Capgemini Correlations
| CGM Stock | EUR 155.30 2.05 1.34% |
The current 90-days correlation between Capgemini SE and Cognizant Technology Solutions is 0.16 (i.e., Average diversification). The correlation of Capgemini 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.
Capgemini Correlation With Market
Average diversification
The correlation between Capgemini SE and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Capgemini SE and DJI in the same portfolio, assuming nothing else is changed.
Capgemini |
The ability to find closely correlated positions to Capgemini could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capgemini 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 Capgemini - 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 Capgemini SE to buy it.
Moving together with Capgemini Stock
Moving against Capgemini Stock
| 0.88 | 7RY | Ryerson Holding | PairCorr |
| 0.75 | 7PI | Poste Italiane SpA | PairCorr |
| 0.74 | UN3 | United Natural Foods | PairCorr |
| 0.73 | NSE | Nomura Holdings | PairCorr |
| 0.71 | COZ | Cognizant Technology | PairCorr |
| 0.69 | EK7 | AGRICUL BK CHINA | PairCorr |
| 0.61 | 3O8 | Omeros | PairCorr |
| 0.55 | CSA | Accenture plc | PairCorr |
| 0.48 | AI3B | AMADEUS IT GRP | PairCorr |
| 0.47 | AI3A | Amadeus IT Group | PairCorr |
| 0.38 | PP1 | Papa Johns International | PairCorr |
| 0.35 | VAR1 | Varta 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
|
Risk-Adjusted Indicators
There is a big difference between Capgemini Stock performing well and Capgemini 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 Capgemini'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CSA | 1.06 | 0.22 | 0.08 | 1.80 | 1.19 | 2.94 | 8.94 | |||
| COZ | 1.17 | 0.07 | 0.03 | 0.20 | 1.50 | 2.73 | 11.59 | |||
| 8SP | 2.10 | (0.08) | 0.00 | 0.28 | 0.00 | 3.38 | 20.22 | |||
| 6NM | 1.23 | 0.12 | (0.02) | (0.27) | 1.76 | 2.79 | 9.64 | |||
| 39O1 | 3.77 | 0.19 | 0.04 | 0.34 | 3.51 | 8.41 | 34.42 | |||
| 2DG | 3.89 | (1.59) | 0.00 | (2.90) | 0.00 | 6.45 | 52.42 | |||
| TLX | 0.97 | 0.00 | (0.06) | 0.00 | 1.13 | 2.67 | 7.58 | |||
| TM9 | 2.78 | (0.03) | (0.02) | 0.04 | 4.26 | 5.56 | 36.50 | |||
| INVN | 2.16 | 0.26 | 0.04 | (1.02) | 2.54 | 5.61 | 14.01 | |||
| IUI1 | 1.27 | 0.25 | 0.13 | 0.88 | 1.09 | 3.28 | 10.01 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Capgemini 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?
Run Cryptocurrency Center Now
Cryptocurrency CenterBuild and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |
| All Next | Launch Module |
Capgemini Corporate Management
Elected by the shareholders, the Capgemini's board of directors comprises two types of representatives: Capgemini inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Capgemini. The board's role is to monitor Capgemini's management team and ensure that shareholders' interests are well served. Capgemini'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, Capgemini's outside directors are responsible for providing unbiased perspectives on the board's policies.
| JeanPhilippe Bol | Director Board | Profile | |
| Cyril Garcia | Global Global | Profile | |
| Fernando Alvarez | Devel Strategy | Profile | |
| Franck Greverie | Cloud Portfolio | Profile | |
| Olivier Sevillia | Group Member | Profile | |
| Lucia SinapiThomas | Head Shareholders | Profile | |
| Anirban Bose | Director Board | Profile |