Comcast Corp Correlations
| CMCSA Stock | USD 28.81 0.11 0.38% |
The current 90-days correlation between Comcast Corp and ATT Inc is 0.35 (i.e., Weak diversification). The correlation of Comcast Corp 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.
Comcast Corp Correlation With Market
Poor diversification
The correlation between Comcast Corp and DJI is 0.74 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Comcast Corp and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Comcast Stock
| 0.78 | COCSF | Coca Cola FEMSA | PairCorr |
| 0.72 | SRMMF | Sarama Resources | PairCorr |
| 0.66 | DHC | Diversified Healthcare | PairCorr |
| 0.79 | NEM | Newmont Goldcorp Corp Aggressive Push | PairCorr |
| 0.81 | ZIJMY | Zijin Mining Group | PairCorr |
| 0.83 | RYCEY | Rolls Royce Holdings | PairCorr |
| 0.72 | FNV | Franco Nevada | PairCorr |
| 0.78 | NXST | Nexstar Broadcasting | PairCorr |
| 0.86 | FELE | Franklin Electric | PairCorr |
| 0.8 | NHYDY | Norsk Hydro ASA | PairCorr |
| 0.63 | IGTA | Inception Growth Acq | PairCorr |
| 0.78 | BTU | Peabody Energy Corp | PairCorr |
| 0.75 | TSGZF | Tristar Gold | PairCorr |
Moving against Comcast Stock
| 0.6 | 600996 | Guizhou BroadcastingTV | PairCorr |
| 0.49 | 600831 | Shaanxi Broadcast | PairCorr |
| 0.49 | PKKFF | Tenet Fintech Group | PairCorr |
| 0.47 | BKLRF | Berkeley Energy | PairCorr |
| 0.47 | OCEA | Ocean Biomedical | PairCorr |
| 0.46 | EDN | Empresa Distribuidora | PairCorr |
| 0.43 | SIRI | Sirius XM Holding | PairCorr |
| 0.72 | AFFL | Affiliated Resources Corp | PairCorr |
| 0.39 | PIFYF | Pine Cliff Energy | 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 Comcast Stock performing well and Comcast Corp 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 Comcast Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| T | 0.88 | (0.17) | 0.00 | (0.41) | 0.00 | 1.53 | 4.30 | |||
| AMX | 0.89 | (0.08) | 0.00 | (1.45) | 0.00 | 1.66 | 6.07 | |||
| DASH | 2.06 | (0.31) | 0.00 | (0.32) | 0.00 | 4.00 | 19.47 | |||
| CHTR | 1.58 | (0.52) | 0.00 | (0.31) | 0.00 | 2.56 | 8.51 | |||
| RCI | 0.89 | (0.03) | 0.00 | (0.10) | 0.00 | 1.81 | 5.62 | |||
| LBRDA | 1.60 | (0.51) | 0.00 | (0.29) | 0.00 | 2.54 | 8.90 | |||
| RELX | 1.01 | (0.36) | 0.00 | (0.37) | 0.00 | 1.73 | 9.02 | |||
| VZ | 0.87 | (0.01) | (0.05) | 0.02 | 1.34 | 1.98 | 5.34 |
Comcast Corp Corporate Management
| Jason Armstrong | Chief Officer | Profile | |
| Jeffrey Shell | Chief NBCUniversal | Profile | |
| Adam Miller | Chief NBCUniversal | Profile | |
| Samuel Schwartz | Chief Platforms | Profile |