Grupo Supervielle Correlations

SUPV Stock

USD 10.70 0.72 6.30%

The current 90-days correlation between Grupo Supervielle and Grupo Aval is 0.2 (i.e., Modest diversification). The correlation of Grupo Supervielle 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.

Grupo Supervielle Correlation With Market

Modest diversification

The correlation between Grupo Supervielle SA and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Grupo Supervielle SA and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Grupo Supervielle SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with Grupo Stock

0.81	AX	Axos Financial	Pair Corr
0.82	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.89	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.88	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.63	VABK	Virginia National	Pair Corr
0.86	VBNK	VersaBank Normal Trading	Pair Corr
0.83	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.79	TECTP	Tectonic Financial	Pair Corr
0.7	EBMT	Eagle Bancorp Montana Fiscal Year End 28th of January 2025	Pair Corr
0.84	EBTC	Enterprise Bancorp	Pair Corr
0.85	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.87	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.61	KEY-PL	KeyCorp	Pair Corr
0.83	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.85	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.71	BANC-PF	Banc of California	Pair Corr
0.86	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.7	ESSA	ESSA Bancorp	Pair Corr
0.8	EVBN	Evans Bancorp	Pair Corr
0.86	EWBC	East West Bancorp Fiscal Year End 28th of January 2025	Pair Corr
0.76	WSBCP	WesBanco	Pair Corr
0.77	WMPN	William Penn Bancorp	Pair Corr

Moving against Grupo Stock

0.62	WF	Woori Financial Group	Pair Corr
0.44	TFC-PO	Truist Financial	Pair Corr
0.4	TFC-PR	Truist Financial	Pair Corr
0.39	CFG-PE	Citizens Financial	Pair Corr
0.45	FRCIL	First Republic Bank	Pair Corr
0.43	FRCCL	First Republic Bank	Pair Corr
0.43	FRCHL	First Republic Bank	Pair Corr
0.43	FRCKL	First Republic Bank	Pair Corr

Related Correlations Analysis

	GGAL	BBAR	ITUB	BBD	BMA	BBDO	AVAL	BSBR	LYG
GGAL		0.9	-0.84	-0.82	0.98	-0.88	-0.11	-0.89	-0.55	GGAL
BBAR	0.9		-0.81	-0.89	0.88	-0.89	0.06	-0.9	-0.78	BBAR
ITUB	-0.84	-0.81		0.8	-0.78	0.8	-0.11	0.92	0.59	ITUB
BBD	-0.82	-0.89	0.8		-0.8	0.94	0.04	0.92	0.7	BBD
BMA	0.98	0.88	-0.78	-0.8		-0.85	-0.16	-0.85	-0.54	BMA
BBDO	-0.88	-0.89	0.8	0.94	-0.85		0.03	0.94	0.62	BBDO
AVAL	-0.11	0.06	-0.11	0.04	-0.16	0.03		-0.05	0.12	AVAL
BSBR	-0.89	-0.9	0.92	0.92	-0.85	0.94	-0.05		0.65	BSBR
LYG	-0.55	-0.78	0.59	0.7	-0.54	0.62	0.12	0.65		LYG
	GGAL	BBAR	ITUB	BBD	BMA	BBDO	AVAL	BSBR	LYG

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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

BMA	+ 0.98	GGAL
BBDO	+ 0.94	BBD
BSBR	+ 0.94	BBDO
BSBR	+ 0.92	ITUB
BSBR	+ 0.92	BBD
BBAR	+ 0.9	GGAL

High negative correlations

BSBR	- 0.9	BBAR
BBDO	- 0.89	BBAR
BBD	- 0.89	BBAR
BSBR	- 0.89	GGAL
BBDO	- 0.88	GGAL
BSBR	- 0.85	BMA

Risk-Adjusted Indicators

There is a big difference between Grupo Stock performing well and Grupo Supervielle 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 Grupo Supervielle'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
GGAL	2.20	0.69	0.35	0.80	1.41	(2.65)	5.43	(2.78)	10.94
BBAR	2.67	0.71	0.22	0.88	2.61	(2.99)	8.73	(5.04)	15.79
ITUB	1.13	(0.24)	0.00	(0.72)	0.00	0.00	1.84	(2.89)	5.69
BBD	1.28	(0.27)	0.00	(1.66)	0.00	0.00	2.33	(2.83)	7.65
BMA	2.58	0.46	0.18	0.47	2.41	(3.05)	6.11	(4.23)	13.16
BBDO	1.54	(0.20)	0.00	0.80	0.00	0.00	2.80	(2.98)	10.00
AVAL	0.96	(0.03)	0.00	(0.13)	0.00	0.00	2.46	(1.94)	6.64
BSBR	1.11	(0.43)	0.00	(0.81)	0.00	0.00	1.79	(3.17)	6.70
LYG	1.44	(0.21)	0.00	(0.15)	0.00	0.00	2.56	(3.27)	12.01

Grupo Supervielle Corporate Management

Jose Orlando	Independent Director	Profile
Hugo Basso	Non-Executive Director	Profile
Santiago Batlle	Chief Human Resource Officer	Profile
Juan Cuccia	Head - AML	Profile

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