Coursera Correlations
COUR Stock | USD 8.63 0.20 2.37% |
The current 90-days correlation between Coursera and Udemy Inc is 0.47 (i.e., Very weak diversification). The correlation of Coursera 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.
Coursera Correlation With Market
Modest diversification
The correlation between Coursera and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Coursera and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Coursera Stock
0.87 | IH | Ihuman Inc | PairCorr |
0.67 | YQ | 17 Education Technology | PairCorr |
0.9 | DAO | Youdao Inc | PairCorr |
0.69 | GHC | Graham Holdings | PairCorr |
0.75 | UTI | Universal Technical | PairCorr |
0.75 | GOTU | Gaotu Techedu DRC | PairCorr |
0.71 | KIDZW | Classover Holdings, | PairCorr |
0.75 | LAUR | Laureate Education | PairCorr |
0.67 | LINC | Lincoln Educational | PairCorr |
0.73 | LOPE | Grand Canyon Education | PairCorr |
0.63 | MYND | Myndai, | PairCorr |
0.71 | PRDO | Perdoceo Education Corp | PairCorr |
0.76 | ATGE | Adtalem Global Education | PairCorr |
0.79 | STRA | Strategic Education | PairCorr |
Moving against Coursera Stock
0.73 | VSTA | Vasta Platform | PairCorr |
0.56 | JZ | Jianzhi Education | PairCorr |
0.41 | EDTK | Skillful Craftsman | PairCorr |
0.39 | EEIQ | Elite Education Group | PairCorr |
0.77 | LXEH | Lixiang Education Holding | PairCorr |
Related Correlations Analysis
0.57 | 0.24 | 0.71 | 0.65 | 0.59 | 0.63 | UDMY | ||
0.57 | -0.12 | 0.5 | 0.27 | 0.73 | 0.89 | CHGG | ||
0.24 | -0.12 | 0.55 | 0.81 | 0.18 | -0.06 | LRN | ||
0.71 | 0.5 | 0.55 | 0.79 | 0.79 | 0.7 | ATGE | ||
0.65 | 0.27 | 0.81 | 0.79 | 0.51 | 0.31 | DUOL | ||
0.59 | 0.73 | 0.18 | 0.79 | 0.51 | 0.89 | OLO | ||
0.63 | 0.89 | -0.06 | 0.7 | 0.31 | 0.89 | MQ | ||
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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 Coursera Stock performing well and Coursera 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 Coursera's 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
UDMY | 1.91 | (0.13) | (0.03) | 0.02 | 2.55 | 4.75 | 13.30 | |||
CHGG | 4.78 | 1.84 | 0.32 | (2.37) | 4.04 | 11.11 | 45.57 | |||
LRN | 1.40 | 0.00 | (0.04) | 0.11 | 2.36 | 3.71 | 15.91 | |||
ATGE | 1.87 | 0.09 | 0.03 | 0.22 | 2.34 | 3.33 | 22.91 | |||
DUOL | 2.13 | 0.08 | 0.04 | 0.19 | 2.58 | 3.92 | 27.54 | |||
OLO | 2.24 | 0.93 | 0.42 | (2.06) | 1.17 | 7.48 | 17.95 | |||
MQ | 1.64 | 0.51 | 0.23 | 0.78 | 1.61 | 3.87 | 14.30 |
Coursera Corporate Management
Theodore Mitchell | Independent Director | Profile | |
Shravan Goli | Senior Vice President Chief Product Officer and Head of Consumer Revenue | Profile | |
Mustafa Furniturewala | Head Engineering | Profile | |
Anne Cappel | Senior Vice President General Counsel, Company Secretary | Profile | |
Leah Belsky | Senior Vice President Chief Enterprise Officer | Profile | |
Kimberly Caldbeck | Senior Vice President Chief Marketing Officer | Profile |