CNFinance Holdings Correlations

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNFinance Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in CNFinance Stock please use our How to Invest in CNFinance Holdings guide.

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 SIMO + 0.73 NNCHF SKSUY + 0.49 NNCHF KNOP + 0.43 SBFFY SKSUY + 0.41 SIMO KNOP + 0.04 SIMO

High negative correlations SKSUY - 0.88 SBFFY SKSUY - 0.57 KNOP SBFFY - 0.56 SIMO SBFFY - 0.56 NNCHF KNOP - 0.17 NNCHF

Risk-Adjusted Indicators

There is a big difference between CNFinance Stock performing well and CNFinance Holdings 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 CNFinance Holdings' 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.