Reflectkote Correlations
The correlation of Reflectkote 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.
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Related Correlations Analysis
0.62 | 0.78 | 0.67 | 0.55 | 0.71 | 0.84 | TKLF | ||
0.62 | 0.92 | 0.95 | 0.89 | 0.96 | 0.84 | CLS | ||
0.78 | 0.92 | 0.92 | 0.84 | 0.93 | 0.9 | IPGP | ||
0.67 | 0.95 | 0.92 | 0.92 | 0.94 | 0.87 | AMKR | ||
0.55 | 0.89 | 0.84 | 0.92 | 0.87 | 0.73 | ABG | ||
0.71 | 0.96 | 0.93 | 0.94 | 0.87 | 0.91 | ALNT | ||
0.84 | 0.84 | 0.9 | 0.87 | 0.73 | 0.91 | SCSC | ||
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Risk-Adjusted Indicators
There is a big difference between Reflectkote Stock performing well and Reflectkote 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 Reflectkote'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
TKLF | 1.53 | 0.37 | 0.15 | 1.06 | 1.27 | 4.70 | 10.30 | |||
CLS | 2.31 | 0.99 | 0.45 | 1.12 | 1.65 | 5.50 | 14.13 | |||
IPGP | 1.82 | 0.24 | 0.11 | 0.30 | 2.47 | 3.78 | 18.19 | |||
AMKR | 1.83 | 0.22 | 0.14 | 0.31 | 1.71 | 3.82 | 11.83 | |||
ABG | 1.54 | (0.02) | 0.00 | 0.14 | 1.74 | 3.68 | 10.56 | |||
ALNT | 2.18 | 0.95 | 0.43 | (176.42) | 1.20 | 4.58 | 24.56 | |||
SCSC | 1.28 | 0.29 | 0.19 | 0.57 | 0.90 | 3.75 | 9.57 |