Sociedad Matriz Correlations
| SMSAAM Stock | CLP 103.85 0.17 0.16% |
The current 90-days correlation between Sociedad Matriz SAAM and AFP Capital SA is 0.16 (i.e., Average diversification). The correlation of Sociedad Matriz 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.
Sociedad Matriz Correlation With Market
Significant diversification
The correlation between Sociedad Matriz SAAM 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 Sociedad Matriz SAAM and DJI in the same portfolio, assuming nothing else is changed.
Sociedad |
The ability to find closely correlated positions to Sociedad Matriz could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sociedad Matriz 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 Sociedad Matriz - 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 Sociedad Matriz SAAM to buy it.
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
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Risk-Adjusted Indicators
There is a big difference between Sociedad Stock performing well and Sociedad Matriz 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 Sociedad Matriz'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VAPORES | 1.44 | (0.17) | 0.00 | (0.47) | 0.00 | 2.77 | 9.60 | |||
| CMPC | 1.08 | (0.01) | 0.00 | 0.24 | 0.00 | 2.02 | 5.92 | |||
| COPEC | 1.10 | 0.01 | (0.10) | 0.00 | 1.21 | 2.58 | 5.96 | |||
| SALFACORP | 0.94 | 0.01 | (0.12) | 0.07 | 1.05 | 2.67 | 5.03 | |||
| MULTIX | 0.56 | (0.07) | 0.00 | (1.78) | 0.00 | 1.55 | 5.69 | |||
| LASCONDES | 1.30 | (0.26) | 0.00 | (0.30) | 0.00 | 3.34 | 10.19 | |||
| AFPCAPITAL | 0.50 | 0.29 | 0.00 | (0.97) | 0.00 | 1.80 | 6.70 | |||
| ENJOY | 3.01 | (0.71) | 0.00 | (0.88) | 0.00 | 7.69 | 29.81 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sociedad Matriz 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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Sociedad Matriz Corporate Management
Elected by the shareholders, the Sociedad Matriz's board of directors comprises two types of representatives: Sociedad Matriz inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sociedad. The board's role is to monitor Sociedad Matriz's management team and ensure that shareholders' interests are well served. Sociedad Matriz'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, Sociedad Matriz's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Paula Raventos | Head Officer | Profile | |
| Felipe Rodriguez | Managing Division | Profile | |
| Fernando Ciesla | Managing Division | Profile | |
| Gaston Rodriguez | Chief Officer | Profile | |
| Juan Martnez | Chief Officer | Profile | |
| Karen Berdichewsky | Chief Sec | Profile | |
| Javier Mara | Chief Officer | Profile |