PageGroup Plc Correlations

Stocks . Germany . 
Stock . PageGroup plc
3MI Stock  EUR 4.04  0.12  2.88%   
The current 90-days correlation between PageGroup plc and Hays plc is 0.2 (i.e., Modest diversification). The correlation of PageGroup 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.

PageGroup Plc Correlation With Market

Good diversification

The correlation between PageGroup plc and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PageGroup plc and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to PageGroup 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 PageGroup 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 PageGroup 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 PageGroup plc to buy it.

Moving together with PageGroup Stock

  0.64MPW ManpowerGroupPairCorr
  0.7HAY Hays plcPairCorr

Moving against PageGroup Stock

  0.58JBL JABIL CIRCUITPairCorr
  0.49UVV Universal CorpPairCorr
  0.47XTP Sino AGPairCorr
  0.46HEI Heidelberg MaterialsPairCorr
  0.46SAP SAP SEPairCorr
  0.462PP PayPal HoldingsPairCorr
  0.4474F LIFE BANC SPLITPairCorr
  0.31UF2 Sunstone Hotel InvestorsPairCorr
  0.65CMAB Mapfre SAPairCorr
  0.627SU Summit MaterialsPairCorr
  0.59BN9 The BankPairCorr
  0.54AKX ANSYS IncPairCorr
  0.51ACT AlzChem Group AGPairCorr
  0.46ACT AlzChem Group AGPairCorr
  0.46TF7A Tyson FoodsPairCorr
  0.46DTG Daimler Truck HoldingPairCorr
  0.44ML2 Ming Le SportsPairCorr
  0.4E6Q GOLD ROAD RESPairCorr
  0.338II PLAYTIKA HOLDINGPairCorr

Related Correlations Analysis

Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.

Be your own money manager

Our tools can tell you how much better you can do entering a position in PageGroup 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?

Run Global Correlations Now

   

Global Correlations

Find global opportunities by holding instruments from different markets
All  Next Launch Module

PageGroup Plc Corporate Management

Elected by the shareholders, the PageGroup Plc's board of directors comprises two types of representatives: PageGroup Plc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PageGroup. The board's role is to monitor PageGroup Plc's management team and ensure that shareholders' interests are well served. PageGroup 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, PageGroup Plc's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kelvin StaggMember CFOProfile
Steve HallamManaging DirectorProfile
FIoD MCIArbDirector ServicesProfile
Gary JamesChief OfficerProfile
Patrick HollardMiddle AmericaProfile
Stephen InghamMember CEOProfile
Jeremy TathamGroup ControllerProfile
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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY