Vivendi SE Correlations
| VVVNF Stock | 6.00 3.74 165.49% |
The current 90-days correlation between Vivendi SE and Franklin Street Properties is 0.13 (i.e., Average diversification). The correlation of Vivendi SE 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.
Vivendi SE Correlation With Market
Average diversification
The correlation between Vivendi SE 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 Vivendi SE and DJI in the same portfolio, assuming nothing else is changed.
Vivendi |
The ability to find closely correlated positions to Vivendi SE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vivendi SE 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 Vivendi SE - 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 Vivendi SE to buy it.
Moving against Vivendi Pink Sheet
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| 0.8 | YLWDF | Yellow Pages Limited | PairCorr |
| 0.76 | GOOG | Alphabet Class C | PairCorr |
| 0.75 | AAPL | Apple Inc Aggressive Push | PairCorr |
| 0.75 | AMZN | Amazon Inc | PairCorr |
| 0.74 | DYAI | Dyadic International | PairCorr |
| 0.63 | C | Citigroup Fiscal Year End 10th of January 2025 | PairCorr |
| 0.62 | BKV | BKV Corporation | PairCorr |
| 0.6 | SUM | Summit Materials | PairCorr |
| 0.59 | LGCY | Legacy Education | PairCorr |
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| 0.55 | GBXI | GBX International | PairCorr |
| 0.54 | MSFT | Microsoft | PairCorr |
| 0.54 | BMY | Bristol Myers Squibb | PairCorr |
| 0.52 | ZENV | Zenvia Inc Tech Boost | PairCorr |
| 0.51 | CSSV | Caspian Services | PairCorr |
| 0.51 | CBSH | Commerce Bancshares Fiscal Year End 16th of January 2025 | PairCorr |
| 0.47 | META | Meta Platforms | PairCorr |
| 0.47 | VULNF | Vulcan Energy Resources | PairCorr |
| 0.44 | INVZ | Innoviz Technologies Buyout Trend | PairCorr |
| 0.42 | FBMS | First Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.35 | TRDA | Entrada Therapeutics | PairCorr |
| 0.32 | WBA | Walgreens Boots Alliance Sell-off Trend | PairCorr |
| 0.81 | TSLA | Tesla Inc Buyout Trend | PairCorr |
| 0.72 | SAPMF | Saipem SpA | PairCorr |
| 0.71 | GOOGL | Alphabet Class A | PairCorr |
| 0.7 | SMLR | Semler Scientific Upward Rally | PairCorr |
| 0.7 | CTRN | Citi Trends | PairCorr |
| 0.64 | WSM | Williams Sonoma | PairCorr |
| 0.64 | NTRA | Natera Inc | PairCorr |
| 0.63 | GIFI | Gulf Island Fabrication | PairCorr |
| 0.59 | BLK | BlackRock Fiscal Year End 10th of January 2025 | PairCorr |
| 0.55 | DASH | DoorDash, Class A | PairCorr |
| 0.54 | M | Macys Inc | PairCorr |
| 0.52 | GLABF | Gemina Laboratories Earnings Call Today | PairCorr |
Related Correlations Analysis
| 0.76 | 0.47 | 0.19 | 0.64 | 0.66 | FSP | ||
| 0.76 | 0.73 | 0.36 | 0.49 | 0.81 | MYRG | ||
| 0.47 | 0.73 | 0.46 | 0.24 | 0.88 | GFF | ||
| 0.19 | 0.36 | 0.46 | 0.6 | 0.61 | PKOH | ||
| 0.64 | 0.49 | 0.24 | 0.6 | 0.48 | SLG | ||
| 0.66 | 0.81 | 0.88 | 0.61 | 0.48 | RBC | ||
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Risk-Adjusted Indicators
There is a big difference between Vivendi Pink Sheet performing well and Vivendi SE 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 Vivendi SE'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FSP | 2.40 | 0.17 | 0.03 | (0.16) | 2.88 | 5.00 | 18.20 | |||
| MYRG | 2.01 | 0.62 | 0.32 | 0.42 | 1.51 | 5.84 | 19.36 | |||
| GFF | 1.68 | 0.12 | 0.05 | 0.31 | 1.84 | 3.03 | 22.89 | |||
| PKOH | 1.65 | (0.18) | 0.00 | (0.04) | 0.00 | 2.61 | 19.93 | |||
| SLG | 1.47 | (0.07) | 0.00 | (1.68) | 0.00 | 2.87 | 11.65 | |||
| RBC | 1.03 | (0.01) | 0.00 | 0.03 | 1.07 | 2.08 | 12.57 |
Vivendi SE Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Vivendi SE pink sheet to make a market-neutral strategy. Peer analysis of Vivendi SE could also be used in its relative valuation, which is a method of valuing Vivendi SE by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |