Moving IMage Correlations
| MITQ Stock | USD 0.82 0.06 6.82% |
The current 90-days correlation between Moving iMage Technologies and iOThree Limited Ordinary is 0.11 (i.e., Average diversification). The correlation of Moving IMage 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.
Moving IMage Correlation With Market
Average diversification
The correlation between Moving iMage Technologies and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Moving iMage Technologies and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Moving Stock
| 0.68 | BAC | Bank of America | PairCorr |
| 0.68 | AXP | American Express | PairCorr |
| 0.65 | GE | GE Aerospace Earnings Call This Week | PairCorr |
Moving against Moving Stock
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 Moving Stock performing well and Moving IMage 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 Moving IMage'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IOTR | 3.94 | (0.53) | 0.00 | (0.38) | 0.00 | 9.76 | 38.18 | |||
| FIEE | 2.49 | (0.13) | 0.00 | 0.26 | 0.00 | 3.53 | 19.54 | |||
| CLRO | 3.43 | (0.33) | 0.00 | (0.35) | 0.00 | 7.74 | 25.37 | |||
| IFBD | 2.70 | 0.09 | 0.01 | (0.29) | 2.72 | 3.92 | 38.42 | |||
| PRSO | 6.00 | 1.32 | 0.22 | 1.42 | 5.18 | 18.71 | 92.43 | |||
| OST | 4.38 | (0.68) | 0.00 | (0.32) | 0.00 | 9.23 | 32.63 | |||
| QCLS | 9.30 | (0.93) | 0.00 | (0.83) | 0.00 | 17.86 | 62.93 | |||
| RVYL | 5.44 | 0.40 | 0.05 | 0.30 | 5.69 | 10.00 | 91.57 | |||
| FEBO | 4.11 | (0.40) | 0.00 | 5.71 | 0.00 | 8.70 | 39.40 | |||
| JTAI | 2.97 | (0.44) | 0.00 | (0.53) | 0.00 | 7.14 | 21.10 |
Moving IMage Corporate Management
| Thomas Lipiec | Senior Service | Profile | |
| Jerry Rydt | Senior Sales | Profile | |
| William Greene | Chief Officer | Profile | |
| Michael CPA | Chief Officer | Profile |