AgileThought Correlations
| AGILDelisted Stock | USD 0.01 0.00 0.00% |
The correlation of AgileThought is a statistical measure of how it moves in relation to other instruments. 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 AgileThought moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AgileThought 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. AgileThought |
The ability to find closely correlated positions to AgileThought could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AgileThought 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 AgileThought - 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 AgileThought to buy it.
Moving together with AgileThought Stock
Moving against AgileThought Stock
| 0.87 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
| 0.86 | GE | GE Aerospace Earnings Call This Week | PairCorr |
| 0.83 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
| 0.82 | BAC | Bank of America Buyout Trend | PairCorr |
| 0.8 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
| 0.71 | CVX | Chevron Corp Earnings Call This Week | PairCorr |
| 0.67 | IBM | International Business Earnings Call This Week | PairCorr |
| 0.67 | TRV | The Travelers Companies Financial Report 18th of July 2024 | PairCorr |
| 0.51 | PG | Procter Gamble Financial Report 26th of July 2024 | PairCorr |
| 0.5 | MMM | 3M Company Report 23rd of April 2024 | PairCorr |
| 0.42 | MRK | Merck Company Earnings Call This Week | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between AgileThought Stock performing well and AgileThought 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 AgileThought'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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.76 | 0.34 | 0.21 | 0.33 | 1.44 | 3.27 | 24.74 | |||
| MSFT | 0.95 | (0.04) | (0.03) | 0.04 | 1.08 | 2.11 | 5.31 | |||
| UBER | 1.63 | 0.01 | 0.05 | 0.08 | 1.61 | 2.83 | 18.39 | |||
| F | 1.57 | 0.00 | 0.04 | 0.08 | 1.78 | 4.07 | 9.61 | |||
| T | 0.93 | 0.00 | (0.04) | 0.07 | 1.15 | 2.18 | 5.92 | |||
| A | 1.18 | (0.05) | (0.01) | 0.04 | 1.42 | 2.26 | 6.31 | |||
| CRM | 1.24 | (0.11) | (0.04) | 0.00 | 1.96 | 2.83 | 10.84 | |||
| JPM | 0.80 | 0.07 | 0.06 | 0.14 | 1.31 | 1.94 | 8.65 | |||
| MRK | 0.64 | 0.04 | 0.03 | 0.12 | 0.66 | 1.18 | 6.92 | |||
| XOM | 0.80 | 0.30 | 0.30 | 0.72 | 0.45 | 1.96 | 4.66 |
AgileThought Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with AgileThought stock to make a market-neutral strategy. Peer analysis of AgileThought could also be used in its relative valuation, which is a method of valuing AgileThought by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AgileThought Corporate Management
Elected by the shareholders, the AgileThought's board of directors comprises two types of representatives: AgileThought inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AgileThought. The board's role is to monitor AgileThought's management team and ensure that shareholders' interests are well served. AgileThought's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AgileThought's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Garduno ElizondoMauricio | VP Director | Profile | |
| Kevin Johnston | Global Officer | Profile | |
| Diego Zavala | Director MA | Profile | |
| Diana Abril | Chief Sec | Profile | |
| Amit Singh | Chief Officer | Profile | |
| Manuel Fernandez | CEO Chairman | Profile | |
| Clare DeBoef | Chief Officer | Profile |
Still Interested in AgileThought?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in AgileThought Stock
If you are still planning to invest in AgileThought check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the AgileThought's history and understand the potential risks before investing.
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