Hugo Boss Related Correlations

BOSS Stock

EUR 49.99 0.81 1.65%

Generate correlation matrix for Hugo Boss and other related equities to check the degree to which Hugo Boss AG 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 Hugo Boss AG. To filter out specific equities, please toggle its corresponding legend item. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hugo Boss AG. 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.

Specify up to 10 symbols:

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

	H4L1	GIFN	YE42	CBR	CIN0	PSM	8P8
H4L1		-0.89	-0.56	0.86	0.79	0.62	-0.9	H4L1
GIFN	-0.89		0.46	-0.83	-0.78	-0.48	0.87	GIFN
YE42	-0.56	0.46		-0.62	-0.81	-0.62	0.33	YE42
CBR	0.86	-0.83	-0.62		0.8	0.71	-0.8	CBR
CIN0	0.79	-0.78	-0.81	0.8		0.62	-0.64	CIN0
PSM	0.62	-0.48	-0.62	0.71	0.62		-0.49	PSM
8P8	-0.9	0.87	0.33	-0.8	-0.64	-0.49		8P8
	H4L1	GIFN	YE42	CBR	CIN0	PSM	8P8

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

8P8	+ 0.87	GIFN
CBR	+ 0.86	H4L1
CIN0	+ 0.8	CBR
CIN0	+ 0.79	H4L1
PSM	+ 0.71	CBR
PSM	+ 0.62	H4L1

High negative correlations

8P8	- 0.9	H4L1
GIFN	- 0.89	H4L1
CBR	- 0.83	GIFN
CIN0	- 0.81	YE42
8P8	- 0.8	CBR
CIN0	- 0.78	GIFN

Risk-Adjusted Indicators

There is a big difference between Hugo Stock performing well and Hugo Boss 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 Hugo Boss' 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
H4L1	2.53	0.34	0.11	0.81	2.53	(3.17)	6.67	(3.68)	23.25
GIFN	1.09	(0.07)	0.00	0.57	0.00	0.00	1.82	(2.63)	12.13
YE42	0.62	(0.06)	0.00	0.31	0.00	0.00	1.16	(2.13)	11.05
CBR	1.51	0.31	0.11	(0.30)	1.30	(2.12)	3.82	(2.56)	7.36
CIN0	2.23	0.53	0.17	(0.95)	1.94	(3.13)	5.61	(3.77)	25.15
PSM	2.77	0.47	0.13	1.72	3.01	(3.25)	6.29	(5.50)	16.89
8P8	1.84	(0.59)	0.00	1.02	0.00	0.00	2.68	(3.49)	24.05

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Hugo Boss Related Correlations

Specify up to 10 symbols:

Correlations

Correlation Matchups

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY