Hello Correlations
MOMO Stock | USD 8.90 0.08 0.89% |
The current 90-days correlation between Hello Group and Weibo Corp is 0.33 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hello moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hello Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Hello Correlation With Market
Average diversification
The correlation between Hello Group and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hello Group and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Hello Stock
0.79 | Z | Zillow Group Class | PairCorr |
0.68 | TC | TuanChe ADR | PairCorr |
0.88 | WB | Weibo Corp | PairCorr |
0.76 | ZG | Zillow Group | PairCorr |
0.71 | IAC | IAC Inc | PairCorr |
0.68 | MAX | MediaAlpha | PairCorr |
0.88 | TME | Tencent Music Entert | PairCorr |
0.82 | GOOG | Alphabet Class C Earnings Call This Week | PairCorr |
0.61 | MNYWW | MoneyHero Limited | PairCorr |
0.92 | ZDGE | Zedge Inc | PairCorr |
0.63 | IZEA | IZEA Inc | PairCorr |
0.92 | JFIN | Jiayin Group | PairCorr |
0.93 | JOYY | JOYY Inc Symbol Change | PairCorr |
0.77 | KIND | Nextdoor Holdings | PairCorr |
0.8 | MATH | Metalpha Technology | PairCorr |
0.73 | BZFDW | BuzzFeed | PairCorr |
0.86 | META | Meta Platforms | PairCorr |
0.77 | MTCH | Match Group | PairCorr |
0.91 | NBIS | Nebius Group NV Symbol Change | PairCorr |
Moving against Hello Stock
0.88 | GIFT | RDE, Inc Symbol Change | PairCorr |
0.81 | SEATW | Vivid Seats Warrant | PairCorr |
0.8 | DJT | Trump Media Technology | PairCorr |
0.72 | SLE | Super League Enterprise | PairCorr |
0.69 | CCG | Cheche Group Class Earnings Call This Week | PairCorr |
0.38 | GETY | Getty Images Holdings | PairCorr |
0.35 | DJTWW | Trump Media Technology | PairCorr |
0.94 | ONFOW | Onfolio Holdings Warrant | PairCorr |
0.56 | SEAT | Vivid Seats | PairCorr |
0.45 | RMSG | Real Messenger | PairCorr |
Related Correlations Analysis
0.16 | 0.94 | -0.08 | 0.15 | 0.67 | -0.13 | WB | ||
0.16 | 0.15 | 0.56 | 0.13 | 0.49 | 0.62 | DOYU | ||
0.94 | 0.15 | -0.1 | 0.12 | 0.7 | -0.16 | TME | ||
-0.08 | 0.56 | -0.1 | -0.47 | 0.3 | 0.55 | ATHM | ||
0.15 | 0.13 | 0.12 | -0.47 | 0.03 | 0.32 | BZUN | ||
0.67 | 0.49 | 0.7 | 0.3 | 0.03 | 0.17 | HUYA | ||
-0.13 | 0.62 | -0.16 | 0.55 | 0.32 | 0.17 | IQ | ||
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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 Hello Stock performing well and Hello 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 Hello'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
WB | 1.45 | 0.43 | 0.25 | 2.72 | 0.93 | 4.28 | 9.01 | |||
DOYU | 2.06 | 0.25 | 0.07 | 0.48 | 2.73 | 5.53 | 18.39 | |||
TME | 1.91 | 0.96 | 0.45 | (11.37) | 1.21 | 4.45 | 19.37 | |||
ATHM | 1.14 | 0.07 | (0.03) | 0.57 | 1.19 | 2.67 | 8.04 | |||
BZUN | 2.86 | 0.52 | 0.12 | 4.35 | 2.90 | 7.58 | 19.43 | |||
HUYA | 3.37 | 1.15 | 0.13 | 3.65 | 5.40 | 5.63 | 101.71 | |||
IQ | 2.13 | 0.09 | 0.06 | 0.19 | 2.42 | 5.06 | 15.94 |
Hello Corporate Executives
Elected by the shareholders, the Hello's board of directors comprises two types of representatives: Hello inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hello. The board's role is to monitor Hello's management team and ensure that shareholders' interests are well served. Hello's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hello's outside directors are responsible for providing unbiased perspectives on the board's policies.
Xiaoliang Lei | Co-Founder and Co-Pres | Profile |