Sodexo PK Correlations

SDXAY Stock

USD 17.03 0.18 1.07%

The current 90-days correlation between Sodexo PK and SCOR PK is 0.19 (i.e., Average diversification). The correlation of Sodexo PK 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.

Sodexo PK Correlation With Market

Significant diversification

The correlation between Sodexo PK and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sodexo PK and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Sodexo Pink Sheet

0.81	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr
0.66	HD	Home Depot	Pair Corr
0.5	XOM	Exxon Mobil Corp Sell-off Trend	Pair Corr
0.37	T	ATT Inc Aggressive Push	Pair Corr

Related Correlations Analysis

	FTLF	444859BR2	SCRYY	AQUI	BRRAY	MSTSX	ABHYX	LBHIX	ID	VIASP
FTLF		0.29	-0.47	0.0	0.28	-0.26	0.08	-0.02	-0.44	-0.24	FTLF
444859BR2	0.29		-0.41	0.0	0.21	-0.63	-0.02	-0.58	-0.55	-0.31	444859BR2
SCRYY	-0.47	-0.41		0.0	-0.22	0.42	0.28	0.46	0.52	0.51	SCRYY
AQUI	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	AQUI
BRRAY	0.28	0.21	-0.22	0.0		-0.51	-0.43	-0.41	-0.17	0.09	BRRAY
MSTSX	-0.26	-0.63	0.42	0.0	-0.51		0.33	0.69	0.39	-0.12	MSTSX
ABHYX	0.08	-0.02	0.28	0.0	-0.43	0.33		0.56	-0.12	-0.22	ABHYX
LBHIX	-0.02	-0.58	0.46	0.0	-0.41	0.69	0.56		0.33	0.13	LBHIX
ID	-0.44	-0.55	0.52	0.0	-0.17	0.39	-0.12	0.33		0.56	ID
VIASP	-0.24	-0.31	0.51	0.0	0.09	-0.12	-0.22	0.13	0.56		VIASP
	FTLF	444859BR2	SCRYY	AQUI	BRRAY	MSTSX	ABHYX	LBHIX	ID	VIASP

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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

LBHIX	+ 0.69	MSTSX
LBHIX	+ 0.56	ABHYX
VIASP	+ 0.56	ID
ID	+ 0.52	SCRYY
VIASP	+ 0.51	SCRYY
LBHIX	+ 0.46	SCRYY

High negative correlations

MSTSX	- 0.63	444859BR2
LBHIX	- 0.58	444859BR2
ID	- 0.55	444859BR2
MSTSX	- 0.51	BRRAY
SCRYY	- 0.47	FTLF
ID	- 0.44	FTLF

Risk-Adjusted Indicators

There is a big difference between Sodexo Pink Sheet performing well and Sodexo PK 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 Sodexo PK'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
FTLF	1.20	(0.02)	(0.02)	0.07	2.00	(1.23)	3.21	(2.29)	14.26
444859BR2	1.31	(0.03)	0.00	0.36	0.00	0.00	5.93	(4.50)	16.62
SCRYY	2.12	0.39	0.11	(0.94)	2.04	(2.86)	5.61	(4.09)	12.99
AQUI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BRRAY	1.27	(0.11)	0.00	0.01	0.00	0.00	0.00	(2.98)	34.02
MSTSX	0.49	0.04	(0.11)	(0.30)	0.52	(0.59)	1.21	(1.02)	2.80
ABHYX	0.16	0.00	(0.20)	0.08	0.26	(0.24)	0.34	(0.33)	1.91
LBHIX	0.11	0.01	(0.32)	0.44	0.00	(0.29)	0.24	(0.24)	0.96
ID	3.76	0.21	0.02	1.43	4.72	(5.01)	7.32	(7.69)	20.54
VIASP	0.74	0.11	0.01	(3.65)	1.04	(0.83)	2.28	(1.15)	7.18

Be your own money manager

Our tools can tell you how much better you can do entering a position in Sodexo PK 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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Sodexo PK Corporate Management

Annick Vanssay	Group Officer	Profile
Steven Pangburn	Chief Europe	Profile
Laurent Cousin	Global RD	Profile
Rohini Anand	Group Responsibility	Profile
Marc Rolland	Group Officer	Profile

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