Peoples Educational Correlations

PEDH Stock

USD 0.02 0.00 0.00%

The current 90-days correlation between Peoples Educational and Juniata Valley Financial is 0.01 (i.e., Significant diversification). The correlation of Peoples Educational 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.

Peoples Educational Correlation With Market

Good diversification

The correlation between Peoples Educational Holdings and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Peoples Educational Holdings and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Peoples Educational could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peoples Educational 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 Peoples Educational - 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 Peoples Educational Holdings to buy it.

Moving against Peoples Pink Sheet

0.44	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.33	SHG	Shinhan Financial	Pair Corr

Related Correlations Analysis

	SHAK	APAM	JUVF	WEN	CHBAY	CBRL	BH	WU
SHAK		0.88	0.15	0.65	0.11	0.68	0.51	-0.88	SHAK
APAM	0.88		0.1	0.67	0.17	0.79	0.61	-0.71	APAM
JUVF	0.15	0.1		-0.15	-0.41	-0.25	0.46	-0.42	JUVF
WEN	0.65	0.67	-0.15		0.16	0.8	0.03	-0.46	WEN
CHBAY	0.11	0.17	-0.41	0.16		0.48	-0.08	0.07	CHBAY
CBRL	0.68	0.79	-0.25	0.8	0.48		0.29	-0.47	CBRL
BH	0.51	0.61	0.46	0.03	-0.08	0.29		-0.65	BH
WU	-0.88	-0.71	-0.42	-0.46	0.07	-0.47	-0.65		WU
	SHAK	APAM	JUVF	WEN	CHBAY	CBRL	BH	WU

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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

APAM	+ 0.88	SHAK
CBRL	+ 0.8	WEN
CBRL	+ 0.79	APAM
CBRL	+ 0.68	SHAK
WEN	+ 0.67	APAM
WEN	+ 0.65	SHAK

High negative correlations

WU	- 0.88	SHAK
WU	- 0.71	APAM
WU	- 0.65	BH
WU	- 0.47	CBRL
WU	- 0.46	WEN
WU	- 0.42	JUVF

Risk-Adjusted Indicators

There is a big difference between Peoples Pink Sheet performing well and Peoples Educational 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 Peoples Educational'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
SHAK	1.68	0.11	0.07	0.20	1.53	(2.15)	3.49	(2.89)	11.94
APAM	1.35	0.07	0.08	0.14	1.59	(1.46)	2.52	(2.47)	12.25
JUVF	1.68	0.14	0.01	(0.85)	2.74	(1.64)	2.95	(4.61)	11.89
WEN	1.40	0.02	0.01	0.12	1.84	(1.42)	3.27	(2.45)	10.31
CHBAY	0.21	0.02	0.00	0.38	0.00	0.00	0.00	0.00	10.86
CBRL	2.45	0.08	0.05	0.15	2.45	(2.94)	5.92	(3.92)	13.37
BH	1.51	0.19	0.10	0.41	1.36	(1.91)	4.00	(2.60)	11.00
WU	0.87	(0.12)	0.00	(0.59)	0.00	0.00	1.46	(2.02)	5.82

Be your own money manager

Our tools can tell you how much better you can do entering a position in Peoples Educational 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.

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