Marubeni Corp Correlations
| MARUY Stock | USD 150.20 1.28 0.86% |
The current 90-days correlation between Marubeni Corp ADR and Grupo Bimbo SAB is 0.21 (i.e., Modest diversification). The correlation of Marubeni Corp 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.
Marubeni Corp Correlation With Market
Weak diversification
The correlation between Marubeni Corp ADR and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Marubeni Corp ADR and DJI in the same portfolio, assuming nothing else is changed.
Marubeni |
The ability to find closely correlated positions to Marubeni Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marubeni Corp 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 Marubeni Corp - 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 Marubeni Corp ADR to buy it.
Moving together with Marubeni Pink Sheet
| 0.65 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.83 | MSBHF | Mitsubishi Corp | PairCorr |
| 0.77 | ITOCY | Itochu Corp ADR | PairCorr |
| 0.71 | SHG | Shinhan Financial | PairCorr |
| 0.65 | KO | Coca Cola Aggressive Push | PairCorr |
Moving against Marubeni Pink Sheet
| 0.45 | HON | Honeywell International | PairCorr |
| 0.42 | KB | KB Financial Group | PairCorr |
| 0.69 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.69 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.65 | WMT | Walmart Aggressive Push | PairCorr |
| 0.58 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.57 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.54 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.45 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.44 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.37 | JXN-PA | Jackson Financial | 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
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Risk-Adjusted Indicators
There is a big difference between Marubeni Pink Sheet performing well and Marubeni Corp 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 Marubeni Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GRBMF | 1.70 | (0.13) | 0.00 | 0.74 | 0.00 | 3.86 | 22.69 | |||
| GPFOF | 0.61 | (0.16) | 0.00 | (1.22) | 0.00 | 0.00 | 19.10 | |||
| BCCLF | 2.19 | (0.41) | 0.00 | (2.10) | 0.00 | 4.49 | 16.89 | |||
| 444859BR2 | 1.36 | (0.01) | 0.00 | 0.16 | 0.00 | 5.93 | 16.62 | |||
| AQUI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BRRAY | 1.27 | (0.11) | 0.00 | 0.01 | 0.00 | 0.00 | 34.02 | |||
| MSTSX | 0.49 | (0.03) | (0.13) | 0.07 | 0.50 | 1.21 | 2.80 | |||
| ABHYX | 0.18 | 0.03 | (0.23) | (0.15) | 0.24 | 0.34 | 1.91 | |||
| LBHIX | 0.12 | 0.01 | (0.44) | 0.51 | 0.00 | 0.24 | 0.96 | |||
| SCAXF | 0.70 | (0.37) | 0.00 | (19.66) | 0.00 | 0.00 | 23.47 |
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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
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Marubeni Corp Corporate Management
| Daisuke Tsuchiya | Ex Div | Profile | |
| Koichi Ariizumi | Ex Dept | Profile | |
| Mutsumi Ishizuki | Managing Executive Officer, Manager of 2nd Metal | Profile | |
| Hajime Kawamura | Executive Officer, Manager of Plant | Profile | |
| Takayuki Furuya | CFO, Officer | Profile |