Capgemini Correlations
| CAPMF Stock | USD 162.91 2.69 1.68% |
The current 90-days correlation between Capgemini SE and Capgemini SE ADR is 0.61 (i.e., Poor diversification). The correlation of Capgemini 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.
Capgemini Correlation With Market
Weak diversification
The correlation between Capgemini SE and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Capgemini SE and DJI in the same portfolio, assuming nothing else is changed.
Capgemini |
The ability to find closely correlated positions to Capgemini could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capgemini 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 Capgemini - 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 Capgemini SE to buy it.
Moving together with Capgemini Pink Sheet
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| 0.62 | ACN | Accenture plc Sell-off Trend | PairCorr |
| 0.86 | INFY | Infosys Ltd ADR | PairCorr |
| 0.71 | FIS | Fidelity National | PairCorr |
| 0.87 | CTSH | Cognizant Technology | PairCorr |
| 0.98 | CGEMY | Capgemini SE ADR | PairCorr |
| 0.66 | WIT | Wipro Limited ADR | PairCorr |
| 0.77 | NTNX | Nutanix | PairCorr |
| 0.67 | ODFL | Old Dominion Freight Earnings Call This Week | PairCorr |
| 0.83 | CLH | Clean Harbors | PairCorr |
| 0.68 | GOOGL | Alphabet Class A Earnings Call This Week | PairCorr |
| 0.76 | TSLA | Tesla Inc Earnings Call This Week | PairCorr |
| 0.68 | FENG | Phoenix New Media | PairCorr |
| 0.84 | HNFSB | Hanover Foods | PairCorr |
| 0.69 | JPM | JPMorgan Chase | PairCorr |
| 0.65 | UTMD | Utah Medical Products Earnings Call This Week | PairCorr |
| 0.63 | MBGYY | Mercedes Benz Group | PairCorr |
| 0.65 | FPAFF | First Pacific | PairCorr |
Moving against Capgemini Pink Sheet
| 0.49 | MSB | Mesabi Trust | PairCorr |
| 0.34 | GTOR | Ggtoor Inc | PairCorr |
| 0.46 | FVR | FrontView REIT, | PairCorr |
| 0.43 | 372546AW1 | GEORGE WASH UNIV | PairCorr |
| 0.37 | 07274NBG7 | BAYNGR 5 15 | 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 Capgemini Pink Sheet performing well and Capgemini 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 Capgemini'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ASGN | 1.87 | (0.47) | 0.00 | (0.24) | 0.00 | 3.49 | 13.51 | |||
| CGEMY | 1.33 | 0.05 | 0.03 | 0.18 | 1.72 | 2.95 | 11.54 | |||
| CRCW | 2.26 | 0.10 | 0.00 | 0.28 | 0.00 | 11.11 | 45.00 | |||
| FJTSF | 4.61 | 0.71 | 0.08 | (1.03) | 5.33 | 16.27 | 40.73 | |||
| MRAAF | 6.17 | 0.39 | 0.05 | 0.45 | 7.51 | 14.53 | 35.61 | |||
| SLNH | 6.99 | 0.48 | 0.05 | 1.03 | 8.21 | 15.71 | 72.65 | |||
| SLNHP | 6.05 | 0.32 | 0.02 | 6.95 | 7.20 | 20.56 | 48.92 | |||
| STMEF | 1.59 | 0.73 | 0.23 | 4.77 | 0.24 | 6.40 | 22.16 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Capgemini 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.Did you try this?
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Capgemini Corporate Management
| Fernando Alvarez | Head of Partnerships and Strategic Initiatives | Profile | |
| Franck Greverie | Head of Cloud & Cybersecurity | Profile | |
| Olivier Sevillia | Head of Application Services Two, Member of the Group Management Board and Executive Committee | Profile | |
| Anirban Bose | Head of Bank and Financial Services | Profile |