Genpact Correlations
| G Stock | USD 46.49 0.33 0.70% |
The current 90-days correlation between Genpact Limited and ASGN Inc is 0.31 (i.e., Weak diversification). The correlation of Genpact 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.
Genpact Correlation With Market
Very weak diversification
The correlation between Genpact Limited and DJI is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Genpact Limited and DJI in the same portfolio, assuming nothing else is changed.
Genpact |
Moving together with Genpact Stock
| 0.84 | WM | Waste Management | PairCorr |
| 0.68 | AXR | AMREP | PairCorr |
| 0.96 | DLX | Deluxe | PairCorr |
| 0.79 | HNI | HNI Corp | PairCorr |
| 0.96 | INOD | Innodata Downward Rally | PairCorr |
| 0.88 | PYCR | Paycor HCM | PairCorr |
| 0.84 | ACCO | Acco Brands | PairCorr |
| 0.85 | CTAS | Cintas | PairCorr |
| 0.87 | R | Ryder System | PairCorr |
| 0.86 | DIST | Distoken Acquisition | PairCorr |
| 0.87 | AL | Air Lease | PairCorr |
| 0.72 | AZ | A2Z Smart Technologies | PairCorr |
| 0.81 | BE | Bloom Energy Corp | PairCorr |
Moving against Genpact Stock
| 0.88 | HDSN | Hudson Technologies | PairCorr |
| 0.75 | BCO | Brinks Company | PairCorr |
| 0.66 | MG | Mistras Group | PairCorr |
| 0.61 | LNZA | LanzaTech Global | PairCorr |
| 0.46 | CDTG | CDT Environmental | PairCorr |
| 0.43 | BLMZ | BloomZ Ordinary Shares | PairCorr |
| 0.4 | RELX | Relx PLC ADR | PairCorr |
| 0.7 | HY | Hyster Yale Materials | PairCorr |
| 0.69 | FC | Franklin Covey | PairCorr |
| 0.66 | CP | Canadian Pacific Railway | PairCorr |
| 0.59 | OP | Oceanpal | PairCorr |
| 0.56 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.54 | GP | GreenPower Motor | PairCorr |
| 0.31 | AP | Ampco Pittsburgh | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Genpact Stock performing well and Genpact 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 Genpact'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WNS | 1.62 | (0.26) | 0.00 | (0.17) | 0.00 | 2.95 | 13.44 | |||
| ASGN | 1.50 | (0.30) | 0.00 | (0.03) | 0.00 | 2.35 | 13.02 | |||
| CACI | 1.26 | (0.08) | (0.04) | 0.02 | 2.53 | 2.84 | 14.84 | |||
| PRFT | 0.10 | 0.02 | (0.85) | (0.76) | 0.00 | 0.23 | 0.58 | |||
| EXLS | 1.04 | 0.25 | 0.31 | 0.35 | 0.40 | 2.56 | 8.35 | |||
| SAIC | 1.23 | (0.13) | 0.00 | (0.05) | 0.00 | 1.89 | 19.63 | |||
| CLVT | 2.28 | (0.03) | 0.00 | 0.15 | 0.00 | 4.52 | 31.28 | |||
| TTEC | 3.48 | 0.02 | 0.02 | 0.14 | 3.28 | 6.44 | 56.54 | |||
| TWKS | 0.28 | 0.03 | (0.16) | 0.60 | 0.24 | 0.68 | 2.49 | |||
| CDW | 1.43 | (0.54) | 0.00 | (0.25) | 0.00 | 1.68 | 14.61 |