Connected Media Correlations

CNCM Stock  USD 0.0001  0.00  0.00%   
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Connected Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Connected Media Tech moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Connected Media Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in private.

Moving together with Connected Stock

  0.81ELGL Element GlobalPairCorr

Moving against Connected Stock

  0.56CALC CalciMedica, Common StockPairCorr
  0.49YHNAU YHN Acquisition IPairCorr
  0.32MD Mednax Inc Sell-off TrendPairCorr
  0.44IVR Invesco Mortgage Capital Sell-off TrendPairCorr
  0.36WELL WelltowerPairCorr
  0.35JAPAY Japan Tobacco ADRPairCorr
  0.34STLD Steel DynamicsPairCorr
  0.34DMAA Drugs Made InPairCorr

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

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High negative correlations

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Risk-Adjusted Indicators

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

Connected Media Corporate Executives

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