Atacado SA Correlations
| ATAAYDelisted Stock | USD 14.54 0.00 0.00% |
The current 90-days correlation between Atacado SA and Transportadora de Gas is 0.24 (i.e., Modest diversification). The correlation of Atacado SA 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.
Atacado |
The ability to find closely correlated positions to Atacado SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atacado SA 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 Atacado SA - 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 Atacado SA to buy it.
Moving together with Atacado Pink Sheet
| 0.78 | USFD | US Foods Holding | PairCorr |
| 0.66 | PFGC | Performance Food | PairCorr |
| 0.74 | CRM | Salesforce Earnings Call This Week | PairCorr |
| 0.74 | ATOM | Atomera | PairCorr |
| 0.75 | V | Visa Class A | PairCorr |
| 0.82 | IBKR | Interactive Brokers Fiscal Year End 21st of January 2025 | PairCorr |
| 0.7 | DOCU | DocuSign Earnings Call This Week | PairCorr |
| 0.61 | MTDR | Matador Resources | PairCorr |
| 0.69 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.88 | SPOT | Spotify Technology | PairCorr |
| 0.76 | SFM | Sprouts Farmers Market | PairCorr |
| 0.76 | DASH | DoorDash, Class A | PairCorr |
| 0.79 | FTAIM | FTAI Aviation | PairCorr |
| 0.83 | LYV | Live Nation Entertainment | PairCorr |
| 0.79 | TSLA | Tesla Inc Aggressive Push | PairCorr |
Moving against Atacado Pink Sheet
| 0.85 | SWZNF | Schweizerische Nationalbank | PairCorr |
| 0.62 | HYMTF | Hyundai Motor | PairCorr |
| 0.61 | PKX | POSCO Holdings | PairCorr |
| 0.54 | BZLFY | Bunzl plc | PairCorr |
| 0.36 | PTIXW | Protagenic Therapeutics | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Atacado Pink Sheet performing well and Atacado SA 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 Atacado SA'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WEC | 0.71 | 0.11 | 0.01 | 0.56 | 0.63 | 1.59 | 3.31 | |||
| GO | 2.64 | (0.09) | 0.02 | 0.09 | 3.75 | 5.45 | 21.42 | |||
| TGS | 2.22 | 0.73 | 0.25 | 3.39 | 1.94 | 6.42 | 12.65 | |||
| ARIS | 2.63 | 0.58 | 0.21 | 0.41 | 2.51 | 6.44 | 29.22 | |||
| NRG | 1.81 | 0.33 | 0.11 | 0.84 | 2.12 | 3.63 | 12.36 |
Atacado SA 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 Atacado SA pink sheet to make a market-neutral strategy. Peer analysis of Atacado SA could also be used in its relative valuation, which is a method of valuing Atacado SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Atacado SA Corporate Management
| Daniela Bretthauer | Director Relations | Profile | |
| Sbastien Durchon | Member Board | Profile | |
| David Murciano | Chief Officer | Profile | |
| Jose Mussnich | Member Board | Profile | |
| Stephane Maquaire | Chief Brasil | Profile | |
| Marco Oliveira | CEO Board | Profile | |
| Charles Desmartis | Member Directors | Profile |
Still Interested in Atacado SA?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.