Orkla ASA Correlations

ORK Stock  NOK 74.50  0.85  1.15%   
The correlation of Orkla ASA 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Orkla ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orkla ASA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orkla ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
  
The ability to find closely correlated positions to Orkla ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orkla ASA 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 Orkla ASA - 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 Orkla ASA to buy it.

Moving against Orkla Stock

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Our tools can tell you how much better you can do entering a position in Orkla ASA 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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Orkla ASA Corporate Directors

Orkla ASA corporate directors refer to members of an Orkla ASA board of directors. The board of directors generally takes responsibility for the Orkla ASA's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Orkla ASA's board members must vote for the resolution. The Orkla ASA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Lars DahlgrenDirectorProfile
Lisbeth PallesenDirectorProfile
Janne HalvorsenDirector, Employee RepresentativeProfile
Sverre JosvangerDirector, Employee RepresentativeProfile

Already Invested in Orkla ASA?

The danger of trading Orkla ASA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Orkla ASA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Orkla ASA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Orkla ASA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orkla ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Orkla ASA's price analysis, check to measure Orkla ASA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Orkla ASA is operating at the current time. Most of Orkla ASA's value examination focuses on studying past and present price action to predict the probability of Orkla ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orkla ASA's price. Additionally, you may evaluate how the addition of Orkla ASA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Orkla ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orkla ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orkla ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.