Tsogo Sun Correlations
| TSG Stock | 1,161 14.00 1.19% |
The current 90-days correlation between Tsogo Sun and CA Sales Holdings is -0.03 (i.e., Good diversification). The correlation of Tsogo Sun 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.
Tsogo Sun Correlation With Market
Good diversification
The correlation between Tsogo Sun and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tsogo Sun and DJI in the same portfolio, assuming nothing else is changed.
Tsogo |
The ability to find closely correlated positions to Tsogo Sun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tsogo Sun 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 Tsogo Sun - 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 Tsogo Sun to buy it.
Related Correlations Analysis
| -0.29 | -0.42 | 0.0 | -0.32 | -0.49 | -0.77 | CPR | ||
| -0.29 | 0.55 | 0.08 | 0.53 | 0.73 | 0.31 | EMN | ||
| -0.42 | 0.55 | -0.29 | 0.53 | 0.76 | 0.43 | CAA | ||
| 0.0 | 0.08 | -0.29 | 0.08 | -0.14 | 0.0 | BRT | ||
| -0.32 | 0.53 | 0.53 | 0.08 | 0.59 | 0.53 | BLU | ||
| -0.49 | 0.73 | 0.76 | -0.14 | 0.59 | 0.51 | DTC | ||
| -0.77 | 0.31 | 0.43 | 0.0 | 0.53 | 0.51 | HIL | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Tsogo Stock performing well and Tsogo Sun 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 Tsogo Sun'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CPR | 2.04 | (0.32) | 0.00 | 1.53 | 0.00 | 4.13 | 12.35 | |||
| EMN | 0.75 | 0.02 | (0.02) | 0.00 | 1.32 | 2.86 | 10.65 | |||
| CAA | 1.43 | 0.21 | 0.07 | 0.45 | 1.78 | 3.17 | 9.07 | |||
| BRT | 1.33 | (0.08) | 0.00 | (0.03) | 0.00 | 3.64 | 29.28 | |||
| BLU | 1.56 | 0.27 | 0.10 | (2.88) | 1.48 | 4.05 | 20.61 | |||
| DTC | 1.13 | 0.19 | 0.06 | (0.62) | 1.15 | 2.73 | 6.68 | |||
| HIL | 1.40 | 0.47 | 0.07 | (0.65) | 1.23 | 6.73 | 16.90 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Tsogo Sun 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.Did you try this?
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Tsogo Sun Corporate Management
Elected by the shareholders, the Tsogo Sun's board of directors comprises two types of representatives: Tsogo Sun inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tsogo. The board's role is to monitor Tsogo Sun's management team and ensure that shareholders' interests are well served. Tsogo Sun'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, Tsogo Sun's outside directors are responsible for providing unbiased perspectives on the board's policies.
| S Vuuren | Director Officer | Profile | |
| Fidelis Dlamini | Group Director | Profile | |
| B Mogiba | Chief Vukani | Profile | |
| FCMA CA | CEO Director | Profile | |
| C Wannell | Company Officer | Profile | |
| Noeleen Bruton | Marketing Director | Profile | |
| Gregory CA | CFO Director | Profile |