Vina San Correlations
| VSPT Stock | CLP 3.80 0.00 0.00% |
The current 90-days correlation between Vina San Pedro and Administradora Americana de is -0.17 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vina San moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vina San Pedro moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Vina San Correlation With Market
Good diversification
The correlation between Vina San Pedro and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vina San Pedro and DJI in the same portfolio, assuming nothing else is changed.
Vina |
The ability to find closely correlated positions to Vina San could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vina San 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 Vina San - 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 Vina San Pedro to buy it.
Moving together with Vina Stock
Moving against Vina Stock
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between Vina Stock performing well and Vina San 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 Vina San'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AAISA | 0.84 | 0.18 | 0.05 | (35.88) | 0.78 | 2.35 | 9.50 | |||
| ENLASA | 0.12 | 0.04 | 0.00 | 0.58 | 0.00 | 0.00 | 3.89 | |||
| ANDINAA | 0.62 | (0.01) | 0.00 | 0.14 | 0.00 | 1.51 | 4.95 | |||
| SALFACORP | 0.94 | 0.01 | (0.12) | 0.07 | 1.05 | 2.67 | 5.03 | |||
| CONCHATORO | 0.78 | (0.04) | 0.00 | 0.20 | 0.00 | 1.52 | 4.40 | |||
| SMSAAM | 0.73 | (0.04) | 0.00 | (0.14) | 0.00 | 1.98 | 6.12 | |||
| NITRATOS | 0.42 | (0.09) | 0.00 | (0.96) | 0.00 | 0.00 | 12.21 | |||
| CUPRUM | 0.41 | 0.10 | 0.00 | (1.40) | 0.00 | 1.53 | 9.76 | |||
| MASISA | 0.63 | (0.26) | 0.00 | 8.84 | 0.00 | 1.02 | 3.98 | |||
| BLUMAR | 0.29 | (0.13) | 0.00 | (2.15) | 0.00 | 0.52 | 4.04 |
Vina San Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Vina San stock to make a market-neutral strategy. Peer analysis of Vina San could also be used in its relative valuation, which is a method of valuing Vina San by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Vina San Corporate Management
Elected by the shareholders, the Vina San's board of directors comprises two types of representatives: Vina San inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vina. The board's role is to monitor Vina San's management team and ensure that shareholders' interests are well served. Vina San'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, Vina San's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brbara Gopfert | Chief Innovation | Profile | |
| Germn Lpez | Chief Officer | Profile | |
| Vicente Soini | Chief Officer | Profile | |
| ngeles CalderonFavaro | Chief Officer | Profile | |
| Sebastin Dempster | Chief Officer | Profile | |
| Rodrigo Cruz | Chief Officer | Profile | |
| lvaro Sainz | Chief Officer | Profile |