Perficient Correlations

Summary

PRFTDelisted Stock

USD 75.96 0.04 0.05%

The current 90-days correlation between Perficient and WNS Holdings is 0.22 (i.e., Modest diversification). The correlation of Perficient 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Perficient Stock

0.74	FSTF	First State Financial	Pair Corr
0.74	BAC	Bank of America Aggressive Push	Pair Corr
0.69	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.63	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.75	DIS	Walt Disney	Pair Corr
0.74	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.7	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr

Moving against Perficient Stock

0.77	KO	Coca Cola Aggressive Push	Pair Corr
0.7	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.69	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.37	PG	Procter Gamble	Pair Corr

Related Correlations Analysis

	WNS	G	ASGN	CACI	EXLS	SAIC	CLVT	LDOS	PSN	HCKT
WNS		0.03	0.03	-0.55	-0.43	-0.53	0.03	-0.42	-0.66	0.09	WNS
G	0.03		-0.14	0.05	0.81	-0.08	-0.92	0.44	0.17	0.92	G
ASGN	0.03	-0.14		0.59	0.02	0.64	0.12	0.43	0.52	-0.03	ASGN
CACI	-0.55	0.05	0.59		0.5	0.91	-0.13	0.89	0.91	0.05	CACI
EXLS	-0.43	0.81	0.02	0.5		0.31	-0.84	0.78	0.59	0.78	EXLS
SAIC	-0.53	-0.08	0.64	0.91	0.31		0.05	0.75	0.91	-0.09	SAIC
CLVT	0.03	-0.92	0.12	-0.13	-0.84	0.05		-0.5	-0.17	-0.9	CLVT
LDOS	-0.42	0.44	0.43	0.89	0.78	0.75	-0.5		0.85	0.43	LDOS
PSN	-0.66	0.17	0.52	0.91	0.59	0.91	-0.17	0.85		0.15	PSN
HCKT	0.09	0.92	-0.03	0.05	0.78	-0.09	-0.9	0.43	0.15		HCKT
	WNS	G	ASGN	CACI	EXLS	SAIC	CLVT	LDOS	PSN	HCKT

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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

HCKT	+ 0.92	G
SAIC	+ 0.91	CACI
PSN	+ 0.91	CACI
PSN	+ 0.91	SAIC
LDOS	+ 0.89	CACI
PSN	+ 0.85	LDOS

High negative correlations

CLVT	- 0.92	G
HCKT	- 0.9	CLVT
CLVT	- 0.84	EXLS
PSN	- 0.66	WNS
CACI	- 0.55	WNS
SAIC	- 0.53	WNS

Risk-Adjusted Indicators

There is a big difference between Perficient Stock performing well and Perficient 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 Perficient'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
WNS	1.63	(0.29)	0.00	(0.21)	0.00	0.00	2.95	(3.12)	13.48
G	0.98	0.17	0.15	0.30	0.80	(1.13)	2.64	(1.63)	11.64
ASGN	1.44	(0.34)	0.00	(0.08)	0.00	0.00	2.21	(3.35)	13.02
CACI	1.24	(0.07)	(0.03)	0.03	2.52	(1.08)	2.84	(4.18)	14.84
EXLS	1.03	0.27	0.32	0.34	0.39	(1.31)	2.56	(1.41)	8.35
SAIC	1.21	(0.09)	(0.03)	0.00	3.27	(1.01)	2.03	(2.60)	19.63
CLVT	2.16	(0.14)	0.00	0.20	0.00	0.00	4.12	(3.78)	31.28
LDOS	1.23	0.07	0.02	0.18	2.76	(1.21)	2.17	(1.90)	23.10
PSN	1.13	(0.02)	(0.01)	0.08	2.11	(1.08)	2.89	(2.83)	15.20
HCKT	1.37	0.10	0.14	0.15	0.95	(1.77)	2.61	(1.80)	19.63

Perficient Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Perficient stock to make a market-neutral strategy. Peer analysis of Perficient could also be used in its relative valuation, which is a method of valuing Perficient by comparing valuation metrics with similar companies.

WNS Holdings Genpact Limited ASGN Inc CACI International ExlService Holdings Science Applications International CLARIVATE PLC Leidos Holdings Parsons Corp The Hackett Group Grid Dynamics Holdings American Airlines Group Alcoa Corp Apple Inc Best Buy Co

Risk & Return

Correlation

Perficient Corporate Executives

Elected by the shareholders, the Perficient's board of directors comprises two types of representatives: Perficient inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Perficient. The board's role is to monitor Perficient's management team and ensure that shareholders' interests are well served. Perficient'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, Perficient's outside directors are responsible for providing unbiased perspectives on the board's policies.

Paul Martin

CFO, Principal Accounting Officer, Treasurer and Secretary

Profile

Still Interested in Perficient?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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