Childrens Place Correlations

PLCE Stock

USD 5.15 0.14 2.65%

The current 90-days correlation between Childrens Place and Buckle Inc is 0.27 (i.e., Modest diversification). The correlation of Childrens Place 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.

Childrens Place Correlation With Market

Modest diversification

The correlation between Childrens Place and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Childrens Place and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Childrens Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Childrens Place. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For information on how to trade Childrens Stock refer to our How to Trade Childrens Stock guide.

Moving together with Childrens Stock

0.72	AEO	American Eagle Outfitters	Pair Corr
0.76	ROST	Ross Stores	Pair Corr

Moving against Childrens Stock

0.68	GPRO	GoPro Inc	Pair Corr
0.54	PLUG	Plug Power Buyout Trend	Pair Corr
0.45	GRPN	Groupon	Pair Corr
0.38	BKE	Buckle Inc	Pair Corr
0.36	GES	Guess Inc	Pair Corr
0.36	NVDA	NVIDIA Aggressive Push	Pair Corr
0.35	RRR	Red Rock Resorts Earnings Call Tomorrow	Pair Corr
0.33	VUZI	Vuzix Corp Cmn	Pair Corr
0.32	FL	Foot Locker	Pair Corr
0.6	XOM	Exxon Mobil Corp	Pair Corr
0.55	PFE	Pfizer Inc	Pair Corr
0.52	IBM	International Business Earnings Call This Week	Pair Corr
0.5	T	ATT Inc Earnings Call This Week	Pair Corr
0.39	LTRY	Lottery, Common Stock	Pair Corr
0.39	CSCO	Cisco Systems	Pair Corr
0.38	JPM	JPMorgan Chase	Pair Corr
0.36	MSFT	Microsoft	Pair Corr
0.34	SOFI	SoFi Technologies Aggressive Push	Pair Corr
0.34	BAC	Bank of America	Pair Corr
0.33	DIS	Walt Disney	Pair Corr

Related Correlations Analysis

	AEO	BKE	BURL	GCO	GES	URBN	ZUMZ
AEO		-0.52	0.36	0.18	-0.29	-0.47	-0.08	AEO
BKE	-0.52		0.38	0.66	0.78	0.92	0.58	BKE
BURL	0.36	0.38		0.74	0.44	0.28	0.48	BURL
GCO	0.18	0.66	0.74		0.65	0.61	0.42	GCO
GES	-0.29	0.78	0.44	0.65		0.61	0.53	GES
URBN	-0.47	0.92	0.28	0.61	0.61		0.41	URBN
ZUMZ	-0.08	0.58	0.48	0.42	0.53	0.41		ZUMZ
	AEO	BKE	BURL	GCO	GES	URBN	ZUMZ

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

URBN	+ 0.92	BKE
GES	+ 0.78	BKE
GCO	+ 0.74	BURL
GCO	+ 0.66	BKE
GES	+ 0.65	GCO
URBN	+ 0.61	GCO

High negative correlations

BKE	- 0.52	AEO
URBN	- 0.47	AEO
GES	- 0.29	AEO
ZUMZ	- 0.08	AEO

Risk-Adjusted Indicators

There is a big difference between Childrens Stock performing well and Childrens Place 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 Childrens Place'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
AEO	2.14	(0.25)	0.00	(0.04)	0.00	0.00	4.53	(4.90)	15.90
BKE	1.23	0.35	0.33	0.45	0.67	(1.57)	4.00	(1.96)	8.58
BURL	1.75	(0.04)	0.02	0.11	2.71	(1.66)	3.10	(3.95)	17.85
GCO	2.71	0.18	0.09	0.23	2.61	(3.18)	7.62	(5.11)	20.03
GES	2.54	0.24	0.12	0.29	2.27	(3.12)	5.82	(3.61)	23.04
URBN	2.21	0.47	0.28	0.44	1.47	(2.85)	4.36	(3.19)	26.80
ZUMZ	2.33	(0.22)	(0.03)	0.02	3.22	(2.38)	5.12	(4.87)	20.41

Childrens Place Corporate Executives

Elected by the shareholders, the Childrens Place's board of directors comprises two types of representatives: Childrens Place inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Childrens. The board's role is to monitor Childrens Place's management team and ensure that shareholders' interests are well served. Childrens Place'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, Childrens Place's outside directors are responsible for providing unbiased perspectives on the board's policies.

Sheamus Toal	CFO COO	Profile
Sheamus CPA	COO CFO	Profile
Rajendra Karamcheti	Senior CTO	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC