TCTM Kids Correlations
| VSA Stock | 2.40 0.28 13.21% |
The current 90-days correlation between TCTM Kids IT and Ihuman Inc is 0.17 (i.e., Average diversification). The correlation of TCTM Kids 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.
TCTM Kids Correlation With Market
Significant diversification
The correlation between TCTM Kids IT 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 TCTM Kids IT and DJI in the same portfolio, assuming nothing else is changed.
Moving together with TCTM Stock
| 0.64 | IH | Ihuman Inc | PairCorr |
| 0.72 | DISTR | Distoken Acquisition | PairCorr |
| 0.75 | FEDU | Four Seasons Education | PairCorr |
| 0.74 | COE | 51Talk Online Education Trending | PairCorr |
| 0.67 | GHC | Graham Holdings | PairCorr |
| 0.68 | STG | Sunlands Technology | PairCorr |
| 0.84 | LAUR | Laureate Education | PairCorr |
| 0.72 | LGCY | Legacy Education | PairCorr |
| 0.65 | AACG | ATA Creativity Global | PairCorr |
| 0.67 | AMBO | Ambow Education Holding | PairCorr |
Moving against TCTM Stock
| 0.8 | UTI | Universal Technical | PairCorr |
| 0.79 | KIDZ | Classover Holdings, Class Buyout Trend | PairCorr |
| 0.69 | KIDZW | Classover Holdings, | PairCorr |
| 0.34 | QSG | QuantaSing Group | PairCorr |
| 0.33 | GV | Visionary Education | PairCorr |
| 0.33 | EDU | New Oriental Education | PairCorr |
| 0.71 | AFYA | Afya | PairCorr |
| 0.66 | LINC | Lincoln Educational | PairCorr |
| 0.55 | LI | Li Auto | PairCorr |
| 0.54 | JZ | Jianzhi Education | PairCorr |
| 0.46 | STRA | Strategic Education | PairCorr |
| 0.41 | JD | JD Inc Adr Aggressive Push | PairCorr |
| 0.4 | UDMY | Udemy Inc | PairCorr |
| 0.31 | SKIL | Skillsoft Corp | 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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between TCTM Stock performing well and TCTM Kids 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 TCTM Kids' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IH | 3.24 | 0.33 | 0.08 | 0.51 | 3.49 | 6.08 | 35.56 | |||
| MH | 2.71 | (0.36) | 0.00 | (0.63) | 0.00 | 6.80 | 13.50 | |||
| YQ | 2.65 | 0.34 | 0.09 | 0.46 | 3.48 | 5.00 | 28.86 | |||
| VSTA | 1.08 | 0.18 | 0.05 | (0.83) | 1.13 | 2.58 | 6.10 | |||
| EDTK | 3.17 | 0.23 | 0.04 | 0.46 | 3.55 | 6.80 | 21.19 | |||
| WAFU | 1.86 | 0.13 | 0.00 | (0.38) | 2.23 | 3.60 | 13.77 | |||
| FEDU | 3.49 | 0.81 | 0.09 | (1.01) | 4.03 | 8.37 | 59.20 |
TCTM Kids Corporate Executives
Elected by the shareholders, the TCTM Kids' board of directors comprises two types of representatives: TCTM Kids inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TCTM. The board's role is to monitor TCTM Kids' management team and ensure that shareholders' interests are well served. TCTM Kids' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, TCTM Kids' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Shaoyun Han | Founder Board | Profile |