European Aeronautic Correlations

EADSF
 Stock
  

USD 118.60  1.53  1.31%   

The correlation of European Aeronautic is a statistical measure of how it moves in relation to other equities. 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 European Aeronautic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if European Aeronautic 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.
Continue to Investing Opportunities.
  
The ability to find closely correlated positions to European Aeronautic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace European Aeronautic 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 European Aeronautic - 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 European Aeronautic to buy it.

Moving together with European Aeronautic

+0.94RTXRaytheon TechnologiesPairCorr
+0.91LMTLockheed Martin CorpPairCorr
+0.82BABoeing CompanyPairCorr
+0.97EADSYEuropean Aeronautic ADRPairCorr
+0.67NOCNorthrop Grumman CorpPairCorr
+0.88BDRAFBombardierPairCorr
+0.91GDGeneral Dynamics CorpPairCorr
+0.92SAFRFSafran SA OrdPairCorr
+0.82MCAEMountain Crest AcquiPairCorr
+0.72SLFSun Life FinancialPairCorr
+0.62ROCLRoth Ch AcquisitionPairCorr
+0.84GLUCGlucose HealthPairCorr
+0.79SHOPShopify Buyout TrendPairCorr

Moving against European Aeronautic

-0.63RLLCFRolls-Royce Holdings Plc Sell-off TrendPairCorr
-0.52SIGLSignal AdvancePairCorr

Related Correlations

GD
BA
LMT
NOC
SNROF
GD
0.650.970.880.66
GD
BA
0.650.660.310.76
BA
LMT
0.970.660.880.68
LMT
NOC
0.880.310.880.43
NOC
SNROF
0.660.760.680.43
SNROF
GD
BA
LMT
NOC
SNROF
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether 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   
LMTGD
NOCGD
NOCLMT
SNROFBA
SNROFLMT
SNROFGD
  

European Aeronautic Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between European OTC Stock performing well and European Aeronautic company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze European Aeronautic's multiple risk-adjusted performance indicators. 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 European Aeronautic 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?

Run Theme Ratings Now

   

Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

European Aeronautic Corporate Directors

European Aeronautic corporate directors refer to members of an European Aeronautic board of directors. The board of directors generally takes responsibility for the European Aeronautic'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 European Aeronautic's board members must vote for the resolution. The European Aeronautic board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
JeanClaude Trichet - Non-Executive DirectorProfile
Rene Obermann - Non-Executive Independent DirectorProfile
Michel Pebereau - Independent DirectorProfile
John Parker - Independent DirectorProfile

Invested in European Aeronautic?

The danger of trading European Aeronautic 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 European Aeronautic 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 European Aeronautic. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile European Aeronautic 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.
Continue to Investing Opportunities. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for analysis

When running European Aeronautic price analysis, check to measure European Aeronautic'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 European Aeronautic is operating at the current time. Most of European Aeronautic's value examination focuses on studying past and present price action to predict the probability of European Aeronautic's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move European Aeronautic's price. Additionally, you may evaluate how the addition of European Aeronautic to your portfolios can decrease your overall portfolio volatility.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Please note, there is a significant difference between European Aeronautic's value and its price as these two are different measures arrived at by different means. Investors typically determine European Aeronautic value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, European Aeronautic'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.