Cresud SACIF Correlations

CRESY Stock

USD 13.39 0.41 3.16%

The current 90-days correlation between Cresud SACIF y and Matthews International is 0.03 (i.e., Significant 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.

Cresud SACIF Correlation With Market

Average diversification

The correlation between Cresud SACIF y and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cresud SACIF y and DJI in the same portfolio, assuming nothing else is changed.

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

0.75	PK	Park Hotels Resorts	Pair Corr
0.9	EQIX	Equinix	Pair Corr
0.9	BRX	Brixmor Property	Pair Corr
0.86	DLR	Digital Realty Trust	Pair Corr
0.61	FSP	Franklin Street Prop	Pair Corr
0.63	GTY	Getty Realty	Pair Corr
0.71	IRT	Independence Realty Trust	Pair Corr
0.83	KIM	Kimco Realty	Pair Corr
0.75	KRG	Kite Realty Group	Pair Corr
0.86	MAC	Macerich	Pair Corr
0.86	OLP	One Liberty Properties	Pair Corr
0.64	REG	Regency Centers	Pair Corr
0.76	RHP	Ryman Hospitality	Pair Corr
0.85	SKT	Tanger Factory Outlet	Pair Corr
0.82	SPG	Simon Property Group	Pair Corr

Moving against Cresud Stock

0.81	O	Realty Income Sell-off Trend	Pair Corr
0.81	HPP	Hudson Pacific Properties	Pair Corr
0.76	BNL	Broadstone Net Lease	Pair Corr
0.72	EGP	EastGroup Properties	Pair Corr
0.71	CCI	Crown Castle Sell-off Trend	Pair Corr
0.71	NNN	National Retail Prop	Pair Corr
0.7	LXP	LXP Industrial Trust	Pair Corr
0.69	AMT	American Tower Corp	Pair Corr
0.67	EPR	EPR Properties	Pair Corr
0.64	WHLR	Wheeler Real Estate	Pair Corr
0.6	MPW	Medical Properties Trust	Pair Corr
0.7	SBAC	SBA Communications Corp	Pair Corr
0.68	STAG	STAG Industrial	Pair Corr
0.66	OPI	Office Properties Income	Pair Corr
0.66	FR	First Industrial Realty	Pair Corr
0.63	WPC	W P Carey	Pair Corr
0.63	HASI	Hannon Armstrong Sus	Pair Corr
0.61	JBGS	JBG SMITH Properties	Pair Corr
0.59	UK	Ucommune International	Pair Corr
0.47	PSTL	Postal Realty Trust	Pair Corr

Related Correlations Analysis

	GFF	MATW	VMI	SPLP	BBU	SPLP-PA	CODI-PA	TRC	CODI
GFF		0.8	0.67	0.55	0.79	0.68	-0.91	-0.37	0.88	GFF
MATW	0.8		0.6	0.53	0.52	0.5	-0.68	-0.31	0.75	MATW
VMI	0.67	0.6		0.22	0.79	0.9	-0.73	-0.71	0.82	VMI
SPLP	0.55	0.53	0.22		0.39	0.31	-0.45	-0.02	0.42	SPLP
BBU	0.79	0.52	0.79	0.39		0.88	-0.83	-0.42	0.85	BBU
SPLP-PA	0.68	0.5	0.9	0.31	0.88		-0.74	-0.61	0.79	SPLP-PA
CODI-PA	-0.91	-0.68	-0.73	-0.45	-0.83	-0.74		0.5	-0.82	CODI-PA
TRC	-0.37	-0.31	-0.71	-0.02	-0.42	-0.61	0.5		-0.37	TRC
CODI	0.88	0.75	0.82	0.42	0.85	0.79	-0.82	-0.37		CODI
	GFF	MATW	VMI	SPLP	BBU	SPLP-PA	CODI-PA	TRC	CODI

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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-PA	+ 0.9	VMI
CODI	+ 0.88	GFF
SPLP-PA	+ 0.88	BBU
CODI	+ 0.85	BBU
CODI	+ 0.82	VMI
MATW	+ 0.8	GFF

High negative correlations

CODI-PA	- 0.91	GFF
CODI-PA	- 0.83	BBU
CODI	- 0.82	CODI-PA
CODI-PA	- 0.74	SPLP-PA
CODI-PA	- 0.73	VMI
TRC	- 0.71	VMI

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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
GFF	1.71	0.19	0.14	0.25	1.54	(1.99)	3.14	(3.02)	22.84
MATW	1.87	0.14	0.13	0.19	1.81	(2.27)	4.21	(3.74)	24.83
VMI	1.21	0.24	0.20	0.36	0.82	(1.35)	2.65	(1.79)	12.58
SPLP	1.82	0.10	0.02	0.26	2.37	(2.49)	4.41	(3.70)	21.61
BBU	1.55	0.26	0.14	0.38	1.42	(1.68)	3.19	(2.48)	8.49
SPLP-PA	0.14	0.04	(0.45)	2.86	0.00	(0.20)	0.54	(0.21)	1.48
CODI-PA	0.38	(0.10)	0.00	4.14	0.00	0.00	0.93	(0.80)	2.76
TRC	1.31	(0.33)	0.00	(0.08)	0.00	0.00	2.60	(3.12)	14.35
CODI	1.19	0.03	0.04	0.16	1.15	(1.26)	2.52	(1.79)	9.24

Cresud SACIF Corporate Management

Mariana Elsztain	Secretary	Profile
Eran Saar	Chief DIC	Profile
Gil CPA	Chief Israel	Profile
Diego Biaus	Operations Manager	Profile
Gil Kotler	Chief Israel	Profile

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