Almacenes Xito Correlations
| EXTODelisted Stock | 3.47 0.00 0.00% |
The current 90-days correlation between Almacenes Xito SA and Steven Madden is -0.09 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Almacenes Xito moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almacenes Xito SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Almacenes Xito Correlation With Market
Good diversification
The correlation between Almacenes Xito SA and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Almacenes Xito SA and DJI in the same portfolio, assuming nothing else is changed.
Almacenes |
Moving against Almacenes Stock
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Related Correlations Analysis
| -0.59 | -0.06 | 0.0 | 0.54 | 0.81 | 0.87 | SHOO | ||
| -0.59 | 0.18 | 0.0 | -0.01 | -0.29 | -0.52 | HRMY | ||
| -0.06 | 0.18 | 0.0 | -0.2 | -0.15 | -0.14 | ACU | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | WHWRF | ||
| 0.54 | -0.01 | -0.2 | 0.0 | 0.62 | 0.49 | REGN | ||
| 0.81 | -0.29 | -0.15 | 0.0 | 0.62 | 0.63 | RCKY | ||
| 0.87 | -0.52 | -0.14 | 0.0 | 0.49 | 0.63 | SNA | ||
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 Almacenes Stock performing well and Almacenes Xito 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 Almacenes Xito'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SHOO | 2.06 | 0.33 | 0.18 | 0.17 | 2.12 | 5.19 | 15.64 | |||
| HRMY | 1.68 | (0.34) | 0.00 | (0.15) | 0.00 | 3.38 | 21.26 | |||
| ACU | 1.86 | (0.23) | 0.00 | (0.03) | 0.00 | 4.56 | 13.97 | |||
| WHWRF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| REGN | 1.47 | 0.13 | 0.07 | 0.19 | 1.78 | 2.67 | 8.03 | |||
| RCKY | 2.24 | 0.36 | 0.19 | 0.24 | 1.87 | 4.53 | 19.99 | |||
| SNA | 1.01 | 0.08 | 0.09 | 0.12 | 0.90 | 2.45 | 10.64 |
Almacenes Xito Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Almacenes Xito stock to make a market-neutral strategy. Peer analysis of Almacenes Xito could also be used in its relative valuation, which is a method of valuing Almacenes Xito by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Almacenes Xito Corporate Management
| Claudia Velasquez | General Affairs | Profile | |
| Carlos Moreno | Chief Officer | Profile | |
| Juan Calle | Vice Resources | Profile | |
| Jorge Chica | Head Accountant | Profile |
Still Interested in Almacenes Xito SA?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.