Vinci Partners Correlations

VINP Stock

USD 10.06 0.15 1.51%

The current 90-days correlation between Vinci Partners Inves and P10 Inc is 0.22 (i.e., Modest diversification). The correlation of Vinci Partners 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.

Vinci Partners Correlation With Market

Modest diversification

The correlation between Vinci Partners Investments and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vinci Partners Investments and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vinci Partners Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with Vinci Stock

0.75	IVZ	Invesco Plc	Pair Corr
0.71	JHG	Janus Henderson Group	Pair Corr
0.63	NMFC	New Mountain Finance	Pair Corr
0.67	APAM	Artisan Partners Asset	Pair Corr
0.74	UPST	Upstart Holdings Downward Rally	Pair Corr
0.64	AC	Associated Capital	Pair Corr
0.73	BY	Byline Bancorp	Pair Corr

Related Correlations Analysis

	OWL	PX	DHIL	CION	VKQ	VGM	IQI	VMO	CXE	VKI
OWL		0.5	-0.01	-0.04	0.04	0.07	-0.04	0.07	-0.04	0.01	OWL
PX	0.5		0.29	-0.11	0.47	0.52	0.4	0.49	0.34	0.4	PX
DHIL	-0.01	0.29		-0.42	0.21	0.26	0.22	0.33	0.42	0.34	DHIL
CION	-0.04	-0.11	-0.42		0.45	0.36	0.47	0.37	0.35	0.43	CION
VKQ	0.04	0.47	0.21	0.45		0.97	0.92	0.97	0.8	0.94	VKQ
VGM	0.07	0.52	0.26	0.36	0.97		0.88	0.97	0.8	0.92	VGM
IQI	-0.04	0.4	0.22	0.47	0.92	0.88		0.92	0.9	0.91	IQI
VMO	0.07	0.49	0.33	0.37	0.97	0.97	0.92		0.85	0.96	VMO
CXE	-0.04	0.34	0.42	0.35	0.8	0.8	0.9	0.85		0.87	CXE
VKI	0.01	0.4	0.34	0.43	0.94	0.92	0.91	0.96	0.87		VKI
	OWL	PX	DHIL	CION	VKQ	VGM	IQI	VMO	CXE	VKI

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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

VGM	+ 0.97	VKQ
VMO	+ 0.97	VKQ
VMO	+ 0.97	VGM
VKI	+ 0.96	VMO
VKI	+ 0.94	VKQ
IQI	+ 0.92	VKQ

High negative correlations

CION	- 0.42	DHIL
CION	- 0.11	PX
CXE	- 0.04	OWL
IQI	- 0.04	OWL
CION	- 0.04	OWL
DHIL	- 0.01	OWL

Risk-Adjusted Indicators

There is a big difference between Vinci Stock performing well and Vinci Partners 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 Vinci Partners' 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
OWL	1.74	(0.10)	0.00	(0.09)	0.00	0.00	3.65	(4.20)	11.59
PX	1.60	0.08	0.04	0.08	1.92	(1.74)	3.51	(3.36)	12.00
DHIL	0.85	(0.21)	0.00	(0.24)	0.00	0.00	1.43	(2.53)	5.44
CION	0.80	0.16	0.17	0.67	0.78	(0.97)	1.58	(1.60)	4.65
VKQ	0.54	0.03	0.03	0.10	0.59	(0.64)	1.10	(1.09)	3.29
VGM	0.53	0.03	0.03	0.15	0.64	(0.55)	1.10	(1.18)	3.46
IQI	0.48	0.02	0.03	(0.49)	0.48	(0.63)	1.33	(0.83)	3.07
VMO	0.46	0.02	0.02	0.11	0.52	(0.55)	1.06	(1.13)	2.36
CXE	0.58	0.02	0.01	(0.13)	0.72	(0.63)	1.34	(1.33)	4.08
VKI	0.54	0.00	0.00	0.03	0.76	(0.51)	1.18	(1.03)	3.67

Vinci Partners Corporate Management

Alessandro CFA	CEO Director	Profile
Sergio Ribeiro	COO CFO	Profile
Anna Santos	Investor Manager	Profile
Bruno Zaremba	Chairman Relations	Profile

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