Epsium Enterprise Correlations
| EPSM Stock | 15.34 6.52 29.83% |
The current 90-days correlation between Epsium Enterprise and Valneva SE ADR is -0.13 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Epsium Enterprise moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Epsium Enterprise Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Epsium Enterprise Correlation With Market
Good diversification
The correlation between Epsium Enterprise Limited and DJI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Epsium Enterprise Limited and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Epsium Stock
| 0.66 | WEYS | Weyco Group | PairCorr |
| 0.72 | ABG | Asbury Automotive | PairCorr |
| 0.94 | EYE | National Vision Holdings | PairCorr |
| 0.62 | GPC | Genuine Parts | PairCorr |
| 0.65 | HVT | Haverty Furniture | PairCorr |
| 0.88 | LAD | Lithia Motors | PairCorr |
| 0.91 | CPNG | Coupang LLC | PairCorr |
| 0.8 | F | Ford Motor | PairCorr |
| 0.79 | IH | Ihuman Inc | PairCorr |
| 0.82 | DOOO | BRP Inc | PairCorr |
| 0.88 | BYD | Boyd Gaming | PairCorr |
| 0.78 | COE | 51Talk Online Education | PairCorr |
Moving against Epsium Stock
| 0.77 | JFBR | Jeffs Brands | PairCorr |
| 0.7 | HTLM | HomesToLife | PairCorr |
| 0.55 | BGI | Birks Group | PairCorr |
| 0.54 | FLWS | 1 800 FLOWERSCOM | PairCorr |
| 0.45 | KIRK | Kirklands | PairCorr |
| 0.8 | EEIQ | Elite Education Group | PairCorr |
| 0.72 | FWRG | First Watch Restaurant | PairCorr |
| 0.56 | VSTA | Vasta Platform | PairCorr |
| 0.51 | MCD | McDonalds | PairCorr |
| 0.44 | GV | Visionary Education | PairCorr |
| 0.38 | POOL | Pool | PairCorr |
Related Correlations Analysis
| 0.68 | 0.56 | 0.21 | -0.19 | -0.38 | VALN | ||
| 0.68 | 0.54 | 0.24 | -0.4 | -0.32 | CMND | ||
| 0.56 | 0.54 | 0.52 | 0.06 | -0.31 | USIO | ||
| 0.21 | 0.24 | 0.52 | -0.08 | -0.13 | AFYA | ||
| -0.19 | -0.4 | 0.06 | -0.08 | 0.23 | BNTX | ||
| -0.38 | -0.32 | -0.31 | -0.13 | 0.23 | DKL | ||
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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 Epsium Stock performing well and Epsium Enterprise 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 Epsium Enterprise'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VALN | 2.45 | (0.30) | 0.00 | (0.18) | 0.00 | 4.35 | 18.89 | |||
| CMND | 2.14 | (0.26) | 0.00 | (1.49) | 0.00 | 4.44 | 21.71 | |||
| USIO | 2.23 | (0.20) | 0.00 | (0.20) | 0.00 | 5.19 | 16.21 | |||
| AFYA | 1.34 | (0.04) | 0.00 | (0.03) | 0.00 | 2.22 | 12.67 | |||
| BNTX | 2.71 | 0.18 | 0.05 | 0.24 | 3.30 | 6.03 | 25.06 | |||
| DKL | 1.45 | 0.00 | (0.01) | 0.04 | 2.34 | 2.60 | 7.71 |