TSOGO SUN Correlations

G5E Stock

EUR 0.29 0.01 3.33%

The current 90-days correlation between TSOGO SUN GAMING and SPARTAN STORES is 0.02 (i.e., Significant diversification). The correlation of TSOGO SUN 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.

TSOGO SUN Correlation With Market

Significant diversification

The correlation between TSOGO SUN GAMING and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TSOGO SUN GAMING and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to TSOGO SUN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TSOGO SUN when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TSOGO SUN - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TSOGO SUN GAMING to buy it.

Moving together with TSOGO Stock

0.73

CSA

Accenture plc

Pair Corr

Moving against TSOGO Stock

0.81	KW9A	Galaxy Entertainment	Pair Corr
0.79	599A	Sands China	Pair Corr
0.74	LCR	Las Vegas Sands	Pair Corr
0.73	HHP2	Hon Hai Precision	Pair Corr
0.72	WYR	Wynn Resorts Limited	Pair Corr
0.61	VOWB	VOLKSWAGEN AG VZ	Pair Corr
0.5	VOW3	Volkswagen AG VZO	Pair Corr
0.5	VOW3	Volkswagen AG	Pair Corr
0.47	WMT	Walmart	Pair Corr
0.46	36T	GENTING SG LTD	Pair Corr
0.46	BO5	Boyd Gaming	Pair Corr
0.45	WMT	Walmart	Pair Corr
0.79	OSA	OSAKA GAS	Pair Corr
0.74	7NX	NEXON	Pair Corr
0.73	47T	TISCO Financial Group	Pair Corr
0.73	DVY	Adtalem Global Education	Pair Corr
0.72	CCJ	Cincinnati Financial Corp	Pair Corr
0.71	A9U	Astral Foods Limited	Pair Corr
0.71	AYJ	Valneva SE	Pair Corr
0.7	DVY	DeVry Education Group	Pair Corr
0.69	690D	Haier Smart Home	Pair Corr
0.69	1AU	AMPLITUDE SURGIC	Pair Corr
0.68	AFL	Aflac Incorporated	Pair Corr
0.64	ABJA	ABB	Pair Corr
0.64	BOF	BOC Hong Kong	Pair Corr
0.56	GRU	GEELY AUTOMOBILE	Pair Corr
0.54	I93A	Indorama Ventures PCL	Pair Corr
0.51	VOW	Volkswagen AG	Pair Corr
0.45	OCM	China International	Pair Corr
0.43	CNB0	FORTRESS BIOTECHPRFA	Pair Corr
0.84	ITB	IMPERIAL TOBACCO	Pair Corr
0.82	ITB	Imperial Brands PLC	Pair Corr

Related Correlations Analysis

	SRJ	JUU	DVY	RSO	SXV	9IX	GI4	9EV
SRJ		-0.13	0.0	0.33	0.1	0.0	0.26	0.0	SRJ
JUU	-0.13		-0.84	-0.63	0.35	0.0	-0.82	0.0	JUU
DVY	0.0	-0.84		0.63	-0.39	0.0	0.8	0.0	DVY
RSO	0.33	-0.63	0.63		0.11	0.0	0.86	0.0	RSO
SXV	0.1	0.35	-0.39	0.11		0.0	-0.07	0.0	SXV
9IX	0.0	0.0	0.0	0.0	0.0		0.0	1.0	9IX
GI4	0.26	-0.82	0.8	0.86	-0.07	0.0		0.0	GI4
9EV	0.0	0.0	0.0	0.0	0.0	1.0	0.0		9EV
	SRJ	JUU	DVY	RSO	SXV	9IX	GI4	9EV

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

9EV	+ 1.0	9IX
GI4	+ 0.86	RSO
GI4	+ 0.8	DVY
RSO	+ 0.63	DVY
SXV	+ 0.35	JUU
RSO	+ 0.33	SRJ

High negative correlations

DVY	- 0.84	JUU
GI4	- 0.82	JUU
RSO	- 0.63	JUU
SXV	- 0.39	DVY
JUU	- 0.13	SRJ
GI4	- 0.07	SXV

Risk-Adjusted Indicators

There is a big difference between TSOGO Stock performing well and TSOGO SUN 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 TSOGO SUN'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
SRJ	1.62	0.67	0.70	0.63	0.00	(3.59)	0.90	(0.89)	53.13
JUU	1.97	(0.54)	0.00	2.83	0.00	0.00	3.03	(5.06)	23.27
DVY	1.23	0.26	0.12	(9.05)	0.99	(1.77)	3.57	(1.87)	7.46
RSO	0.96	0.23	0.18	0.54	0.71	(1.22)	2.82	(1.42)	6.36
SXV	1.04	(0.09)	0.00	(0.21)	0.00	0.00	2.50	(2.44)	8.54
9IX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
GI4	1.73	0.22	0.07	0.42	2.04	(2.33)	4.42	(2.91)	14.32
9EV	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Be your own money manager

Our tools can tell you how much better you can do entering a position in TSOGO SUN without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Money Flow Index Now

Money Flow Index

Determine momentum by analyzing Money Flow Index and other technical indicators

All Next

Launch Module

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC