YPF SA Correlations
| YPFD Stock | ARS 50,500 1,650 3.16% |
The current 90-days correlation between YPF SA D and Grupo Financiero Galicia is 0.47 (i.e., Very weak diversification). The correlation of YPF 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.
YPF SA Correlation With Market
Good diversification
The correlation between YPF SA D and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding YPF SA D and DJI in the same portfolio, assuming nothing else is changed.
YPF |
The ability to find closely correlated positions to YPF 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 YPF 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 YPF 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 YPF SA D to buy it.
Moving together with YPF Stock
| 0.91 | IRSA | IRSA Inversiones y Split | PairCorr |
| 0.92 | BYMA | Bolsas y Mercados | PairCorr |
| 0.95 | VALO | Banco de Valores | PairCorr |
| 0.92 | WMT | Walmart | PairCorr |
| 0.94 | LEDE | Ledesma SAAI | PairCorr |
| 0.92 | SUPV | Grupo Supervielle | PairCorr |
| 0.95 | CEPU | Central Puerto SA | PairCorr |
| 0.93 | TGNO4 | Transportadora de Gas | PairCorr |
| 0.77 | AXP | American Express | PairCorr |
| 0.91 | MIRG | Mirgor SA | PairCorr |
| 0.84 | AGRO | Agrometal SAI | PairCorr |
| 0.94 | LOMA | Loma Negra Compania | PairCorr |
| 0.83 | BMA | Banco Macro SA | PairCorr |
| 0.85 | EDN | Empresa Distribuidora | PairCorr |
| 0.98 | PAMP | Pampa Energia SA | PairCorr |
| 0.85 | GGAL | Grupo Financiero Galicia | PairCorr |
| 0.97 | CRES | Cresud SA | PairCorr |
| 0.9 | TRAN | Compania de Transporte | PairCorr |
| 0.9 | TECO2 | Telecom Argentina | PairCorr |
| 0.95 | METR | Metrogas SA | PairCorr |
| 0.96 | TGSU2 | Transportadora de Gas | PairCorr |
| 0.9 | BBAR | BBVA Banco Frances | PairCorr |
Moving against YPF Stock
| 0.85 | BHP | BHP Group Limited | PairCorr |
| 0.8 | BABA | Alibaba Group Holding | PairCorr |
| 0.78 | JNJ | Johnson Johnson | PairCorr |
| 0.73 | GFI | Gold Fields | PairCorr |
| 0.66 | NKE | NIKE Inc | PairCorr |
| 0.47 | MRK | Merck Company | PairCorr |
| 0.4 | REP | Repsol SA | PairCorr |
| 0.34 | PG | Procter Gamble DRC | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between YPF Stock performing well and YPF 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 YPF 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GGAL | 2.12 | 0.50 | 0.18 | (0.59) | 2.06 | 5.59 | 18.30 | |||
| PAMP | 1.66 | 0.45 | 0.20 | (2.79) | 1.80 | 4.25 | 10.62 | |||
| BMA | 2.77 | 0.59 | 0.18 | (1.12) | 2.60 | 7.58 | 24.15 | |||
| ALUA | 1.89 | (0.06) | 0.00 | 0.26 | 0.00 | 4.67 | 11.67 | |||
| EDN | 3.11 | 0.60 | 0.15 | 2.06 | 3.53 | 6.82 | 19.86 |
Be your own money manager
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YPF SA Corporate Management
Elected by the shareholders, the YPF SA's board of directors comprises two types of representatives: YPF SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of YPF. The board's role is to monitor YPF SA's management team and ensure that shareholders' interests are well served. YPF 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, YPF SA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Pablo Iuliano | CEO Director | Profile | |
| Pedro Tomba | Independent Director | Profile | |
| Guillermo Stok | Trustee | Profile | |
| Maria Pujol | Trustee | Profile |