1Spatial PLC Correlations
| SPA Stock | 68.00 0.00 0.00% |
The current 90-days correlation between 1Spatial PLC and Samsung Electronics Co is -0.1 (i.e., Good diversification). The correlation of 1Spatial PLC 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.
1Spatial PLC Correlation With Market
Good diversification
The correlation between 1Spatial PLC and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 1Spatial PLC and DJI in the same portfolio, assuming nothing else is changed.
1Spatial |
The ability to find closely correlated positions to 1Spatial PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 1Spatial PLC 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 1Spatial PLC - 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 1Spatial PLC to buy it.
Moving together with 1Spatial Stock
| 0.84 | TYT | Toyota Motor Corp | PairCorr |
| 0.78 | SMSN | Samsung Electronics | PairCorr |
| 0.8 | SMSD | Samsung Electronics | PairCorr |
| 0.78 | BC94 | Samsung Electronics Earnings Call This Week | PairCorr |
| 0.72 | LGLD | LG ELECTRONICS INC | PairCorr |
| 0.62 | 0MPL | SGL Carbon SE | PairCorr |
| 0.88 | 0L3I | Charles Schwab Corp Earnings Call Today | PairCorr |
| 0.88 | IIG | Intuitive Investments | PairCorr |
| 0.74 | BARC | Barclays PLC | PairCorr |
| 0.66 | 0QZ5 | Cognizant Technology | PairCorr |
| 0.7 | FSTA | Fuller Smith Turner | PairCorr |
| 0.75 | 0QKU | Royal Bank | PairCorr |
| 0.71 | RMMC | River and Mercantile | PairCorr |
| 0.71 | TENG | Ten Lifestyle Group | PairCorr |
| 0.76 | VLG | Venture Life Group | PairCorr |
| 0.76 | AXL | Arrow Exploration Corp | PairCorr |
| 0.77 | 0LJB | Uniti Group | PairCorr |
| 0.72 | 0R0A | Hecla Mining | PairCorr |
| 0.81 | ATYM | Atalaya Mining | PairCorr |
| 0.81 | 0J2R | Alstom SA | PairCorr |
| 0.72 | JPEL | JPEL Private Equity | PairCorr |
| 0.86 | CPH2 | Clean Power Hydrogen | PairCorr |
Moving against 1Spatial Stock
Related Correlations Analysis
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
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Risk-Adjusted Indicators
There is a big difference between 1Spatial Stock performing well and 1Spatial PLC 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 1Spatial PLC'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SMSN | 2.27 | 0.51 | 0.20 | 0.57 | 2.25 | 5.34 | 11.94 | |||
| BC94 | 2.23 | 0.52 | 0.20 | 0.64 | 2.30 | 4.66 | 11.98 | |||
| SMSD | 1.95 | 0.44 | 0.18 | 0.46 | 1.95 | 4.30 | 10.30 | |||
| TYT | 1.26 | 0.27 | 0.13 | 0.54 | 1.06 | 3.36 | 8.16 | |||
| SBID | 0.79 | 0.18 | 0.12 | 5.74 | 0.70 | 2.18 | 5.68 | |||
| 0R15 | 4.47 | 0.48 | 0.08 | 0.42 | 5.56 | 10.13 | 31.19 | |||
| LGLD | 5.26 | 0.74 | 0.07 | (0.66) | 6.07 | 12.90 | 45.83 | |||
| RIGD | 1.02 | (0.08) | 0.00 | (0.25) | 0.00 | 1.60 | 6.96 | |||
| HSBK | 0.99 | 0.05 | 0.02 | 0.13 | 1.21 | 2.63 | 7.37 |
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1Spatial PLC Corporate Management
Elected by the shareholders, the 1Spatial PLC's board of directors comprises two types of representatives: 1Spatial PLC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 1Spatial. The board's role is to monitor 1Spatial PLC's management team and ensure that shareholders' interests are well served. 1Spatial PLC'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, 1Spatial PLC's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Julia Dutton | Global Marketing | Profile | |
| Lianne Tydeman | Group Controller | Profile | |
| Issam Tannous | Belgium France | Profile | |
| Andrew Fennell | Managing Roads | Profile | |
| Susan Wallace | Company Secretary | Profile |