Asset Entities Correlations
| ASST Stock | 6.15 0.54 8.07% |
The current 90-days correlation between Asset Entities Class and Mangoceuticals, Common Stock is 0.1 (i.e., Average diversification). The correlation of Asset Entities 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Asset Entities Correlation With Market
Good diversification
The correlation between Asset Entities Class and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Asset Entities Class and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Asset Stock
Moving against Asset Stock
| 0.53 | MNY | MoneyHero Limited Class | PairCorr |
| 0.46 | Z | Zillow Group Class | PairCorr |
| 0.44 | DOYU | DouYu International | PairCorr |
| 0.43 | ZG | Zillow Group | PairCorr |
| 0.39 | TME | Tencent Music Entert | PairCorr |
| 0.6 | BZFDW | BuzzFeed | PairCorr |
| 0.6 | META | Meta Platforms | PairCorr |
| 0.47 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
| 0.44 | GENI | Genius Sports | PairCorr |
| 0.44 | ZDGE | Zedge Inc | PairCorr |
| 0.43 | LCFY | Locafy | PairCorr |
| 0.42 | MNYWW | MoneyHero Limited | PairCorr |
| 0.42 | IZEA | IZEA Inc | PairCorr |
| 0.41 | MOMO | Hello Group Earnings Call This Week | PairCorr |
| 0.65 | PINS | Pinterest Aggressive Push | PairCorr |
| 0.62 | AREN | Arena Group Holdings | PairCorr |
Related Correlations Analysis
| 0.0 | -0.17 | -0.37 | -0.19 | -0.42 | -0.24 | ONFO | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | GROM | ||
| -0.17 | 0.0 | 0.26 | 0.39 | 0.18 | 0.49 | MAX | ||
| -0.37 | 0.0 | 0.26 | 0.15 | 0.44 | 0.41 | MGRX | ||
| -0.19 | 0.0 | 0.39 | 0.15 | 0.05 | 0.84 | EUDA | ||
| -0.42 | 0.0 | 0.18 | 0.44 | 0.05 | 0.46 | CVKD | ||
| -0.24 | 0.0 | 0.49 | 0.41 | 0.84 | 0.46 | BFRG | ||
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 Asset Stock performing well and Asset Entities 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 Asset Entities' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ONFO | 3.94 | 0.19 | 0.03 | 0.40 | 5.29 | 7.63 | 23.06 | |||
| GROM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MAX | 2.15 | (0.13) | (0.01) | 0.04 | 3.21 | 3.54 | 22.74 | |||
| MGRX | 4.42 | 0.26 | 0.04 | 0.53 | 5.40 | 12.65 | 26.83 | |||
| EUDA | 3.62 | (0.60) | 0.00 | 0.72 | 0.00 | 6.10 | 33.69 | |||
| CVKD | 4.10 | (0.09) | (0.01) | 0.04 | 4.62 | 11.61 | 30.82 | |||
| BFRG | 2.62 | (0.77) | 0.00 | (0.23) | 0.00 | 5.44 | 19.70 |
Asset Entities Corporate Executives
Elected by the shareholders, the Asset Entities' board of directors comprises two types of representatives: Asset Entities inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Asset. The board's role is to monitor Asset Entities' management team and ensure that shareholders' interests are well served. Asset Entities' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Asset Entities' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jackson Fairbanks | CoFounder Socials | Profile | |
| Kyle Fairbanks | Chief CoFounder | Profile | |
| Matthew Krueger | Secretary CFO | Profile | |
| Arman Sarkhani | CoFounder COO | Profile |