Prosegur Compañía Correlations
| PRHA Stock | EUR 2.70 0.06 2.17% |
The current 90-days correlation between Prosegur Compaa de and Alphabet Class A is -0.01 (i.e., Good diversification). The correlation of Prosegur Compañía 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.
Prosegur Compañía Correlation With Market
Very weak diversification
The correlation between Prosegur Compaa de and DJI is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Prosegur Compaa de and DJI in the same portfolio, assuming nothing else is changed.
Prosegur |
The ability to find closely correlated positions to Prosegur Compañía could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prosegur Compañía 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 Prosegur Compañía - 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 Prosegur Compaa de to buy it.
Moving together with Prosegur Stock
| 0.7 | GPT | Genuine Parts Earnings Call Tomorrow | PairCorr |
| 0.75 | PPQ | PPG INDUSTRIES | PairCorr |
| 0.71 | L3X | Centrais Elétricas Split | PairCorr |
| 0.75 | G40 | GDS Holdings Limited | PairCorr |
| 0.75 | SII | Wheaton Precious Metals | PairCorr |
| 0.69 | HKT | HK Electric Investments | PairCorr |
| 0.7 | 10N | Enter Air SA | PairCorr |
| 0.77 | RATV | Raisio plc | PairCorr |
| 0.74 | 43C | CACTUS INC CLA | PairCorr |
| 0.7 | DG1 | DAWSON GEOPHYSICAL | PairCorr |
| 0.7 | PAE | PACCAR | PairCorr |
| 0.7 | SKNB | Skanska AB | PairCorr |
| 0.82 | TWZ | Trican Well Service Earnings Call This Week | PairCorr |
| 0.65 | 1KT | Keysight Technologies Earnings Call This Week | PairCorr |
| 0.68 | PYCP | Minera Alamos Split | PairCorr |
Moving against Prosegur Stock
| 0.46 | 3HB | Hybrigenics Societe | PairCorr |
| 0.42 | SFT | SoftBank Group Corp | PairCorr |
| 0.42 | SFT | SoftBank Group Corp | PairCorr |
| 0.39 | SFT | SoftBank Group Corp | PairCorr |
| 0.39 | SFT | SoftBank Group Corp | PairCorr |
| 0.39 | SFT | SoftBank Group Corp | PairCorr |
| 0.38 | SFT | SoftBank Group Corp | PairCorr |
| 0.38 | SFTU | SoftBank Group Corp Split | PairCorr |
| 0.38 | SFT | SoftBank Group Corp | PairCorr |
| 0.5 | 777 | EUROSPORTS GLOBAL LTD | PairCorr |
| 0.46 | EFF | DTEFFWECHSEL BET Split | PairCorr |
| 0.46 | DBPD | Xtrackers ShortDAX | 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
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Risk-Adjusted Indicators
There is a big difference between Prosegur Stock performing well and Prosegur Compañía 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 Prosegur Compañía'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NVDG | 2.12 | 0.03 | 0.00 | 0.14 | 2.72 | 4.88 | 17.14 | |||
| NVD | 1.62 | (0.05) | (0.03) | 0.00 | 2.18 | 3.40 | 12.71 | |||
| NVD | 1.73 | (0.12) | 0.00 | (0.06) | 0.00 | 3.25 | 10.90 | |||
| APC8 | 1.17 | (0.02) | 0.00 | 0.14 | 0.00 | 2.66 | 7.08 | |||
| APC | 1.00 | (0.12) | 0.00 | (0.21) | 0.00 | 2.18 | 7.96 | |||
| APC | 1.01 | (0.14) | 0.00 | (0.12) | 0.00 | 2.26 | 9.28 | |||
| ABEC | 1.34 | 0.10 | 0.04 | 0.41 | 1.30 | 3.49 | 7.76 | |||
| ABEC | 1.33 | 0.08 | 0.04 | 0.20 | 1.29 | 3.42 | 7.95 | |||
| ABEA | 1.39 | 0.08 | 0.03 | 0.28 | 1.47 | 3.30 | 9.71 | |||
| ABEA | 1.34 | 0.10 | 0.04 | 0.38 | 1.35 | 3.43 | 8.07 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Prosegur Compañía 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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Prosegur Compañía Corporate Management
Elected by the shareholders, the Prosegur Compañía's board of directors comprises two types of representatives: Prosegur Compañía inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Prosegur. The board's role is to monitor Prosegur Compañía's management team and ensure that shareholders' interests are well served. Prosegur Compañía'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, Prosegur Compañía's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Arnau Monne | Nonboard Sec | Profile | |
| Jaime Alpanes | Chief Alarms | Profile | |
| Antonio Crcer | Head Relations | Profile | |
| Miguel Gutirrez | Corporate Resources | Profile |