Quad Graphics Correlations

QUAD Stock

USD 5.72 0.21 3.81%

The current 90-days correlation between Quad Graphics and Maximus is -0.05 (i.e., Good diversification). The correlation of Quad Graphics 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.

Quad Graphics Correlation With Market

Very good diversification

The correlation between Quad Graphics and DJI is -0.22 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quad Graphics and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quad Graphics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For information on how to trade Quad Stock refer to our How to Trade Quad Stock guide.

Moving together with Quad Stock

0.64	FA	First Advantage Corp	Pair Corr
0.76	TH	Target Hospitality Corp	Pair Corr
0.65	DLHC	DLH Holdings Corp	Pair Corr
0.73	CBZ	CBIZ Inc	Pair Corr
0.79	GPN	Global Payments	Pair Corr
0.66	SST	System1	Pair Corr
0.73	PRSU	Pursuit Attractions and Symbol Change	Pair Corr
0.84	SGRP	SPAR Group	Pair Corr
0.92	CPRT	Copart Inc	Pair Corr
0.72	J	Jacobs Solutions	Pair Corr

Moving against Quad Stock

0.72	LICN	Lichen China Limited	Pair Corr
0.54	PC	Premium Catering	Pair Corr
0.49	RBA	RB Global	Pair Corr
0.41	LZ	LegalZoom	Pair Corr

Related Correlations Analysis

	MMS	PFSW	CBZ	FA	NTIP	PFMT	RTO	WHLM	MADGF	CVEO
MMS		0.0	0.37	0.36	0.15	0.0	-0.08	0.0	-0.68	-0.01	MMS
PFSW	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	PFSW
CBZ	0.37	0.0		0.89	0.09	0.0	0.67	0.0	-0.17	0.65	CBZ
FA	0.36	0.0	0.89		-0.11	0.0	0.78	0.0	-0.2	0.54	FA
NTIP	0.15	0.0	0.09	-0.11		0.0	-0.15	0.0	-0.22	0.3	NTIP
PFMT	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	PFMT
RTO	-0.08	0.0	0.67	0.78	-0.15	0.0		0.0	0.05	0.44	RTO
WHLM	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	WHLM
MADGF	-0.68	0.0	-0.17	-0.2	-0.22	0.0	0.05	0.0		0.08	MADGF
CVEO	-0.01	0.0	0.65	0.54	0.3	0.0	0.44	0.0	0.08		CVEO
	MMS	PFSW	CBZ	FA	NTIP	PFMT	RTO	WHLM	MADGF	CVEO

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

FA	+ 0.89	CBZ
RTO	+ 0.78	FA
RTO	+ 0.67	CBZ
CVEO	+ 0.65	CBZ
CVEO	+ 0.54	FA
CVEO	+ 0.44	RTO

High negative correlations

MADGF	- 0.68	MMS
MADGF	- 0.22	NTIP
MADGF	- 0.2	FA
MADGF	- 0.17	CBZ
RTO	- 0.15	NTIP
NTIP	- 0.11	FA

Risk-Adjusted Indicators

There is a big difference between Quad Stock performing well and Quad Graphics 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 Quad Graphics' 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
MMS	1.29	(0.01)	0.00	(0.09)	0.00	0.00	2.55	(2.51)	10.72
PFSW	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CBZ	1.24	(0.03)	0.00	(0.11)	0.00	0.00	2.07	(3.27)	7.78
FA	1.71	(0.46)	0.00	(0.60)	0.00	0.00	2.68	(4.35)	17.95
NTIP	1.49	0.07	0.05	0.07	1.91	(1.86)	3.25	(3.15)	10.73
PFMT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
RTO	1.58	(0.19)	0.00	(0.24)	0.00	0.00	2.32	(4.92)	13.47
WHLM	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MADGF	0.40	0.15	0.00	(0.37)	0.00	0.00	0.00	0.00	12.04
CVEO	1.76	0.00	0.02	(0.06)	3.54	(1.81)	3.79	(2.27)	25.93

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC