INLIF LIMITED Correlations

INLF Stock   1.03  0.01  0.98%   
The correlation of INLIF LIMITED 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in INLIF LIMITED Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving together with INLIF Stock

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Moving against INLIF Stock

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Related Correlations Analysis

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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   
LMNDPBNAF
PINXFPBNAF
PINXFLMND
PINXFSPNT
SPNTVTDRF
SPNTPBNAF
  
High negative correlations   
PINXFSDSDF
HUIZSDSDF
SPNTSDSDF
LMNDSDSDF
VTDRFSDSDF
SDSDFPBNAF

Risk-Adjusted Indicators

There is a big difference between INLIF Stock performing well and INLIF LIMITED 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 INLIF LIMITED'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.