Capgemini Correlations
| CGEMY Stock | USD 33.44 0.39 1.15% |
The current 90-days correlation between Capgemini SE ADR and Atos SE is 0.04 (i.e., Significant diversification). The correlation of Capgemini 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Capgemini Correlation With Market
Average diversification
The correlation between Capgemini SE ADR and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Capgemini SE ADR and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Capgemini could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capgemini 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 Capgemini - 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 Capgemini SE ADR to buy it.
Moving together with Capgemini Pink Sheet
| 0.71 | IBM | International Business | PairCorr |
| 0.82 | ACN | Accenture plc Sell-off Trend | PairCorr |
| 0.72 | CTSH | Cognizant Technology | PairCorr |
| 0.62 | WIT | Wipro Limited ADR | PairCorr |
| 0.65 | MUFG | Mitsubishi UFJ Financial | PairCorr |
| 0.66 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.75 | MFG | Mizuho Financial | PairCorr |
| 0.63 | MZHOF | Mizuho Financial | PairCorr |
| 0.84 | JPM | JPMorgan Chase | PairCorr |
| 0.64 | T | ATT Inc Aggressive Push | PairCorr |
| 0.81 | GE | GE Aerospace | PairCorr |
| 0.82 | MMM | 3M Company | PairCorr |
| 0.62 | AXP | American Express | PairCorr |
| 0.82 | WMT | Walmart | PairCorr |
Moving against Capgemini Pink Sheet
| 0.44 | INFY | Infosys Ltd ADR Sell-off Trend | PairCorr |
| 0.35 | FIS | Fidelity National Sell-off Trend | PairCorr |
| 0.33 | KB | KB Financial Group | PairCorr |
| 0.5 | AA | Alcoa Corp | PairCorr |
| 0.36 | MSFT | Microsoft | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Capgemini Pink Sheet performing well and Capgemini 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 Capgemini'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SLNHP | 3.48 | (0.87) | 0.00 | 12.71 | 0.00 | 5.89 | 32.44 | |||
| CRCW | 5.14 | 0.02 | 0.00 | 0.01 | 6.95 | 16.67 | 34.29 | |||
| ASGN | 1.44 | (0.30) | 0.00 | (0.23) | 0.00 | 2.43 | 11.47 | |||
| SLNH | 5.37 | (1.31) | 0.00 | (15.96) | 0.00 | 14.01 | 39.08 | |||
| DCSX | 5.37 | 0.80 | 0.05 | (0.32) | 8.11 | 12.25 | 99.65 | |||
| DTMXF | 190.29 | 96.40 | 2.45 | (4.90) | 29.66 | 63.64 | 3,633 | |||
| APXYY | 4.17 | 0.39 | 0.04 | (0.38) | 4.88 | 16.46 | 43.68 | |||
| APPEF | 1.62 | 0.13 | 0.00 | (0.94) | 0.00 | 6.94 | 22.97 | |||
| QUISF | 2.81 | 0.84 | 0.18 | (0.91) | 1.87 | 8.00 | 48.72 | |||
| DVRNF | 0.37 | 0.18 | 0.00 | 0.41 | 0.00 | 0.00 | 12.50 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Capgemini 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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Capgemini Corporate Management
| Cyril Garcia | Member of the Executive Committee, Head of Capgemini Consulting | Profile | |
| Fernando Alvarez | Head of Partnerships and Strategic Initiatives | Profile | |
| Franck Greverie | Head of Cloud & Cybersecurity | Profile | |
| Olivier Sevillia | Head of Application Services Two, Member of the Group Management Board and Executive Committee | Profile | |
| Anirban Bose | Head of Bank and Financial Services | Profile |