UPS CDR Correlations
| UPS Stock | 10.92 0.12 1.09% |
The current 90-days correlation between UPS CDR and Cogeco Communications is 0.17 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as UPS CDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UPS CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
UPS CDR Correlation With Market
Weak diversification
The correlation between UPS CDR and DJI is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding UPS CDR and DJI in the same portfolio, assuming nothing else is changed.
UPS |
The ability to find closely correlated positions to UPS CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UPS CDR 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 UPS CDR - 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 UPS CDR to buy it.
Moving against UPS Stock
| 0.76 | ELVA | Electrovaya | PairCorr |
| 0.74 | WMT | Walmart Inc CDR | PairCorr |
| 0.72 | GOOG | Alphabet CDR | PairCorr |
| 0.72 | WLF | Wolfden Resources | PairCorr |
| 0.69 | ALS | Altius Minerals | PairCorr |
| 0.67 | EQX | Equinox Gold Corp | PairCorr |
| 0.64 | AAPL | Apple Inc CDR | PairCorr |
| 0.63 | GRN | Greenlane Renewables | PairCorr |
| 0.61 | FVI | Fortuna Silver Mines | PairCorr |
| 0.61 | RBA | Ritchie Bros Auctioneers | PairCorr |
| 0.59 | META | Meta Platforms CDR | PairCorr |
| 0.58 | LPK | Lupaka Gold Corp | PairCorr |
| 0.54 | JPM | JPMorgan Chase Earnings Call This Week | PairCorr |
| 0.53 | CHEV | CHEVRON CDR | PairCorr |
| 0.5 | BITF | Bitfarms | PairCorr |
| 0.48 | EGT | Eguana Technologies | PairCorr |
| 0.38 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.32 | MSFT | Microsoft Corp CDR | PairCorr |
Related Correlations Analysis
| 0.0 | -0.23 | 0.01 | -0.22 | 0.0 | CCA | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 1.0 | CUB | ||
| -0.23 | 0.0 | -0.86 | 0.85 | 0.0 | MKO | ||
| 0.01 | 0.0 | -0.86 | -0.63 | 0.0 | PNC-A | ||
| -0.22 | 0.0 | 0.85 | -0.63 | 0.0 | CHE-UN | ||
| 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | TGS | ||
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 UPS Stock performing well and UPS CDR 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 UPS CDR'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CCA | 0.81 | (0.17) | 0.00 | 4.38 | 0.00 | 1.12 | 8.83 | |||
| CUB | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MKO | 1.94 | 0.79 | 0.36 | (1.69) | 1.34 | 4.36 | 12.24 | |||
| PNC-A | 0.86 | (0.40) | 0.00 | 65.17 | 0.00 | 0.00 | 15.60 | |||
| CHE-UN | 0.79 | 0.33 | 0.35 | (2.21) | 0.00 | 2.20 | 11.92 | |||
| TGS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in UPS CDR 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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UPS CDR Corporate Management
Elected by the shareholders, the UPS CDR's board of directors comprises two types of representatives: UPS CDR inside directors who are chosen from within the company, and outside directors, selected externally and held independent of UPS. The board's role is to monitor UPS CDR's management team and ensure that shareholders' interests are well served. UPS CDR'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, UPS CDR's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Bala Subramanian | EVP Officer | Profile | |
| Kathleen Gutmann | Healthcare International | Profile | |
| Laura Lane | Executive Officer | Profile | |
| PJ Guido | Investor Officer | Profile |