Perficient Correlations
| PRFTDelisted Stock | USD 75.96 0.04 0.05% |
The current 90-days correlation between Perficient and WNS Holdings is 0.2 (i.e., Modest diversification). The correlation of Perficient 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.
Perficient Correlation With Market
Good diversification
The correlation between Perficient and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Perficient and DJI in the same portfolio, assuming nothing else is changed.
Perficient |
Moving together with Perficient Stock
| 0.77 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.8 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.82 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.79 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.7 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.65 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.66 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.66 | HD | Home Depot | PairCorr |
| 0.79 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
Moving against Perficient Stock
| 0.86 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.77 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.77 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.66 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.58 | AFFL | Affiliated Resources Corp | PairCorr |
| 0.4 | NTME | NetMed Inc | 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 Perficient Stock performing well and Perficient 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 Perficient'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 | 1.60 | (0.23) | 0.00 | (0.13) | 0.00 | 2.95 | 13.44 | |||
| G | 0.99 | 0.15 | 0.12 | 0.30 | 0.82 | 2.64 | 11.64 | |||
| ASGN | 1.51 | (0.30) | 0.00 | (0.02) | 0.00 | 2.35 | 13.02 | |||
| CACI | 1.29 | (0.16) | 0.00 | (0.06) | 0.00 | 2.84 | 14.84 | |||
| EXLS | 1.05 | 0.23 | 0.28 | 0.34 | 0.45 | 2.56 | 8.35 | |||
| SAIC | 1.24 | (0.13) | 0.00 | (0.04) | 0.00 | 1.89 | 19.63 | |||
| CLVT | 2.31 | 0.03 | 0.00 | 0.10 | 0.00 | 4.52 | 31.28 | |||
| LDOS | 1.27 | 0.00 | (0.01) | 0.12 | 2.84 | 2.17 | 23.10 | |||
| PSN | 1.16 | (0.07) | (0.04) | 0.04 | 2.26 | 2.89 | 15.20 | |||
| HCKT | 1.34 | 0.06 | 0.13 | 0.16 | 0.94 | 2.61 | 19.63 |
Perficient Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Perficient stock to make a market-neutral strategy. Peer analysis of Perficient could also be used in its relative valuation, which is a method of valuing Perficient by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Perficient Corporate Executives
Elected by the shareholders, the Perficient's board of directors comprises two types of representatives: Perficient inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Perficient. The board's role is to monitor Perficient's management team and ensure that shareholders' interests are well served. Perficient'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, Perficient's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Paul Martin | CFO, Principal Accounting Officer, Treasurer and Secretary | Profile |
Still Interested in Perficient?
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