Weibo Corp Correlations
| WB Stock | USD 9.92 0.28 2.90% |
The correlation of Weibo Corp 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.
Weibo Corp Correlation With Market
Modest diversification
The correlation between Weibo Corp and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Weibo Corp and DJI in the same portfolio, assuming nothing else is changed.
Moving against Weibo Stock
| 0.87 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.74 | CSCO | Cisco Systems | PairCorr |
| 0.63 | MRK | Merck Company Aggressive Push | PairCorr |
| 0.62 | MMM | 3M Company | PairCorr |
| 0.57 | AXP | American Express | PairCorr |
| 0.55 | CAT | Caterpillar | PairCorr |
| 0.49 | XOM | Exxon Mobil Corp | PairCorr |
| 0.43 | AA | Alcoa Corp | PairCorr |
| 0.34 | IBM | International Business | PairCorr |
Related Correlations Analysis
| 0.0 | 1.0 | -1.0 | 0.0 | 0.0 | 1.0 | NPNTQ | ||
| 0.0 | 0.0 | 0.0 | 0.76 | 0.09 | 0.0 | TMUSZ | ||
| 1.0 | 0.0 | -1.0 | 0.0 | 0.0 | 1.0 | TETEF | ||
| -1.0 | 0.0 | -1.0 | 0.0 | 0.0 | -1.0 | SPMMF | ||
| 0.0 | 0.76 | 0.0 | 0.0 | -0.07 | 0.0 | TMUSI | ||
| 0.0 | 0.09 | 0.0 | 0.0 | -0.07 | 0.0 | HMENF | ||
| 1.0 | 0.0 | 1.0 | -1.0 | 0.0 | 0.0 | BTNY | ||
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 Weibo Stock performing well and Weibo Corp 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 Weibo Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NPNTQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TMUSZ | 0.61 | 0.03 | 0.01 | 0.25 | 0.67 | 1.22 | 3.14 | |||
| TETEF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SPMMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TMUSI | 0.77 | 0.00 | (0.02) | 0.00 | 0.93 | 1.85 | 6.29 | |||
| HMENF | 1.50 | 0.13 | 0.05 | 0.17 | 1.85 | 3.87 | 12.92 | |||
| BTNY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Weibo Corp Corporate Management
| Jingdong Ge | VP of Marketing | Profile | |
| Sandra Zhang | Investor Analyst | Profile | |
| Wen Li | Investor Manager | Profile | |
| Wang Wei | Chief Officer | Profile | |
| Zenghui Cao | Senior Operation | Profile |