Gap Correlations
GPSDelisted Stock | USD 23.28 0.18 0.78% |
The current 90-days correlation between Gap Inc and Abercrombie Fitch is 0.21 (i.e., Modest diversification). The correlation of Gap 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Gap Correlation With Market
Modest diversification
The correlation between Gap Inc and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gap Inc and DJI in the same portfolio, assuming nothing else is changed.
Gap |
Moving against Gap Stock
0.52 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | PairCorr |
0.51 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
0.46 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
0.45 | CMTL | Comtech Telecommunicatio | PairCorr |
0.45 | DIS | Walt Disney Fiscal Year End 13th of November 2024 | PairCorr |
0.45 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
0.44 | INTC | Intel Buyout Trend | PairCorr |
0.41 | GE | GE Aerospace Sell-off Trend | PairCorr |
0.35 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
0.32 | PBCRF | PT Bank Central | PairCorr |
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between Gap Stock performing well and Gap 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 Gap'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
ANF | 2.92 | (0.19) | 0.00 | (0.02) | 0.00 | 5.24 | 24.22 | |||
URBN | 1.84 | (0.40) | 0.00 | (0.17) | 0.00 | 3.25 | 12.65 | |||
FL | 2.42 | (0.32) | 0.00 | (0.11) | 0.00 | 5.74 | 17.54 | |||
PLCE | 7.66 | 1.50 | 0.23 | 0.59 | 6.12 | 24.62 | 107.65 | |||
AEO | 1.92 | (0.18) | 0.00 | (0.05) | 0.00 | 2.98 | 9.65 | |||
LULU | 1.69 | 0.33 | 0.17 | 0.30 | 1.68 | 3.56 | 11.23 | |||
BURL | 1.35 | (0.14) | 0.00 | (0.06) | 0.00 | 2.89 | 10.09 | |||
HIBB | 0.65 | 0.40 | 0.93 | (0.24) | 0.00 | 0.56 | 19.75 | |||
EXPR | 3.66 | (0.35) | 0.00 | (0.17) | 0.00 | 7.69 | 24.98 |
Delisting Warning - GPS
Gap Inc was delisted
The entity Gap Inc with a symbol GPS was delisted from New York Stock Exchange. Please try The Gap, with a symbol GAP from now on. Check all delisted instruments accross multiple markets. |
Still Interested in Gap Inc?
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.