Criteo Sa Correlations

CRTO Stock  USD 19.58  0.18  0.91%   
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Criteo Sa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Criteo Sa moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Criteo Sa Correlation With Market

Modest diversification

The correlation between Criteo Sa and DJI is 0.23 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Criteo Sa and DJI in the same portfolio, assuming nothing else is changed.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Criteo Sa. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
To learn how to invest in Criteo Stock, please use our How to Invest in Criteo Sa guide.

Moving together with Criteo Stock

  0.61EPWK EPWK HoldingsPairCorr
  0.62CHR Cheer HoldingPairCorr

Moving against Criteo Stock

  0.48IAS Integral Ad SciencePairCorr
  0.35000917 Hunan TV BroadcastPairCorr
  0.33CCO Clear Channel OutdoorPairCorr
  0.71TAT Tartana MineralsPairCorr
  0.42300612 Shunya InternationalPairCorr

Related Correlations Analysis


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

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High negative correlations

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Risk-Adjusted Indicators

There is a big difference between Criteo Stock performing well and Criteo Sa 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 Criteo Sa'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.

Criteo Sa Corporate Management

Sherry SmithExecutive AmericasProfile
Diarmuid GillChief OfficerProfile
Rachel ScheelEquity DiversityProfile
Brian GleasonChief MediaProfile
Brendan McCarthyChief OfficerProfile
Todd ParsonsChief OfficerProfile
Ryan JDChief OfficerProfile