Publicis Groupe Correlations

PU4 Stock

EUR 102.55 2.20 2.19%

The current 90-days correlation between Publicis Groupe SA and THAI BEVERAGE is -0.07 (i.e., Good diversification). The correlation of Publicis Groupe 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.

Publicis Groupe Correlation With Market

Significant diversification

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

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

Moving together with Publicis Stock

0.72	IPG	Interpublic Group Earnings Call Today	Pair Corr
0.69	0WP	WPP PLC	Pair Corr
0.68	0WPA	WPP PLC ADR	Pair Corr

Moving against Publicis Stock

0.42	SAX	Ströer SE	Pair Corr
0.36	ICK	Industrial and Commercial	Pair Corr
0.35	DCS	JCDecaux SA	Pair Corr

Related Correlations Analysis

	0NH	MNL	C9CB	T6W	G03	BED	TF7A	MNL
0NH		0.53	0.0	0.5	-0.21	0.05	0.45	0.52	0NH
MNL	0.53		0.0	0.64	-0.39	-0.08	0.56	0.94	MNL
C9CB	0.0	0.0		0.0	0.0	0.0	0.0	0.0	C9CB
T6W	0.5	0.64	0.0		-0.19	0.1	0.45	0.6	T6W
G03	-0.21	-0.39	0.0	-0.19		-0.11	-0.67	-0.44	G03
BED	0.05	-0.08	0.0	0.1	-0.11		0.33	-0.16	BED
TF7A	0.45	0.56	0.0	0.45	-0.67	0.33		0.58	TF7A
MNL	0.52	0.94	0.0	0.6	-0.44	-0.16	0.58		MNL
	0NH	MNL	C9CB	T6W	G03	BED	TF7A	MNL

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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

MNL	+ 0.94	MNL
T6W	+ 0.64	MNL
MNL	+ 0.6	T6W
MNL	+ 0.58	TF7A
TF7A	+ 0.56	MNL
MNL	+ 0.53	0NH

High negative correlations

TF7A	- 0.67	G03
MNL	- 0.44	G03
G03	- 0.39	MNL
G03	- 0.21	0NH
G03	- 0.19	T6W
MNL	- 0.16	BED

Risk-Adjusted Indicators

There is a big difference between Publicis Stock performing well and Publicis Groupe 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 Publicis Groupe'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
0NH	1.49	0.10	0.02	0.69	1.67	(1.89)	3.73	(2.99)	9.22
MNL	1.61	0.23	0.09	1.26	1.73	(1.81)	3.13	(2.89)	9.15
C9CB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
T6W	1.54	0.10	0.01	(1.42)	1.76	(2.93)	2.86	(2.78)	10.56
G03	1.46	0.08	0.00	(0.30)	2.14	(1.79)	3.63	(4.00)	12.32
BED	0.91	(0.13)	0.00	0.54	0.00	0.00	1.87	(2.13)	4.98
TF7A	1.05	0.02	(0.04)	(3.57)	1.26	(1.15)	2.39	(2.02)	9.75
MNL	1.49	0.17	0.06	4.73	1.64	(1.68)	3.68	(2.83)	8.34

Be your own money manager

Our tools can tell you how much better you can do entering a position in Publicis Groupe 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.

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Publicis Groupe Corporate Management

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

AnneGabrielle Heilbronner	Sec Board	Profile
Agathe Bousquet	President	Profile
Anushree Chandran	Head Communications	Profile
Arthur Sadoun	Chairman CEO	Profile
Alessandra Girolami	VP Planning	Profile
Cline Fronval	Group Counsel	Profile
MichelAlain Proch	CFO Board	Profile

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