Compagnie Financière Correlations

CFRHF Stock

USD 178.98 4.40 2.40%

The current 90-days correlation between Compagnie Financière and Christian Dior SE is 0.4 (i.e., Very weak diversification). The correlation of Compagnie Financière 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.

Compagnie Financière Correlation With Market

Good diversification

The correlation between Compagnie Financire Richemont and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Compagnie Financire Richemont and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Compagnie Financière could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compagnie Financière 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 Compagnie Financière - 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 Compagnie Financire Richemont to buy it.

Moving together with Compagnie Pink Sheet

0.68	LVMHF	LVMH Mot Hennessy	Pair Corr
0.97	HESAY	Hermes International	Pair Corr
0.97	HESAF	Hermes International SCA	Pair Corr
0.62	CHDRF	Christian Dior SE	Pair Corr
0.71	SWGAY	Swatch Group AG	Pair Corr
0.99	CFRUY	Compagnie Financiere	Pair Corr
0.66	PPRUF	Kering SA	Pair Corr
0.65	PPRUY	Kering SA	Pair Corr
0.67	META	Meta Platforms Aggressive Push	Pair Corr
0.87	WM	Waste Management	Pair Corr
0.73	HROWM	Harrow Health, 11875	Pair Corr
0.63	GLU	Gabelli Global Utility	Pair Corr

Moving against Compagnie Pink Sheet

0.47	MSFT	Microsoft	Pair Corr
0.39	NVDA	NVIDIA	Pair Corr
0.36	GOOG	Alphabet Class C	Pair Corr
0.33	AAPL	Apple Inc Aggressive Push	Pair Corr
0.33	GLE	Global Engine Group Tech Boost	Pair Corr

Related Correlations Analysis

	CHDRY	PPRUY	PRDSF	CFRUY	BURBY	SWGAY	PRDSY	HESAY	PPRUF	CHDRF
CHDRY		0.67	0.39	0.55	0.67	0.39	0.51	0.58	0.57	0.8	CHDRY
PPRUY	0.67		0.76	0.65	0.77	0.76	0.8	0.67	0.91	0.71	PPRUY
PRDSF	0.39	0.76		0.42	0.51	0.53	0.72	0.43	0.7	0.53	PRDSF
CFRUY	0.55	0.65	0.42		0.66	0.7	0.29	0.98	0.65	0.65	CFRUY
BURBY	0.67	0.77	0.51	0.66		0.47	0.65	0.69	0.73	0.75	BURBY
SWGAY	0.39	0.76	0.53	0.7	0.47		0.47	0.68	0.74	0.4	SWGAY
PRDSY	0.51	0.8	0.72	0.29	0.65	0.47		0.31	0.7	0.52	PRDSY
HESAY	0.58	0.67	0.43	0.98	0.69	0.68	0.31		0.66	0.63	HESAY
PPRUF	0.57	0.91	0.7	0.65	0.73	0.74	0.7	0.66		0.68	PPRUF
CHDRF	0.8	0.71	0.53	0.65	0.75	0.4	0.52	0.63	0.68		CHDRF
	CHDRY	PPRUY	PRDSF	CFRUY	BURBY	SWGAY	PRDSY	HESAY	PPRUF	CHDRF

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Risk-Adjusted Indicators

There is a big difference between Compagnie Pink Sheet performing well and Compagnie Financière 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 Compagnie Financière'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
CHDRY	2.52	0.05	0.02	0.13	3.07	(3.02)	5.92	(5.62)	17.08
PPRUY	2.03	(0.13)	0.00	(0.39)	0.00	0.00	4.26	(4.22)	14.68
PRDSF	2.31	0.05	0.01	0.02	3.04	(4.27)	7.38	(7.76)	18.50
CFRUY	1.52	0.32	0.16	0.51	1.80	(1.65)	2.31	(3.08)	21.84
BURBY	2.08	(0.14)	0.00	3.52	0.00	0.00	5.39	(3.97)	15.32
SWGAY	1.37	0.03	0.03	0.11	1.76	(1.45)	3.03	(3.00)	8.49
PRDSY	2.47	(0.20)	0.00	0.27	0.00	0.00	4.51	(5.51)	15.70
HESAY	1.15	0.19	0.12	0.28	1.44	(1.15)	2.64	(2.28)	9.83
PPRUF	2.49	(0.15)	0.00	0.46	0.00	0.00	4.49	(5.41)	17.72
CHDRF	0.79	0.00	0.01	(0.04)	1.32	(2.91)	3.64	(2.75)	11.64

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Our tools can tell you how much better you can do entering a position in Compagnie Financière 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.

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Compagnie Financière Corporate Management

Eloy Michotte	Corp Director	Profile
Berangere Ruchat	Chief Officer	Profile
Cdric Bossert	Group Counsel	Profile
Patricia Gandji	Chief Regions	Profile
Sophie Cagnard	Head of Investor Relations	Profile

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