Gap, Correlations
| GAP Stock | 24.22 0.07 0.29% |
The current 90-days correlation between Gap, and FactSet Research Systems is 0.24 (i.e., Modest diversification). The correlation of Gap, 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.
Gap, Correlation With Market
Weak diversification
The correlation between The Gap, and DJI is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Gap, and DJI in the same portfolio, assuming nothing else is changed.
Gap, |
Moving together with Gap, Stock
Moving against Gap, Stock
| 0.45 | RAY | Raytech Holding | PairCorr |
| 0.43 | ASO | Academy Sports Outdoors Earnings Call Today | PairCorr |
| 0.39 | YJ | Yunji Inc | PairCorr |
| 0.39 | BBY | Best Buy | PairCorr |
| 0.41 | GV | Visionary Education | PairCorr |
| 0.37 | SCVL | Shoe Carnival | PairCorr |
| 0.31 | NEGG | Newegg Commerce | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Gap, Stock performing well and Gap, 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 Gap,'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SPHR | 2.10 | (0.40) | 0.00 | (0.20) | 0.00 | 5.06 | 14.27 | |||
| RUM | 3.52 | 0.12 | 0.06 | 0.18 | 3.71 | 8.96 | 27.96 | |||
| FDS | 0.91 | 0.18 | 0.15 | 0.37 | 0.80 | 2.25 | 7.46 | |||
| ASUR | 1.83 | 0.01 | 0.02 | 0.13 | 3.01 | 5.27 | 19.48 | |||
| SSYS | 3.00 | 0.15 | 0.08 | 0.20 | 3.02 | 9.26 | 25.45 | |||
| AIHS | 3.36 | (0.18) | 0.00 | 0.27 | 0.00 | 6.62 | 23.93 | |||
| WB | 2.80 | 0.28 | 0.05 | 0.95 | 3.20 | 7.48 | 23.98 | |||
| WNW | 2.75 | 0.13 | 0.03 | 0.29 | 2.82 | 7.41 | 29.28 |
Gap, Corporate Executives
Elected by the shareholders, the Gap,'s board of directors comprises two types of representatives: Gap, inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gap,. The board's role is to monitor Gap,'s management team and ensure that shareholders' interests are well served. Gap,'s inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gap,'s outside directors are responsible for providing unbiased perspectives on the board's policies.
| Katrina OConnell | Executive CFO | Profile |