PageGroup Plc Correlations
| 3MI Stock | EUR 4.34 0.22 4.82% |
The current 90-days correlation between PageGroup plc and Korn Ferry is 0.2 (i.e., Modest diversification). The correlation of PageGroup Plc 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.
PageGroup Plc Correlation With Market
Modest diversification
The correlation between PageGroup plc and DJI is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PageGroup plc and DJI in the same portfolio, assuming nothing else is changed.
PageGroup |
The ability to find closely correlated positions to PageGroup Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PageGroup Plc 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 PageGroup Plc - 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 PageGroup plc to buy it.
Moving together with PageGroup Stock
Moving against PageGroup Stock
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| 0.42 | RHJ | Robert Half International | PairCorr |
| 0.4 | XTP | Sino AG | PairCorr |
| 0.38 | HEI | Heidelberg Materials | PairCorr |
| 0.38 | SAP | SAP SE | PairCorr |
| 0.38 | 2PP | PayPal Holdings | PairCorr |
| 0.32 | KFY | Korn Ferry | PairCorr |
| 0.62 | CMAB | Mapfre SA | PairCorr |
| 0.57 | 7SU | Summit Materials | PairCorr |
| 0.55 | BN9 | The Bank | PairCorr |
| 0.52 | AKX | ANSYS Inc | PairCorr |
| 0.49 | TF7A | Tyson Foods | PairCorr |
| 0.47 | ACT | AlzChem Group AG | PairCorr |
| 0.47 | ML2 | Ming Le Sports | PairCorr |
| 0.45 | ACT | AlzChem Group AG | PairCorr |
| 0.45 | 8II | PLAYTIKA HOLDING | PairCorr |
| 0.4 | JBL | JABIL CIRCUIT | PairCorr |
| 0.39 | DTG | Daimler Truck Holding | PairCorr |
Related Correlations Analysis
| -0.45 | 0.8 | -0.65 | -0.42 | 0.05 | RHJ | ||
| -0.45 | -0.39 | 0.6 | 0.52 | 0.54 | ASF | ||
| 0.8 | -0.39 | -0.44 | -0.32 | -0.23 | KFY | ||
| -0.65 | 0.6 | -0.44 | 0.73 | 0.28 | HAY | ||
| -0.42 | 0.52 | -0.32 | 0.73 | 0.33 | 3MI | ||
| 0.05 | 0.54 | -0.23 | 0.28 | 0.33 | XXY | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between PageGroup Stock performing well and PageGroup Plc 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 PageGroup Plc'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RHJ | 1.29 | 0.28 | 0.23 | 0.28 | 0.91 | 2.61 | 11.54 | |||
| ASF | 1.93 | (0.04) | (0.02) | 0.04 | 2.55 | 4.38 | 13.90 | |||
| KFY | 1.69 | (0.06) | 0.00 | 0.06 | 2.11 | 3.47 | 12.60 | |||
| HAY | 2.49 | (0.18) | 0.00 | (0.05) | 0.00 | 5.43 | 15.70 | |||
| 3MI | 1.22 | (0.06) | (0.05) | 0.00 | 1.55 | 2.70 | 6.19 | |||
| XXY | 3.19 | 0.75 | 0.16 | (1.69) | 3.01 | 6.14 | 60.97 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in PageGroup Plc 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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PageGroup Plc Corporate Management
Elected by the shareholders, the PageGroup Plc's board of directors comprises two types of representatives: PageGroup Plc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PageGroup. The board's role is to monitor PageGroup Plc's management team and ensure that shareholders' interests are well served. PageGroup Plc'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, PageGroup Plc's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kelvin Stagg | Member CFO | Profile | |
| Steve Hallam | Managing Director | Profile | |
| FIoD MCIArb | Director Services | Profile | |
| Gary James | Chief Officer | Profile | |
| Patrick Hollard | Middle America | Profile | |
| Stephen Ingham | Member CEO | Profile | |
| Jeremy Tatham | Group Controller | Profile |