Cohn Steers Correlations

CNS
 Stock
  

USD 64.74  2.38  3.55%   

The correlation of Cohn Steers 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 Cohn Steers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cohn Steers 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 Trending Equities.
  
Refresh
The ability to find closely correlated positions to Cohn Steers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cohn Steers 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 Cohn Steers - 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 Cohn Steers to buy it.

Moving together with Cohn Steers

0.81BENFranklin Resources Fiscal Year End 7th of November 2022 PairCorr
0.67DHILDiamond Hill InvPairCorr
0.85BLKBlackrock Earnings Call  In Two WeeksPairCorr
0.7BCORBlucoraPairCorr
0.89BCSFBain Capital SpecialtyPairCorr
0.8BKBank of New York Earnings Call  In Two WeeksPairCorr
0.79BXBlackstone Earnings Call  In Three WeeksPairCorr
0.93CGCarlyle GroupPairCorr
0.9FSKFS KKR CapitalPairCorr
0.77HYWHywin HoldingsPairCorr
0.97JHGJanus Henderson GroupPairCorr
0.84BKCCBlackrock Cptl InvtPairCorr
0.83ICMBInvestcorp Credit Fiscal Year End 24th of August 2022 PairCorr

Moving against Cohn Steers

0.82DXRDaxor CorpPairCorr
0.65GEGGreat Elm GroupPairCorr

Related Correlations

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   
TRVDD
BAALNA
TMRK
CATDD
BADD
TRVBA
  
High negative correlations   
BAMRK
TBA
TALNA
MRKALNA
IBMALNA
DDMRK

Cohn Steers Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Cohn Steers stock performing well and Cohn Steers 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 Cohn Steers' multiple risk-adjusted performance indicators. 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
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
ALNA 9.18  1.57  0.13  0.70  7.72  0.08 (18.09)  9.09 (15.38)  82.05 
MRK 1.05  0.29  0.34  0.42  0.95  0.28 (1.23)  2.16 (1.65)  7.61 
KO 1.03  0.17  0.12  0.06  1.75  0.15 (0.97)  1.87 (2.01)  10.05 
IBM 1.21  0.27  0.19  0.16  1.41  0.18 (1.24)  2.47 (2.47)  11.05 
DD 1.59 (0.23)  0.00 (0.36)  0.00 (0.13)  0.00  3.00 (3.87)  9.53 
BA 2.59 (0.12)  0.00 (0.25)  0.00 (0.07)  0.00  5.64 (5.07)  16.31 
T 1.29  0.37  0.26  0.39  1.38  0.24 (1.47)  2.99 (2.47)  12.17 
CAT 1.71 (0.09)  0.00 (0.26)  0.00 (0.0437)  0.00  3.20 (4.35)  10.92 
TRV 1.12 (0.08)  0.00 (0.33)  0.00 (0.0024)  0.00  1.69 (2.17)  6.41 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cohn Steers without increasing your portfolio risk or giving up 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 Alpha Finder Now

   

Alpha Finder

Use alpha and beta coefficients to find investment opportunities after accounting for the risk
All  Next Launch Module

Cohn Steers Corporate Directors

Cohn Steers corporate directors refer to members of a Cohn Steers board of directors. The board of directors generally takes responsibility for the Cohn Steers' 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 Cohn Steers' board members must vote for the resolution. The Cohn Steers board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Peter Rhein - Independent DirectorProfile
Frank Connor - Independent DirectorProfile
Richard Simon - Independent DirectorProfile
Edmond Villani - Independent DirectorProfile

Investing Cohn Steers

You need to understand the risk of investing before taking a position in Cohn Steers. The danger of trading Cohn Steers 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 Cohn Steers 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 Cohn Steers. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cohn Steers 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 Trending Equities. Note that the Cohn Steers information on this page should be used as a complementary analysis to other Cohn Steers' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Cohn Steers Stock analysis

When running Cohn Steers price analysis, check to measure Cohn Steers' 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 Cohn Steers is operating at the current time. Most of Cohn Steers' value examination focuses on studying past and present price action to predict the probability of Cohn Steers' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cohn Steers' price. Additionally, you may evaluate how the addition of Cohn Steers to your portfolios can decrease your overall portfolio volatility.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Is Cohn Steers' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cohn Steers. If investors know Cohn Steers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cohn Steers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cohn Steers is measured differently than its book value, which is the value of Cohn Steers that is recorded on the company's balance sheet. Investors also form their own opinion of Cohn Steers' value that differs from its market value or its book value, called intrinsic value, which is Cohn Steers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cohn Steers' market value can be influenced by many factors that don't directly affect Cohn Steers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cohn Steers' value and its price as these two are different measures arrived at by different means. Investors typically determine Cohn Steers value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cohn Steers' 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.