Gap Correlations

Summary

GPSDelisted Stock

USD 23.28 0.18 0.78%

The current 90-days correlation between Gap Inc and Abercrombie Fitch is -0.12 (i.e., Good 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

Very good diversification

The correlation between Gap Inc and DJI is -0.23 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gap Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving against Gap Stock

0.51	XOM	Exxon Mobil Corp Fiscal Year End 7th of February 2025	Pair Corr
0.47	CSCO	Cisco Systems Sell-off Trend	Pair Corr
0.46	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.44	TRCA	Twin Ridge Capital	Pair Corr
0.42	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.41	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.39	ARTE	Artemis Strategic	Pair Corr
0.38	AAC	Ares Acquisition	Pair Corr
0.38	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.36	INTE	Integral Acquisition	Pair Corr
0.34	APAC	Stonebridge Acquisition Symbol Change	Pair Corr
0.33	BAC	Bank of America Aggressive Push	Pair Corr

Related Correlations Analysis

	ANF	URBN	FL	PLCE	AEO	LULU	BURL	HIBB	EXPR
ANF		0.32	-0.12	0.09	0.17	0.3	0.08	0.07	-0.3	ANF
URBN	0.32		0.01	0.42	-0.19	0.44	0.55	0.12	0.01	URBN
FL	-0.12	0.01		-0.34	0.25	-0.55	0.35	-0.5	0.77	FL
PLCE	0.09	0.42	-0.34		-0.07	0.45	0.2	0.43	-0.29	PLCE
AEO	0.17	-0.19	0.25	-0.07		-0.52	-0.34	-0.3	0.1	AEO
LULU	0.3	0.44	-0.55	0.45	-0.52		-0.01	0.34	-0.65	LULU
BURL	0.08	0.55	0.35	0.2	-0.34	-0.01		-0.06	0.58	BURL
HIBB	0.07	0.12	-0.5	0.43	-0.3	0.34	-0.06		-0.45	HIBB
EXPR	-0.3	0.01	0.77	-0.29	0.1	-0.65	0.58	-0.45		EXPR
	ANF	URBN	FL	PLCE	AEO	LULU	BURL	HIBB	EXPR

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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

EXPR	+ 0.77	FL
EXPR	+ 0.58	BURL
BURL	+ 0.55	URBN
LULU	+ 0.45	PLCE
LULU	+ 0.44	URBN
HIBB	+ 0.43	PLCE

High negative correlations

EXPR	- 0.65	LULU
LULU	- 0.55	FL
LULU	- 0.52	AEO
HIBB	- 0.5	FL
EXPR	- 0.45	HIBB
BURL	- 0.34	AEO

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
ANF	2.50	0.00	0.01	0.12	2.73	(2.66)	4.82	(4.98)	14.20
URBN	1.86	0.35	0.20	0.54	1.42	(2.30)	3.90	(2.61)	7.06
FL	2.17	(0.37)	0.00	(0.16)	0.00	0.00	4.66	(4.63)	13.15
PLCE	7.88	2.04	0.31	1.11	6.05	(10.03)	24.62	(11.60)	107.65
AEO	1.85	(0.27)	0.00	(0.17)	0.00	0.00	3.55	(4.27)	10.31
LULU	1.65	0.27	0.10	0.67	1.64	(1.72)	3.24	(3.09)	11.09
BURL	1.36	(0.03)	(0.03)	0.09	2.03	(1.25)	2.37	(2.77)	9.11
HIBB	0.65	0.30	0.69	1.42	0.00	(0.67)	0.56	(0.24)	19.75
EXPR	3.66	(0.34)	0.00	(0.46)	0.00	0.00	7.69	(6.76)	24.98

Delisting Warning - GPS

Gap Inc was delisted

The entity Gap Inc with a symbol GPS was delisted from New York Stock Exchange. Please try The Gap, with a symbol GAP from now on. Check all delisted instruments accross multiple markets.

Still Interested in Gap Inc?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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