Kooth Plc Correlations
| KOO Stock | 115.00 0.00 0.00% |
The current 90-days correlation between Kooth plc and Helium One Global is -0.11 (i.e., Good diversification). The correlation of Kooth Plc 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.
Kooth Plc Correlation With Market
Significant diversification
The correlation between Kooth plc and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kooth plc and DJI in the same portfolio, assuming nothing else is changed.
Kooth |
The ability to find closely correlated positions to Kooth Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kooth Plc 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 Kooth Plc - 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 Kooth plc to buy it.
Moving against Kooth Stock
| 0.9 | 0RQ9 | Lundin Mining Corp | PairCorr |
| 0.85 | BLND | British Land | PairCorr |
| 0.84 | 0R2V | Apple Inc | PairCorr |
| 0.82 | PCFT | Polar Capital Global | PairCorr |
| 0.81 | 0MDT | Electrolux AB Class | PairCorr |
| 0.81 | BNC | Banco Santander SA | PairCorr |
| 0.77 | ALK | Alkemy Capital Inves | PairCorr |
| 0.75 | 0JRL | Kohl Corp | PairCorr |
| 0.75 | RS1 | RS GROUP PLC | PairCorr |
| 0.7 | 0R15 | SoftBank Group Corp | PairCorr |
| 0.7 | BOWL | Hollywood Bowl Group | PairCorr |
| 0.63 | ECO | Eco Oil Gas | PairCorr |
| 0.63 | SPAL | Source Physical Palladium | PairCorr |
| 0.62 | WIX | Wickes Group PLC | PairCorr |
| 0.52 | DRX | Drax Group PLC | PairCorr |
| 0.5 | 0O76 | AP Moeller Maersk | PairCorr |
| 0.5 | TENG | Ten Lifestyle Group | PairCorr |
| 0.49 | 0O77 | AP Moeller | PairCorr |
| 0.45 | SKL | Skillcast Group PLC | PairCorr |
| 0.4 | SAFE | Safestore Holdings Plc | PairCorr |
| 0.92 | IHG | InterContinental Hotels | PairCorr |
| 0.89 | BERI | Blackrock Energy | PairCorr |
| 0.89 | JUST | Just Group plc | PairCorr |
| 0.85 | 0QZK | Coca Cola | PairCorr |
| 0.83 | BGEO | Lion Finance Group | PairCorr |
| 0.82 | EUA | Eurasia Mining | PairCorr |
| 0.8 | SGLP | Invesco Physical Gold | PairCorr |
| 0.79 | GBSS | Gold Bullion Securities | PairCorr |
| 0.73 | SUS | SU plc | PairCorr |
| 0.71 | 0SCL | Schlumberger | PairCorr |
| 0.7 | UAV | Unicorn AIM VCT | 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
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Risk-Adjusted Indicators
There is a big difference between Kooth Stock performing well and Kooth Plc 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 Kooth Plc'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ROCK | 4.26 | (0.64) | 0.00 | (1.02) | 0.00 | 7.14 | 50.96 | |||
| IKIV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GMET | 3.77 | 0.82 | 0.14 | (127.94) | 4.56 | 10.40 | 22.35 | |||
| PANR | 4.23 | (1.02) | 0.00 | 1.51 | 0.00 | 7.57 | 62.13 | |||
| HE1 | 3.83 | 0.89 | 0.16 | (1.28) | 3.28 | 8.11 | 35.50 | |||
| CLA | 1.90 | 0.48 | 0.08 | 5.02 | 1.64 | 5.26 | 34.92 | |||
| QBT | 1.63 | (0.04) | 0.00 | 0.04 | 2.17 | 3.17 | 29.33 | |||
| ALK | 3.90 | 0.73 | 0.15 | 0.95 | 4.02 | 9.62 | 26.29 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Kooth Plc 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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Kooth Plc Corporate Management
Elected by the shareholders, the Kooth Plc's board of directors comprises two types of representatives: Kooth Plc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kooth. The board's role is to monitor Kooth Plc's management team and ensure that shareholders' interests are well served. Kooth Plc'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, Kooth Plc's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Angela Kravets | Chief Officer | Profile | |
| Anna Shipman | Chief Officer | Profile | |
| Aaron Sefi | Chief Officer | Profile | |
| Lynne Green | Chief Officer | Profile |