Arcos Dorados Correlations
| ARCO Stock | USD 9.17 0.32 3.37% |
The correlation of Arcos Dorados 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 Arcos Dorados moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arcos Dorados Holdings 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, which includes a position in Arcos Dorados Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. Arcos |
The ability to find closely correlated positions to Arcos Dorados could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arcos Dorados 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 Arcos Dorados - 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 Arcos Dorados Holdings to buy it.
Moving together with Arcos Stock
| + | 0.61 | MCD | McDonalds | Fiscal Quarter End 30th of September 2023 | PairCorr | |
| + | 0.66 | M | Macys Inc | Fiscal Quarter End 31st of October 2023 | PairCorr | |
| + | 0.79 | JD | JD Inc Adr | Fiscal Quarter End 30th of September 2023 | PairCorr | |
| + | 0.67 | RH | RH | Fiscal Quarter End 31st of October 2023 | PairCorr | |
| + | 0.68 | DLTR | Dollar Tree | Fiscal Quarter End 31st of October 2023 | PairCorr | |
| + | 0.79 | WRBY | Warby Parker | Sell-off Trend | PairCorr |
Moving against Arcos Stock
| - | 0.5 | FUN | Cedar Fair LP | Fiscal Quarter End 30th of September 2023 | PairCorr |
Related Correlations Analysis
CCF | SHLLF | BCPC | CF | MATV | ||
CCF | 0.78 | 0.3 | 0.75 | 0.45 | CCF | |
SHLLF | 0.78 | 0.25 | 0.86 | 0.42 | SHLLF | |
BCPC | 0.3 | 0.25 | 0.0 | 0.7 | BCPC | |
CF | 0.75 | 0.86 | 0.0 | 0.34 | CF | |
MATV | 0.45 | 0.42 | 0.7 | 0.34 | MATV | |
CCF | SHLLF | BCPC | CF | MATV |
| 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
|
Risk-Adjusted Indicators
There is a big difference between Arcos Stock performing well and Arcos Dorados 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 Arcos Dorados' 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 | Information Ratio | Expected Shortfall | Potential Upside | Value At@Risk | Maximum Drawdown | |
|---|---|---|---|---|---|---|---|---|---|---|
| CCF | 0.50 | 0.00 | 0.01 | 0.01 | 0.98 | 0.0123 | (0.47) | 1.34 | (1.30) | 5.31 |
| SHLLF | 2.59 | 1.11 | 0.31 | 1.71 | 1.05 | 0.28 | (7.23) | 10.04 | (4.48) | 17.01 |
| BCPC | 0.89 | (0.04) | 0.00 | (0.05) | 0.00 | (0.0311) | 0.00 | 1.99 | (1.56) | 7.66 |
| CF | 1.51 | 0.31 | 0.20 | 0.35 | 1.31 | 0.16 | (1.74) | 3.82 | (2.60) | 7.81 |
| MATV | 1.59 | 0.01 | 0.01 | 0.00 | 1.71 | 0.0047 | (2.03) | 3.66 | (2.94) | 16.68 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Arcos Dorados 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.Did you try this?
Run Bond Analysis Now
Bond AnalysisEvaluate and analyze corporate bonds as a potential investment for your portfolios. |
| All Next | Launch Module |
Arcos Dorados Corporate Directors
Arcos Dorados corporate directors refer to members of an Arcos Dorados board of directors. The board of directors generally takes responsibility for the Arcos Dorados' 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 Arcos Dorados' board members must vote for the resolution. The Arcos Dorados board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Michael Chu | independent Director | Profile | |
| Alfredo Ayub | independent directors | Profile | |
| Sonia Ruseler | Senior Director - Corporate Communications | Profile | |
| Jose Cadavid | independent Director | Profile |
Already Invested in Arcos Dorados Holdings?
The danger of trading Arcos Dorados Holdings 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 Arcos Dorados 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 Arcos Dorados. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Arcos Dorados Holdings 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arcos Dorados Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. Note that the Arcos Dorados Holdings information on this page should be used as a complementary analysis to other Arcos Dorados' 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 the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Arcos Stock analysis
When running Arcos Dorados' price analysis, check to measure Arcos Dorados' 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 Arcos Dorados is operating at the current time. Most of Arcos Dorados' value examination focuses on studying past and present price action to predict the probability of Arcos Dorados' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arcos Dorados' price. Additionally, you may evaluate how the addition of Arcos Dorados to your portfolios can decrease your overall portfolio volatility.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |
Is Arcos Dorados' 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 Arcos Dorados. If investors know Arcos 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 Arcos Dorados listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.89 | Dividend Share 0.19 | Earnings Share 0.79 | Revenue Per Share 18.858 | Quarterly Revenue Growth 0.172 |
The market value of Arcos Dorados Holdings is measured differently than its book value, which is the value of Arcos that is recorded on the company's balance sheet. Investors also form their own opinion of Arcos Dorados' value that differs from its market value or its book value, called intrinsic value, which is Arcos Dorados' 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 Arcos Dorados' market value can be influenced by many factors that don't directly affect Arcos Dorados' 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 Arcos Dorados' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arcos Dorados is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arcos Dorados' 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.