View Correlations

Summary

VIEWDelisted Stock

USD 0.08 0.00 0.00%

The current 90-days correlation between View Inc and Perma Pipe International Holdings is -0.24 (i.e., Very good diversification). The correlation of View 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.

View Correlation With Market

Good diversification

The correlation between View Inc and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding View Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Moving together with View Stock

0.8

Boeing Fiscal Year End 29th of January 2025

Pair Corr

Moving against View Stock

0.94	PTAIY	Astra International Tbk	Pair Corr
0.92	WMT	Walmart	Pair Corr
0.87	PPERY	Bank Mandiri Persero	Pair Corr
0.86	BKRKY	Bank Rakyat	Pair Corr
0.86	PBCRY	Bank Central Asia Earnings Call This Week	Pair Corr
0.84	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.81	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.8	PPERF	Bank Mandiri Persero	Pair Corr
0.79	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr
0.78	VZ	Verizon Communications Fiscal Year End 28th of January 2025	Pair Corr
0.74	PTBRY	Bank Negara Indonesia	Pair Corr
0.74	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.73	HD	Home Depot	Pair Corr
0.72	JNJ	Johnson Johnson Earnings Call This Week	Pair Corr
0.7	PG	Procter Gamble Earnings Call This Week	Pair Corr
0.69	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.66	PTAIF	PT Astra International	Pair Corr
0.63	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.54	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.53	BKRKF	PT Bank Rakyat	Pair Corr
0.33	JPM	JPMorgan Chase Earnings Call Tomorrow	Pair Corr

Related Correlations Analysis

	AEHL	AZEK	AAON	GMS	ILAG	APEUF	AFIIQ	CSTE	TILE
AEHL		-0.28	-0.76	0.03	-0.82	0.03	0.33	0.75	-0.82	AEHL
AZEK	-0.28		0.64	0.41	0.19	0.66	-0.11	0.19	0.4	AZEK
AAON	-0.76	0.64		0.23	0.51	0.35	-0.36	-0.49	0.64	AAON
GMS	0.03	0.41	0.23		-0.21	0.18	0.14	0.3	0.24	GMS
ILAG	-0.82	0.19	0.51	-0.21		-0.2	-0.21	-0.59	0.82	ILAG
APEUF	0.03	0.66	0.35	0.18	-0.2		-0.07	0.22	-0.05	APEUF
AFIIQ	0.33	-0.11	-0.36	0.14	-0.21	-0.07		0.42	-0.2	AFIIQ
CSTE	0.75	0.19	-0.49	0.3	-0.59	0.22	0.42		-0.46	CSTE
TILE	-0.82	0.4	0.64	0.24	0.82	-0.05	-0.2	-0.46		TILE
	AEHL	AZEK	AAON	GMS	ILAG	APEUF	AFIIQ	CSTE	TILE

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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

TILE	+ 0.82	ILAG
CSTE	+ 0.75	AEHL
APEUF	+ 0.66	AZEK
AAON	+ 0.64	AZEK
TILE	+ 0.64	AAON
ILAG	+ 0.51	AAON

High negative correlations

TILE	- 0.82	AEHL
ILAG	- 0.82	AEHL
AAON	- 0.76	AEHL
CSTE	- 0.59	ILAG
CSTE	- 0.49	AAON
TILE	- 0.46	CSTE

Risk-Adjusted Indicators

There is a big difference between View Stock performing well and View 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 View'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
AEHL	7.79	(1.94)	0.00	(0.92)	0.00	0.00	14.80	(21.47)	98.51
AZEK	1.84	(0.11)	0.00	0.06	2.71	(1.90)	4.26	(3.45)	16.60
AAON	1.42	0.27	0.13	0.33	2.01	(1.56)	3.79	(1.83)	10.65
GMS	1.71	0.08	0.06	0.16	2.27	(1.71)	3.42	(3.74)	12.73
ILAG	5.33	1.37	0.18	(10.66)	5.77	(7.20)	15.09	(7.46)	36.21
APEUF	1.88	(0.11)	0.00	(0.28)	0.00	0.00	3.19	(5.05)	17.35
AFIIQ	67.79	26.09	0.65	1.33	24.26	(249.99)	216.67	(66.67)	590.00
CSTE	2.70	(0.46)	0.00	(0.10)	0.00	0.00	5.71	(6.69)	17.19
TILE	1.72	0.27	0.17	0.30	1.58	(2.03)	4.84	(2.83)	9.48

View View Related Equities

Antelope Enterprise Holdings Azek Company AAON Inc GMS Inc Intelligent Living Application Atlas Engineered Products Armstrong Flooring Caesarstone Interface Quanex Building Products PGT Innovations Perma Pipe International Holdings Gibraltar Industries Janus International Group Jeld Wen Holding

Risk & Return

Correlation

View Corporate Management

Rao Mulpuri	CEO Director	Profile
William Krause	Chief Secretary	Profile
Nitesh Trikha	Chief Officer	Profile
Anshu Pradhan	Chief Officer	Profile
Martin Neumann	Chief Officer	Profile
Rahul Bammi	Chief Officer	Profile
Samuel Meehan	Head Relations	Profile

Still Interested in View Inc?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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