CLPS Correlations
| CLPS Stock | USD 1.01 0.01 0.98% |
The current 90-days correlation between CLPS Inc and 9F Inc is 0.02 (i.e., Significant diversification). The correlation of CLPS 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.
CLPS Correlation With Market
Significant diversification
The correlation between CLPS Inc and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CLPS Inc and DJI in the same portfolio, assuming nothing else is changed.
Moving against CLPS Stock
| 0.39 | SAIHW | SAIHEAT Limited Symbol Change | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between CLPS Stock performing well and CLPS 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 CLPS'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JFU | 4.09 | 1.12 | 0.18 | (1.73) | 4.36 | 11.36 | 28.30 | |||
| NOTE | 4.95 | (0.41) | 0.00 | (0.09) | 0.00 | 12.00 | 41.40 | |||
| ARBB | 3.17 | (1.18) | 0.00 | (0.92) | 0.00 | 6.40 | 23.18 | |||
| NTRP | 4.06 | 0.82 | 0.17 | 2.12 | 3.97 | 8.73 | 26.28 | |||
| PETZ | 2.99 | 0.10 | 0.01 | 0.28 | 3.33 | 5.56 | 24.72 | |||
| DOGZ | 5.36 | (0.17) | 0.00 | (0.12) | 0.00 | 9.13 | 51.67 | |||
| RETO | 3.92 | (0.80) | 0.00 | 5.49 | 0.00 | 6.31 | 25.74 | |||
| TAOP | 4.58 | (1.29) | 0.00 | (0.44) | 0.00 | 8.68 | 47.92 |
CLPS Corporate Management
| Rhon Galicha | Investor Officer | Profile | |
| Xiao Yang | Chairman Pres | Profile | |
| Rui Yang | Chief Officer | Profile | |
| Wilson Wong | Ex VP | Profile | |
| Srustijeet Mishra | Chief USA | Profile | |
| Ming Lin | CEO CoFounder | Profile | |
| Li Li | Chief Officer | Profile |