Park Ha Correlations
| PHH Stock | 12.96 0.07 0.54% |
The current 90-days correlation between Park Ha Biological and Ambipar Emergency Response is -0.09 (i.e., Good diversification). The correlation of Park Ha 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.
Park Ha Correlation With Market
Significant diversification
The correlation between Park Ha Biological and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Park Ha Biological and DJI in the same portfolio, assuming nothing else is changed.
Park |
Moving together with Park Stock
| 0.74 | UL | Unilever PLC ADR | PairCorr |
| 0.61 | KMB | Kimberly Clark | PairCorr |
| 0.66 | ODC | Oil Dri | PairCorr |
| 0.76 | YSG | Yatsen Holding | PairCorr |
| 0.63 | KVUE | Kenvue Inc | PairCorr |
Moving against Park Stock
| 0.92 | EWCZ | European Wax Center | PairCorr |
| 0.7 | UG | United Guardian | PairCorr |
| 0.68 | CLX | Clorox | PairCorr |
| 0.67 | DSY | Big Tree Cloud | PairCorr |
| 0.64 | ENR | Energizer Holdings | PairCorr |
| 0.63 | XAGE | Longevity Health Hol Symbol Change | PairCorr |
| 0.6 | EL | Estee Lauder Companies | PairCorr |
| 0.57 | ELF | ELF Beauty Sell-off Trend | PairCorr |
| 0.47 | WALD | Waldencast Acquisition | PairCorr |
| 0.31 | WALDW | Waldencast Acquisition | PairCorr |
| 0.89 | FTLF | FitLife Brands, Common | PairCorr |
| 0.86 | IPAR | Inter Parfums | PairCorr |
| 0.8 | SPB | Spectrum Brands Holdings | PairCorr |
| 0.77 | HNST | Honest Company | PairCorr |
| 0.7 | HELE | Helen of Troy | PairCorr |
| 0.67 | MED | MEDIFAST INC | PairCorr |
| 0.57 | NWL | Newell Brands | PairCorr |
| 0.37 | EPC | Edgewell Personal Care | PairCorr |
| 0.88 | NATR | Natures Sunshine Products | PairCorr |
| 0.84 | NAII | Natural Alternatives | PairCorr |
| 0.81 | SNYR | Synergy CHC Corp | PairCorr |
| 0.78 | USNA | USANA Health Sciences | PairCorr |
| 0.74 | MTEX | Mannatech Incorporated | PairCorr |
| 0.74 | OLPX | Olaplex Holdings | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Park Stock performing well and Park Ha 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 Park Ha'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AMBI | 3.15 | (0.02) | 0.04 | 0.06 | 3.71 | 10.12 | 23.31 | |||
| SSY | 4.19 | 0.12 | 0.00 | (0.06) | 0.00 | 9.00 | 31.19 | |||
| XWEL | 3.20 | (0.63) | 0.00 | (3.12) | 0.00 | 7.76 | 21.76 | |||
| VMD | 1.32 | (0.16) | 0.00 | (0.56) | 0.00 | 2.40 | 8.31 | |||
| INBX | 2.48 | (0.03) | 0.00 | (0.20) | 0.00 | 5.73 | 16.41 | |||
| XIAXF | 0.66 | (0.38) | 0.00 | 2.07 | 0.00 | 0.00 | 14.29 | |||
| ALVO | 1.86 | (0.51) | 0.00 | (0.95) | 0.00 | 2.50 | 15.48 |
Park Ha Corporate Executives
Elected by the shareholders, the Park Ha's board of directors comprises two types of representatives: Park Ha inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Park. The board's role is to monitor Park Ha's management team and ensure that shareholders' interests are well served. Park Ha'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, Park Ha's outside directors are responsible for providing unbiased perspectives on the board's policies.