Accor SA Correlations

Pink Sheets USA . 
Stock . Accor SA
ACRFF Stock  USD 43.93  0.52  1.17%   
The current 90-days correlation between Accor SA and InterContinental Hotels Group is -0.04 (i.e., Good diversification). The correlation of Accor SA 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.
  
The ability to find closely correlated positions to Accor SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Accor SA 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 Accor SA - 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 Accor SA to buy it.

Moving together with Accor Pink Sheet

  0.75MAR Marriott InternationalPairCorr
  0.73HLT Hilton Worldwide HoldingsPairCorr
  0.72IHG InterContinental HotelsPairCorr
  0.77ICHGF InterContinental HotelsPairCorr
  0.79ACCYY Accor SAPairCorr
  0.8WTBCF Whitbread plcPairCorr
  0.75WH Wyndham Hotels ResortsPairCorr
  0.74CHH Choice Hotels InternPairCorr
  0.79SMR Nuscale Power CorpPairCorr
  0.7AAGFF Aftermath Silver Earnings Call TodayPairCorr
  0.71MCS MarcusPairCorr
  0.64BW Babcock Wilcox EnterPairCorr
  0.67ACM Aecom TechnologyPairCorr
  0.72AEVA Aeva Technologies TrendingPairCorr
  0.61BOH Bank of Hawaii Fiscal Year End 27th of January 2025 PairCorr
  0.67DELL Dell TechnologiesPairCorr

Moving against Accor Pink Sheet

  0.65EPGG Empire Global GamingPairCorr
  0.64IMHC Imperalis Holding CorpPairCorr
  0.62TPDDF Talon EnergyPairCorr
  0.36CHHE China Health IndustriesPairCorr
  0.34GBHPF Global Hemp GroupPairCorr
  0.73NUZE Nuzee Inc Symbol ChangePairCorr
  0.67907818FS2 UNP 3799 06PairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Accor Pink Sheet performing well and Accor SA 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 Accor SA'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Accor SA 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.

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Accor SA Corporate Management

Sami NasserEast MiddleProfile
Floor BleekerChief OfficerProfile
Arnaud PatatVP HotelInvestProfile
Christian FlaeschVP SecurityProfile
Charlotte ThouvardVP CommunicationsProfile
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