Mapfre SA Correlations
| CMAB Stock | EUR 4.21 0.03 0.71% |
The current 90-days correlation between Mapfre SA and First American Financial is 0.32 (i.e., Weak diversification). The correlation of Mapfre 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.
Mapfre SA Correlation With Market
Significant diversification
The correlation between Mapfre SA and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mapfre SA and DJI in the same portfolio, assuming nothing else is changed.
Mapfre |
The ability to find closely correlated positions to Mapfre 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 Mapfre 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 Mapfre 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 Mapfre SA to buy it.
Moving together with Mapfre Stock
| 0.83 | QPA1 | Trisura Group | PairCorr |
| 0.76 | YGB | EMPLOYERS HLDGS DL | PairCorr |
| 0.82 | 6FO | GOODTECH ASA A | PairCorr |
| 0.63 | CJ8A | CARGOJET INC VAR | PairCorr |
| 0.78 | PAE | PACCAR Inc | PairCorr |
| 0.71 | 7FP | Freshpet | PairCorr |
| 0.75 | A6O | Alior Bank SA | PairCorr |
| 0.85 | 1SZ | Santacruz Silver Mining Split | PairCorr |
| 0.69 | MHL | SP Global | PairCorr |
| 0.73 | LLD2 | Lloyds Banking Group | PairCorr |
| 0.71 | 02G | Guangzhou Automobile | PairCorr |
| 0.67 | 7NX | NEXON Co | PairCorr |
| 0.61 | YIT | YIT Oyj | PairCorr |
| 0.61 | NCB | Bank of America | PairCorr |
| 0.65 | KGX | KION Group AG | PairCorr |
Moving against Mapfre Stock
| 0.84 | ESLC | ESSILORLUXOTTICA 12ON | PairCorr |
| 0.66 | 3GU | nib holdings limited | PairCorr |
| 0.59 | PP1 | Papa Johns International | PairCorr |
| 0.49 | TPW | Trupanion | PairCorr |
| 0.35 | MLB1 | MercadoLibre | PairCorr |
| 0.48 | 99Q | ENTREPARTICULIERS EO | PairCorr |
| 0.63 | 4OV | Iron Road Limited | PairCorr |
| 0.61 | SW6 | Stag Industrial | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Mapfre Stock performing well and Mapfre 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 Mapfre 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CMAB | 1.13 | 0.04 | (0.03) | 0.67 | 1.25 | 2.11 | 5.90 | |||
| Y1F | 1.30 | 0.02 | (0.02) | 0.14 | 1.37 | 3.00 | 7.53 | |||
| DHU | 1.30 | 0.12 | 0.00 | (0.19) | 1.62 | 2.72 | 15.65 | |||
| RAG | 1.35 | (0.08) | 0.00 | (0.12) | 0.00 | 2.78 | 9.78 | |||
| 3GU | 1.81 | (0.07) | 0.00 | 0.33 | 0.00 | 4.59 | 13.45 | |||
| TPW | 1.61 | (0.32) | 0.00 | 3.66 | 0.00 | 2.88 | 15.37 | |||
| LNH | 1.23 | (0.02) | 0.00 | 0.16 | 0.00 | 2.92 | 9.67 | |||
| QPA1 | 1.39 | 0.24 | 0.10 | 0.56 | 1.39 | 3.05 | 9.64 | |||
| YGB | 1.20 | 0.15 | 0.03 | 85.40 | 1.73 | 2.60 | 9.18 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Mapfre 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?
Run Pair Correlation Now
Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments |
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Mapfre SA Corporate Management
Elected by the shareholders, the Mapfre SA's board of directors comprises two types of representatives: Mapfre SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mapfre. The board's role is to monitor Mapfre SA's management team and ensure that shareholders' interests are well served. Mapfre 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, Mapfre SA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Felipe Chicheri | Head Treasurer | Profile | |
| Eva Rojo | Group Officer | Profile | |
| Vanessa Garcia | Corp Area | Profile | |
| Angel Bermejo | G Sec | Profile | |
| Elena Isla | Group Officer | Profile | |
| Carla Diez | Chief Officer | Profile | |
| Antonio Mejias | Chairman CEO | Profile |