Vinci SA Correlations
| VCISY Stock | USD 25.64 0.18 0.70% |
The current 90-days correlation between Vinci SA ADR and ACS Actividades de is 0.07 (i.e., Significant diversification). The correlation of Vinci SA 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.
Vinci SA Correlation With Market
Significant diversification
The correlation between Vinci SA ADR 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 Vinci SA ADR and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Vinci SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vinci SA 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 Vinci SA - 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 Vinci SA ADR to buy it.
Moving together with Vinci Pink Sheet
| 0.95 | BKRKY | Bank Rakyat | PairCorr |
| 0.73 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.91 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.8 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.94 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.74 | EC | Ecopetrol SA ADR | PairCorr |
| 0.67 | PBCRY | Bank Central Asia | PairCorr |
Moving against Vinci Pink Sheet
| 0.81 | EME | EMCOR Group | PairCorr |
| 0.8 | PWR | Quanta Services | PairCorr |
| 0.79 | FIX | Comfort Systems USA | PairCorr |
| 0.77 | SSNLF | Samsung Electronics | PairCorr |
| 0.37 | WSPOF | WSP Global | PairCorr |
| 0.33 | CRWOF | China Railway Group | PairCorr |
| 0.33 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.92 | CCB | Coastal Financial Corp | PairCorr |
| 0.92 | BSTZ | BlackRock Science | PairCorr |
| 0.91 | SOFI | SoFi Technologies Aggressive Push | PairCorr |
| 0.91 | CHRRF | Chorus Aviation | PairCorr |
| 0.86 | MAR | Marriott International | PairCorr |
| 0.83 | TCJH | Top KingWin Symbol Change | PairCorr |
| 0.82 | ARCC | Ares Capital | PairCorr |
| 0.79 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.69 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.66 | WBD | Warner Bros Discovery Aggressive Push | PairCorr |
| 0.49 | DKNG | DraftKings Sell-off Trend | PairCorr |
| 0.41 | JD | JD Inc Adr Aggressive Push | PairCorr |
| 0.91 | XIACY | Xiaomi Corp ADR | PairCorr |
| 0.91 | BLTE | Belite Bio ADR | PairCorr |
| 0.89 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.85 | LYFT | LYFT Inc Aggressive Push | PairCorr |
| 0.83 | FNMA | Federal National Mortgage | PairCorr |
| 0.82 | NWS | News Corp B | PairCorr |
Related Correlations Analysis
| -0.23 | -0.13 | -0.9 | -0.67 | ARCAY | ||
| -0.23 | -0.23 | 0.5 | -0.08 | KBR | ||
| -0.13 | -0.23 | 0.12 | -0.09 | ORN | ||
| -0.9 | 0.5 | 0.12 | 0.6 | J | ||
| -0.67 | -0.08 | -0.09 | 0.6 | ACSAF | ||
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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 Vinci Pink Sheet performing well and Vinci SA 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 Vinci SA'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ARCAY | 0.26 | (0.04) | 0.00 | 1.15 | 0.00 | 0.00 | 9.16 | |||
| KBR | 1.34 | (0.29) | 0.00 | (0.07) | 0.00 | 2.54 | 16.92 | |||
| ORN | 3.41 | 0.00 | 0.03 | 0.12 | 4.14 | 6.81 | 20.99 | |||
| J | 1.09 | 0.04 | 0.03 | 0.16 | 1.60 | 2.41 | 9.97 | |||
| ACSAF | 0.20 | 0.10 | 0.00 | (4.04) | 0.00 | 0.00 | 4.41 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Vinci SA 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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Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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Vinci SA Corporate Executives
Elected by the shareholders, the Vinci SA's board of directors comprises two types of representatives: Vinci SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vinci. The board's role is to monitor Vinci SA's management team and ensure that shareholders' interests are well served. Vinci SA'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, Vinci SA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christian Labeyrie | CFO and Executive VP | Profile |