Rexel SA Correlations

RXL Stock

EUR 37.04 0.42 1.15%

The current 90-days correlation between Rexel SA and Lectra SA is 0.16 (i.e., Average diversification). The correlation of Rexel 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Rexel SA Correlation With Market

Very poor diversification

The correlation between Rexel SA and DJI is 0.83 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rexel SA and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Rexel 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 Rexel 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 Rexel 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 Rexel SA to buy it.

Moving together with Rexel Stock

0.89	ALTA	Altarea SCA Earnings Call This Week	Pair Corr
0.9	ORA	Orange SA	Pair Corr
0.69	CEN	Groupe CRIT SA	Pair Corr
0.82	IVA	Inventiva SA	Pair Corr
0.65	EMEIS	EMEIS SA	Pair Corr
0.79	CCN	Caisse Regionale	Pair Corr
0.78	CA	Carrefour SA	Pair Corr
0.88	ALRIB	Riber SA	Pair Corr
0.92	ALO	Alstom SA	Pair Corr
0.86	GLE	Societe Generale	Pair Corr
0.84	OPM	OPmobility SE Earnings Call This Week	Pair Corr
0.8	GAM	Gaumont SA	Pair Corr
0.65	ALAFY	Afyren SAS	Pair Corr
0.86	ALKAL	Kalray SA	Pair Corr
0.77	ALDUB	Encres Dubuit SA	Pair Corr
0.93	BNP	BNP Paribas SA	Pair Corr
0.85	ALODC	Omer Decugis Cie	Pair Corr
0.78	MALT	Malteries Franco Belges	Pair Corr
0.92	GDS	Ramsay Generale De Earnings Call This Week	Pair Corr
0.62	DG	Vinci SA	Pair Corr
0.81	VETO	Vetoquinol	Pair Corr
0.81	FGR	Eiffage SA Earnings Call This Week	Pair Corr
0.69	ALEMG	Euromedis Groupe	Pair Corr
0.84	FR	Valeo SA Earnings Call This Week	Pair Corr
0.82	ALMDT	Mediantechn	Pair Corr
0.82	NEX	Nexans SA	Pair Corr

Moving against Rexel Stock

0.75

ALBOO

Boostheat Split

Pair Corr

Related Correlations Analysis

	ALINN	EXENS	ALLGO	ALLDL	ATE	SOP	WAVE	NRO	PLNW	LSS
ALINN		-0.37	0.54	-0.01	0.28	0.15	0.46	0.59	0.41	0.45	ALINN
EXENS	-0.37		-0.82	0.31	0.1	0.07	0.21	-0.7	-0.3	-0.28	EXENS
ALLGO	0.54	-0.82		-0.33	-0.06	-0.06	-0.07	0.78	0.35	0.36	ALLGO
ALLDL	-0.01	0.31	-0.33		0.65	0.84	0.72	0.15	0.66	0.54	ALLDL
ATE	0.28	0.1	-0.06	0.65		0.89	0.83	0.41	0.67	0.65	ATE
SOP	0.15	0.07	-0.06	0.84	0.89		0.81	0.45	0.82	0.68	SOP
WAVE	0.46	0.21	-0.07	0.72	0.83	0.81		0.37	0.65	0.56	WAVE
NRO	0.59	-0.7	0.78	0.15	0.41	0.45	0.37		0.78	0.75	NRO
PLNW	0.41	-0.3	0.35	0.66	0.67	0.82	0.65	0.78		0.89	PLNW
LSS	0.45	-0.28	0.36	0.54	0.65	0.68	0.56	0.75	0.89		LSS
	ALINN	EXENS	ALLGO	ALLDL	ATE	SOP	WAVE	NRO	PLNW	LSS

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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

SOP	+ 0.89	ATE
LSS	+ 0.89	PLNW
SOP	+ 0.84	ALLDL
WAVE	+ 0.83	ATE
PLNW	+ 0.82	SOP
WAVE	+ 0.81	SOP

High negative correlations

ALLGO	- 0.82	EXENS
NRO	- 0.7	EXENS
EXENS	- 0.37	ALINN
ALLDL	- 0.33	ALLGO
PLNW	- 0.3	EXENS
LSS	- 0.28	EXENS

Risk-Adjusted Indicators

There is a big difference between Rexel Stock performing well and Rexel SA 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 Rexel SA'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
ALINN	1.50	(0.13)	0.00	(1.27)	0.00	0.00	4.47	(3.46)	15.25
EXENS	2.24	0.45	0.17	0.84	2.29	(2.61)	5.48	(3.62)	13.05
ALLGO	1.65	(0.46)	0.00	1.07	0.00	0.00	3.49	(4.17)	12.98
ALLDL	2.86	0.07	0.00	0.78	3.40	(3.45)	7.24	(5.65)	27.37
ATE	1.87	(0.12)	0.00	(0.32)	0.00	0.00	3.63	(4.78)	24.79
SOP	1.59	(0.06)	0.00	(1.76)	0.00	0.00	3.29	(4.18)	14.21
WAVE	1.73	(0.04)	(0.03)	0.00	2.30	(1.86)	3.19	(4.53)	20.92
NRO	1.10	(0.26)	0.00	(5.28)	0.00	0.00	1.88	(2.84)	10.09
PLNW	1.75	(0.31)	0.00	(1.44)	0.00	0.00	3.31	(4.66)	13.95
LSS	1.56	(0.21)	0.00	(0.35)	0.00	0.00	3.40	(4.33)	9.77

Be your own money manager

Our tools can tell you how much better you can do entering a position in Rexel 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.

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Rexel SA Corporate Management

Elected by the shareholders, the Rexel SA's board of directors comprises two types of representatives: Rexel SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rexel. The board's role is to monitor Rexel SA's management team and ensure that shareholders' interests are well served. Rexel SA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rexel SA's outside directors are responsible for providing unbiased perspectives on the board's policies.

Nour Mejri	Chief Officer	Profile
Thomas Stadlhofer	Cluster Austria	Profile
Roger Little	Member of the Executive Committee, Head of Rexel Canada's Operations	Profile
Martin Maurer	Group Officer	Profile
Sabine Haman	Group Officer	Profile
Guillaume Texier	CEO Director	Profile
Luc Dallery	Group Officer	Profile

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