Cresud SACIF Correlations

CRESW Stock

USD 0.92 0.09 8.91%

The current 90-days correlation between Cresud SACIF y and Griffon is -0.12 (i.e., Good diversification). The correlation of Cresud SACIF 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.

Cresud SACIF Correlation With Market

Good diversification

The correlation between Cresud SACIF y and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cresud SACIF y and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cresud SACIF y. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with Cresud Stock

0.82	GBX	Greenbrier Companies	Pair Corr
0.74	GFF	Griffon	Pair Corr
0.78	FSTR	LB Foster	Pair Corr
0.7	HON	Honeywell International	Pair Corr
0.74	TRN	Trinity Industries	Pair Corr
0.77	WAB	Westinghouse Air Brake	Pair Corr
0.62	B	Barnes Group	Pair Corr
0.77	R	Ryder System	Pair Corr
0.84	DIST	Distoken Acquisition	Pair Corr
0.76	AL	Air Lease	Pair Corr
0.81	AZ	A2Z Smart Technologies	Pair Corr
0.75	BE	Bloom Energy Corp	Pair Corr
0.74	CR	Crane Company	Pair Corr
0.67	CW	Curtiss Wright	Pair Corr
0.62	DE	Deere Company	Pair Corr
0.69	IR	Ingersoll Rand	Pair Corr
0.64	LZ	LegalZoom	Pair Corr

Moving against Cresud Stock

0.73	CP	Canadian Pacific Railway	Pair Corr
0.64	EFSH	1847 Holdings LLC	Pair Corr
0.6	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.57	WPRT	Westport Fuel Systems	Pair Corr
0.77	CODI-PA	Compass Diversified	Pair Corr
0.66	RR	Richtech Robotics Class	Pair Corr
0.65	DLHC	DLH Holdings Corp Earnings Call This Week	Pair Corr
0.64	SB	Safe Bulkers	Pair Corr
0.63	MG	Mistras Group	Pair Corr
0.61	CODI-PB	Compass Diversified	Pair Corr
0.58	FC	Franklin Covey	Pair Corr
0.45	OP	Oceanpal	Pair Corr
0.43	GD	General Dynamics Fiscal Year End 22nd of January 2025	Pair Corr
0.38	FA	First Advantage Corp	Pair Corr
0.38	HY	Hyster Yale Materials	Pair Corr

Related Correlations Analysis

	GFF	AQUI	LBHIX	MSTSX	VIASP	RRTLX	OSHDF	70082LAB3	SITKF	RWAYL
GFF		0.0	0.59	0.34	0.71	0.5	0.73	0.37	0.01	0.65	GFF
AQUI	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	AQUI
LBHIX	0.59	0.0		0.68	0.26	0.72	0.01	0.33	0.32	0.19	LBHIX
MSTSX	0.34	0.0	0.68		-0.05	0.81	-0.1	0.13	0.76	0.29	MSTSX
VIASP	0.71	0.0	0.26	-0.05		0.07	0.73	0.62	-0.12	0.64	VIASP
RRTLX	0.5	0.0	0.72	0.81	0.07		0.04	0.05	0.45	0.31	RRTLX
OSHDF	0.73	0.0	0.01	-0.1	0.73	0.04		0.5	-0.2	0.77	OSHDF
70082LAB3	0.37	0.0	0.33	0.13	0.62	0.05	0.5		0.14	0.67	70082LAB3
SITKF	0.01	0.0	0.32	0.76	-0.12	0.45	-0.2	0.14		0.21	SITKF
RWAYL	0.65	0.0	0.19	0.29	0.64	0.31	0.77	0.67	0.21		RWAYL
	GFF	AQUI	LBHIX	MSTSX	VIASP	RRTLX	OSHDF	70082LAB3	SITKF	RWAYL

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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

RRTLX	+ 0.81	MSTSX
RWAYL	+ 0.77	OSHDF
SITKF	+ 0.76	MSTSX
OSHDF	+ 0.73	GFF
OSHDF	+ 0.73	VIASP
RRTLX	+ 0.72	LBHIX

High negative correlations

SITKF	- 0.2	OSHDF
SITKF	- 0.12	VIASP
OSHDF	- 0.1	MSTSX
VIASP	- 0.05	MSTSX
RWAYL	- 0.0	AQUI
SITKF	- 0.0	AQUI

Risk-Adjusted Indicators

There is a big difference between Cresud Stock performing well and Cresud SACIF 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 Cresud SACIF'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
GFF	1.74	0.20	0.14	0.24	1.74	(1.99)	3.14	(3.11)	22.84
AQUI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LBHIX	0.12	0.01	(0.39)	0.51	0.00	(0.28)	0.24	(0.24)	0.96
MSTSX	0.49	(0.04)	(0.13)	0.05	0.51	(0.62)	1.21	(1.02)	2.80
VIASP	0.75	0.08	(0.03)	(1.87)	1.12	(0.82)	2.28	(1.20)	7.18
RRTLX	0.23	0.01	(0.29)	0.46	0.25	(0.25)	0.48	(0.56)	1.36
OSHDF	31.24	16.43	0.00	(3.24)	0.00	0.00	0.00	0.00	1,000.00
70082LAB3	0.71	0.01	(0.06)	0.19	1.27	(0.78)	1.78	(1.19)	2.97
SITKF	5.41	0.61	0.10	0.40	5.02	(8.19)	14.29	(9.09)	32.64
RWAYL	0.12	0.02	(0.45)	2.20	0.00	(0.16)	0.24	(0.20)	1.20

Cresud SACIF Corporate Management

Mariana Elsztain	Secretary	Profile
Eran Saar	Chief DIC	Profile
Gil CPA	Chief Israel	Profile
Diego Biaus	Operations Manager	Profile
Gil Kotler	Chief Israel	Profile
Matias Gaivironsky	Chief Officer	Profile

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