Capri Holdings Correlations

CPRI Stock

USD 20.21 0.29 1.41%

The current 90-days correlation between Capri Holdings and Signet Jewelers is 0.08 (i.e., Significant diversification). The correlation of Capri Holdings 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.

Capri Holdings Correlation With Market

Good diversification

The correlation between Capri Holdings and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Capri Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capri Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in Capri Stock please use our How to Invest in Capri Holdings guide.

Moving together with Capri Stock

0.67	FORD	Forward Industries	Pair Corr
0.7	SKX	Skechers USA	Pair Corr
0.68	ONON	On Holding	Pair Corr
0.63	RCKY	Rocky Brands	Pair Corr
0.62	AOUT	American Outdoor Brands	Pair Corr
0.64	HD	Home Depot	Pair Corr

Moving against Capri Stock

0.34	HAS	Hasbro Inc	Pair Corr
0.55	YUM	Yum Brands	Pair Corr
0.53	MCD	McDonalds	Pair Corr
0.34	GPC	Genuine Parts	Pair Corr
0.34	LNW	Light Wonder	Pair Corr

Related Correlations Analysis

	MOV	SIG	LANV	REAL	TPR	BRLT	FOSL	MYTE	ELA
MOV		0.58	-0.29	0.64	-0.02	0.54	0.63	-0.05	0.79	MOV
SIG	0.58		0.06	0.71	-0.73	0.83	0.73	-0.75	0.74	SIG
LANV	-0.29	0.06		-0.06	-0.29	0.12	-0.18	-0.29	-0.13	LANV
REAL	0.64	0.71	-0.06		-0.43	0.89	0.82	-0.42	0.87	REAL
TPR	-0.02	-0.73	-0.29	-0.43		-0.65	-0.42	0.94	-0.35	TPR
BRLT	0.54	0.83	0.12	0.89	-0.65		0.8	-0.63	0.83	BRLT
FOSL	0.63	0.73	-0.18	0.82	-0.42	0.8		-0.4	0.87	FOSL
MYTE	-0.05	-0.75	-0.29	-0.42	0.94	-0.63	-0.4		-0.32	MYTE
ELA	0.79	0.74	-0.13	0.87	-0.35	0.83	0.87	-0.32		ELA
	MOV	SIG	LANV	REAL	TPR	BRLT	FOSL	MYTE	ELA

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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

MYTE	+ 0.94	TPR
BRLT	+ 0.89	REAL
ELA	+ 0.87	REAL
ELA	+ 0.87	FOSL
BRLT	+ 0.83	SIG
ELA	+ 0.83	BRLT

High negative correlations

MYTE	- 0.75	SIG
TPR	- 0.73	SIG
BRLT	- 0.65	TPR
MYTE	- 0.63	BRLT
TPR	- 0.43	REAL
FOSL	- 0.42	TPR

Risk-Adjusted Indicators

There is a big difference between Capri Stock performing well and Capri Holdings 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 Capri Holdings' 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
MOV	1.33	(0.22)	0.00	(5.96)	0.00	0.00	2.77	(2.78)	7.03
SIG	2.57	(0.43)	0.00	(0.39)	0.00	0.00	3.58	(4.23)	24.56
LANV	4.79	0.64	0.13	(4.70)	4.90	(5.92)	13.21	(10.67)	27.75
REAL	4.20	(0.57)	0.00	0.41	0.00	0.00	6.46	(8.83)	36.64
TPR	1.82	0.36	0.16	0.28	2.13	(1.96)	3.56	(3.60)	17.66
BRLT	3.16	(0.44)	0.00	1.16	0.00	0.00	5.59	(7.10)	32.30
FOSL	4.03	(0.39)	0.00	(0.79)	0.00	0.00	6.79	(8.39)	37.53
MYTE	3.23	0.32	0.10	0.27	3.07	(4.06)	6.87	(5.70)	30.56
ELA	1.72	(0.41)	0.00	(0.91)	0.00	0.00	2.95	(3.97)	13.23

Capri Holdings Corporate Management

Don Witkowski	President	Profile
Jenna Hendricks	Senior Vice President Chief People Officer	Profile
Alejandro MartinezGalindo	Chief Information Officer	Profile
Jean Tomlin	Independent Director	Profile
Jennifer Davis	Vice Relations	Profile
M Benedetto	Lead Independent Director	Profile
Alejandro Galindo	Chief Officer	Profile

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