Vinci SA Correlations

DG Stock

EUR 119.75 0.35 0.29%

The current 90-days correlation between Vinci SA and Air Liquide SA is 0.39 (i.e., Weak diversification). The correlation of Vinci SA 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.

Vinci SA Correlation With Market

Average diversification

The correlation between Vinci SA and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vinci SA and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Vinci Stock

0.99	EN	Bouygues SA	Pair Corr
0.96	FGR	Eiffage SA	Pair Corr
0.96	SPIE	SPIE SA	Pair Corr
0.66	SEC	Soditech SA	Pair Corr
0.9	NOKIA	Nokia Oyj	Pair Corr
0.87	NRO	Neurones	Pair Corr
0.94	BN	Danone SA	Pair Corr
0.62	AKE	Arkema SA	Pair Corr
0.68	MLLCB	Les Constructeurs	Pair Corr
0.89	ELEC	lectricite de Strasbourg	Pair Corr
0.67	BUR	Burelle SA Earnings Call Today	Pair Corr
0.89	CRLO	Caisse Regionale	Pair Corr
0.71	ALBLD	Bilendi Earnings Call This Week	Pair Corr
0.71	EL	EssilorLuxottica S	Pair Corr
0.77	PWG	Prodways Group SA	Pair Corr
0.9	EXPL	EPC Groupe	Pair Corr

Moving against Vinci Stock

0.79	ALSGD	Spineguard	Pair Corr
0.7	ALEUP	Europlasma SA	Pair Corr
0.54	GDS	Ramsay Generale De	Pair Corr
0.38	MAU	Etablissements Maurel	Pair Corr
0.35	MLCLP	Colipays Reunion	Pair Corr
0.35	NACON	Nacon Sa	Pair Corr

Related Correlations Analysis

	AI	EN	CS	SGO	SAN
AI		0.95	0.96	0.93	0.96	AI
EN	0.95		0.93	0.95	0.91	EN
CS	0.96	0.93		0.91	0.96	CS
SGO	0.93	0.95	0.91		0.87	SGO
SAN	0.96	0.91	0.96	0.87		SAN
	AI	EN	CS	SGO	SAN

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Risk-Adjusted Indicators

There is a big difference between Vinci Stock performing well and Vinci SA 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 Vinci SA'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
AI	0.80	0.25	0.33	1.44	0.76	(0.91)	1.73	(1.12)	6.35
EN	0.73	0.43	0.58	2.56	0.08	(0.95)	1.93	(0.85)	8.02
CS	0.79	0.28	0.39	2.44	0.61	(0.91)	1.90	(1.27)	4.22
SGO	1.38	0.38	0.17	0.31	1.67	(1.48)	2.86	(3.63)	14.32
SAN	0.74	0.27	0.37	5.16	0.59	(0.86)	1.93	(1.58)	5.04

Be your own money manager

Our tools can tell you how much better you can do entering a position in Vinci SA 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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Vinci SA Corporate Management

Elected by the shareholders, the Vinci SA's board of directors comprises two types of representatives: Vinci SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vinci. The board's role is to monitor Vinci SA's management team and ensure that shareholders' interests are well served. Vinci SA'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, Vinci SA's outside directors are responsible for providing unbiased perspectives on the board's policies.

Patrick Richard	G Sec	Profile
Herve Adam	Ex France	Profile
Jocelyne Vassoille	VicePres HR	Profile
Pierre Duprat	VicePres Communications	Profile
Christian Labeyrie	CFO VP	Profile
Hugues Fourmentraux	Chief Construction	Profile
Gregoire Thibault	Group Communications	Profile

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