Mapfre Correlations

MAP Stock

EUR 4.31 0.04 0.94%

The current 90-days correlation between Mapfre and Bankinter is -0.05 (i.e., Good diversification). The correlation of Mapfre 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.

Mapfre Correlation With Market

Significant diversification

The correlation between Mapfre 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 Mapfre and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Mapfre Stock

0.75	APAM	Aperam SA	Pair Corr
0.66	ACS	ACS Actividades de	Pair Corr
0.72	VID	Vidrala SA Split	Pair Corr
0.65	AEDAS	Aedas Homes SL	Pair Corr
0.84	CLR	CLERHP Estructuras	Pair Corr
0.77	FAE	Faes Farma SA	Pair Corr
0.74	ITX	Industria de Diseno	Pair Corr
0.72	MTS	ArcelorMittal SA	Pair Corr
0.76	CABK	Caixabank SA	Pair Corr
0.73	UNI	Unicaja Banco SA	Pair Corr
0.78	BKT	Bankinter	Pair Corr
0.65	HOME	Neinor Homes SLU	Pair Corr

Moving against Mapfre Stock

0.6	AIR	Airbus Group SE	Pair Corr
0.43	ENG	Enags SA	Pair Corr
0.43	ENO	Elecnor SA	Pair Corr

Related Correlations Analysis

	BKT	GCO	SAB	UNI	LDA	R4	ALNT
BKT		-0.01	0.53	0.85	-0.48	-0.56	-0.59	BKT
GCO	-0.01		-0.22	0.23	-0.74	0.23	-0.33	GCO
SAB	0.53	-0.22		0.53	-0.22	-0.32	-0.16	SAB
UNI	0.85	0.23	0.53		-0.74	-0.59	-0.6	UNI
LDA	-0.48	-0.74	-0.22	-0.74		0.21	0.52	LDA
R4	-0.56	0.23	-0.32	-0.59	0.21		0.29	R4
ALNT	-0.59	-0.33	-0.16	-0.6	0.52	0.29		ALNT
	BKT	GCO	SAB	UNI	LDA	R4	ALNT

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

UNI	+ 0.85	BKT
SAB	+ 0.53	BKT
UNI	+ 0.53	SAB
ALNT	+ 0.52	LDA
ALNT	+ 0.29	R4
UNI	+ 0.23	GCO

High negative correlations

LDA	- 0.74	UNI
LDA	- 0.74	GCO
ALNT	- 0.6	UNI
R4	- 0.59	UNI
ALNT	- 0.59	BKT
R4	- 0.56	BKT

Risk-Adjusted Indicators

There is a big difference between Mapfre Stock performing well and Mapfre 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 Mapfre'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
BKT	1.01	0.15	0.05	1.81	1.32	(1.01)	2.38	(1.66)	7.34
GCO	0.15	(0.01)	(0.24)	0.29	0.23	(0.27)	0.39	(0.31)	2.61
SAB	1.28	(0.01)	(0.01)	0.06	1.89	(1.36)	2.18	(2.81)	9.77
UNI	1.10	0.25	0.14	0.47	1.06	(1.40)	2.47	(2.14)	6.50
LDA	0.89	(0.17)	0.00	(13.74)	0.00	0.00	1.60	(2.36)	8.87
R4	0.58	(0.04)	0.00	1.07	0.00	0.00	1.08	(1.56)	4.24
ALNT	0.83	0.03	(0.01)	0.17	1.01	(0.99)	1.99	(1.69)	7.46

Be your own money manager

Our tools can tell you how much better you can do entering a position in Mapfre 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 Headlines Timeline Now

Headlines Timeline

Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity

All Next

Launch Module

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC