STNLY BLCKDECK Correlations
| SWF Stock | EUR 61.10 -0.90 -1.45% |
A high positive correlation means the stock tends to rise and fall in tandem with the paired instrument. The current 90-days correlation between STNLY BLCKDECK and ANTA Sports Products is -0.07 (i.e., Excellent diversification).
Correlation With Market: STNLY BLCKDECK
Moderate diversification
The correlation between STNLY BLCKDECK and Dow Jones is 0.2, which Macroaxis classifies as Moderate diversification for the selected horizon. The overlap area shows the portion of risk that can be diversified away by holding both instruments together.
STNLY |
Correlation relationships for STNLY BLCKDECK highlight alignment with similar exposures. This dataset is provided as reference and does not constitute guidance.
Related Correlations Analysis
| -0.19 | 0.0 | 0.31 | -0.08 | 0.27 | AS7 | ||
| -0.19 | 0.0 | -0.75 | -0.07 | -0.6 | T6W | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 8J4 | ||
| 0.31 | -0.75 | 0.0 | -0.08 | 0.78 | AC8 | ||
| -0.08 | -0.07 | 0.0 | -0.08 | 0.05 | LGA | ||
| 0.27 | -0.6 | 0.0 | 0.78 | 0.05 | 39M | ||
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
Headline performance for STNLY Stock may not fully reflect how the business compares across its competitive set. Peer-relative risk metrics add context on drawdown behavior, consistency, and return quality. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AS7 | 0.41 | -0.07 | 0.00 | 0.42 | 0.00 | 1.35 | 4.70 | |||
| T6W | 0.61 | 0.09 | 0.00 | -0.90 | 0.00 | 3.45 | 7.02 | |||
| 8J4 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AC8 | 0.90 | -0.20 | 0.00 | -0.43 | 0.00 | 1.88 | 7.66 | |||
| LGA | 2.44 | 0.03 | 0.02 | 0.03 | 3.47 | 6.63 | 19.73 | |||
| 39M | 1.89 | -0.16 | 0.00 | -0.45 | 0.00 | 4.97 | 19.18 |
Be your own money manager
Portfolio optimization matters because investors need a repeatable way to decide whether adding STNLY BLCKDECK improves expected return without taking on disproportionate risk. This is most useful when investors want to improve risk-adjusted return instead of simply owning more ideas at once.
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