9F Correlations

9F Correlation With Market

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 9F Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

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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    RETO + 0.76 AIHS JFIN + 0.63 YJ JFIN + 0.47 XALL YJ + 0.42 XALL RETO + 0.32 CLPS SLNH + 0.25 CLPS

High negative correlations    RETO - 0.79 YJ YJ - 0.62 AIHS RETO - 0.6 XALL RETO - 0.59 JFIN JFIN - 0.56 AIHS JFIN - 0.46 CLPS

Risk-Adjusted Indicators

There is a big difference between 9F Stock performing well and 9F 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 9F'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.