) | 1.69 | 2.56 | 8.50 | |||
| POCI | 3.11 | (0.14) | 0.00 | (0.09) | 0.00 | 7.25 | 17.26 | |||
| TPGVF | 3.02 | 0.97 | 0.00 | 0.72 | 0.00 | 9.52 | 40.82 | |||
| CZMWF | 1.73 | (0.35) | 0.00 | 2.43 | 0.00 | 2.21 | 35.99 | |||
| CZMWY | 2.49 | (0.37) | 0.00 | 2.03 | 0.00 | 4.58 | 17.76 |
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Sartorius Aktiengesellscha Corporate Management
| Rene Faber | Member of the Executive Board, Head of the Bioprocess Solutions Division | Profile | |
| Rashid Maqbool | Head USA | Profile | |
| Manfred Werner | Sr Auditing | Profile | |
| John MacKay | Member of the Executive Board, Head of the Lab Products & Services Division | Profile | |
| Patricia Spannagel | Head Goettingen | Profile | |
| Mei Wang | Head China | Profile |