Moura Dubeux Correlations
| MDNE3 Stock | BRL 13.70 0.56 4.26% |
The current 90-days correlation between Moura Dubeux Engenharia and Mitre Realty Empreendimentos is 0.69 (i.e., Poor diversification). The correlation of Moura Dubeux 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.
Moura Dubeux Correlation With Market
Modest diversification
The correlation between Moura Dubeux Engenharia and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Moura Dubeux Engenharia and DJI in the same portfolio, assuming nothing else is changed.
Moura |
The ability to find closely correlated positions to Moura Dubeux could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Moura Dubeux 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 Moura Dubeux - 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 Moura Dubeux Engenharia to buy it.
Moving together with Moura Stock
| 0.88 | LAVV3 | Lavvi Empreendimentos | PairCorr |
| 0.86 | TRIS3 | Trisul SA | PairCorr |
| 0.71 | CTKA3 | Karsten SA | PairCorr |
| 0.78 | BRSR6 | Banco do Estado | PairCorr |
| 0.63 | VULC3 | Vulcabras Azaleia | PairCorr |
| 0.83 | CCRO3 | CCR SA | PairCorr |
| 0.89 | ITUB3 | Ita Unibanco Holding Split | PairCorr |
| 0.8 | BPAN4 | Banco Pan SA | PairCorr |
| 0.77 | LEVE3 | MAHLE Metal Leve | PairCorr |
| 0.72 | CPFE3 | CPFL Energia SA | PairCorr |
| 0.82 | HYPE3 | Hypera SA | PairCorr |
| 0.84 | SBSP3 | Companhia de Saneamento | PairCorr |
| 0.8 | BAZA3F | BAZA3F | PairCorr |
| 0.67 | CTKA4 | Karsten SA | PairCorr |
| 0.9 | CYRE3 | Cyrela Brazil Realty | PairCorr |
Moving against Moura Stock
| 0.67 | S1SL34 | Skyworks Solutions | PairCorr |
| 0.56 | T1RO34 | T Rowe Price | PairCorr |
| 0.55 | A1MT34 | Applied Materials, | PairCorr |
| 0.49 | M1KT34 | MarketAxess Holdings | PairCorr |
| 0.38 | CGRA3 | Grazziotin SA | PairCorr |
| 0.31 | WGBA34 | Walgreens Boots Alliance | PairCorr |
Related Correlations Analysis
| 0.75 | 0.86 | 0.78 | 0.75 | MTRE3 | ||
| 0.75 | 0.82 | 0.9 | 0.87 | LAVV3 | ||
| 0.86 | 0.82 | 0.77 | 0.78 | EVEN3 | ||
| 0.78 | 0.9 | 0.77 | 0.93 | DIRR3 | ||
| 0.75 | 0.87 | 0.78 | 0.93 | PLPL3 | ||
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Risk-Adjusted Indicators
There is a big difference between Moura Stock performing well and Moura Dubeux 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 Moura Dubeux'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MTRE3 | 2.24 | 0.18 | 0.07 | 0.11 | 2.54 | 4.23 | 11.57 | |||
| LAVV3 | 1.51 | 0.38 | 0.23 | 1.67 | 1.74 | 4.36 | 10.05 | |||
| EVEN3 | 1.75 | 0.36 | 0.22 | 0.48 | 1.56 | 3.89 | 7.04 | |||
| DIRR3 | 1.89 | 0.20 | 0.08 | 0.17 | 2.51 | 4.26 | 11.25 | |||
| PLPL3 | 2.64 | 0.19 | 0.07 | 0.14 | 3.08 | 8.78 | 18.01 |
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Moura Dubeux Corporate Management
Elected by the shareholders, the Moura Dubeux's board of directors comprises two types of representatives: Moura Dubeux inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Moura. The board's role is to monitor Moura Dubeux's management team and ensure that shareholders' interests are well served. Moura Dubeux'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, Moura Dubeux's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mamede Filho | Chief Officer | Profile | |
| Marcelo Arantes | Investor Officer | Profile | |
| Marcos Dubeux | Managing Director | Profile | |
| Roberto Cardoso | Chief Officer | Profile | |
| Gustavo Dubeux | ViceChairman Director | Profile | |
| Eduardo Moura | Chief Officer | Profile | |
| Aluisio Dubeux | ViceChairman Director | Profile |