Oracle Correlations
| ORCL34 Stock | BRL 134.30 3.07 2.34% |
Current 90-days correlation between Oracle and Tyson Foods is -0.01 (i.e., Excellent diversification).Investors use its correlation structure to evaluate hedging opportunities and diversification potential.
Market Correlation for Oracle
Good diversification
The correlation between Oracle and Dow Jones is 0.1, which Macroaxis classifies as Good diversification for the selected horizon. A 0.1 reading means Oracle and Dow Jones have very little price overlap, which supports diversification.
Oracle |
The correlation profile for Oracle summarizes co-movement with comparable assets. In some jurisdictions, wash sale rules restrict substantially identical replacements.
Moving together with Oracle Stock
| 0.95 | MSFT34 | Microsoft | PairCorr |
| 0.81 | JPMC34 | JPMorgan Chase | PairCorr |
| 0.72 | H1DB34 | HDFC Bank Limited | PairCorr |
| 0.63 | GSGI34 | Goldman Sachs | PairCorr |
| 0.73 | CTGP34 | Citigroup | PairCorr |
| 0.75 | BOAC34 | Bank of America | PairCorr |
| 0.73 | DBAG34 | Deutsche Bank | PairCorr |
| 0.79 | MSBR34 | Morgan Stanley | PairCorr |
Moving against Oracle Stock
| 0.93 | CLSC4 | Centrais Eltricas | PairCorr |
| 0.83 | CMIG3 | Companhia Energtica | PairCorr |
| 0.78 | CRDA34 | Credit Acceptance | PairCorr |
| 0.77 | MAPT4 | Cemepe Investimentos | PairCorr |
| 0.7 | CTKA4 | Karsten SA | PairCorr |
| 0.63 | TSMC34 | Taiwan Semiconductor | PairCorr |
| 0.59 | PCIP11 | Fundo De Investimento | PairCorr |
| 0.48 | H1SB34 | HSBC Holdings plc | 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
Oracle Company can look attractive on recent price action while risk efficiency lags the peer group. Reviewing Oracle's risk-adjusted indicators gives a clearer view of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MLAS3 | 2.17 | -0.01 | 0.00 | -0.08 | 0.00 | 4.13 | 12.99 | |||
| LBRD34 | 2.23 | 0.05 | 0.05 | -0.24 | 2.77 | 4.28 | 25.07 | |||
| U1HS34 | 1.25 | -0.28 | 0.00 | 6.04 | 0.00 | 2.54 | 23.71 | |||
| TSNF34 | 0.57 | 0.12 | 0.10 | 0.66 | 0.54 | 0.59 | 17.13 | |||
| P1EA34 | 0.88 | -0.02 | 0.00 | -0.82 | 0.00 | 1.64 | 12.43 | |||
| VERZ34 | 1.45 | 0.29 | 0.27 | -2.34 | 1.14 | 3.58 | 15.89 | |||
| H1RL34 | 0.55 | -0.11 | 0.00 | -0.50 | 0.00 | 0.92 | 14.89 |
Be your own money manager
Portfolio optimization matters because investors need a repeatable way to decide whether adding Oracle improves expected return without taking on disproportionate risk. A stronger allocation process asks what the position adds to the portfolio, not just what it might do on its own.
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Oracle Corporate Management
Governance context around Oracle gives investors another way to assess whether decision-making power is balanced, accountable, and aligned with shareholder priorities. This becomes more valuable when investors want to compare oversight quality across firms that may otherwise look financially similar.
| Joyce Westerdahl | Ex HR | Profile | |
| Mark Sunday | VP Officer | Profile | |
| Douglas Kehring | Exec Operations | Profile | |
| Edward Screven | Exec Architect | Profile | |
| Ivgen Guner | Exec Fin | Profile |