Entravision Communications Correlations
| EV9 Stock | EUR 1.91 0.05 2.55% |
The current 90-days correlation between Entravision Communications and AEGEAN AIRLINES is -0.13 (i.e., Good diversification). The correlation of Entravision Communications 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.
Entravision Communications Correlation With Market
Good diversification
The correlation between Entravision Communications and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Entravision Communications and DJI in the same portfolio, assuming nothing else is changed.
Entravision |
The ability to find closely correlated positions to Entravision Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entravision Communications 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 Entravision Communications - 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 Entravision Communications to buy it.
Moving together with Entravision Stock
| 0.65 | VVUD | VIVENDI UNSPONARD | PairCorr |
| 0.67 | GTT | TEGNA Inc | PairCorr |
| 0.73 | LGLG | LG Electronics | PairCorr |
| 0.8 | DBPD | Xtrackers ShortDAX | PairCorr |
Moving against Entravision Stock
| 0.85 | RRTL | RTL Group SA | PairCorr |
| 0.75 | SES | SES SA | PairCorr |
| 0.62 | C6TB | CHINA BANK ADR20 | PairCorr |
| 0.59 | ICKB | INDCOMMBK CHINA ADR20 | PairCorr |
| 0.58 | IJ7 | ITV plc | PairCorr |
| 0.52 | PKX | POSCO Holdings | PairCorr |
| 0.5 | NXZ | Nexstar Media Group | PairCorr |
| 0.5 | ICK | Industrial and Commercial | PairCorr |
| 0.34 | 5EE | MEBUKI FINANCIAL | PairCorr |
| 0.82 | BSN | Danone SA | PairCorr |
| 0.81 | 5TP | BLUE LABEL | PairCorr |
| 0.81 | TKA | thyssenkrupp AG | PairCorr |
| 0.78 | 3RE | Rejlerkoncernen AB | PairCorr |
| 0.78 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.77 | JYS1 | JYSKE BANK | PairCorr |
| 0.68 | TLLB | Trelleborg AB | PairCorr |
| 0.66 | BY6A | BYD Limited | PairCorr |
| 0.62 | KGHA | KGHM Polska Miedz | PairCorr |
| 0.62 | E908 | Lyxor 1 | PairCorr |
| 0.61 | SOBA | ATT Inc | PairCorr |
| 0.56 | BRH | Berkshire Hathaway | PairCorr |
| 0.55 | T62 | TOHO ZINC LTD | PairCorr |
| 0.54 | MRG | Outcrop Silver Gold | PairCorr |
| 0.54 | ROM | Rohm Co | PairCorr |
| 0.5 | KEI | KEISEI EL RAILWAY Split | PairCorr |
| 0.45 | HUKI | HUHTAMAKI | PairCorr |
Related Correlations Analysis
| 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 Entravision Stock performing well and Entravision Communications 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 Entravision Communications' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 32A | 1.26 | 0.26 | 0.22 | (1.21) | 0.99 | 3.50 | 8.00 | |||
| SIA1 | 0.73 | 0.07 | 0.07 | 1.25 | 0.86 | 1.71 | 4.82 | |||
| NEN | 2.44 | 0.28 | 0.11 | 0.93 | 2.28 | 7.31 | 19.36 | |||
| NUC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HAA1 | 2.90 | (0.27) | 0.00 | (0.23) | 0.00 | 6.25 | 33.72 | |||
| A1G | 2.33 | (0.49) | 0.00 | (0.60) | 0.00 | 4.31 | 18.23 | |||
| MEC | 2.02 | (0.25) | 0.00 | (0.68) | 0.00 | 4.81 | 11.54 | |||
| OIA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Entravision Communications 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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Entravision Communications Corporate Management
Elected by the shareholders, the Entravision Communications' board of directors comprises two types of representatives: Entravision Communications inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Entravision. The board's role is to monitor Entravision Communications' management team and ensure that shareholders' interests are well served. Entravision Communications' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Entravision Communications' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jeffery Liberman | Pres COO | Profile | |
| Edward Melendez | Pres Sales | Profile | |
| Christopher Young | CFO Treasurer | Profile | |
| Mark Boelke | G Sec | Profile | |
| Juan Wuthenau | Strategy Digital | Profile | |
| Jose Villafane | Pres Sales | Profile | |
| Walter Ulloa | Chairman CEO | Profile |