SRP Groupe Correlations
| SRP Stock | EUR 0.77 0.04 4.94% |
The current 90-days correlation between SRP Groupe SA and Piscines Desjoyaux SA is 0.01 (i.e., Significant diversification). The correlation of SRP Groupe 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.
SRP Groupe Correlation With Market
Average diversification
The correlation between SRP Groupe SA and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SRP Groupe SA and DJI in the same portfolio, assuming nothing else is changed.
SRP |
The ability to find closely correlated positions to SRP Groupe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SRP Groupe 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 SRP Groupe - 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 SRP Groupe SA to buy it.
Moving together with SRP Stock
| 0.9 | ALVU | Vente Unique | PairCorr |
| 0.79 | ALCAR | Carmat | PairCorr |
| 0.81 | BUI | Barbara Bui SA | PairCorr |
| 0.8 | NANO | Nanobiotix SA | PairCorr |
Moving against SRP Stock
| 0.91 | FINM | Financiere Marjos | PairCorr |
| 0.84 | EC | TotalEnergies EP Gabon | PairCorr |
| 0.8 | ENX | Euronext NV | PairCorr |
| 0.75 | SCR | SCOR SE | PairCorr |
| 0.73 | RNO | Renault SA | PairCorr |
| 0.71 | CAF | Caisse Rgionale de | PairCorr |
| 0.71 | CRLO | Caisse Regionale | PairCorr |
| 0.61 | MLCFD | Compagnie de Chemins | PairCorr |
| 0.57 | JCQ | Jacquet Metal Service | PairCorr |
| 0.57 | SGO | Compagnie de Saint | PairCorr |
| 0.56 | OPM | OPmobility SE | PairCorr |
| 0.5 | ALNEO | Neotion SA | PairCorr |
| 0.47 | VCT | Vicat SA | PairCorr |
| 0.39 | ALHGO | Hamilton Global Oppo | PairCorr |
| 0.92 | ALKKO | Kko International | PairCorr |
| 0.88 | ALMIB | Amoeba SA | PairCorr |
| 0.83 | WLN | Worldline SA | PairCorr |
| 0.8 | AC | Accor S A | PairCorr |
| 0.8 | PARRO | Parrot | PairCorr |
| 0.79 | VK | Vallourec | PairCorr |
| 0.78 | AIR | Airbus Group SE | PairCorr |
| 0.72 | ALO | Alstom SA | PairCorr |
| 0.71 | EL | EssilorLuxottica S | PairCorr |
| 0.68 | AXW | Axway Software | PairCorr |
| 0.67 | TE | Technip Energies | PairCorr |
| 0.66 | RMS | Hermes International SCA | PairCorr |
| 0.65 | CIV | Caisse Regionale | PairCorr |
| 0.65 | ALARF | Adeunis | PairCorr |
Related Correlations Analysis
| 0.62 | 0.46 | 0.52 | -0.2 | ALPDX | ||
| 0.62 | 0.91 | 0.91 | -0.52 | ALLDL | ||
| 0.46 | 0.91 | 0.89 | -0.54 | CAFO | ||
| 0.52 | 0.91 | 0.89 | -0.43 | AKW | ||
| -0.2 | -0.52 | -0.54 | -0.43 | CATG | ||
| 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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between SRP Stock performing well and SRP Groupe 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 SRP Groupe'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ALPDX | 0.87 | (0.11) | 0.00 | (0.39) | 0.00 | 1.69 | 5.78 | |||
| ALLDL | 1.92 | (0.78) | 0.00 | (1.89) | 0.00 | 3.69 | 13.05 | |||
| CAFO | 0.85 | (0.14) | 0.00 | 0.87 | 0.00 | 2.00 | 6.77 | |||
| AKW | 1.42 | (0.28) | 0.00 | 2.12 | 0.00 | 2.56 | 12.06 | |||
| CATG | 1.53 | 0.06 | 0.01 | (0.88) | 1.69 | 3.37 | 11.87 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in SRP Groupe 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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Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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SRP Groupe Corporate Management
Elected by the shareholders, the SRP Groupe's board of directors comprises two types of representatives: SRP Groupe inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SRP. The board's role is to monitor SRP Groupe's management team and ensure that shareholders' interests are well served. SRP Groupe'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, SRP Groupe's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Francois Castelnau | Deputy CFO | Profile | |
| Stephane Ploujoux | Sales Director | Profile | |
| Adeline Pastor | Head relations | Profile | |
| David Dayan | Chairman CoFounder | Profile | |
| Frederic Delale | Chief Officer | Profile | |
| Hakim Makhlouf | Chief Officer | Profile |