Banco Del Correlations
| BBAJIOO Stock | MXN 43.12 1.13 2.55% |
The current 90-days correlation between Banco del Bajo and Regional SAB de is 0.29 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco Del moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco del Bajo moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Banco Del Correlation With Market
Good diversification
The correlation between Banco del Bajo and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Banco del Bajo and DJI in the same portfolio, assuming nothing else is changed.
Banco |
The ability to find closely correlated positions to Banco Del could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Del 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 Banco Del - 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 Banco del Bajo to buy it.
Moving against Banco Stock
Related Correlations Analysis
| 0.05 | 0.32 | 0.16 | -0.03 | RA | ||
| 0.05 | -0.18 | -0.23 | 0.5 | GENTERA | ||
| 0.32 | -0.18 | 0.23 | -0.13 | GFNORTEO | ||
| 0.16 | -0.23 | 0.23 | 0.2 | CUERVO | ||
| -0.03 | 0.5 | -0.13 | 0.2 | GFINBURO | ||
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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 Banco Stock performing well and Banco Del 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 Banco Del'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RA | 1.52 | (0.07) | 0.00 | 0.17 | 0.00 | 3.63 | 11.44 | |||
| GENTERA | 1.83 | 0.11 | 0.06 | 0.98 | 2.07 | 3.43 | 10.58 | |||
| GFNORTEO | 1.28 | (0.02) | 0.00 | (0.16) | 0.00 | 3.30 | 7.94 | |||
| CUERVO | 1.30 | (0.54) | 0.00 | 2.31 | 0.00 | 2.47 | 8.82 | |||
| GFINBURO | 1.22 | (0.10) | 0.00 | (0.55) | 0.00 | 2.00 | 7.84 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Banco Del 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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Banco Del Corporate Management
Elected by the shareholders, the Banco Del's board of directors comprises two types of representatives: Banco Del inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Banco. The board's role is to monitor Banco Del's management team and ensure that shareholders' interests are well served. Banco Del'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, Banco Del's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rolando Candiotti | Director | Profile | |
| Gabriel Fernandez | Independent Director | Profile | |
| Edgardo Gutierrez | Chief Officer | Profile | |
| Genaro Martinez | Director | Profile | |
| Alberto Melendez | Investor Relations Manager | Profile | |
| Dan Shechet | Independent Director | Profile |