Perdoceo Education Correlations
| CE1 Stock | EUR 25.80 0.40 1.53% |
The current 90-days correlation between Perdoceo Education and SENECA FOODS A is 0.32 (i.e., Weak diversification). The correlation of Perdoceo Education 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.
Perdoceo Education Correlation With Market
Good diversification
The correlation between Perdoceo Education and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Perdoceo Education and DJI in the same portfolio, assuming nothing else is changed.
Perdoceo |
The ability to find closely correlated positions to Perdoceo Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perdoceo Education 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 Perdoceo Education - 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 Perdoceo Education to buy it.
Moving together with Perdoceo Stock
| 0.92 | GKD | Grand Canyon Education | PairCorr |
| 0.88 | WPOB | Graham Holdings | PairCorr |
| 0.94 | SQE | Strategic Education | PairCorr |
| 0.64 | 0CG | Chegg Inc | PairCorr |
| 0.95 | LA3A | Laureate Education | PairCorr |
| 0.74 | SDP | Summit Hotel Properties | PairCorr |
| 0.72 | MTX | MTU Aero Engines | PairCorr |
| 0.88 | 1FA | SPROUTS FARMERS MKT | PairCorr |
| 0.87 | FAA | FABASOFT Dusseldorf | PairCorr |
| 0.81 | ALS | Allstate Corp | PairCorr |
| 0.74 | GIFN | GigaMedia | PairCorr |
| 0.94 | LIE | SUN LIFE FINANCIAL | PairCorr |
| 0.62 | CEK | CEOTRONICS (CEKSG) | PairCorr |
| 0.74 | APC | Apple Inc | PairCorr |
| 0.93 | FOO | Salesforce | PairCorr |
| 0.7 | CFC | UET United Electronic | PairCorr |
| 0.84 | CRG | CRH plc | PairCorr |
| 0.88 | FOO0 | SALESFORCE INC CDR | PairCorr |
| 0.85 | BOV | Apyx Medical Corp | PairCorr |
| 0.65 | AAH | AHLERS | PairCorr |
Moving against Perdoceo Stock
| 0.83 | BYRA | PT Bank Rakyat | PairCorr |
| 0.82 | BYRA | BANK RAKYAT IND | PairCorr |
| 0.78 | PQ9 | PT Bank Mandiri | PairCorr |
| 0.76 | BYRA | BANK RAKYAT IND | PairCorr |
| 0.75 | 03F | IDP EDUCATION LTD | PairCorr |
| 0.72 | SSU | Samsung Electronics | PairCorr |
| 0.71 | SSU | Samsung Electronics | PairCorr |
| 0.65 | SSUN | Samsung Electronics | PairCorr |
| 0.63 | SSUN | Samsung Electronics | PairCorr |
| 0.6 | BYRA | PT Bank Rakyat | PairCorr |
| 0.54 | IZZ | TAL Education Group Earnings Call This Week | PairCorr |
| 0.82 | PQ9 | BANK MANDIRI | PairCorr |
| 0.43 | AMI | amalphi ag | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Perdoceo Stock performing well and Perdoceo Education 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 Perdoceo Education'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| XSFA | 1.58 | 0.35 | 0.14 | 1.84 | 1.75 | 3.91 | 13.83 | |||
| AZU | 0.58 | (0.01) | 0.00 | 0.26 | 0.00 | 1.13 | 3.54 | |||
| LWF | 2.09 | (0.08) | 0.00 | (0.41) | 0.00 | 5.26 | 21.93 | |||
| 9MF | 1.22 | 0.00 | 0.00 | 0.02 | 1.45 | 2.76 | 8.68 | |||
| A9F | 1.40 | 0.00 | 0.00 | 0.00 | 1.85 | 3.57 | 12.32 | |||
| PSAN | 0.78 | (0.02) | 0.00 | (0.36) | 0.00 | 1.36 | 4.98 | |||
| 6AH | 0.83 | (0.15) | 0.00 | 1.30 | 0.00 | 0.00 | 21.64 | |||
| D4V | 1.82 | 0.59 | 0.24 | 2.61 | 1.86 | 3.64 | 23.38 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Perdoceo Education 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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Perdoceo Education Corporate Management
Elected by the shareholders, the Perdoceo Education's board of directors comprises two types of representatives: Perdoceo Education inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Perdoceo. The board's role is to monitor Perdoceo Education's management team and ensure that shareholders' interests are well served. Perdoceo Education'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, Perdoceo Education's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ashish Ghia | VP CFO | Profile | |
| David Czeszewski | VP Officer | Profile | |
| Christina Kline | Chief Officer | Profile | |
| Virginia Carpenter | Managing Division | Profile | |
| Todd Nelson | Ex Chairman | Profile | |
| John Kline | VP System | Profile | |
| Deborah Snyder | Chief Group | Profile |