Quad Graphics Correlations

QUAD Stock

USD 7.36 0.35 4.99%

The current 90-days correlation between Quad Graphics and Maximus is 0.23 (i.e., Modest diversification). The correlation of Quad Graphics 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.

Quad Graphics Correlation With Market

Modest diversification

The correlation between Quad Graphics and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quad Graphics and DJI in the same portfolio, assuming nothing else is changed.

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

For information on how to trade Quad Stock refer to our How to Trade Quad Stock guide.

Moving together with Quad Stock

0.79	BV	BrightView Holdings	Pair Corr
0.84	DRVN	Driven Brands Holdings	Pair Corr
0.68	KAR	KAR Auction Services	Pair Corr
0.89	IIIV	i3 Verticals	Pair Corr
0.84	INOD	Innodata	Pair Corr
0.88	PYCR	Paycor HCM	Pair Corr
0.73	SPIR	Spire Global Symbol Change	Pair Corr
0.67	TASK	Taskus Inc	Pair Corr
0.79	CASS	Cass Information Systems Fiscal Year End 23rd of January 2025	Pair Corr
0.84	CSGS	CSG Systems International	Pair Corr
0.78	B	Barnes Group	Pair Corr
0.78	J	Jacobs Solutions	Pair Corr
0.89	R	Ryder System	Pair Corr
0.88	DIST	Distoken Acquisition	Pair Corr
0.74	AL	Air Lease	Pair Corr
0.92	AZ	A2Z Smart Technologies	Pair Corr
0.88	CR	Crane Company	Pair Corr
0.89	CW	Curtiss Wright	Pair Corr

Moving against Quad Stock

0.81	CVEO	Civeo Corp	Pair Corr
0.74	WHLM	Wilhelmina	Pair Corr
0.55	FA	First Advantage Corp	Pair Corr
0.54	MLKN	MillerKnoll	Pair Corr
0.5	MMS	Maximus	Pair Corr
0.5	AP	Ampco Pittsburgh	Pair Corr
0.37	PFMT	Performant Financial	Pair Corr
0.86	CP	Canadian Pacific Railway	Pair Corr
0.75	MG	Mistras Group	Pair Corr
0.71	SB	Safe Bulkers	Pair Corr
0.64	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.64	RR	Richtech Robotics Class	Pair Corr
0.48	HY	Hyster Yale Materials	Pair Corr
0.44	FC	Franklin Covey	Pair Corr
0.33	OP	Oceanpal	Pair Corr

Related Correlations Analysis

	MMS	PFSW	CBZ	FA	NTIP	PFMT	RTO	WHLM	MADGF	CVEO
MMS		-0.5	-0.54	0.42	0.21	0.49	0.1	0.3	-0.1	0.69	MMS
PFSW	-0.5		0.62	-0.62	-0.59	-0.23	-0.19	-0.66	0.0	-0.75	PFSW
CBZ	-0.54	0.62		-0.49	-0.23	-0.61	0.28	-0.23	0.33	-0.72	CBZ
FA	0.42	-0.62	-0.49		0.33	0.19	-0.2	0.4	-0.38	0.55	FA
NTIP	0.21	-0.59	-0.23	0.33		0.07	0.45	0.84	0.16	0.49	NTIP
PFMT	0.49	-0.23	-0.61	0.19	0.07		-0.19	0.04	-0.19	0.54	PFMT
RTO	0.1	-0.19	0.28	-0.2	0.45	-0.19		0.65	0.84	0.04	RTO
WHLM	0.3	-0.66	-0.23	0.4	0.84	0.04	0.65		0.36	0.5	WHLM
MADGF	-0.1	0.0	0.33	-0.38	0.16	-0.19	0.84	0.36		-0.13	MADGF
CVEO	0.69	-0.75	-0.72	0.55	0.49	0.54	0.04	0.5	-0.13		CVEO
	MMS	PFSW	CBZ	FA	NTIP	PFMT	RTO	WHLM	MADGF	CVEO

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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

WHLM	+ 0.84	NTIP
MADGF	+ 0.84	RTO
CVEO	+ 0.69	MMS
WHLM	+ 0.65	RTO
CBZ	+ 0.62	PFSW
CVEO	+ 0.55	FA

High negative correlations

CVEO	- 0.75	PFSW
CVEO	- 0.72	CBZ
WHLM	- 0.66	PFSW
FA	- 0.62	PFSW
PFMT	- 0.61	CBZ
NTIP	- 0.59	PFSW

Risk-Adjusted Indicators

There is a big difference between Quad Stock performing well and Quad Graphics 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 Quad Graphics' 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
MMS	1.10	(0.39)	0.00	(0.59)	0.00	0.00	1.76	(2.50)	10.19
PFSW	2.08	0.16	0.03	0.70	2.81	(2.29)	5.84	(5.09)	17.10
CBZ	1.27	0.05	0.05	0.16	1.43	(1.37)	2.78	(2.49)	9.49
FA	1.32	(0.05)	(0.02)	0.07	1.57	(1.44)	3.63	(3.01)	9.66
NTIP	1.94	(0.15)	0.00	(0.61)	0.00	0.00	3.88	(4.37)	32.25
PFMT	2.08	(0.35)	0.00	(0.11)	0.00	0.00	3.98	(3.95)	21.95
RTO	1.60	(0.35)	0.00	(0.45)	0.00	0.00	2.40	(2.69)	22.43
WHLM	2.97	(0.53)	0.00	(3.13)	0.00	0.00	6.54	(8.01)	39.65
MADGF	0.49	(0.11)	0.00	1.50	0.00	0.00	0.30	0.00	16.41
CVEO	1.39	(0.27)	0.00	(0.15)	0.00	0.00	2.22	(3.21)	11.82

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