Cresud SACIF Correlations

CRESY Stock

USD 12.34 0.09 0.73%

The current 90-days correlation between Cresud SACIF y and Steel Partners Holdings is -0.09 (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

Average diversification

The correlation between Cresud SACIF y and DJI is 0.15 (i.e., Average 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

0.83	UE	Urban Edge Properties	Pair Corr
0.87	EQIX	Equinix	Pair Corr
0.82	WELL	Welltower	Pair Corr
0.63	AAT	American Assets Trust	Pair Corr
0.66	ADC	Agree Realty	Pair Corr
0.84	AHR	American Healthcare REIT,	Pair Corr
0.78	AKR	Acadia Realty Trust	Pair Corr
0.65	BHR	Braemar Hotel Resorts	Pair Corr
0.88	BRX	Brixmor Property	Pair Corr

Moving against Cresud Stock

0.75	O	Realty Income	Pair Corr
0.72	AMT	American Tower Corp	Pair Corr
0.69	FR	First Industrial Realty	Pair Corr
0.69	ARE	Alexandria Real Estate	Pair Corr
0.63	ELME	Elme Communities	Pair Corr
0.52	VICI	VICI Properties	Pair Corr
0.49	AHH	Armada Hflr Pr	Pair Corr
0.41	ALX	Alexanders	Pair Corr
0.35	AMH	American Homes 4	Pair Corr
0.33	AIV	Apartment Investment and	Pair Corr
0.31	WHLR	Wheeler Real Estate	Pair Corr
0.78	GNL	Global Net Lease,	Pair Corr
0.74	DHC	Diversified Healthcare	Pair Corr
0.7	BNL	Broadstone Net Lease	Pair Corr
0.7	EGP	EastGroup Properties	Pair Corr
0.66	CIO	City Office	Pair Corr
0.63	CCI	Crown Castle Fiscal Year End 22nd of January 2025	Pair Corr
0.6	EPR	EPR Properties	Pair Corr
0.56	DEA	Eerly Govt Ppty	Pair Corr
0.49	EXR	Extra Space Storage	Pair Corr

Related Correlations Analysis

	SPLP-PA	CODI-PA	BBU	MATW	SPLP	GFF	CODI	CODI-PC	CODI-PB	MDU
SPLP-PA		-0.73	0.86	0.01	0.24	0.54	0.53	-0.25	-0.61	0.82	SPLP-PA
CODI-PA	-0.73		-0.8	-0.27	-0.24	-0.84	-0.65	0.72	0.93	-0.84	CODI-PA
BBU	0.86	-0.8		0.14	0.24	0.71	0.73	-0.44	-0.72	0.82	BBU
MATW	0.01	-0.27	0.14		0.0	0.58	0.6	-0.22	-0.2	0.45	MATW
SPLP	0.24	-0.24	0.24	0.0		0.3	0.09	-0.28	-0.3	0.19	SPLP
GFF	0.54	-0.84	0.71	0.58	0.3		0.81	-0.65	-0.81	0.8	GFF
CODI	0.53	-0.65	0.73	0.6	0.09	0.81		-0.37	-0.57	0.8	CODI
CODI-PC	-0.25	0.72	-0.44	-0.22	-0.28	-0.65	-0.37		0.85	-0.4	CODI-PC
CODI-PB	-0.61	0.93	-0.72	-0.2	-0.3	-0.81	-0.57	0.85		-0.68	CODI-PB
MDU	0.82	-0.84	0.82	0.45	0.19	0.8	0.8	-0.4	-0.68		MDU
	SPLP-PA	CODI-PA	BBU	MATW	SPLP	GFF	CODI	CODI-PC	CODI-PB	MDU

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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

CODI-PB	+ 0.93	CODI-PA
BBU	+ 0.86	SPLP-PA
CODI-PB	+ 0.85	CODI-PC
MDU	+ 0.82	SPLP-PA
MDU	+ 0.82	BBU
CODI	+ 0.81	GFF

High negative correlations

MDU	- 0.84	CODI-PA
GFF	- 0.84	CODI-PA
CODI-PB	- 0.81	GFF
BBU	- 0.8	CODI-PA
CODI-PA	- 0.73	SPLP-PA
CODI-PB	- 0.72	BBU

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
SPLP-PA	0.13	0.03	(0.38)	(2.87)	0.00	(0.19)	0.38	(0.21)	1.05
CODI-PA	0.34	(0.11)	0.00	1.63	0.00	0.00	0.71	(0.79)	2.36
BBU	1.54	0.16	0.09	0.26	1.51	(1.66)	3.19	(2.48)	8.49
MATW	1.86	0.05	0.08	0.14	1.87	(2.34)	3.20	(3.75)	18.72
SPLP	1.45	0.04	0.00	0.18	1.98	(2.19)	3.70	(3.66)	15.59
GFF	1.74	0.20	0.14	0.24	1.74	(1.99)	3.14	(3.11)	22.84
CODI	1.22	(0.01)	0.01	0.11	1.28	(1.32)	2.52	(1.94)	9.24
CODI-PC	0.31	(0.03)	0.00	0.35	0.00	0.00	0.79	(0.65)	2.74
CODI-PB	0.27	(0.07)	0.00	1.51	0.00	0.00	0.53	(0.61)	2.07
MDU	1.63	0.44	0.24	0.49	1.31	(1.97)	3.97	(2.69)	12.63

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

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