Experian PLC Correlations

EXPGF
 Stock
  

USD 34.99  0.39  1.13%   

The correlation of Experian PLC is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Experian PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Experian PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
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The ability to find closely correlated positions to Experian PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Experian PLC 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 Experian PLC - 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 Experian PLC to buy it.

Moving together with Experian PLC

+0.88EXPGYExperian Plc PKPairCorr
+0.61EFXEquifaxPairCorr
+0.68SGSOYSGS SAPairCorr
+0.63BAHBooz Allen HamiltonPairCorr
+0.85BVRDFBureau Veritas SAPairCorr
+0.82BVVBYBureau Veritas SAPairCorr
+0.76KBKB Financial GroupPairCorr
+0.82SHGShinhan FinancialPairCorr
+0.84WFWoori Financial GroupPairCorr
+0.68MUFGMitsubishi UFJ FinancialPairCorr
+0.77SMFGSumitomo Mitsui FinancialPairCorr

Related Correlations

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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether 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   
JPMT
JPMA
XOMMRK
MRKJPM
XOMJPM
JPMTWTR
  
High negative correlations   
MRKMSFT
XOMMSFT
MRKUBER
CRMTWTR
MSFTTWTR
XOMUBER

Experian PLC Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Experian OTC Stock performing well and Experian PLC company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Experian PLC's multiple risk-adjusted performance indicators. 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
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
TWTR 1.73  0.48  0.18  2.46  1.73  0.13 (1.84)  3.56 (2.97)  27.10 
MSFT 1.81 (0.12)  0.00 (0.02)  0.00 (0.0384)  0.00  3.92 (3.54)  11.64 
UBER 2.79 (0.01)  0.01  0.06  3.22  0.0048 (3.38)  8.60 (5.58)  19.67 
F 1.95 (0.20)  0.00 (0.07)  0.00 (0.06)  0.00  2.75 (5.14)  14.93 
T 1.27  0.11  0.06  0.21  1.22  0.05 (1.43)  2.54 (2.11)  9.29 
A 1.71  0.22  0.13  0.24  1.62  0.11 (2.06)  3.98 (2.97)  11.04 
CRM 2.20 (0.06) (0.01)  0.02  2.64 (0.013) (2.24)  4.31 (4.29)  14.31 
JPM 1.49  0.24  0.15  0.29  1.27  0.13 (1.60)  4.20 (2.15)  7.57 
MRK 1.03  0.34  0.23  1.09  0.89  0.22 (1.22)  2.44 (1.71)  7.38 
XOM 1.62  0.12  0.06  0.20  1.90  0.06 (1.68)  3.65 (3.00)  9.75 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Experian PLC 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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Experian PLC Corporate Directors

Experian PLC corporate directors refer to members of an Experian PLC board of directors. The board of directors generally takes responsibility for the Experian PLC's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Experian PLC's board members must vote for the resolution. The Experian PLC board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Ruba Borno - Non-Executive Independent DirectorProfile
Fabiola Vara - Independent Non-Executive DirectorProfile
Caroline Donahue - Non-Executive Independent DirectorProfile
George Rose - Non-Executive Independent DirectorProfile

Invested in Experian PLC?

The danger of trading Experian PLC is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Experian PLC is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Experian PLC. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Experian PLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. Note that the Experian PLC information on this page should be used as a complementary analysis to other Experian PLC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Experian PLC price analysis, check to measure Experian PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Experian PLC is operating at the current time. Most of Experian PLC's value examination focuses on studying past and present price action to predict the probability of Experian PLC's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Experian PLC's price. Additionally, you may evaluate how the addition of Experian PLC to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Experian PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine Experian PLC value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Experian PLC'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.