Embraer SA Correlations
| ERJ Stock | USD 25.55 0.54 2.07% |
The correlation of Embraer 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Embraer SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Embraer SA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Significant diversification
The correlation between Embraer SA ADR and NYA is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Embraer SA ADR and NYA in the same portfolio, assuming nothing else is changed.
Embraer |
The ability to find closely correlated positions to Embraer 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 Embraer 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 Embraer 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 Embraer SA ADR to buy it.
Moving together with Embraer Stock
| 0.92 | CW | Curtiss Wright | PairCorr |
| 0.95 | EH | Ehang Holdings | PairCorr |
| 0.87 | GD | General Dynamics Earnings Call Today | PairCorr |
| 0.88 | GE | GE Aerospace Earnings Call This Week | PairCorr |
| 0.86 | VSEC | VSE Corporation Financial Report 6th of May 2024 | PairCorr |
| 0.72 | EVTL | Vertical Aerospace | PairCorr |
Moving against Embraer Stock
| 0.91 | AZ | A2Z Smart Technologies | PairCorr |
| 0.8 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.77 | EVEX | Eve Holding Financial Report 14th of May 2024 | PairCorr |
| 0.57 | DPRO | Draganfly Financial Report 14th of May 2024 | PairCorr |
| 0.53 | CVU | CPI Aerostructures | PairCorr |
| 0.55 | KWE | KWESST Micro Systems Financial Report 9th of May 2024 | PairCorr |
Related Correlations Analysis
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Our tools can tell you how much better you can do entering a position in Embraer 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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Embraer SA Corporate Directors
Embraer SA corporate directors refer to members of an Embraer SA board of directors. The board of directors generally takes responsibility for the Embraer SA's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Embraer SA's board members must vote for the resolution. The Embraer SA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Joao Cox | Independent Director | Profile | |
| Pedro Wongtschowski | Independent Director | Profile | |
| Dejair Losnak | Director | Profile | |
| Josue Silva | Director | Profile |
Already Invested in Embraer SA ADR?
The danger of trading Embraer SA ADR is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Embraer SA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Embraer SA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Embraer SA ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Embraer SA ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Embraer Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Embraer Sa Adr Stock. Highlighted below are key reports to facilitate an investment decision about Embraer Sa Adr Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Embraer SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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When running Embraer SA's price analysis, check to measure Embraer SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Embraer SA is operating at the current time. Most of Embraer SA's value examination focuses on studying past and present price action to predict the probability of Embraer SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Embraer SA's price. Additionally, you may evaluate how the addition of Embraer SA to your portfolios can decrease your overall portfolio volatility.
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Is Embraer SA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Embraer SA. If investors know Embraer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Embraer SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.92 | Earnings Share 0.88 | Revenue Per Share 142.168 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0171 |
The market value of Embraer SA ADR is measured differently than its book value, which is the value of Embraer that is recorded on the company's balance sheet. Investors also form their own opinion of Embraer SA's value that differs from its market value or its book value, called intrinsic value, which is Embraer SA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Embraer SA's market value can be influenced by many factors that don't directly affect Embraer SA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Embraer SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Embraer SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Embraer SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.