Mothercare PLC Correlations
| MTC Stock | 2.24 0.14 5.88% |
The current 90-days correlation between Mothercare PLC and Premier Foods PLC is -0.05 (i.e., Good diversification). The correlation of Mothercare PLC 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.
Mothercare PLC Correlation With Market
Good diversification
The correlation between Mothercare PLC and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mothercare PLC and DJI in the same portfolio, assuming nothing else is changed.
Mothercare |
The ability to find closely correlated positions to Mothercare PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mothercare PLC 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 Mothercare PLC - 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 Mothercare PLC to buy it.
Moving against Mothercare Stock
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| 0.82 | SBID | State Bank | PairCorr |
| 0.79 | ARR | Aurora Investment Trust | PairCorr |
| 0.79 | OIT | Odyssean Investment Trust | PairCorr |
| 0.78 | WWH | Worldwide Healthcare | PairCorr |
| 0.76 | JFJ | JPMorgan Japanese Earnings Call This Week | PairCorr |
| 0.75 | 0QM2 | Berner Kantonalbank | PairCorr |
| 0.74 | TYT | Toyota Motor Corp | PairCorr |
| 0.73 | 0R15 | SoftBank Group Corp | PairCorr |
| 0.72 | 0QQZ | St Galler Kantonalbank | PairCorr |
| 0.7 | 0HLQ | Bank of New | PairCorr |
| 0.68 | 0L4F | Sealed Air Corp | PairCorr |
| 0.66 | 0KRX | Prudential Financial | PairCorr |
| 0.66 | 0QK6 | Logitech International | PairCorr |
| 0.63 | 0GDR | UNIQA Insurance Group | PairCorr |
| 0.56 | 0RLW | Commerzbank AG | PairCorr |
| 0.5 | GSC | GS Chain PLC | PairCorr |
| 0.41 | GFM | Griffin Mining | PairCorr |
| 0.35 | RICA | Ruffer Investment | PairCorr |
| 0.32 | ECO | Eco Oil Gas | PairCorr |
| 0.31 | RNWH | Renew Holdings plc | PairCorr |
| 0.92 | 0R0E | General Motors | PairCorr |
| 0.85 | 0R08 | United Parcel Service | PairCorr |
| 0.83 | IHG | InterContinental Hotels | PairCorr |
| 0.83 | MNG | MG Plc | PairCorr |
| 0.79 | NXT | Next PLC | PairCorr |
| 0.78 | 0JWG | MKS Instruments | PairCorr |
| 0.77 | LLPC | Lloyds Banking Group | PairCorr |
| 0.76 | 0R2T | Micron Technology Earnings Call This Week | PairCorr |
| 0.73 | BIOG | Biotech Growth | PairCorr |
| 0.71 | ELLA | Ecclesiastical Insurance | PairCorr |
Related Correlations Analysis
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 Mothercare Stock performing well and Mothercare PLC 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 Mothercare PLC'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PFD | 0.75 | (0.13) | 0.00 | 0.67 | 0.00 | 1.38 | 6.42 | |||
| NBB | 0.24 | (0.09) | 0.00 | 11.35 | 0.00 | 0.00 | 5.17 | |||
| 0R6R | 0.65 | (0.19) | 0.00 | (2.00) | 0.00 | 1.03 | 7.34 | |||
| ROAD | 0.82 | 0.39 | 0.16 | 4.44 | 0.40 | 3.67 | 7.98 | |||
| 0RFX | 0.73 | (0.18) | 0.00 | 0.93 | 0.00 | 1.25 | 4.40 | |||
| 0M1K | 0.03 | 0.01 | 0.00 | (0.23) | 0.00 | 0.00 | 0.97 | |||
| 0N7I | 0.98 | (0.08) | 0.00 | (0.07) | 0.00 | 1.75 | 8.26 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Mothercare PLC 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?
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Mothercare PLC Corporate Management
Elected by the shareholders, the Mothercare PLC's board of directors comprises two types of representatives: Mothercare PLC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mothercare. The board's role is to monitor Mothercare PLC's management team and ensure that shareholders' interests are well served. Mothercare PLC'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, Mothercare PLC's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daniel Vesconteas | Chief Officer | Profile | |
| Jo Nicholls | Chief Board | Profile | |
| Kevin Rusling | Chief Officer | Profile | |
| Karen Tyler | Chief Officer | Profile | |
| Harriet Poppleton | Head Commercial | Profile | |
| Lynne Medini | Group Secretary | Profile |