CRAWFORD A Correlations

CWK0 Stock

EUR 10.60 0.60 6.00%

The current 90-days correlation between CRAWFORD A NV and PT Ace Hardware is 0.15 (i.e., Average diversification). The correlation of CRAWFORD A 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.

CRAWFORD A Correlation With Market

Average diversification

The correlation between CRAWFORD A NV and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CRAWFORD A NV and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with CRAWFORD Stock

0.81	MSN	Marsh McLennan Companies	Pair Corr
0.88	4VK	Aon PLC	Pair Corr
0.83	GAH	Arthur J Gallagher	Pair Corr
0.8	WTY	Willis Towers Watson	Pair Corr
0.88	BTW	Brown Brown	Pair Corr
0.75	AVLA	Air Lease	Pair Corr
0.74	ATR0	ATHENE HOLDING PRFSERC	Pair Corr
0.7	WDP	Walt Disney	Pair Corr
0.81	WB1	Westamerica Bancorporation	Pair Corr
0.8	M4I	Mastercard	Pair Corr
0.81	XPH	Amphenol	Pair Corr
0.74	ZIM	Zimmer Biomet Holdings	Pair Corr
0.85	5AP	Palo Alto Networks Split	Pair Corr
0.75	8L8	Liberty Broadband	Pair Corr
0.65	NCL	New China Life	Pair Corr
0.67	8XE	ENGIE Eps SA	Pair Corr
0.71	A3B	ACCO Brands	Pair Corr
0.86	3EC	Eaton PLC	Pair Corr
0.76	FQI	Digital Realty Trust	Pair Corr
0.81	GTT	TEGNA Inc	Pair Corr
0.67	GKD	Grand Canyon Education	Pair Corr
0.83	PCG6	PG E P6	Pair Corr
0.8	QBE	QBE Insurance Group	Pair Corr
0.76	UBK	UMWELTBANK	Pair Corr

Moving against CRAWFORD Stock

0.71	18M	Sabre Insurance Group	Pair Corr
0.61	03F	IDP EDUCATION LTD	Pair Corr
0.48	TEY	Teradyne	Pair Corr
0.46	4Y7	PLATO GOLD P	Pair Corr

Related Correlations Analysis

	4AH1	MWJ	3RW	FOO0	FOO	LB3C	AMK	FR70
4AH1		0.42	0.0	-0.76	-0.75	0.5	0.61	-0.31	4AH1
MWJ	0.42		0.0	-0.46	-0.49	0.59	0.41	-0.06	MWJ
3RW	0.0	0.0		0.0	0.0	0.0	0.0	0.0	3RW
FOO0	-0.76	-0.46	0.0		0.97	-0.62	-0.65	0.5	FOO0
FOO	-0.75	-0.49	0.0	0.97		-0.69	-0.69	0.5	FOO
LB3C	0.5	0.59	0.0	-0.62	-0.69		0.71	-0.02	LB3C
AMK	0.61	0.41	0.0	-0.65	-0.69	0.71		0.02	AMK
FR70	-0.31	-0.06	0.0	0.5	0.5	-0.02	0.02		FR70
	4AH1	MWJ	3RW	FOO0	FOO	LB3C	AMK	FR70

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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

FOO	+ 0.97	FOO0
AMK	+ 0.71	LB3C
AMK	+ 0.61	4AH1
LB3C	+ 0.59	MWJ
LB3C	+ 0.5	4AH1
FR70	+ 0.5	FOO0

High negative correlations

FOO0	- 0.76	4AH1
FOO	- 0.75	4AH1
AMK	- 0.69	FOO
LB3C	- 0.69	FOO
AMK	- 0.65	FOO0
LB3C	- 0.62	FOO0

Risk-Adjusted Indicators

There is a big difference between CRAWFORD Stock performing well and CRAWFORD A 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 CRAWFORD A'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
4AH1	2.44	(0.06)	0.00	0.09	0.00	0.00	3.80	(4.30)	44.00
MWJ	2.62	(0.15)	0.00	(0.13)	0.00	0.00	4.92	(5.00)	16.51
3RW	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FOO0	1.91	0.42	0.15	(2.20)	2.00	(2.45)	4.03	(3.73)	24.18
FOO	1.44	0.48	0.30	0.69	1.14	(1.70)	5.23	(2.31)	12.93
LB3C	3.25	(0.09)	0.00	(0.03)	0.00	0.00	6.94	(6.33)	20.64
AMK	1.78	(0.20)	0.00	(0.32)	0.00	0.00	3.55	(3.25)	10.68
FR70	1.49	0.11	0.05	0.20	1.79	(1.63)	3.21	(2.70)	11.86

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Our tools can tell you how much better you can do entering a position in CRAWFORD A 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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