Cresud SACIF Correlations

CRESY Stock  USD 13.68  0.26  1.94%   
The current 90-days correlation between Cresud SACIF y and Matthews International is 0.3 (i.e., Weak diversification). The correlation of Cresud SACIF 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. If the correlation is 0, the equities are not correlated; they are entirely random.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cresud SACIF y. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with Cresud Stock

  0.69PK Park Hotels ResortsPairCorr
  0.68UE Urban Edge PropertiesPairCorr
  0.77EQIX EquinixPairCorr
  0.7AAT American Assets TrustPairCorr
  0.81AHR American Healthcare REIT,PairCorr
  0.76AKR Acadia Realty TrustPairCorr
  0.7BHR Braemar Hotel ResortsPairCorr
  0.65BRT BRT Realty TrustPairCorr
  0.88BRX Brixmor PropertyPairCorr

Moving against Cresud Stock

  0.81O Realty IncomePairCorr
  0.74ARE Alexandria Real EstatePairCorr
  0.65AMT American Tower CorpPairCorr
  0.62FR First Industrial RealtyPairCorr
  0.56ELME Elme CommunitiesPairCorr
  0.54ALX AlexandersPairCorr
  0.5VICI VICI PropertiesPairCorr
  0.49WHLR Wheeler Real EstatePairCorr
  0.44WY Weyerhaeuser Fiscal Year End 23rd of January 2025 PairCorr
  0.87DEA Eerly Govt PptyPairCorr
  0.82DHC Diversified HealthcarePairCorr
  0.8GNL Global Net Lease,PairCorr
  0.76BNL Broadstone Net LeasePairCorr
  0.75HPP Hudson Pacific PropertiesPairCorr
  0.68CCI Crown Castle Fiscal Year End 22nd of January 2025 PairCorr
  0.66EPR EPR PropertiesPairCorr
  0.65EGP EastGroup PropertiesPairCorr

Related Correlations Analysis

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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   
SPLP-PAVMI
MATWGFF
CODISPLP-PA
CODIGFF
CODIVMI
BBUGFF
  
High negative correlations   
CODI-PAGFF
CODI-PABBU
TRCVMI
CODICODI-PA
CODI-PAMATW
TRCSPLP-PA

Risk-Adjusted Indicators

There is a big difference between Cresud Stock performing well and Cresud SACIF 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 Cresud SACIF'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.

Cresud SACIF Corporate Management

Mariana ElsztainSecretaryProfile
Eran SaarChief DICProfile
Gil CPAChief IsraelProfile
Diego BiausOperations ManagerProfile
Gil KotlerChief IsraelProfile