Experian Plc Correlations

J2B Stock

EUR 42.00 0.20 0.47%

The current 90-days correlation between Experian plc and UNICREDIT SPA ADR is 0.05 (i.e., Significant diversification). The correlation of Experian Plc 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.

The ability to find closely correlated positions to Experian Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Experian Plc 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 Experian Plc - 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 Experian plc to buy it.

Moving together with Experian Stock

0.76	ADP	Automatic Data Processing	Pair Corr
0.78	FIV	Fiserv Inc	Pair Corr
0.77	PCX	Paychex	Pair Corr
0.76	VA7A	Verisk Analytics	Pair Corr
0.69	RLS	Rollins	Pair Corr
0.69	FHL	Federal Home Loan	Pair Corr
0.86	BSX	BOSTON SCIENTIFIC	Pair Corr
0.75	S9L	FERRAGAMO	Pair Corr
0.77	LL6	MTN GROUP	Pair Corr

Moving against Experian Stock

0.62	WSU	WashTec AG Earnings Call This Week	Pair Corr
0.52	J9I0	5E ADVANCED MATERIALS Split	Pair Corr
0.43	DBPD	Xtrackers ShortDAX	Pair Corr
0.35	34T1	Tiangong International Earnings Call This Week	Pair Corr

Related Correlations Analysis

	N0S	CRIP	TOW	TSFA	UN9	FH21	SMG
N0S		0.81	-0.54	-0.33	0.73	0.68	0.61	N0S
CRIP	0.81		-0.85	-0.68	0.95	0.65	0.18	CRIP
TOW	-0.54	-0.85		0.89	-0.82	-0.38	0.12	TOW
TSFA	-0.33	-0.68	0.89		-0.66	-0.22	0.26	TSFA
UN9	0.73	0.95	-0.82	-0.66		0.55	0.07	UN9
FH21	0.68	0.65	-0.38	-0.22	0.55		0.36	FH21
SMG	0.61	0.18	0.12	0.26	0.07	0.36		SMG
	N0S	CRIP	TOW	TSFA	UN9	FH21	SMG

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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

UN9	+ 0.95	CRIP
TSFA	+ 0.89	TOW
CRIP	+ 0.81	N0S
UN9	+ 0.73	N0S
FH21	+ 0.68	N0S
FH21	+ 0.65	CRIP

High negative correlations

TOW	- 0.85	CRIP
UN9	- 0.82	TOW
TSFA	- 0.68	CRIP
UN9	- 0.66	TSFA
TOW	- 0.54	N0S
FH21	- 0.38	TOW

Risk-Adjusted Indicators

There is a big difference between Experian Stock performing well and Experian Plc 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 Experian Plc'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
N0S	1.86	0.50	0.21	1.16	2.12	(2.02)	3.13	(4.06)	31.09
CRIP	1.41	0.57	0.31	1.10	1.13	(1.86)	3.64	(2.63)	10.23
TOW	2.02	(0.34)	0.00	(1.46)	0.00	0.00	4.05	(3.59)	14.70
TSFA	2.20	(0.16)	0.00	2.85	0.00	0.00	4.70	(3.99)	20.66
UN9	0.83	0.41	0.45	3.15	0.44	(0.97)	2.52	(1.36)	5.85
FH21	1.42	0.05	0.05	1.51	1.80	(1.86)	3.74	(2.79)	17.47
SMG	2.22	(0.03)	0.00	(0.25)	0.00	0.00	5.16	(3.70)	22.18

Be your own money manager

Our tools can tell you how much better you can do entering a position in Experian Plc 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.

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Experian Plc Corporate Management

Elected by the shareholders, the Experian Plc's board of directors comprises two types of representatives: Experian Plc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Experian. The board's role is to monitor Experian Plc's management team and ensure that shareholders' interests are well served. Experian Plc'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, Experian Plc's outside directors are responsible for providing unbiased perspectives on the board's policies.

Rick Gallagher	Chief Devel	Profile
Darryl Gibson	Group Counsel	Profile
Craig Boundy	COO Director	Profile
Nadia RidoutJamieson	Chief Officer	Profile
Brian Cassin	CEO Director	Profile
Kerry Williams	President	Profile
Joe Manna	Chief Officer	Profile

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