Bioceres Crop Correlations
| BIOX Stock | USD 3.71 0.01 0.27% |
The current 90-days correlation between Bioceres Crop Solutions and American Vanguard is 0.41 (i.e., Very weak diversification). The correlation of Bioceres Crop 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Bioceres Crop Correlation With Market
Very weak diversification
The correlation between Bioceres Crop Solutions and DJI is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bioceres Crop Solutions and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Bioceres Stock
Moving against Bioceres Stock
| 0.69 | CC | Chemours | PairCorr |
| 0.45 | IE | Ivanhoe Electric | PairCorr |
| 0.33 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
| 0.77 | ELBM | Electra Battery Materials | PairCorr |
| 0.71 | MP | MP Materials Corp | PairCorr |
| 0.68 | NG | NovaGold Resources | PairCorr |
| 0.65 | NB | NioCorp Developments | PairCorr |
| 0.59 | ALB | Albemarle Corp Earnings Call This Week | PairCorr |
| 0.56 | AMR | Alpha Metallurgical | PairCorr |
| 0.55 | ALB-PA | Albemarle Buyout Trend | PairCorr |
| 0.44 | WS | Worthington Steel | PairCorr |
| 0.43 | SA | Seabridge Gold | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Bioceres Stock performing well and Bioceres Crop 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 Bioceres Crop'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AVD | 3.01 | (0.53) | (0.06) | 0.00 | 3.92 | 6.30 | 20.78 | |||
| IPI | 2.06 | 0.46 | 0.08 | (2.29) | 1.89 | 6.31 | 23.61 | |||
| FMC | 1.91 | (0.13) | (0.01) | 0.14 | 2.26 | 4.44 | 12.01 | |||
| CTA-PB | 0.47 | 0.00 | (0.28) | 0.25 | 0.53 | 1.02 | 4.75 | |||
| VIST | 1.92 | (0.20) | 0.00 | (0.05) | 0.00 | 3.77 | 12.27 | |||
| LOMA | 2.20 | (0.02) | (0.09) | 0.07 | 2.51 | 4.41 | 11.30 | |||
| CEPU | 2.16 | 0.22 | (0.02) | (1.10) | 2.49 | 3.91 | 14.40 | |||
| SUPV | 2.56 | (0.62) | 0.00 | (42.86) | 0.00 | 4.98 | 14.43 |
Bioceres Crop Corporate Management
| Alex Garcia | Managing Seeds | Profile | |
| Ricardo Yapur | Managing Officer | Profile | |
| Milen Marinov | Chief Officer | Profile | |
| Matti Tiainen | Managing Europe | Profile | |
| Jorge Wagner | Chief Officer | Profile |