Almacenes Xito Correlations
| EXTO Stock | 3.47 0.00 0.00% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Almacenes Xito moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almacenes xito SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Almacenes Xito Correlation With Market
Significant diversification
The correlation between Almacenes xito 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 Almacenes xito SA and DJI in the same portfolio, assuming nothing else is changed.
Almacenes |
Moving together with Almacenes Stock
| 0.61 | IMKTA | Ingles Markets | PairCorr |
| 0.79 | DDL | Dingdong ADR Upward Rally | PairCorr |
| 0.7 | SYY | Sysco | PairCorr |
| 0.71 | HFFG | Hf Foods Group Earnings Call This Week | PairCorr |
Moving against Almacenes Stock
| 0.56 | ACI | Albertsons Companies | PairCorr |
| 0.5 | WBA | Walgreens Boots Alliance | PairCorr |
| 0.4 | MSS | Maison Solutions | PairCorr |
| 0.39 | CART | Maplebear Common Stock | PairCorr |
| 0.33 | WILC | G Willi Food | PairCorr |
| 0.31 | DLTR | Dollar Tree | PairCorr |
| 0.57 | CHEF | Chefs Warehouse Downward Rally | PairCorr |
| 0.5 | UNFI | United Natural Foods | PairCorr |
| 0.39 | CYD | China Yuchai Interna | PairCorr |
| 0.35 | VLGEA | Village Super Market | PairCorr |
| 0.33 | DADA | Dada Nexus | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Almacenes Stock performing well and Almacenes Xito 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 Almacenes Xito'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SNDL | 2.00 | (0.23) | 0.00 | (0.53) | 0.00 | 4.62 | 11.94 | |||
| HDSN | 1.52 | (0.12) | 0.00 | (0.53) | 0.00 | 3.37 | 8.73 | |||
| ZEUS | 2.03 | (0.29) | 0.00 | (0.41) | 0.00 | 3.32 | 13.58 | |||
| CC | 2.16 | (0.51) | 0.00 | (0.42) | 0.00 | 3.87 | 18.10 | |||
| NIPMY | 0.10 | (0.07) | 0.00 | 0.61 | 0.00 | 0.00 | 0.00 | |||
| TBBB | 1.89 | (0.22) | 0.00 | (1.36) | 0.00 | 3.61 | 10.87 | |||
| ALTO | 2.98 | 0.19 | 0.05 | 0.14 | 3.30 | 8.33 | 19.74 |
Almacenes Xito Corporate Management
| Claudia Velasquez | General Affairs | Profile | |
| Carlos Moreno | Chief Officer | Profile | |
| Juan Calle | Vice Resources | Profile | |
| Jorge Chica | Head Accountant | Profile |