Experian PLC Correlations

EXPGF Stock

USD 46.50 0.18 0.39%

The current 90-days correlation between Experian PLC and Experian plc PK is 0.31 (i.e., Weak diversification). The correlation of Experian PLC 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.

Experian PLC Correlation With Market

Good diversification

The correlation between Experian PLC and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Experian PLC and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Experian PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Experian PLC 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 Experian PLC - 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 Experian PLC to buy it.

Moving together with Experian OTC Stock

0.77	EXPGY	Experian plc PK	Pair Corr
0.78	TRU	TransUnion	Pair Corr
0.62	PTAIF	PT Astra International	Pair Corr

Moving against Experian OTC Stock

0.47	EC	Ecopetrol SA ADR	Pair Corr
0.5	BCGWW	Binah Capital Group,	Pair Corr

Related Correlations Analysis

	EXPGY	EFX	TRU	BAH	SGSOF	SGSOY	BVVBY	BVRDF
EXPGY		0.15	0.85	0.43	0.2	0.38	0.39	0.16	EXPGY
EFX	0.15		-0.17	-0.33	0.71	0.84	0.84	-0.8	EFX
TRU	0.85	-0.17		0.46	0.0	0.1	0.09	0.5	TRU
BAH	0.43	-0.33	0.46		-0.31	-0.23	-0.12	0.49	BAH
SGSOF	0.2	0.71	0.0	-0.31		0.71	0.66	-0.54	SGSOF
SGSOY	0.38	0.84	0.1	-0.23	0.71		0.93	-0.59	SGSOY
BVVBY	0.39	0.84	0.09	-0.12	0.66	0.93		-0.66	BVVBY
BVRDF	0.16	-0.8	0.5	0.49	-0.54	-0.59	-0.66		BVRDF
	EXPGY	EFX	TRU	BAH	SGSOF	SGSOY	BVVBY	BVRDF

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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

BVVBY	+ 0.93	SGSOY
TRU	+ 0.85	EXPGY
SGSOY	+ 0.84	EFX
BVVBY	+ 0.84	EFX
SGSOF	+ 0.71	EFX
SGSOY	+ 0.71	SGSOF

High negative correlations

BVRDF	- 0.8	EFX
BVRDF	- 0.66	BVVBY
BVRDF	- 0.59	SGSOY
BVRDF	- 0.54	SGSOF
BAH	- 0.33	EFX
SGSOF	- 0.31	BAH

Risk-Adjusted Indicators

There is a big difference between Experian OTC Stock performing well and Experian PLC OTC Stock 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 Experian PLC'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
EXPGY	0.97	(0.04)	(0.07)	(0.01)	1.29	(1.01)	2.00	(2.28)	5.63
EFX	1.01	(0.32)	0.00	(0.51)	0.00	0.00	1.93	(2.73)	8.33
TRU	1.24	(0.04)	(0.01)	0.05	1.79	(1.11)	2.47	(2.86)	8.10
BAH	1.42	(0.07)	0.00	(0.12)	0.00	0.00	2.24	(3.03)	19.37
SGSOF	1.29	(0.20)	0.00	(0.47)	0.00	0.00	4.59	(5.09)	21.88
SGSOY	0.86	(0.15)	0.00	0.67	0.00	0.00	1.55	(1.98)	7.55
BVVBY	0.91	(0.14)	0.00	(2.37)	0.00	0.00	1.76	(1.64)	6.86
BVRDF	0.33	0.17	0.00	(0.98)	0.00	0.00	0.00	0.00	11.05

Be your own money manager

Our tools can tell you how much better you can do entering a position in Experian PLC 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.

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Experian PLC Corporate Management

Elected by the shareholders, the Experian PLC's board of directors comprises two types of representatives: Experian PLC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Experian. The board's role is to monitor Experian PLC's management team and ensure that shareholders' interests are well served. Experian PLC'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, Experian PLC's outside directors are responsible for providing unbiased perspectives on the board's policies.

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