Victrex Plc Correlations
| VTXPF Stock | USD 8.50 0.00 0.00% |
The current 90-days correlation between Victrex plc and Sk Kaken CoLtd is 0.01 (i.e., Significant diversification). The correlation of Victrex Plc 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.
Victrex Plc Correlation With Market
Good diversification
The correlation between Victrex plc and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Victrex plc and DJI in the same portfolio, assuming nothing else is changed.
Victrex |
The ability to find closely correlated positions to Victrex Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Victrex Plc 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 Victrex Plc - 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 Victrex plc to buy it.
Moving together with Victrex Pink Sheet
Moving against Victrex Pink Sheet
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| 0.71 | CSCO | Cisco Systems | PairCorr |
| 0.71 | ATRO | Astronics | PairCorr |
| 0.63 | URBN | Urban Outfitters | PairCorr |
| 0.6 | EGP | EastGroup Properties | PairCorr |
| 0.54 | GSVRF | Guanajuato Silver | PairCorr |
| 0.5 | DC | Dakota Gold Corp | PairCorr |
| 0.49 | TORO | Toro | PairCorr |
| 0.49 | GPAEF | Grupo Aeroportuario del | PairCorr |
| 0.46 | PFE | Pfizer Inc | PairCorr |
| 0.42 | PII | Polaris Industries | PairCorr |
| 0.37 | CPAC | Cementos Pacasmayo SAA | PairCorr |
| 0.84 | HIRU | Hiru | PairCorr |
| 0.82 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.78 | NGENF | NervGen Pharma Corp | PairCorr |
| 0.76 | CALC | CalciMedica, Common Stock Trending | PairCorr |
| 0.73 | FTI | TechnipFMC PLC Sell-off Trend | PairCorr |
| 0.72 | DGWR | Critic Clothing | PairCorr |
| 0.71 | IDN | Intellicheck Mobilisa | PairCorr |
| 0.68 | PHAR | Pharming Group NV | PairCorr |
Related Correlations Analysis
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 Victrex Pink Sheet performing well and Victrex Plc 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 Victrex Plc'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SKKAF | 0.36 | 0.11 | 0.00 | 0.30 | 0.00 | 0.00 | 11.98 | |||
| HUABF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| OCINF | 1.23 | (0.40) | 0.00 | 0.66 | 0.00 | 2.31 | 20.69 | |||
| DALQF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BRGAY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SYCHF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ICHMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MXCHY | 3.17 | 0.16 | 0.01 | (0.16) | 3.83 | 10.29 | 35.21 | |||
| TKYMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NCKAF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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Victrex Plc Corporate Management
| Ian FCA | CFO Director | Profile | |
| Jilly Atherton | Group Director | Profile | |
| Jane Brisley | G Sec | Profile | |
| Jeff Versterre | Chief Officer | Profile | |
| Andrew Hanson | Head of Investor Relations and Communications | Profile | |
| Dr BSc | Chief Director | Profile |