Yayyo Correlations
| YAYODelisted Stock | USD 0.05 0 3.95% |
The current 90-days correlation between Yayyo Inc and Datasea is -0.07 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Yayyo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yayyo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Yayyo Correlation With Market
Average diversification
The correlation between Yayyo Inc and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Yayyo Inc and DJI in the same portfolio, assuming nothing else is changed.
Yayyo |
The ability to find closely correlated positions to Yayyo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yayyo 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 Yayyo - 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 Yayyo Inc to buy it.
Moving together with Yayyo Pink Sheet
Moving against Yayyo Pink Sheet
| 0.8 | HRI | Herc Holdings | PairCorr |
| 0.78 | FTAIM | FTAI Aviation | PairCorr |
| 0.76 | WLFC | Willis Lease Finance | PairCorr |
| 0.74 | FTAI | Fortress Transp Infra | PairCorr |
| 0.73 | HEES | HE Equipment Services | PairCorr |
| 0.73 | MGRC | McGrath RentCorp | PairCorr |
| 0.66 | URI | United Rentals Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.64 | R | Ryder System | PairCorr |
| 0.61 | FTAIN | Fortress Transportation | PairCorr |
| 0.61 | FTAIP | Fortress Transportation | PairCorr |
| 0.5 | FPAY | FlexShopper Earnings Call Tomorrow | PairCorr |
| 0.43 | AER | AerCap Holdings NV | PairCorr |
| 0.41 | FTAIO | Fortress Transportation | PairCorr |
| 0.36 | AL | Air Lease | PairCorr |
| 0.33 | GATX | GATX Fiscal Year End 28th of January 2025 | PairCorr |
| 0.76 | AZ | A2Z Smart Technologies | PairCorr |
| 0.74 | ALTG-PA | Alta Equipment Group | PairCorr |
| 0.74 | BV | BrightView Holdings Earnings Call This Week | PairCorr |
| 0.74 | CW | Curtiss Wright | PairCorr |
| 0.73 | B | Barnes Group | PairCorr |
| 0.73 | J | Jacobs Solutions Fiscal Year End 19th of November 2024 | PairCorr |
| 0.71 | BW | Babcock Wilcox Enter Earnings Call Tomorrow | PairCorr |
| 0.68 | EH | Ehang Holdings Downward Rally | PairCorr |
| 0.64 | CR | Crane Company | PairCorr |
| 0.61 | TRTN-PB | Triton International | PairCorr |
| 0.58 | DE | Deere Company Fiscal Year End 27th of November 2024 | PairCorr |
| 0.44 | UHAL | U Haul Holding | PairCorr |
| 0.43 | ALTG | Alta Equipment Group | PairCorr |
| 0.41 | TRTN-PA | Triton International | PairCorr |
Related Correlations Analysis
| -0.62 | 0.91 | -0.78 | 0.0 | LMPX | ||
| -0.62 | -0.54 | 0.55 | 0.0 | DTSS | ||
| 0.91 | -0.54 | -0.77 | 0.0 | IMBI | ||
| -0.78 | 0.55 | -0.77 | 0.0 | XELB | ||
| 0.0 | 0.0 | 0.0 | 0.0 | TTCM | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Yayyo Pink Sheet performing well and Yayyo 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 Yayyo'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LMPX | 1.50 | (0.33) | 0.00 | 1.78 | 0.00 | 2.74 | 10.78 | |||
| DTSS | 4.35 | 0.42 | 0.05 | 0.73 | 6.23 | 11.40 | 61.49 | |||
| IMBI | 10.04 | (3.10) | 0.00 | (0.96) | 0.00 | 18.75 | 110.53 | |||
| XELB | 2.44 | 0.26 | 0.02 | (3.56) | 2.80 | 6.15 | 19.07 | |||
| TTCM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Yayyo Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Yayyo pink sheet to make a market-neutral strategy. Peer analysis of Yayyo could also be used in its relative valuation, which is a method of valuing Yayyo by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Yayyo Corporate Management
| Terren Peizer | Ex Directors | Profile | |
| Boyd Bishop | Consultant | Profile | |
| Stephen Sanchez | CEO Director | Profile | |
| Ryan Saathoff | Chief Officer | Profile |
Still Interested in Yayyo Inc?
Investing in delisted pink sheets can be risky, as the pink sheet 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.