Correlation Between Koss and BB Liquidating

Can any of the company-specific risk be diversified away by investing in both Koss and BB Liquidating at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Koss and BB Liquidating into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Koss Corporation and BB Liquidating, you can compare the effects of market volatilities on Koss and BB Liquidating and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Koss with a short position of BB Liquidating. Check out your portfolio center. Please also check ongoing floating volatility patterns of Koss and BB Liquidating.

Diversification Opportunities for Koss and BB Liquidating

0.0

Correlation Coefficient

Koss  BB Liquidating

Pay attention - limited upside

The 3 months correlation between Koss and BLIAQ is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding Koss Corp. and BB Liquidating in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on BB Liquidating and Koss is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Koss Corporation are associated (or correlated) with BB Liquidating. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of BB Liquidating has no effect on the direction of Koss i.e., Koss and BB Liquidating go up and down completely randomly.

Pair Corralation between Koss and BB Liquidating

If you would invest  530.00  in Koss Corporation on May 14, 2025 and sell it today you would earn a total of  13.00  from holding Koss Corporation or generate 2.45% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Flat
Strength	Insignificant
Accuracy	0.0%
Values	Daily Returns

Koss Corp.  vs.  BB Liquidating

Koss

Risk-Adjusted Performance

Weak

Compared to the overall equity markets, risk-adjusted returns on investments in Koss Corporation are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Koss may actually be approaching a critical reversion point that can send shares even higher in September 2025.

BB Liquidating

Risk-Adjusted Performance

Weakest

Over the last 90 days BB Liquidating has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, BB Liquidating is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors.

Pair Trading with Koss and BB Liquidating

The main advantage of trading using opposite Koss and BB Liquidating positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Koss position performs unexpectedly, BB Liquidating can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BB Liquidating will offset losses from the drop in BB Liquidating's long position.

The idea behind Koss Corporation and BB Liquidating pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.