E Pairis Related Correlations

PAIR Stock

EUR 1.20 0.02 1.64%

Generate correlation matrix for E Pairis and other related equities to check the degree to which E Pairis SA 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 E Pairis SA. To filter out specific equities, please toggle its corresponding legend item. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in E Pairis SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

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Please note, there is a significant difference between E Pairis' value and its price as these two are different measures arrived at by different means. Investors typically determine if E Pairis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E Pairis' 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

	DAIOS	PROF	ELTON	KARE	LOGISMOS	IATR	PLAT	TPEIR
DAIOS		0.59	0.19	0.2	0.15	0.01	-0.02	0.64	DAIOS
PROF	0.59		0.0	0.24	0.51	-0.13	-0.26	0.63	PROF
ELTON	0.19	0.0		-0.16	-0.49	0.68	0.61	-0.02	ELTON
KARE	0.2	0.24	-0.16		0.2	-0.24	-0.25	0.4	KARE
LOGISMOS	0.15	0.51	-0.49	0.2		-0.71	-0.77	0.3	LOGISMOS
IATR	0.01	-0.13	0.68	-0.24	-0.71		0.83	-0.06	IATR
PLAT	-0.02	-0.26	0.61	-0.25	-0.77	0.83		-0.06	PLAT
TPEIR	0.64	0.63	-0.02	0.4	0.3	-0.06	-0.06		TPEIR
	DAIOS	PROF	ELTON	KARE	LOGISMOS	IATR	PLAT	TPEIR

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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

PLAT	+ 0.83	IATR
IATR	+ 0.68	ELTON
TPEIR	+ 0.64	DAIOS
TPEIR	+ 0.63	PROF
PLAT	+ 0.61	ELTON
PROF	+ 0.59	DAIOS

High negative correlations

PLAT	- 0.77	LOGISMOS
IATR	- 0.71	LOGISMOS
LOGISMOS	- 0.49	ELTON
PLAT	- 0.26	PROF
PLAT	- 0.25	KARE
IATR	- 0.24	KARE

Risk-Adjusted Indicators

There is a big difference between PAIR Stock performing well and E Pairis 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 E Pairis' 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
DAIOS	1.08	0.08	0.00	0.19	0.00	0.00	5.29	(5.03)	19.09
PROF	1.62	0.03	0.03	0.11	1.66	(1.87)	4.03	(3.08)	9.84
ELTON	1.24	(0.13)	0.00	0.25	0.00	0.00	2.21	(3.32)	13.16
KARE	0.69	0.04	(0.04)	(0.05)	0.96	(1.45)	2.35	(2.30)	7.00
LOGISMOS	1.20	0.13	0.03	0.28	1.49	(2.40)	4.13	(2.44)	12.14
IATR	1.36	(0.16)	0.00	(0.32)	0.00	0.00	3.33	(2.96)	9.92
PLAT	0.91	(0.06)	0.00	(0.18)	0.00	0.00	2.10	(1.92)	6.34
TPEIR	1.40	0.27	0.15	0.75	1.16	(1.85)	4.22	(1.97)	9.33

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E Pairis Related Correlations

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