Pierre Et Correlations

VAC Stock

EUR 1.50 0.01 0.67%

The current 90-days correlation between Pierre et Vacances and Seche Environnem is -0.05 (i.e., Good diversification). The correlation of Pierre Et 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.

Pierre Et Correlation With Market

Average diversification

The correlation between Pierre et Vacances and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pierre et Vacances and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Pierre Et could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pierre Et 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 Pierre Et - 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 Pierre et Vacances to buy it.

Moving together with Pierre Stock

0.64

Accor S A

Pair Corr

Moving against Pierre Stock

0.52	LOCAL	Solocal Group SA	Pair Corr
0.49	MLHOT	Hotelim Socit Anonyme	Pair Corr
0.46	MLHBP	Hoteles Bestprice	Pair Corr

Related Correlations Analysis

	SEC	ALSOG	GTT	SCHP	MLHOT	COVH	ALODY	MLCMG
SEC		0.87	0.24	-0.29	0.77	0.54	0.49	-0.5	SEC
ALSOG	0.87		0.36	-0.11	0.83	0.66	0.52	-0.67	ALSOG
GTT	0.24	0.36		0.32	0.16	0.35	0.59	-0.48	GTT
SCHP	-0.29	-0.11	0.32		-0.24	0.16	0.23	-0.39	SCHP
MLHOT	0.77	0.83	0.16	-0.24		0.6	0.47	-0.57	MLHOT
COVH	0.54	0.66	0.35	0.16	0.6		0.3	-0.64	COVH
ALODY	0.49	0.52	0.59	0.23	0.47	0.3		-0.55	ALODY
MLCMG	-0.5	-0.67	-0.48	-0.39	-0.57	-0.64	-0.55		MLCMG
	SEC	ALSOG	GTT	SCHP	MLHOT	COVH	ALODY	MLCMG

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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

ALSOG	+ 0.87	SEC
MLHOT	+ 0.83	ALSOG
MLHOT	+ 0.77	SEC
COVH	+ 0.66	ALSOG
COVH	+ 0.6	MLHOT
ALODY	+ 0.59	GTT

High negative correlations

MLCMG	- 0.67	ALSOG
MLCMG	- 0.64	COVH
MLCMG	- 0.57	MLHOT
MLCMG	- 0.55	ALODY
MLCMG	- 0.5	SEC
MLCMG	- 0.48	GTT

Risk-Adjusted Indicators

There is a big difference between Pierre Stock performing well and Pierre Et 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 Pierre Et'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
SEC	2.74	0.42	0.06	0.75	3.42	(7.35)	10.09	(7.38)	33.86
ALSOG	1.60	0.37	0.34	(0.48)	0.87	(2.84)	5.00	(2.14)	13.43
GTT	1.55	0.17	0.14	(0.60)	1.68	(1.90)	3.27	(3.67)	21.81
SCHP	1.77	0.11	0.03	0.06	3.23	(1.73)	3.39	(2.58)	16.91
MLHOT	0.37	0.07	0.00	(0.30)	0.00	0.00	0.00	0.00	6.09
COVH	1.09	0.24	0.27	(1.36)	0.80	(1.64)	3.09	(1.38)	12.10
ALODY	1.94	0.40	0.21	2.39	1.81	(2.53)	5.29	(2.78)	13.34
MLCMG	0.91	(0.13)	0.00	(0.81)	0.00	0.00	1.89	(2.40)	16.67

Be your own money manager

Our tools can tell you how much better you can do entering a position in Pierre Et 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.

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Pierre Et Corporate Management

Elected by the shareholders, the Pierre Et's board of directors comprises two types of representatives: Pierre Et inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pierre. The board's role is to monitor Pierre Et's management team and ensure that shareholders' interests are well served. Pierre Et'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, Pierre Et's outside directors are responsible for providing unbiased perspectives on the board's policies.

Franck Gervais	CEO Director	Profile
Emeline Laut	Investor Operations	Profile
Philippe Lederman	Group Officer	Profile
Grgory Sion	Chief Vacances	Profile
Audrey Brayer	Head IT	Profile
Xavier Desaulles	Chief Adagio	Profile
Nicolas Beaurain	Chief maeva	Profile

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