Capcom Co Correlations

CCOEY Stock  USD 10.06  0.46  4.37%   
The current 90-days correlation between Capcom Co and Square Enix Holdings is 0.04 (i.e., Significant diversification). The correlation of Capcom Co 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.

Capcom Co Correlation With Market

Excellent diversification

The correlation between Capcom Co Ltd and DJI is -0.58 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Capcom Co Ltd and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Capcom Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capcom Co 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 Capcom Co - 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 Capcom Co Ltd to buy it.

Moving together with Capcom Pink Sheet

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Moving against Capcom Pink Sheet

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Related Correlations Analysis


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

RXLSFRXEEY
OCLCFSOTGY
KSFTFSOTGY
SNPTFKSFTF
KSFTFOCLCF
BYDIYSOTGY
  

High negative correlations

RXEEYKSFTF
RXLSFOCLCF
RXLSFKSFTF
RXEEYOCLCF
RXLSFSOTGY
RXEEYSOTGY

Risk-Adjusted Indicators

There is a big difference between Capcom Pink Sheet performing well and Capcom Co 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 Capcom Co'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
SQNNY  3.08 (0.03) 0.00  0.28  0.00 
 12.03 
 29.71 
SOTGY  2.38 (0.27) 0.00 (0.41) 0.00 
 4.62 
 16.09 
SQNXF  1.11 (0.07) 0.00 (3.32) 0.00 
 2.42 
 23.06 
BYDIY  2.37 (0.18) 0.00 (0.08) 0.00 
 5.10 
 17.38 
OCLCF  1.05 (0.55) 0.00  13.76  0.00 
 0.00 
 30.04 
KSFTF  0.51 (0.25) 0.00  0.67  0.00 
 0.00 
 13.18 
SNPTF  0.98 (0.40) 0.00  1.24  0.00 
 0.00 
 18.76 
RXEEY  1.38  0.36  0.17  0.69  1.70 
 3.28 
 9.93 
RXLSF  1.09  0.38  0.11  25.82  0.79 
 3.42 
 10.65 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Capcom Co 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.

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Capcom Co Corporate Management

Yoshonori IshidaExec DirectorProfile
Motohide ImaizumiManaging Executive OfficerProfile
Nobuyuki MatsushimaManaging Executive OfficerProfile
Jun TakeuchiManaging Executive OfficerProfile
Kenkichi NomuraHead of Fin. and Accounting Division and Executive Support, Public and Investor Relations Division and Managing Corporate OfficerProfile