Informa PLC Correlations
| INF Stock | 828.40 1.00 0.12% |
The current 90-days correlation between Informa PLC and Inspiration Healthcare Group is -0.1 (i.e., Good diversification). The correlation of Informa 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.
Informa PLC Correlation With Market
Excellent diversification
The correlation between Informa PLC and DJI is -0.58 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Informa PLC and DJI in the same portfolio, assuming nothing else is changed.
Informa |
The ability to find closely correlated positions to Informa 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 Informa 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 Informa 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 Informa PLC to buy it.
Moving against Informa Stock
| 0.76 | 0LJB | Uniti Group | PairCorr |
| 0.75 | TYT | Toyota Motor Corp | PairCorr |
| 0.71 | AIRE | Alternative Income REIT | PairCorr |
| 0.7 | 0L7G | Snap On | PairCorr |
| 0.69 | 0R2O | Freeport McMoRan | PairCorr |
| 0.67 | PAF | Pan African Resources | PairCorr |
| 0.66 | SMSN | Samsung Electronics | PairCorr |
| 0.66 | BC94 | Samsung Electronics | PairCorr |
| 0.66 | LGLD | LG ELECTRONICS INC | PairCorr |
| 0.66 | JEDT | JPMorgan Euro Small | PairCorr |
| 0.65 | SMSD | Samsung Electronics | PairCorr |
| 0.62 | IMI | IMI PLC | PairCorr |
| 0.59 | GTCO | Guaranty Trust Holding | PairCorr |
| 0.54 | 0NR2 | Vallourec | PairCorr |
| 0.53 | EYE | Eagle Eye Solutions | PairCorr |
| 0.53 | JMGI | JPMorgan Emerging Markets | PairCorr |
| 0.52 | 0NIS | SBM Offshore NV | PairCorr |
| 0.5 | SPDM | iShares Physical Pal | PairCorr |
| 0.46 | YNGA | Young CoS Brewery | PairCorr |
| 0.43 | 0ET5 | Vastned Retail Belgium | PairCorr |
| 0.43 | HYG | Seneca Growth Capital | PairCorr |
| 0.41 | 0VGE | SSR Mining Earnings Call This Week | PairCorr |
| 0.38 | 0KU1 | Raymond James Financial | PairCorr |
| 0.78 | BT-A | BT Group Plc | PairCorr |
| 0.74 | FAN | Volution Group plc | PairCorr |
| 0.71 | 0LTG | Waste Management | PairCorr |
| 0.7 | 0HI1 | Arrow Electronics | PairCorr |
| 0.69 | CMX | Catalyst Media Group | PairCorr |
| 0.67 | CTY | City Of London Earnings Call This Week | PairCorr |
| 0.66 | 0QHX | Odfjell Drilling | PairCorr |
| 0.63 | SEPL | Seplat Petroleum Dev | PairCorr |
| 0.62 | INVP | Investec PLC | PairCorr |
| 0.62 | NBS | Nationwide Building | PairCorr |
| 0.57 | JLP | Jubilee Platinum | PairCorr |
| 0.54 | KGH | Knights Group Holdings | PairCorr |
| 0.53 | PRU | Prudential plc | PairCorr |
Related Correlations Analysis
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
|
Risk-Adjusted Indicators
There is a big difference between Informa Stock performing well and Informa PLC 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 Informa 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EVPL | 1.64 | (0.33) | 0.00 | (1.58) | 0.00 | 2.80 | 11.02 | |||
| BBH | 0.97 | 0.07 | 0.02 | 0.33 | 1.17 | 2.09 | 4.79 | |||
| PHP | 0.72 | 0.14 | 0.10 | 0.90 | 0.67 | 1.78 | 6.31 | |||
| FNX | 1.97 | (0.04) | 0.00 | 0.29 | 0.00 | 5.07 | 12.04 | |||
| 0KBL | 1.07 | 0.15 | 0.05 | (0.22) | 1.15 | 2.38 | 8.19 | |||
| BVC | 1.89 | (0.15) | 0.00 | (0.14) | 0.00 | 3.53 | 12.31 | |||
| IHC | 2.09 | 0.07 | (0.01) | (0.01) | 2.86 | 4.76 | 22.73 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Informa 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.Did you try this?
Run Price Transformation Now
Price TransformationUse Price Transformation models to analyze the depth of different equity instruments across global markets |
| All Next | Launch Module |