Equifax Correlations
EFX Stock | USD 240.26 4.34 1.84% |
The current 90-days correlation between Equifax and Verisk Analytics is 0.31 (i.e., Weak diversification). The correlation of Equifax 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.
Equifax Correlation With Market
Weak diversification
The correlation between Equifax and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Equifax and DJI in the same portfolio, assuming nothing else is changed.
Equifax |
Moving together with Equifax Stock
0.74 | BV | BrightView Holdings | PairCorr |
0.66 | NL | NL Industries | PairCorr |
0.73 | DLHC | DLH Holdings Corp | PairCorr |
0.71 | VLTO | Veralto | PairCorr |
0.83 | EXPO | Exponent | PairCorr |
0.66 | AXR | AMREP | PairCorr |
0.74 | BRC | Brady | PairCorr |
0.73 | BTM | Bitcoin Depot | PairCorr |
0.72 | FORR | Forrester Research Potential Growth | PairCorr |
0.74 | CLH | Clean Harbors | PairCorr |
0.79 | DLX | Deluxe | PairCorr |
0.7 | DNB | Dun Bradstreet Holdings | PairCorr |
Moving against Equifax Stock
0.61 | KC | Kingsoft Cloud Holdings Earnings Call This Week | PairCorr |
0.44 | G | Genpact Limited | PairCorr |
0.43 | ESGL | ESGL Holdings Limited | PairCorr |
0.39 | WM | Waste Management | PairCorr |
0.35 | VRSK | Verisk Analytics | PairCorr |
0.74 | GDS | GDS Holdings Earnings Call This Week | PairCorr |
0.56 | GFL | Gfl Environmental | PairCorr |
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between Equifax Stock performing well and Equifax 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 Equifax'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
VRSK | 0.88 | 0.06 | 0.09 | 0.02 | 1.25 | 2.34 | 6.73 | |||
EXPO | 0.98 | (0.16) | 0.00 | (0.43) | 0.00 | 1.71 | 5.51 | |||
FCN | 1.13 | (0.23) | 0.00 | (0.54) | 0.00 | 1.78 | 17.31 | |||
FC | 1.70 | (0.11) | 0.00 | (0.21) | 0.00 | 2.59 | 13.98 | |||
ICFI | 1.84 | (0.67) | 0.00 | 1.18 | 0.00 | 3.96 | 24.76 | |||
FORR | 1.99 | (0.63) | 0.00 | (0.68) | 0.00 | 3.02 | 15.73 | |||
CRAI | 1.91 | (0.04) | 0.00 | (0.24) | 0.00 | 2.85 | 17.71 | |||
HURN | 1.53 | 0.39 | 0.24 | 0.37 | 1.50 | 2.63 | 21.61 | |||
TRU | 1.67 | (0.10) | 0.00 | (0.17) | 0.00 | 2.94 | 13.74 | |||
BAH | 1.71 | (0.32) | 0.00 | (0.83) | 0.00 | 2.99 | 10.80 |