Bic Camera Correlations
| 1U3 Stock | EUR 9.50 0.15 1.60% |
The current 90-days correlation between Bic Camera and Grand Canyon Education is -0.04 (i.e., Good diversification). The correlation of Bic Camera 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.
Bic Camera Correlation With Market
Very poor diversification
The correlation between Bic Camera and DJI is 0.83 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bic Camera and DJI in the same portfolio, assuming nothing else is changed.
Bic |
The ability to find closely correlated positions to Bic Camera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bic Camera 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 Bic Camera - 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 Bic Camera to buy it.
Moving together with Bic Stock
| 0.71 | 2ES | Industrial Infrastructure | PairCorr |
| 0.62 | 7ZY | ACTIVIA PROPERTINC REIT | PairCorr |
| 0.68 | ADH2 | Air Canada | PairCorr |
| 0.82 | HIUC | China Taiping Insurance | PairCorr |
| 0.89 | ASME | ASML Holding NV | PairCorr |
| 0.93 | 10N | Enter Air SA | PairCorr |
| 0.71 | ADB | Adobe Inc | PairCorr |
| 0.88 | G40 | GDS Holdings Limited | PairCorr |
| 0.83 | ELG | Elmos Semiconductor Earnings Call This Week | PairCorr |
| 0.87 | LA3A | Laureate Education Earnings Call Tomorrow | PairCorr |
| 0.92 | SII | Wheaton Precious Metals | PairCorr |
| 0.81 | PPQ | PPG INDUSTRIES | PairCorr |
| 0.89 | TQI | TELECOM ITALIA | PairCorr |
| 0.66 | GPT | Genuine Parts | PairCorr |
| 0.66 | LOR | LOral SA | PairCorr |
| 0.67 | 3YC | STV GROUP PLC | PairCorr |
| 0.93 | TGE1 | MOBILEZONE N | PairCorr |
| 0.77 | ZNHH | China Southern Airlines | PairCorr |
| 0.9 | BSI | BE Semiconductor Ind Earnings Call Tomorrow | PairCorr |
| 0.91 | FPP0 | ALTYNGOLD PLC LS | PairCorr |
| 0.83 | RATV | Raisio plc | PairCorr |
| 0.73 | 6VD | BD MULTI MEDIA Split | PairCorr |
| 0.92 | HBC1 | HSBC Holdings plc Earnings Call This Week | PairCorr |
Moving against Bic Stock
| 0.66 | JUA | Japan Real Estate | PairCorr |
| 0.61 | K9R | KENEDIX OFFICE INV | PairCorr |
| 0.46 | O2F | ORIX JREIT INC | PairCorr |
| 0.82 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.59 | 777 | EUROSPORTS GLOBAL LTD | PairCorr |
| 0.36 | KMY | Kimberly Clark | PairCorr |
Related Correlations Analysis
| 0.87 | 0.29 | -0.04 | 0.0 | 0.25 | 0.68 | GKD | ||
| 0.87 | 0.35 | -0.01 | 0.0 | 0.39 | 0.79 | DVY | ||
| 0.29 | 0.35 | -0.21 | 0.0 | 0.31 | 0.4 | SQE | ||
| -0.04 | -0.01 | -0.21 | 0.0 | 0.13 | -0.09 | 6LA | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 4P7 | ||
| 0.25 | 0.39 | 0.31 | 0.13 | 0.0 | 0.75 | D2V | ||
| 0.68 | 0.79 | 0.4 | -0.09 | 0.0 | 0.75 | 55G0 | ||
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 Bic Stock performing well and Bic Camera 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 Bic Camera'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GKD | 1.49 | (0.04) | 0.00 | 0.26 | 0.00 | 3.55 | 9.85 | |||
| DVY | 1.79 | 0.02 | 0.00 | 0.02 | 0.00 | 3.27 | 16.82 | |||
| SQE | 0.71 | 0.08 | 0.01 | (0.22) | 1.00 | 2.22 | 7.43 | |||
| 6LA | 1.04 | 0.10 | 0.03 | (0.46) | 1.02 | 1.89 | 6.51 | |||
| 4P7 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| D2V | 1.80 | 0.42 | 0.17 | 1.28 | 1.82 | 4.82 | 11.86 | |||
| 55G0 | 4.01 | 0.52 | 0.10 | 2.18 | 4.33 | 7.61 | 26.68 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bic Camera 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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Bic Camera Corporate Management
Elected by the shareholders, the Bic Camera's board of directors comprises two types of representatives: Bic Camera inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bic. The board's role is to monitor Bic Camera's management team and ensure that shareholders' interests are well served. Bic Camera'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, Bic Camera's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Masato Morioka | Executive Officer, Senior Director of Group Internal Control | Profile | |
| Kiichiro Aizawa | Executive Officer, Director of Legal | Profile | |
| Koichi Sasaki | Executive Officer, Manager of Human Resource Development in Human Resource Unit | Profile | |
| Mitsuhiro Maeda | Executive Officer, Manager of Development Office | Profile | |
| Masaaki Sato | Independent Director | Profile |