Signature Leisure Correlations
| SGLS Stock | USD 0.0001 0.00 0.000003% |
The correlation of Signature Leisure 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. If the correlation is 0, the equities are not correlated; they are entirely random.
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Related Correlations Analysis
Risk-Adjusted Indicators
There is a big difference between Signature Stock performing well and Signature Leisure 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 Signature Leisure'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CPRT | 1.06 | (0.38) | 0.00 | (0.62) | 0.00 | 1.59 | 8.50 | |||
| PAG | 1.01 | (0.26) | 0.00 | (0.23) | 0.00 | 2.44 | 5.64 | |||
| SIETY | 0.94 | (0.41) | 0.00 | (5.97) | 0.00 | 0.81 | 15.51 | |||
| SIEVF | 0.18 | (0.07) | 0.00 | 0.46 | 0.00 | 0.00 | 5.95 | |||
| LAD | 1.56 | (0.13) | 0.00 | (0.03) | 0.00 | 3.07 | 8.67 | |||
| AN | 1.22 | (0.11) | 0.00 | (0.11) | 0.00 | 2.44 | 6.49 | |||
| KMX | 2.50 | (0.73) | 0.00 | (0.20) | 0.00 | 4.14 | 28.35 | |||
| GPI | 1.45 | (0.28) | 0.00 | (0.24) | 0.00 | 2.94 | 10.14 |