FOX CORP Correlations
| FO5B Stock | EUR 41.20 0.20 0.48% |
The current 90-days correlation between FOX CORP and Talanx AG is -0.04 (i.e., Good diversification). The correlation of FOX 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.
FOX CORP Correlation With Market
Significant diversification
The correlation between FOX P B and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FOX P B and DJI in the same portfolio, assuming nothing else is changed.
FOX |
The ability to find closely correlated positions to FOX CORP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FOX CORP 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 FOX CORP - 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 FOX P B to buy it.
Moving together with FOX Stock
Moving against FOX Stock
| 0.9 | VVU | Vivendi SE | PairCorr |
| 0.88 | RRTL | RTL Group SA | PairCorr |
| 0.86 | RRTU | RTL GROUP UNSPADR | PairCorr |
| 0.82 | OB8 | PT Barito Pacific | PairCorr |
| 0.76 | BYRA | PT Bank Rakyat | PairCorr |
| 0.72 | PSM | Prosiebensat 1 Media | PairCorr |
| 0.71 | TCID | Telkom Indonesia Tbk | PairCorr |
| 0.64 | NVPJ | TMBThanachart Bank Public | PairCorr |
| 0.32 | DBPD | Xtrackers ShortDAX | 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 FOX Stock performing well and FOX 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 FOX 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 8SP | 2.08 | (0.07) | 0.00 | 0.44 | 0.00 | 3.36 | 20.22 | |||
| 6NM | 1.25 | (0.01) | (0.02) | 0.11 | 1.71 | 2.89 | 9.64 | |||
| 39O1 | 3.53 | 0.07 | (0.01) | 2.06 | 3.53 | 8.41 | 24.06 | |||
| 2DG | 4.42 | (1.04) | 0.00 | (0.43) | 0.00 | 9.09 | 52.42 | |||
| TM9 | 2.78 | 0.06 | 0.00 | 0.03 | 0.00 | 5.56 | 36.50 | |||
| TLX | 0.94 | (0.04) | (0.09) | 0.05 | 1.13 | 2.67 | 7.58 | |||
| INVN | 2.10 | 0.09 | 0.04 | 0.21 | 2.41 | 5.59 | 14.01 | |||
| IUI1 | 1.24 | 0.13 | 0.07 | 0.31 | 1.10 | 3.28 | 10.30 | |||
| NOH1 | 2.12 | 0.21 | 0.05 | 1.08 | 1.94 | 6.61 | 12.96 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in FOX CORP 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.Did you try this?
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Balance Of PowerCheck stock momentum by analyzing Balance Of Power indicator and other technical ratios |
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FOX CORP Corporate Management
Elected by the shareholders, the FOX CORP's board of directors comprises two types of representatives: FOX CORP inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FOX. The board's role is to monitor FOX CORP's management team and ensure that shareholders' interests are well served. FOX CORP'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, FOX CORP's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Chase Carey | Director | Profile | |
| Joe Dorrego | Chief Investor Relations Officer and Executive Vice President of Corporate Initiatives | Profile | |
| K Murdoch | Co-Chairman of the Board | Profile | |
| Kevin Lord | Executive Vice President of Human Resources | Profile | |
| Jacques Nasser | Lead Independent Director | Profile |