Nokian Tyres Related Correlations
NKRKY Stock | USD 4.72 0.01 0.21% |
Correlations
MBLY | APTV | MGA | CTTAY | ||
MBLY | 0.73 | 0.63 | 0.28 | MBLY | |
APTV | 0.73 | 0.86 | 0.68 | APTV | |
MGA | 0.63 | 0.86 | 0.66 | MGA | |
CTTAY | 0.28 | 0.68 | 0.66 | CTTAY | |
MBLY | APTV | MGA | CTTAY |
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Risk-Adjusted Indicators
There is a big difference between Nokian Pink Sheet performing well and Nokian Tyres 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 Nokian Tyres' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
MBLY | 2.74 | (0.62) | 0.00 | (0.13) | 0.00 | 4.80 | 26.64 | |||
APTV | 1.42 | (0.45) | 0.00 | (0.08) | 0.00 | 2.15 | 8.27 | |||
MGA | 1.28 | (0.35) | 0.00 | (0.05) | 0.00 | 2.64 | 9.81 | |||
CTTAY | 1.09 | (0.38) | 0.00 | (0.17) | 0.00 | 2.27 | 8.62 |