Research Solutions Correlations
| RSSS Stock | USD 2.70 0.02 0.74% |
The current 90-days correlation between Research Solutions and Red Violet is 0.1 (i.e., Average diversification). The correlation of Research Solutions 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.
Research Solutions Correlation With Market
Modest diversification
The correlation between Research Solutions and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Research Solutions and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Research Stock
Moving against Research Stock
| 0.37 | QH | Quhuo Tech Boost | PairCorr |
| 0.31 | WETO | Webus International Tech Boost | PairCorr |
Related Correlations Analysis
| -0.07 | 0.77 | -0.32 | 0.53 | 0.48 | RDVT | ||
| -0.07 | -0.24 | -0.4 | 0.33 | -0.83 | TRAK | ||
| 0.77 | -0.24 | 0.08 | 0.36 | 0.6 | CXDO | ||
| -0.32 | -0.4 | 0.08 | -0.22 | 0.28 | USIO | ||
| 0.53 | 0.33 | 0.36 | -0.22 | -0.04 | DUOT | ||
| 0.48 | -0.83 | 0.6 | 0.28 | -0.04 | PPIH | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Research Stock performing well and Research Solutions 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 Research Solutions' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RDVT | 1.92 | 0.31 | 0.14 | 0.58 | 1.69 | 4.35 | 19.22 | |||
| TRAK | 1.45 | (0.21) | 0.00 | (0.15) | 0.00 | 3.30 | 7.64 | |||
| CXDO | 2.38 | 0.33 | 0.17 | 0.33 | 2.27 | 4.89 | 16.06 | |||
| USIO | 2.13 | 0.32 | 0.07 | 3.26 | 2.63 | 5.19 | 17.49 | |||
| DUOT | 4.32 | 0.86 | 0.16 | 7.25 | 4.10 | 11.32 | 26.54 | |||
| PPIH | 3.88 | 1.16 | 0.34 | 2.68 | 2.45 | 13.57 | 33.89 |
Research Solutions Corporate Management
| Marc Nissan | Chief Officer | Profile | |
| Shane Hunt | Chief Officer | Profile | |
| Tedd Adams | Director Sales | Profile | |
| Scott Ahlberg | Chief Operations Officer | Profile | |
| Tony Landolt | Head Development | Profile |