Cresud SACIF Correlations

CRESY Stock  USD 13.73  0.31  2.31%   
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 0.14 (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

  0.77PK Park Hotels ResortsPairCorr
  0.72UE Urban Edge PropertiesPairCorr
  0.91EQIX EquinixPairCorr
  0.65WELL WelltowerPairCorr
  0.7AAT American Assets TrustPairCorr
  0.85AHR American Healthcare REIT,PairCorr
  0.78AKR Acadia Realty TrustPairCorr
  0.77BHR Braemar Hotel ResortsPairCorr
  0.68BRT BRT Realty TrustPairCorr
  0.89BRX Brixmor PropertyPairCorr

Moving against Cresud Stock

  0.81O Realty IncomePairCorr
  0.75ARE Alexandria Real EstatePairCorr
  0.69WHLR Wheeler Real EstatePairCorr
  0.68FR First Industrial RealtyPairCorr
  0.68AMT American Tower CorpPairCorr
  0.58ELME Elme CommunitiesPairCorr
  0.51VICI VICI PropertiesPairCorr
  0.48ALX AlexandersPairCorr
  0.31WY Weyerhaeuser Fiscal Year End 23rd of January 2025 PairCorr
  0.84GNL Global Net Lease,PairCorr
  0.82DEA Eerly Govt PptyPairCorr
  0.81HPP Hudson Pacific PropertiesPairCorr
  0.79DHC Diversified HealthcarePairCorr
  0.77BNL Broadstone Net LeasePairCorr
  0.73EGP EastGroup PropertiesPairCorr
  0.72CCI Crown Castle Fiscal Year End 22nd of January 2025 PairCorr
  0.66EPR EPR 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
CODIGFF
SPLP-PABBU
CODIBBU
CODIVMI
MATWGFF
  
High negative correlations   
CODI-PAGFF
CODICODI-PA
CODI-PABBU
CODI-PASPLP-PA
CODI-PAVMI
TRCVMI

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