VF Corp Correlations

VFC
 Stock
  

USD 29.91  1.37  4.38%   

The correlation of VF Corp 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 VF Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VF Corp 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 VF Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VF Corp 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 VF Corp - 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 VF Corp to buy it.

Moving together with VF Corp

+0.86HMRZFHennes Mauritz BPairCorr
+0.9HNNMYHennes Mauritz AbPairCorr
+0.71LEVILevi Strauss Earnings Call  This WeekPairCorr
+0.76RLRalph Lauren CorpPairCorr
+0.83SIRISirius XM HoldingsPairCorr
+0.93LUMNCenturylinkPairCorr
+0.7SOFISofi TechnologiesPairCorr
+0.81LCIDLucid Group TrendingPairCorr

Moving against VF Corp

-0.82BSDGYBosideng InternationalPairCorr
-0.67RUMRumble IncPairCorr

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   
STZWVVI
SLLFFDSTZF
DGEAFWVVI
DGEAFDVDCF
DGEAFSTZ
DVDCFSTZ
  
High negative correlations   
SLLFFSVIN
DVDCFSVIN
SLLFFWVVI
DSTZFWVVI
SVINDSTZF
DGEAFDSTZF

VF Corp Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between VF Corp Stock performing well and VF Corp 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 VF Corp'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in VF Corp 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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VF Corp Corporate Directors

VF Corp corporate directors refer to members of a VF Corp board of directors. The board of directors generally takes responsibility for the VF Corp'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 VF Corp's board members must vote for the resolution. The VF Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Richard Carucci - Independent DirectorProfile
Laura Lang - Independent DirectorProfile
Robert Hurst - Independent DirectorProfile
Carol Roberts - Independent DirectorProfile

Invested in VF Corp?

The danger of trading VF Corp 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 VF Corp 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 VF Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile VF Corp 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.
Also, please take a look at World Market Map. Note that the VF Corp information on this page should be used as a complementary analysis to other VF Corp'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running VF Corp price analysis, check to measure VF Corp'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 VF Corp is operating at the current time. Most of VF Corp's value examination focuses on studying past and present price action to predict the probability of VF Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move VF Corp's price. Additionally, you may evaluate how the addition of VF Corp to your portfolios can decrease your overall portfolio volatility.
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Is VF Corp'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 VF Corp. If investors know VF Corp 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 VF Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of VF Corp is measured differently than its book value, which is the value of VF Corp that is recorded on the company's balance sheet. Investors also form their own opinion of VF Corp's value that differs from its market value or its book value, called intrinsic value, which is VF Corp'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 VF Corp's market value can be influenced by many factors that don't directly affect VF Corp'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 VF Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine VF Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VF Corp'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.