Ingram Micro Correlations

INGM Stock   21.38  0.19  0.90%   
The current 90-days correlation between Ingram Micro Holding and Games Workshop Group is -0.09 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ingram Micro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ingram Micro Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Ingram Micro Correlation With Market

Poor diversification

The correlation between Ingram Micro Holding and DJI is 0.66 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ingram Micro Holding and DJI in the same portfolio, assuming nothing else is changed.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingram Micro Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

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Moving against Ingram Stock

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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   
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High negative correlations   
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Risk-Adjusted Indicators

There is a big difference between Ingram Stock performing well and Ingram Micro 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 Ingram Micro'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.

Ingram Micro Corporate Management

Cari HornsteinController VPProfile
Paul BayChief OfficerProfile
Willa McmanmonVice RelationsProfile
Matthew SandersonSenior IrelandProfile
Damon WrightHead OfficerProfile
Jennifer AnayaSenior MarketingProfile
Mark SniderExecutive EMEAProfile