Cresud SACIF Correlations

CRESY Stock  USD 12.98  0.27  2.04%   
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

  0.72PK Park Hotels ResortsPairCorr
  0.76UE Urban Edge PropertiesPairCorr
  0.9EQIX EquinixPairCorr
  0.72WELL WelltowerPairCorr
  0.71AAT American Assets TrustPairCorr
  0.84AHR American Healthcare REIT,PairCorr
  0.78AKR Acadia Realty TrustPairCorr
  0.75BHR Braemar Hotel ResortsPairCorr
  0.68BRT BRT Realty TrustPairCorr
  0.9BRX Brixmor PropertyPairCorr

Moving against Cresud Stock

  0.8O Realty IncomePairCorr
  0.71AMT American Tower Corp Sell-off TrendPairCorr
  0.71ARE Alexandria Real EstatePairCorr
  0.65FR First Industrial RealtyPairCorr
  0.59ELME Elme CommunitiesPairCorr
  0.59WHLR Wheeler Real EstatePairCorr
  0.49VICI VICI PropertiesPairCorr
  0.43ALX AlexandersPairCorr
  0.32AHH Armada Hflr PrPairCorr
  0.78DHC Diversified HealthcarePairCorr
  0.76DEA Eerly Govt PptyPairCorr
  0.75BNL Broadstone Net LeasePairCorr
  0.71EGP EastGroup PropertiesPairCorr
  0.69CCI Crown Castle Fiscal Year End 22nd of January 2025 PairCorr
  0.66EPR EPR PropertiesPairCorr
  0.42EXR Extra Space StoragePairCorr
  0.38CIO City OfficePairCorr

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
SPLP-PABBU
CODIGFF
CODIBBU
CODIVMI
BBUVMI
  
High negative correlations   
CODI-PAGFF
CODI-PABBU
CODICODI-PA
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