Informatica Inc Correlations

INFA
 Stock
  

USD 23.10  0.05  0.22%   

The correlation of Informatica Inc 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 Informatica Inc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Informatica Inc Cl 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.
Please see Risk vs Return Analysis.
  
The ability to find closely correlated positions to Informatica Inc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Informatica Inc 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 Informatica Inc - 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 Informatica Inc Cl to buy it.

Moving together with Informatica Inc

0.62ALFAlfi Inc Earnings Call  This WeekPairCorr
0.73ALTRAltair EngineeringPairCorr
0.76BBBlackberryPairCorr

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   
CMGEPRT
CMGTSLA
EPRTTSLA
AEPRT
CMGA
AADBE
  
High negative correlations   
TSLAARQQ
CMGARQQ
VLDRTSLA
EPRTARQQ
CMGVLDR
EPRTVLDR

Informatica Inc Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Informatica Inc stock performing well and Informatica Inc 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 Informatica Inc'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
ADBE 1.95  0.10  0.05  0.14  2.51  0.06 (2.01)  3.56 (3.49)  13.17 
APPN 4.49 (0.20) (0.01)  0.00  5.72 (0.0119) (4.64)  9.11 (8.53)  21.92 
ARQQ 4.94  0.25  0.04  0.26  5.62  0.0437 (5.28)  10.31 (9.05)  31.84 
TSLA 3.30  0.10  0.04  0.11  4.33  0.0439 (3.21)  7.33 (7.10)  16.65 
VLDR 5.03  0.22  0.03  0.45  6.22  0.0261 (5.15)  8.93 (9.52)  25.29 
EPRT 1.19  0.18  0.09  0.26  1.71  0.10 (1.22)  2.79 (2.50)  10.71 
IRBT 3.20  0.32  0.10  0.26  3.40  0.08 (3.63)  6.53 (5.22)  19.17 
A 1.80  0.14  0.08  0.18  1.89  0.07 (2.03)  4.22 (3.15)  8.98 
GOOGL 1.95  0.00  0.02  0.07  2.22  0.0173 (2.07)  4.20 (3.92)  10.75 
CMG 2.02  0.27  0.13  0.26  2.13  0.11 (2.33)  4.28 (3.84)  16.34 

Similar Equity Warning - INFA

Informatica Inc was forked

The entity Informatica Inc Cl with a symbol INFA was recently forked. You can potentially use INFORMATICA CORP with a symbol INFA1 from now on.

Informatica Inc Corporate Directors

Informatica Inc corporate directors refer to members of an Informatica Inc board of directors. The board of directors generally takes responsibility for the Informatica Inc'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 Informatica Inc's board members must vote for the resolution. The Informatica Inc board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Maurice Hazzard - Non-Executive DirectorProfile
Daniel Cronin - DirectorProfile
Jon Gourlay - Non-Executive Independent DirectorProfile
Stewart McGarrity - Finance Director, DirectorProfile

Invested in Informatica Inc Cl?

You need to understand the risk of investing before taking a position in Informatica Inc. The danger of trading Informatica Inc Cl 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 Informatica Inc 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 Informatica Inc. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Informatica Inc 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.
Please see Risk vs Return Analysis. Note that the Informatica Inc information on this page should be used as a complementary analysis to other Informatica Inc'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Informatica Stock analysis

When running Informatica Inc price analysis, check to measure Informatica Inc'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 Informatica Inc is operating at the current time. Most of Informatica Inc's value examination focuses on studying past and present price action to predict the probability of Informatica Inc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Informatica Inc's price. Additionally, you may evaluate how the addition of Informatica Inc to your portfolios can decrease your overall portfolio volatility.
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Is Informatica Inc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Informatica Inc. If investors know Informatica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Informatica Inc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
6.6 B
Quarterly Revenue Growth YOY
0.088
Return On Assets
0.0028
Return On Equity
-0.0627
The market value of Informatica Inc is measured differently than its book value, which is the value of Informatica that is recorded on the company's balance sheet. Investors also form their own opinion of Informatica Inc's value that differs from its market value or its book value, called intrinsic value, which is Informatica Inc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Informatica Inc's market value can be influenced by many factors that don't directly affect Informatica Inc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Informatica Inc's value and its price as these two are different measures arrived at by different means. Investors typically determine Informatica Inc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Informatica Inc'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.