Walt Disney Correlations
The correlation of Walt Disney 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.
Walt |
The ability to find closely correlated positions to Walt Disney could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Walt Disney 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 Walt Disney - 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 The Walt Disney to buy it.
Moving against Walt Stock
| 0.68 | BCSA34 | Banco Santander SA | PairCorr |
| 0.67 | CYRE3 | Cyrela Brazil Realty | PairCorr |
| 0.63 | ITUB4 | Ita Unibanco Holding | PairCorr |
| 0.6 | AURA33 | Aura Minerals | PairCorr |
| 0.58 | CMIG3 | Companhia Energtica | PairCorr |
| 0.57 | BMKS3 | Bicicletas Monark | PairCorr |
| 0.53 | CEBR6 | Companhia Energtica | PairCorr |
| 0.52 | B3SA3 | B3 SA | PairCorr |
| 0.49 | AMGN34 | Amgen Inc | PairCorr |
| 0.46 | NMRH34 | Nomura Holdings | PairCorr |
| 0.44 | ATTB34 | ATT Inc | PairCorr |
| 0.38 | PETR3 | Petrleo Brasileiro | PairCorr |
| 0.35 | NFLX34 | Netflix | PairCorr |
| 0.33 | SNEC34 | Sony Group | PairCorr |
| 0.32 | CPLE6F | CPLE6F | PairCorr |
| 0.77 | GEOO34 | General Electric | PairCorr |
| 0.68 | ABTT34 | Abbott Laboratories | PairCorr |
| 0.67 | ITUB3 | Ita Unibanco Holding | PairCorr |
| 0.67 | ELET6 | Centrais Eltricas | PairCorr |
| 0.66 | ALUP11 | Alupar Investimento | PairCorr |
| 0.65 | ODPV3 | Odontoprev SA | PairCorr |
| 0.63 | CEBR5 | Companhia Energtica | PairCorr |
| 0.63 | PTNT4 | Pettenati SA Industria | PairCorr |
| 0.63 | ITSA3 | Itasa Investimentos Split | PairCorr |
| 0.61 | BAZA3 | Banco da Amaznia | PairCorr |
Related Correlations Analysis
| 0.85 | 0.68 | -0.5 | 0.66 | -0.18 | H1RL34 | ||
| 0.85 | 0.63 | -0.55 | 0.7 | -0.31 | MRFG3 | ||
| 0.68 | 0.63 | -0.5 | 0.52 | -0.05 | Z1OM34 | ||
| -0.5 | -0.55 | -0.5 | -0.34 | 0.46 | U2NF34 | ||
| 0.66 | 0.7 | 0.52 | -0.34 | 0.17 | TSNF34 | ||
| -0.18 | -0.31 | -0.05 | 0.46 | 0.17 | COWC34 | ||
| 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 Walt Stock performing well and Walt Disney 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 Walt Disney'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| H1RL34 | 0.84 | (0.12) | 0.00 | 0.25 | 0.00 | 2.79 | 15.29 | |||
| MRFG3 | 2.31 | (0.18) | 0.00 | 1.58 | 0.00 | 4.55 | 13.29 | |||
| Z1OM34 | 1.73 | (0.27) | 0.00 | 1.40 | 0.00 | 2.81 | 19.86 | |||
| U2NF34 | 2.33 | 0.52 | 0.22 | 3.22 | 2.03 | 5.15 | 30.26 | |||
| TSNF34 | 1.11 | 0.05 | 0.03 | (0.34) | 1.75 | 2.63 | 14.16 | |||
| COWC34 | 1.48 | 0.16 | 0.08 | 0.26 | 2.08 | 2.29 | 7.81 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Walt Disney 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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Walt Disney Corporate Management
Elected by the shareholders, the Walt Disney's board of directors comprises two types of representatives: Walt Disney inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Walt. The board's role is to monitor Walt Disney's management team and ensure that shareholders' interests are well served. Walt Disney'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, Walt Disney's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ronald Iden | VP Officer | Profile | |
| Kristina Schake | Ex Communications | Profile | |
| John Rood | VP Marketing | Profile | |
| Horacio Gutierrez | Gen EVP | Profile | |
| MBA BSEE | Ex Officer | Profile | |
| Paul Richardson | EVP Officer | Profile |