Grupo Televisa Correlations
| GRPFF Stock | USD 0.35 0.00 0.00% |
The current 90-days correlation between Grupo Televisa SAB and Direct Line Insurance is -0.05 (i.e., Good diversification). The correlation of Grupo Televisa 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.
Grupo Televisa Correlation With Market
Good diversification
The correlation between Grupo Televisa SAB 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 Grupo Televisa SAB and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Grupo Televisa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grupo Televisa 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 Grupo Televisa - 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 Grupo Televisa SAB to buy it.
Moving together with Grupo Pink Sheet
| 0.9 | CMCSA | Comcast Corp | PairCorr |
| 0.79 | DTEGY | Deutsche Telekom | PairCorr |
| 0.8 | PTAIF | PT Astra International | PairCorr |
| 0.8 | PKX | POSCO Holdings | PairCorr |
| 0.84 | HPQ | HP Inc | PairCorr |
| 0.8 | AA | Alcoa Corp | PairCorr |
| 0.72 | TRV | The Travelers Companies | PairCorr |
| 0.89 | INTC | Intel | PairCorr |
Moving against Grupo Pink Sheet
| 0.82 | GILT | Gilat Satellite Networks | PairCorr |
| 0.69 | BAMXF | Bayerische Motoren Werke | PairCorr |
| 0.51 | EC | Ecopetrol SA ADR | PairCorr |
| 0.5 | V | Visa Class A | PairCorr |
| 0.32 | GILD | Gilead Sciences Earnings Call This Week | PairCorr |
| 0.88 | BA | Boeing | PairCorr |
| 0.86 | LPTH | LightPath Technologies Earnings Call This Week | PairCorr |
| 0.58 | CSCO | Cisco Systems | PairCorr |
| 0.49 | IBM | International Business Tech Boost | PairCorr |
| 0.46 | CHKP | Check Point Software Earnings Call This Week | PairCorr |
| 0.46 | MSFT | Microsoft | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Grupo Pink Sheet performing well and Grupo Televisa 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 Grupo Televisa'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DIISY | 2.14 | 0.65 | 0.18 | (9.33) | 1.45 | 5.00 | 30.05 | |||
| ESNT | 1.13 | (0.09) | 0.00 | (0.11) | 0.00 | 1.96 | 11.43 | |||
| CNLFF | 0.03 | 0.01 | 0.00 | (1.44) | 0.00 | 0.00 | 1.02 | |||
| PAVS | 3.05 | 1.10 | 0.29 | (1.01) | 2.25 | 9.09 | 36.82 | |||
| MTG | 1.10 | 0.01 | (0.05) | (0.14) | 1.78 | 2.24 | 7.79 | |||
| RDN | 1.34 | (0.02) | (0.03) | 0.05 | 2.14 | 2.35 | 11.00 | |||
| NXST | 1.32 | (0.10) | 0.00 | (0.56) | 0.00 | 2.02 | 17.92 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Grupo Televisa 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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Grupo Televisa Corporate Management
| Jos Olmo | VP Admin | Profile | |
| Carlos Phillips | Interim Officer | Profile | |
| Rodrigo Villanueva | VP Relations | Profile | |
| Juan Newman | VP Profitability | Profile | |
| Flix Ramrez | VP Regional | Profile |