Parq Arauco Correlations
| PARAUCO Stock | CLP 1,820 2.00 0.11% |
The current 90-days correlation between Parq Arauco and Plaza SA is 0.21 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Parq Arauco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parq Arauco moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Parq Arauco Correlation With Market
Modest diversification
The correlation between Parq Arauco and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Parq Arauco and DJI in the same portfolio, assuming nothing else is changed.
Parq |
The ability to find closely correlated positions to Parq Arauco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parq Arauco 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 Parq Arauco - 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 Parq Arauco to buy it.
Moving together with Parq Stock
| 0.65 | ENLASA | Energia Latina SA | PairCorr |
| 0.63 | AAISA | Administradora Americana | PairCorr |
| 0.94 | SONDA | Sonda SA | PairCorr |
Related Correlations Analysis
| 0.86 | 0.86 | 0.81 | 0.89 | FALABELLA | ||
| 0.86 | 0.8 | 0.79 | 0.85 | CENCOSUD | ||
| 0.86 | 0.8 | 0.71 | 0.92 | RIPLEY | ||
| 0.81 | 0.79 | 0.71 | 0.71 | COPEC | ||
| 0.89 | 0.85 | 0.92 | 0.71 | MALLPLAZA | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Parq Stock performing well and Parq Arauco 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 Parq Arauco'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FALABELLA | 0.98 | 0.17 | 0.17 | 0.69 | 1.06 | 2.05 | 5.87 | |||
| CENCOSUD | 0.89 | 0.27 | 0.39 | 2.26 | 0.49 | 2.32 | 5.17 | |||
| RIPLEY | 0.91 | 0.42 | 0.53 | 3.14 | 0.41 | 2.94 | 5.71 | |||
| COPEC | 1.16 | 0.11 | 0.14 | (1.31) | 1.27 | 2.66 | 6.73 | |||
| MALLPLAZA | 1.04 | 0.25 | 0.27 | 1.20 | 0.88 | 2.43 | 8.45 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Parq Arauco 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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Fundamental AnalysisView fundamental data based on most recent published financial statements |
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Parq Arauco Corporate Management
Elected by the shareholders, the Parq Arauco's board of directors comprises two types of representatives: Parq Arauco inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Parq. The board's role is to monitor Parq Arauco's management team and ensure that shareholders' interests are well served. Parq Arauco'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, Parq Arauco's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Andres RuizTagle | Chief Execute Officer, Chile Division | Profile | |
| Guillermo Yarur | Director | Profile | |
| Rafael Valdes | Independent Director | Profile | |
| Alejandro Nunez | Chief Execute Officer, Peru Division | Profile | |
| Miguel Sfeir | Accounting Director | Profile | |
| Carolina FuenteAlba | Corporate Human Resources Manager | Profile | |
| Luis Fresno | Independent Director | Profile |