Grupo Televisa Related Correlations

GRPFF Stock

USD 0.65 0.08 14.04%

Generate correlation matrix for Grupo Televisa and other related equities to check the degree to which Grupo Televisa SAB price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Grupo Televisa SAB. To filter out specific equities, please toggle its corresponding legend item. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grupo Televisa SAB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

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Please note, there is a significant difference between Grupo Televisa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Televisa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Televisa'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.

Correlations

	DEO	ORI	WNCP	BKH	BDN	IGI	MNST
DEO		-0.1	0.0	0.43	-0.57	0.26	0.43	DEO
ORI	-0.1		0.0	0.59	0.35	0.11	0.31	ORI
WNCP	0.0	0.0		0.0	0.0	0.0	0.0	WNCP
BKH	0.43	0.59	0.0		-0.11	-0.02	0.27	BKH
BDN	-0.57	0.35	0.0	-0.11		0.34	0.05	BDN
IGI	0.26	0.11	0.0	-0.02	0.34		0.58	IGI
MNST	0.43	0.31	0.0	0.27	0.05	0.58		MNST
	DEO	ORI	WNCP	BKH	BDN	IGI	MNST

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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

BKH	+ 0.59	ORI
MNST	+ 0.58	IGI
BKH	+ 0.43	DEO
MNST	+ 0.43	DEO
BDN	+ 0.35	ORI
IGI	+ 0.34	BDN

High negative correlations

BDN	- 0.57	DEO
BDN	- 0.11	BKH
ORI	- 0.1	DEO
IGI	- 0.02	BKH
MNST	- 0.0	WNCP
IGI	- 0.0	WNCP

Risk-Adjusted Indicators

There is a big difference between Grupo Pink Sheet performing well and Grupo Televisa 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 Grupo Televisa'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
DEO	0.88	(0.05)	(0.05)	0.00	1.06	(0.92)	2.48	(1.90)	5.98
ORI	0.90	(0.04)	(0.03)	(0.01)	2.08	(0.76)	1.65	(1.63)	10.68
WNCP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BKH	1.14	(0.02)	(0.01)	0.04	1.45	(1.19)	2.32	(2.62)	7.36
BDN	2.04	(0.38)	0.00	(0.13)	0.00	0.00	3.24	(5.37)	12.84
IGI	0.42	(0.03)	0.00	(0.18)	0.00	0.00	0.83	(1.06)	2.34
MNST	0.83	(0.16)	0.00	(0.22)	0.00	0.00	1.72	(1.69)	8.42

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Grupo Televisa Related Correlations

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