Infracommerce CXaaS Correlations
| IFCM3 Stock | BRL 0.12 0.01 9.09% |
The current 90-days correlation between Infracommerce CXaaS and Mliuz SA is 0.06 (i.e., Significant diversification). The correlation of Infracommerce CXaaS 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.
Infracommerce CXaaS Correlation With Market
Good diversification
The correlation between Infracommerce CXaaS SA and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Infracommerce CXaaS SA and DJI in the same portfolio, assuming nothing else is changed.
Infracommerce |
The ability to find closely correlated positions to Infracommerce CXaaS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Infracommerce CXaaS 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 Infracommerce CXaaS - 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 Infracommerce CXaaS SA to buy it.
Moving together with Infracommerce Stock
| 0.77 | OPCT3 | OceanPact Servios | PairCorr |
| 0.7 | ATMP3 | ATMA Participaes | PairCorr |
| 0.68 | HOND34 | Honda Motor | PairCorr |
Moving against Infracommerce Stock
| 0.84 | M1UF34 | Mitsubishi UFJ Financial | PairCorr |
| 0.76 | AAPL34 | Apple Inc | PairCorr |
| 0.71 | C1PR34 | Copart Inc | PairCorr |
| 0.61 | SNEC34 | Sony Group Split | PairCorr |
| 0.59 | TSMC34 | Taiwan Semiconductor | PairCorr |
Related Correlations Analysis
| 0.81 | 0.45 | 0.79 | 0.78 | CASH3 | ||
| 0.81 | 0.51 | 0.95 | 0.91 | LJQQ3 | ||
| 0.45 | 0.51 | 0.63 | 0.48 | GGPS3 | ||
| 0.79 | 0.95 | 0.63 | 0.87 | SBFG3 | ||
| 0.78 | 0.91 | 0.48 | 0.87 | ENJU3 | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Infracommerce Stock performing well and Infracommerce CXaaS 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 Infracommerce CXaaS'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CASH3 | 3.22 | 0.11 | 0.00 | 0.07 | 0.00 | 4.86 | 85.83 | |||
| LJQQ3 | 2.57 | (0.85) | 0.00 | (0.94) | 0.00 | 4.46 | 17.51 | |||
| GGPS3 | 1.12 | (0.18) | 0.00 | (1.86) | 0.00 | 1.92 | 9.35 | |||
| SBFG3 | 2.07 | (0.56) | 0.00 | (1.61) | 0.00 | 3.95 | 17.75 | |||
| ENJU3 | 2.80 | (0.43) | 0.00 | (0.85) | 0.00 | 4.07 | 17.49 |
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Infracommerce CXaaS Corporate Management
Elected by the shareholders, the Infracommerce CXaaS's board of directors comprises two types of representatives: Infracommerce CXaaS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Infracommerce. The board's role is to monitor Infracommerce CXaaS's management team and ensure that shareholders' interests are well served. Infracommerce CXaaS'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, Infracommerce CXaaS's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Fabio Bortolotti | Investor Board | Profile | |
| Fabio Veras | CTO Board | Profile | |
| Raffael Quintas | CFO Board | Profile | |
| Guido Carelli | Member clients | Profile | |
| Kai Schoppen | CEO, Founder | Profile | |
| Eduardo Fregonesi | Pres Board | Profile |