Interactive Strength Correlations

TRNR Stock   6.57  0.48  7.88%   
The current 90-days correlation between Interactive Strength and El Pollo Loco is 0.17 (i.e., Average diversification). The correlation of Interactive Strength 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.

Interactive Strength Correlation With Market

Good diversification

The correlation between Interactive Strength Common and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Interactive Strength Common and DJI in the same portfolio, assuming nothing else is changed.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Interactive Strength Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving against Interactive Stock

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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   
KRUSLOCO
KRUSDIN
DINLOCO
KRUSCOCO
WESTABEV
DINCOCO
  
High negative correlations   
ABEVLOCO
KODIN
KOCOCO
KOKRUS
ABEVKRUS
KOLOCO

Risk-Adjusted Indicators

There is a big difference between Interactive Stock performing well and Interactive Strength 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 Interactive Strength'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.

Interactive Strength Corporate Executives

Elected by the shareholders, the Interactive Strength's board of directors comprises two types of representatives: Interactive Strength inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Interactive. The board's role is to monitor Interactive Strength's management team and ensure that shareholders' interests are well served. Interactive Strength'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, Interactive Strength's outside directors are responsible for providing unbiased perspectives on the board's policies.
Trent WardChairperson, CoFounderProfile