Taskus Correlations
TASK Stock | USD 17.07 0.01 0.06% |
The current 90-days correlation between Taskus Inc and TTEC Holdings is 0.71 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Taskus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taskus Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Taskus Correlation With Market
Significant diversification
The correlation between Taskus Inc and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Taskus Inc and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Taskus Stock
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Moving against Taskus Stock
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0.77 | G | Genpact Limited | PairCorr |
0.65 | NL | NL Industries | PairCorr |
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Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Taskus Stock performing well and Taskus 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 Taskus' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
TTEC | 2.88 | 0.41 | 0.13 | 0.63 | 2.51 | 4.93 | 38.99 | |||
G | 1.33 | (0.16) | 0.00 | (0.08) | 0.00 | 2.55 | 17.95 | |||
CNXC | 1.94 | 0.11 | 0.06 | 0.22 | 2.18 | 4.63 | 12.44 | |||
DOCS | 1.89 | 0.11 | 0.03 | 0.25 | 2.85 | 3.90 | 13.89 | |||
DLO | 1.86 | 0.27 | 0.16 | 0.34 | 1.62 | 4.67 | 14.78 | |||
CFLT | 2.11 | 0.12 | 0.05 | 0.22 | 3.43 | 4.17 | 25.20 | |||
MQ | 1.62 | 0.50 | 0.22 | 0.82 | 1.58 | 3.87 | 14.30 | |||
MNDY | 1.84 | 0.08 | 0.06 | 0.19 | 2.27 | 4.05 | 13.49 |
Taskus Corporate Management
Claudia JD | General Secretary | Profile | |
Jarrod Johnson | Chief Officer | Profile | |
Sapna Bhambani | Senior Operations | Profile | |
Sean Neighbors | Senior Offerings | Profile | |
Jon Wouters | Facilities Growth | Profile | |
Claudia Walsh | General Secretary | Profile | |
Charley Lemaster | Senior Sales | Profile |