Credit Suisse Related Correlations

Generate correlation matrix for Credit Suisse and other related equities to check the degree to which Credit Suisse price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Credit Suisse. To filter out specific equities, please toggle its corresponding legend item. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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The market value of Credit Suisse is measured differently than its book value, which is the value of Credit that is recorded on the company's balance sheet. Investors also form their own opinion of Credit Suisse's value that differs from its market value or its book value, called intrinsic value, which is Credit Suisse'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 Credit Suisse's market value can be influenced by many factors that don't directly affect Credit Suisse'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 Credit Suisse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credit Suisse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credit Suisse'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.

Correlations

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Credit Suisse Competition Risk-Adjusted Indicators

There is a big difference between Credit Etf performing well and Credit Suisse ETF 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 Credit Suisse'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
META  1.69  0.30  0.25  0.31  1.16 
 3.34 
 24.74 
MSFT  0.89  0.05  0.05  0.18  0.89 
 2.11 
 5.31 
UBER  1.62  0.10  0.14  0.17  1.42 
 2.83 
 18.39 
F  1.51 (0.10) 0.02  0.08  1.58 
 4.07 
 9.61 
T  0.98  0.07 (0.01) 0.31  1.16 
 2.20 
 6.58 
A  1.11 (0.12)(0.04) 0.04  1.46 
 2.27 
 5.64 
CRM  1.16  0.02  0.04  0.14  1.29 
 2.85 
 8.93 
JPM  0.66  0.17  0.20  0.34  0.31 
 1.73 
 3.96 
MRK  0.68  0.23  0.27  0.44  0.00 
 1.95 
 6.92 
XOM  0.88  0.14  0.08  0.37  0.80 
 2.04 
 4.66