Moncler SpA Correlations

MONRY Stock

USD 54.50 0.23 0.42%

The current 90-days correlation between Moncler SpA and G III Apparel Group is 0.04 (i.e., Significant diversification). The correlation of Moncler SpA 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.

Moncler SpA Correlation With Market

Good diversification

The correlation between Moncler SpA and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Moncler SpA and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Moncler SpA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Moncler SpA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Moncler SpA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Moncler SpA to buy it.

Moving together with Moncler Pink Sheet

0.77	HMRZF	H M Hennes	Pair Corr
0.68	HNNMY	H M Hennes	Pair Corr
0.91	MONRF	Moncler SpA	Pair Corr
0.61	LEVI	Levi Strauss Fiscal Year End 23rd of January 2025	Pair Corr

Moving against Moncler Pink Sheet

0.83	DORM	Dorman Products	Pair Corr
0.81	MUFG	Mitsubishi UFJ Financial	Pair Corr
0.77	SMFG	Sumitomo Mitsui Financial	Pair Corr
0.75	MFG	Mizuho Financial	Pair Corr
0.74	MSTR	MicroStrategy Incorporated Buyout Trend	Pair Corr
0.65	MBFJF	Mitsubishi UFJ Financial	Pair Corr
0.63	SMFNF	Sumitomo Mitsui Financial	Pair Corr
0.58	AS	Amer Sports,	Pair Corr
0.58	JPHLF	Japan Post Holdings	Pair Corr
0.56	RUM	Rumble Inc Sell-off Trend	Pair Corr
0.55	GIL	Gildan Activewear	Pair Corr
0.55	MZHOF	Mizuho Financial	Pair Corr
0.54	RL	Ralph Lauren Corp	Pair Corr
0.54	SOUN	SoundHound AI Trending	Pair Corr
0.53	PYPL	PayPal Holdings Aggressive Push	Pair Corr
0.48	BSDGY	Bosideng International	Pair Corr
0.82	FDP	Fresh Del Monte	Pair Corr
0.79	BFLY	Butterfly Network	Pair Corr
0.76	IONQ	IONQ Inc	Pair Corr
0.76	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.76	ET	Energy Transfer LP Aggressive Push	Pair Corr
0.75	NFLX	Netflix Fiscal Year End 28th of January 2025	Pair Corr
0.75	PLTR	Palantir Technologies Aggressive Push	Pair Corr
0.75	SOFI	SoFi Technologies	Pair Corr
0.74	OPRA	Opera	Pair Corr
0.74	LUNR	Intuitive Machines	Pair Corr
0.73	INMD	InMode	Pair Corr
0.68	GLBE	Global E Online	Pair Corr
0.67	CRS	Carpenter Technology	Pair Corr

Related Correlations Analysis

	SGC	LAKE	JRSH	GIII	JXJT	VNCE	OXM	GIL	COLM	KTB
SGC		0.67	0.76	0.11	-0.7	-0.56	0.03	0.75	0.71	0.93	SGC
LAKE	0.67		0.79	0.24	-0.6	-0.6	0.24	0.5	0.64	0.64	LAKE
JRSH	0.76	0.79		0.04	-0.73	-0.74	0.05	0.62	0.7	0.8	JRSH
GIII	0.11	0.24	0.04		-0.12	0.08	0.35	-0.1	0.29	0.0	GIII
JXJT	-0.7	-0.6	-0.73	-0.12		0.65	0.2	-0.69	-0.45	-0.68	JXJT
VNCE	-0.56	-0.6	-0.74	0.08	0.65		-0.01	-0.52	-0.37	-0.58	VNCE
OXM	0.03	0.24	0.05	0.35	0.2	-0.01		-0.38	0.42	-0.1	OXM
GIL	0.75	0.5	0.62	-0.1	-0.69	-0.52	-0.38		0.35	0.84	GIL
COLM	0.71	0.64	0.7	0.29	-0.45	-0.37	0.42	0.35		0.7	COLM
KTB	0.93	0.64	0.8	0.0	-0.68	-0.58	-0.1	0.84	0.7		KTB
	SGC	LAKE	JRSH	GIII	JXJT	VNCE	OXM	GIL	COLM	KTB

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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

KTB	+ 0.93	SGC
KTB	+ 0.84	GIL
KTB	+ 0.8	JRSH
JRSH	+ 0.79	LAKE
JRSH	+ 0.76	SGC
GIL	+ 0.75	SGC

High negative correlations

VNCE	- 0.74	JRSH
JXJT	- 0.73	JRSH
JXJT	- 0.7	SGC
GIL	- 0.69	JXJT
KTB	- 0.68	JXJT
VNCE	- 0.6	LAKE

Risk-Adjusted Indicators

There is a big difference between Moncler Pink Sheet performing well and Moncler SpA 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 Moncler SpA'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
SGC	1.35	0.14	0.11	0.22	1.45	(1.50)	2.88	(2.69)	11.72
LAKE	1.73	0.11	0.05	0.27	1.62	(2.24)	4.50	(2.88)	10.40
JRSH	1.02	0.21	0.07	11.84	1.04	(1.35)	2.07	(2.61)	13.76
GIII	1.74	0.09	0.05	0.20	1.72	(2.06)	3.72	(2.48)	10.18
JXJT	3.79	(0.39)	0.00	0.82	0.00	0.00	8.28	(8.28)	31.10
VNCE	3.29	(0.07)	(0.02)	0.01	4.33	(3.90)	8.11	(7.37)	35.35
OXM	1.47	(0.12)	(0.04)	0.03	1.84	(1.58)	3.18	(3.12)	8.17
GIL	0.73	0.13	0.03	1.73	0.72	(0.76)	1.84	(1.38)	4.06
COLM	1.26	0.09	0.02	0.27	1.46	(1.28)	2.60	(2.14)	7.71
KTB	1.52	0.28	0.12	0.65	1.55	(1.68)	3.18	(2.58)	16.48

Be your own money manager

Our tools can tell you how much better you can do entering a position in Moncler SpA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Moncler SpA Corporate Management

Stella King	Chief Officer	Profile
Roberto Eggs	Chief Marketing & Operating Officer	Profile
Mina Piccinini	Chief Officer	Profile
Robert Norton	President	Profile
Andrea Tieghi	Sr Devel	Profile

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