INC Research Correlations

INCR Stock

USD 1.44 0.05 3.36%

The current 90-days correlation between INC Research Holdings and AYR Strategies Class is 0.14 (i.e., Average diversification). The correlation of INC Research 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.

INC Research Correlation With Market

Significant diversification

The correlation between INC Research Holdings and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding INC Research Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in INC Research Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with INC Stock

0.66

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Pair Corr

Moving against INC Stock

0.4	PG	Procter Gamble	Pair Corr
0.36	LUCD	Lucid Diagnostics	Pair Corr
0.36	T	ATT Inc Sell-off Trend	Pair Corr
0.33	JNJ	Johnson Johnson Sell-off Trend	Pair Corr

Related Correlations Analysis

	AYRWF	VRNOF	TLLTF	LOWLF	VEXTF	SSIC	COLL	PAHC	EGRX	RGC
AYRWF		0.95	-0.52	0.14	0.22	0.0	0.37	-0.09	0.0	-0.48	AYRWF
VRNOF	0.95		-0.65	0.14	0.34	0.0	0.4	-0.22	0.0	-0.41	VRNOF
TLLTF	-0.52	-0.65		-0.07	-0.42	0.0	-0.33	0.52	0.0	0.25	TLLTF
LOWLF	0.14	0.14	-0.07		0.18	0.0	0.01	-0.16	0.0	-0.19	LOWLF
VEXTF	0.22	0.34	-0.42	0.18		0.0	0.24	-0.58	0.0	0.19	VEXTF
SSIC	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	SSIC
COLL	0.37	0.4	-0.33	0.01	0.24	0.0		-0.2	0.0	-0.1	COLL
PAHC	-0.09	-0.22	0.52	-0.16	-0.58	0.0	-0.2		0.0	-0.11	PAHC
EGRX	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	EGRX
RGC	-0.48	-0.41	0.25	-0.19	0.19	0.0	-0.1	-0.11	0.0		RGC
	AYRWF	VRNOF	TLLTF	LOWLF	VEXTF	SSIC	COLL	PAHC	EGRX	RGC

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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

VRNOF	+ 0.95	AYRWF
PAHC	+ 0.52	TLLTF
COLL	+ 0.4	VRNOF
COLL	+ 0.37	AYRWF
VEXTF	+ 0.34	VRNOF
RGC	+ 0.25	TLLTF

High negative correlations

TLLTF	- 0.65	VRNOF
PAHC	- 0.58	VEXTF
TLLTF	- 0.52	AYRWF
RGC	- 0.48	AYRWF
VEXTF	- 0.42	TLLTF
RGC	- 0.41	VRNOF

Risk-Adjusted Indicators

There is a big difference between INC Stock performing well and INC Research 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 INC Research'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
AYRWF	5.70	(1.12)	0.00	1.69	0.00	0.00	9.52	(13.04)	41.94
VRNOF	4.76	(0.89)	0.00	0.59	0.00	0.00	8.04	(11.54)	37.26
TLLTF	7.90	1.53	0.10	2.14	8.11	(14.88)	25.00	(16.67)	70.00
LOWLF	12.39	0.94	0.06	2.02	13.78	(16.05)	25.00	(25.00)	66.67
VEXTF	2.85	0.15	0.02	0.97	4.07	(9.96)	10.00	(9.09)	32.73
SSIC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
COLL	1.73	0.03	0.03	0.04	1.93	(1.87)	3.47	(3.02)	18.67
PAHC	2.14	0.06	0.01	0.01	2.93	(2.23)	3.84	(5.81)	17.81
EGRX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
RGC	12.73	5.44	0.75	(0.84)	5.57	(18.97)	46.25	(10.59)	245.91

INC Research Corporate Management

Amos Cohen	Chief Officer	Profile
Itai Kabiljo	General Counsel	Profile
Advocate Ohayon	CoFounder Ltd	Profile
Einat Zehavi	Vice Sales	Profile
OriMoni Mimon	CoFounder Ltd	Profile

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