CAP SA Correlations
| CAP Stock | CLP 7,000 152.10 2.13% |
The current 90-days correlation between CAP SA and Sociedad Qumica y is 0.08 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CAP SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CAP SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
CAP SA Correlation With Market
Very poor diversification
The correlation between CAP SA and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CAP SA and DJI in the same portfolio, assuming nothing else is changed.
CAP |
The ability to find closely correlated positions to CAP 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 CAP 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 CAP 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 CAP SA to buy it.
Moving together with CAP Stock
| 0.92 | AAISA | Administradora Americana | PairCorr |
| 0.72 | INGEVEC | Ingevec | PairCorr |
| 0.74 | BESALCO | Besalco Sa | PairCorr |
| 0.9 | BLUMAR | Blumar | PairCorr |
| 0.72 | BSANTANDER | Banco Santander Chile | PairCorr |
| 0.86 | EMBONOR-B | Coca Cola Embonor | PairCorr |
| 0.9 | LTM | LATAM Airlines Group | PairCorr |
| 0.93 | MOLLER | Moller Y Perez | PairCorr |
| 0.93 | SQM-A | Sociedad Qumica y | PairCorr |
| 0.79 | FALABELLA | Falabella | PairCorr |
| 0.66 | PROVIDA | AFP Provida | PairCorr |
| 0.69 | MASISA | Masisa | PairCorr |
| 0.68 | CEMARGOSCL | Cementos Argos SA Earnings Call This Week | PairCorr |
| 0.87 | ENAEX | Enaex SA | PairCorr |
| 0.91 | IAM | Inversiones Aguas | PairCorr |
Related Correlations Analysis
| 0.65 | 0.67 | 0.6 | 0.39 | VAPORES | ||
| 0.65 | 0.6 | 0.84 | 0.61 | SQM-B | ||
| 0.67 | 0.6 | 0.78 | 0.71 | CENCOSUD | ||
| 0.6 | 0.84 | 0.78 | 0.76 | COPEC | ||
| 0.39 | 0.61 | 0.71 | 0.76 | FALABELLA | ||
Risk-Adjusted Indicators
There is a big difference between CAP Stock performing well and CAP 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 CAP 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VAPORES | 1.01 | (0.01) | (0.03) | 0.03 | 1.36 | 2.13 | 8.16 | |||
| SQM-B | 2.21 | 0.38 | 0.16 | 19.37 | 1.92 | 5.01 | 16.60 | |||
| CENCOSUD | 1.23 | 0.05 | 0.01 | 0.16 | 1.45 | 2.82 | 7.61 | |||
| COPEC | 1.02 | 0.10 | 0.05 | 0.43 | 1.04 | 2.31 | 6.16 | |||
| FALABELLA | 1.34 | 0.08 | 0.02 | 0.21 | 1.76 | 2.80 | 9.68 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in CAP SA 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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CAP SA Corporate Management
Elected by the shareholders, the CAP SA's board of directors comprises two types of representatives: CAP SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CAP. The board's role is to monitor CAP SA's management team and ensure that shareholders' interests are well served. CAP SA'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, CAP SA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Patricio Valdivia | G Accountant | Profile | |
| Francisco Contesse | Corp Mang | Profile | |
| Patricio Moenne | Head Planning | Profile | |
| Marcel Mateljan | Risk Strategy | Profile | |
| Rene Corbeaux | Chief A | Profile | |
| Julio Planella | Corp Mang | Profile | |
| Stefan Osorio | Chief Economic Officer | Profile |