Zurich Insurance Correlations
| ZFSVF Stock | USD 482.30 1.76 0.36% |
The correlation of Zurich Insurance 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 Zurich Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zurich Insurance Group 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.
Good diversification
The correlation between Zurich Insurance Group and NYA is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Zurich Insurance Group and NYA in the same portfolio, assuming nothing else is changed.
Zurich |
The ability to find closely correlated positions to Zurich Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zurich Insurance 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 Zurich Insurance - 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 Zurich Insurance Group to buy it.
Moving together with Zurich OTC Stock
| 0.91 | ZURVY | Zurich Insurance | PairCorr |
| 0.62 | AIG | American International | PairCorr |
| 0.71 | MUFG | Mitsubishi UFJ Financial Financial Report 20th of May 2024 | PairCorr |
| 0.71 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.7 | SMFG | Sumitomo Mitsui Financial Financial Report 20th of May 2024 | PairCorr |
| 0.68 | SMFNF | Sumitomo Mitsui Financial | PairCorr |
| 0.65 | MFG | Mizuho Financial Financial Report 20th of May 2024 | PairCorr |
Moving against Zurich OTC Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Zurich OTC Stock performing well and Zurich Insurance OTC Stock 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 Zurich Insurance'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 Zurich Insurance 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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Zurich Insurance Corporate Directors
Zurich Insurance corporate directors refer to members of a Zurich Insurance board of directors. The board of directors generally takes responsibility for the Zurich Insurance'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 Zurich Insurance's board members must vote for the resolution. The Zurich Insurance board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Susan Bies | Non-Executive Member of the Board of Directors | Profile | |
| Catherine Bessant | Non-Executive Independent Director | Profile | |
| Joan Amble | Non-Executive Member of the Board of Directors | Profile | |
| David Nish | Non-Executive Member of the Board of Directors | Profile |
Already Invested in Zurich Insurance Group?
The danger of trading Zurich Insurance Group is mainly related to its market volatility and OTC Stock 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 Zurich Insurance 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 Zurich Insurance. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Zurich Insurance 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zurich Insurance Group. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Zurich OTC Stock analysis
When running Zurich Insurance's price analysis, check to measure Zurich Insurance'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 Zurich Insurance is operating at the current time. Most of Zurich Insurance's value examination focuses on studying past and present price action to predict the probability of Zurich Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zurich Insurance's price. Additionally, you may evaluate how the addition of Zurich Insurance to your portfolios can decrease your overall portfolio volatility.
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