Korn Ferry Correlations
| KFY Stock | EUR 65.50 3.50 5.07% |
The current 90-days correlation between Korn Ferry and Hays plc is 0.3 (i.e., Weak diversification). The correlation of Korn Ferry 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.
Korn Ferry Correlation With Market
Very weak diversification
The correlation between Korn Ferry and DJI is 0.53 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Korn Ferry and DJI in the same portfolio, assuming nothing else is changed.
Korn |
The ability to find closely correlated positions to Korn Ferry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korn Ferry 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 Korn Ferry - 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 Korn Ferry to buy it.
Moving together with Korn Stock
| 0.8 | RHJ | Robert Half International | PairCorr |
| 0.73 | 74F | LIFE BANC SPLIT | PairCorr |
| 0.73 | UVV | Universal Corp | PairCorr |
| 0.75 | HEI | Heidelberg Materials | PairCorr |
| 0.65 | 2PP | PayPal Holdings | PairCorr |
| 0.69 | JBL | JABIL CIRCUIT | PairCorr |
| 0.71 | 7SU | Summit Materials | PairCorr |
| 0.78 | AKX | ANSYS Inc | PairCorr |
| 0.76 | 8II | PLAYTIKA HOLDING | PairCorr |
| 0.72 | TF7A | Tyson Foods | PairCorr |
| 0.73 | ML2 | Ming Le Sports | PairCorr |
Moving against Korn Stock
| 0.48 | SG9 | Strix Group Plc | PairCorr |
| 0.44 | HAY | Hays plc | PairCorr |
| 0.39 | ASF | Insperity | PairCorr |
| 0.32 | 3MI | PageGroup plc | PairCorr |
| 0.42 | IU2 | Yara International ASA | PairCorr |
| 0.4 | BOSS | Hugo Boss AG | PairCorr |
| 0.35 | 2RR | Alibaba Group Holding | PairCorr |
| 0.31 | C4X | Onxeo SA | PairCorr |
Related Correlations Analysis
| 0.8 | -0.65 | -0.42 | 0.05 | RHJ | ||
| 0.8 | -0.44 | -0.32 | -0.23 | KFY | ||
| -0.65 | -0.44 | 0.73 | 0.28 | HAY | ||
| -0.42 | -0.32 | 0.73 | 0.33 | 3MI | ||
| 0.05 | -0.23 | 0.28 | 0.33 | XXY | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Korn Stock performing well and Korn Ferry 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 Korn Ferry'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RHJ | 1.29 | 0.28 | 0.23 | 0.28 | 0.91 | 2.61 | 11.54 | |||
| KFY | 1.69 | (0.06) | 0.00 | 0.06 | 2.11 | 3.47 | 12.60 | |||
| HAY | 2.49 | (0.18) | 0.00 | (0.05) | 0.00 | 5.43 | 15.70 | |||
| 3MI | 1.22 | (0.06) | (0.05) | 0.00 | 1.55 | 2.70 | 6.19 | |||
| XXY | 3.19 | 0.75 | 0.16 | (1.69) | 3.01 | 6.14 | 60.97 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Korn Ferry 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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Korn Ferry Corporate Management
Elected by the shareholders, the Korn Ferry's board of directors comprises two types of representatives: Korn Ferry inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Korn. The board's role is to monitor Korn Ferry's management team and ensure that shareholders' interests are well served. Korn Ferry'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, Korn Ferry's outside directors are responsible for providing unbiased perspectives on the board's policies.
| JuergHerbert Baertschi | VP Operations | Profile | |
| Bryan Ackermann | Chief VP | Profile | |
| Navnit Singh | Chairman India | Profile | |
| Stewart Goldman | Client Compliance | Profile |