Vail Resorts Correlations
| VAI Stock | EUR 139.00 4.00 2.96% |
The current 90-days correlation between Vail Resorts and Kaufman Broad SA is -0.02 (i.e., Good diversification). The correlation of Vail Resorts 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.
Vail Resorts Correlation With Market
Significant diversification
The correlation between Vail Resorts and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vail Resorts and DJI in the same portfolio, assuming nothing else is changed.
Vail |
The ability to find closely correlated positions to Vail Resorts could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vail Resorts 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 Vail Resorts - 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 Vail Resorts to buy it.
Moving together with Vail Stock
| 0.81 | LCR | Las Vegas Sands | PairCorr |
| 0.9 | KW9A | Galaxy Entertainment | PairCorr |
| 0.77 | 599A | Sands China | PairCorr |
| 0.67 | MGG | MGM Resorts International Earnings Call This Week | PairCorr |
| 0.72 | WYR | Wynn Resorts Limited | PairCorr |
| 0.81 | 6GI0 | ENTAIN PLC UNSPADR1 | PairCorr |
| 0.87 | BO5 | Boyd Gaming Earnings Call Today | PairCorr |
| 0.82 | KBIA | KB Financial Group Earnings Call Today | PairCorr |
| 0.74 | 2WGA | WOORI FIN GRP Earnings Call Tomorrow | PairCorr |
| 0.66 | MFZA | Mitsubishi UFJ Financial | PairCorr |
| 0.75 | A59 | Applied Optoelectronics | PairCorr |
| 0.73 | ORC | Oracle | PairCorr |
| 0.64 | 2C6 | China Development Bank | PairCorr |
| 0.79 | 3MC | Multiconsult ASA | PairCorr |
| 0.79 | UOF | Urban Outfitters | PairCorr |
| 0.75 | SEBA | S E BANKEN | PairCorr |
| 0.67 | Z1L0 | LEROY SEAFOOD GRUNSPADR | PairCorr |
| 0.81 | PRL | Ralph Lauren | PairCorr |
Moving against Vail Stock
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 Vail Stock performing well and Vail Resorts 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 Vail Resorts' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 3GH | 1.23 | (0.06) | 0.00 | (0.08) | 0.00 | 2.66 | 7.95 | |||
| CN6 | 1.44 | 0.30 | 0.03 | (6.13) | 1.28 | 3.80 | 9.33 | |||
| 3GH | 1.19 | 0.09 | (0.11) | (0.02) | 1.64 | 3.11 | 9.74 | |||
| 9TG | 1.00 | 0.32 | 0.07 | (2.69) | 0.98 | 2.45 | 5.88 | |||
| 8L8 | 1.92 | (0.04) | 0.00 | 0.18 | 2.13 | 4.58 | 15.99 | |||
| DFA1 | 2.04 | 0.49 | 0.10 | (0.97) | 1.64 | 5.31 | 12.19 | |||
| GRG | 1.01 | 0.30 | 0.06 | (3.33) | 0.73 | 2.58 | 5.53 | |||
| 3TY | 2.09 | 0.40 | 0.06 | (1.00) | 1.97 | 4.91 | 13.51 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Vail Resorts 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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Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
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Vail Resorts Corporate Management
Elected by the shareholders, the Vail Resorts' board of directors comprises two types of representatives: Vail Resorts inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vail. The board's role is to monitor Vail Resorts' management team and ensure that shareholders' interests are well served. Vail Resorts' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Vail Resorts' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ryan Bennett | VP Officer | Profile | |
| Timothy April | Ex Officer | Profile | |
| Michael Barkin | Ex CFO | Profile | |
| David Shapiro | Gen VP | Profile | |
| Kenny Thompson | Chief Officer | Profile | |
| Kirsten Lynch | CEO Director | Profile | |
| Robert Katz | Ex Chairman | Profile |