Fiserv Correlations

Stocks . Brazil . 
Stock . Fiserv Inc
F1IS34 Stock  BRL 459.34  11.70  2.48%   
The current 90-days correlation between Fiserv Inc and Sumitomo Mitsui Financial is -0.02 (i.e., Good diversification). The correlation of Fiserv 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.

Fiserv Correlation With Market

Good diversification

The correlation between Fiserv Inc and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fiserv Inc and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Fiserv could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fiserv 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 Fiserv - 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 Fiserv Inc to buy it.

Moving together with Fiserv Stock

  0.67L1EN34 LennarPairCorr

Moving against Fiserv Stock

  0.76MBRF11 Fundo De InvestimentoPairCorr
  0.72F1NI34 Fidelity NationalPairCorr
  0.62IBMB34 International Business Earnings Call This WeekPairCorr
  0.6ARMT34 ArcelorMittal SAPairCorr
  0.58CTSH34 Cognizant TechnologyPairCorr
  0.53D1HI34 DR Horton Earnings Call This WeekPairCorr
  0.53H1II34 Huntington IngallsPairCorr
  0.52I1FO34 Infosys LimitedPairCorr
  0.86CSED3 Cruzeiro do SulPairCorr
  0.84I1DX34 IDEXX Laboratories,PairCorr
  0.82MSFT34 MicrosoftPairCorr
  0.77ITUB4 Ita Unibanco HoldingPairCorr
  0.75CAON34 Capital One Financial Earnings Call This WeekPairCorr
  0.74MUTC34 Micron TechnologyPairCorr
  0.74MRFG3 Marfrig Global FoodsPairCorr
  0.73LVTC3 Livetech da BahiaPairCorr
  0.72NVDC34 NVIDIAPairCorr
  0.71LOGG3 LOG Commercial PropertiesPairCorr
  0.68C1FG34 Citizens Financial Group,PairCorr
  0.58YDUQ3 Yduqs ParticipaesPairCorr
  0.56GPRO34 GoPro IncPairCorr
  0.55L1MN34 Lumen Technologies,PairCorr
  0.5CVCB3 CVC Brasil OperadoraPairCorr
  0.49L1HX34 L3Harris Technologies, Earnings Call This WeekPairCorr

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   
H1IG34
+ 1.0
P1FG34
XRAY34
+ 0.71
J1BH34
S1MF34
+ 0.6
P1FG34
H1IG34
+ 0.6
S1MF34
S1MF34
+ 0.59
V1MC34
A1LL34
+ 0.55
P1FG34
  
High negative correlations   
XRAY34
- 0.86
H1IG34
XRAY34
- 0.86
P1FG34
H1IG34
- 0.82
J1BH34
P1FG34
- 0.82
J1BH34
S1MF34
- 0.66
J1BH34
XRAY34
- 0.62
A1LL34

Risk-Adjusted Indicators

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Fiserv 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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Fiserv Corporate Management

Elected by the shareholders, the Fiserv's board of directors comprises two types of representatives: Fiserv inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fiserv. The board's role is to monitor Fiserv's management team and ensure that shareholders' interests are well served. Fiserv'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, Fiserv's outside directors are responsible for providing unbiased perspectives on the board's policies.
Guy ChiarelloChief OfficerProfile
Leigh AsherChief OfficerProfile
Adam RosmanChief OfficerProfile
Kenneth BestChief OfficerProfile
Britt ZarlingSr CommunicationsProfile
James CPAHead DevelProfile
Frank BisignanoCEO PresProfile
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