Rogers Communications Correlations

RCIB Stock

EUR 33.40 0.40 1.18%

The current 90-days correlation between Rogers Communications and Apple Inc is 0.12 (i.e., Average diversification). The correlation of Rogers Communications 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.

Rogers Communications Correlation With Market

Significant diversification

The correlation between Rogers Communications and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rogers Communications and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Rogers Stock

0.83

TG4

Oxurion NV

Pair Corr

Moving against Rogers Stock

0.58	APC	Apple Inc	Pair Corr
0.58	APC	Apple Inc	Pair Corr
0.57	APC	Apple Inc	Pair Corr
0.57	APC	Apple Inc	Pair Corr
0.56	APC	Apple Inc	Pair Corr
0.55	APC	Apple Inc	Pair Corr
0.44	DBPE	Xtrackers LevDAX	Pair Corr
0.42	MSF	Microsoft	Pair Corr
0.4	MSF	Microsoft	Pair Corr
0.39	MSF	Microsoft	Pair Corr
0.39	MSF	Microsoft	Pair Corr
0.32	E908	Lyxor 1	Pair Corr

Related Correlations Analysis

	APC	APC	APC	APC	APC	MSF	MSF	MSF	MSF
APC		0.99	0.98	0.97	0.99	0.63	0.6	0.61	0.6	APC
APC	0.99		0.98	0.98	0.99	0.63	0.61	0.61	0.6	APC
APC	0.98	0.98		0.97	0.98	0.6	0.57	0.58	0.57	APC
APC	0.97	0.98	0.97		0.97	0.6	0.57	0.58	0.57	APC
APC	0.99	0.99	0.98	0.97		0.63	0.6	0.62	0.6	APC
MSF	0.63	0.63	0.6	0.6	0.63		0.98	0.99	0.97	MSF
MSF	0.6	0.61	0.57	0.57	0.6	0.98		0.97	0.97	MSF
MSF	0.61	0.61	0.58	0.58	0.62	0.99	0.97		0.96	MSF
MSF	0.6	0.6	0.57	0.57	0.6	0.97	0.97	0.96		MSF
	APC	APC	APC	APC	APC	MSF	MSF	MSF	MSF

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Risk-Adjusted Indicators

There is a big difference between Rogers Stock performing well and Rogers Communications 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 Rogers Communications' 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
APC	1.06	0.07	0.01	0.24	1.36	(1.01)	2.28	(2.21)	6.17
APC	1.11	0.08	0.01	0.28	1.35	(1.19)	2.14	(2.22)	6.90
APC	1.10	0.05	0.01	0.19	1.43	(1.15)	2.24	(2.65)	9.79
APC	1.19	0.04	0.00	0.18	1.23	(1.53)	2.96	(2.05)	8.21
APC	0.91	0.05	0.00	0.20	1.28	(0.93)	1.91	(2.15)	7.12
MSF	0.97	0.02	(0.01)	0.15	1.21	(1.26)	2.10	(1.40)	8.71
MSF	0.94	0.00	(0.01)	0.13	1.32	(1.08)	2.27	(1.75)	9.11
MSF	1.04	0.01	(0.01)	0.13	1.43	(1.30)	2.17	(1.64)	11.42
MSF	1.00	0.01	(0.01)	0.13	1.33	(1.10)	2.04	(1.53)	9.79

Be your own money manager

Our tools can tell you how much better you can do entering a position in Rogers Communications 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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Rogers Communications Corporate Management

Elected by the shareholders, the Rogers Communications' board of directors comprises two types of representatives: Rogers Communications inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rogers. The board's role is to monitor Rogers Communications' management team and ensure that shareholders' interests are well served. Rogers Communications' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rogers Communications' outside directors are responsible for providing unbiased perspectives on the board's policies.

Mahes Wickramasinghe	Chief Officer	Profile
Glenn Brandt	Chief Officer	Profile
FCA FCA	CEO Pres	Profile
Paulina Molnar	VP Management	Profile
Paul Carpino	VP Relations	Profile
Lisa Durocher	Ex Services	Profile
Ronald McKenzie	Chief Officer	Profile

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