ISoftStone Information Correlations
| 301236 Stock | 64.11 4.73 6.87% |
The current 90-days correlation between iSoftStone Information and Hengli Petrochemical Co is 0.07 (i.e., Significant diversification). The correlation of ISoftStone Information 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.
ISoftStone Information Correlation With Market
Significant diversification
The correlation between iSoftStone Information Technol and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iSoftStone Information Technol and DJI in the same portfolio, assuming nothing else is changed.
ISoftStone |
The ability to find closely correlated positions to ISoftStone Information could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ISoftStone Information 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 ISoftStone Information - 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 iSoftStone Information Technology to buy it.
Moving against ISoftStone Stock
Related Correlations Analysis
| 0.5 | 0.7 | 0.47 | 0.36 | 0.48 | -0.22 | 002632 | ||
| 0.5 | 0.62 | 0.1 | 0.54 | 0.7 | 0.1 | 600346 | ||
| 0.7 | 0.62 | 0.3 | 0.15 | 0.53 | 0.01 | 000600 | ||
| 0.47 | 0.1 | 0.3 | -0.15 | 0.07 | -0.04 | 000949 | ||
| 0.36 | 0.54 | 0.15 | -0.15 | 0.46 | -0.4 | 000506 | ||
| 0.48 | 0.7 | 0.53 | 0.07 | 0.46 | 0.18 | 000895 | ||
| -0.22 | 0.1 | 0.01 | -0.04 | -0.4 | 0.18 | 000995 | ||
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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
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Risk-Adjusted Indicators
There is a big difference between ISoftStone Stock performing well and ISoftStone Information 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 ISoftStone Information'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 002632 | 2.40 | 0.20 | 0.05 | 0.20 | 3.33 | 4.09 | 17.43 | |||
| 600346 | 0.89 | 0.05 | 0.07 | (0.28) | 1.03 | 2.27 | 6.06 | |||
| 000600 | 1.85 | 0.06 | 0.04 | (0.38) | 2.24 | 4.91 | 15.78 | |||
| 000949 | 2.27 | (0.13) | 0.00 | (12.47) | 0.00 | 3.71 | 17.16 | |||
| 000506 | 3.46 | 0.74 | 0.19 | (2.28) | 3.62 | 5.10 | 10.16 | |||
| 000895 | 0.96 | 0.11 | 0.11 | (0.80) | 1.10 | 1.80 | 6.37 | |||
| 000995 | 2.92 | 0.17 | 0.04 | 0.14 | 3.87 | 10.00 | 20.01 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in ISoftStone Information without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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ISoftStone Information Corporate Management
Elected by the shareholders, the ISoftStone Information's board of directors comprises two types of representatives: ISoftStone Information inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ISoftStone. The board's role is to monitor ISoftStone Information's management team and ensure that shareholders' interests are well served. ISoftStone Information'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, ISoftStone Information's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Xiaosong Zhang | Consultant | Profile | |
| Xiaosong CPA | Consultant | Profile | |
| Yaxi Gong | Senior Development | Profile | |
| Ying Huang | Deputy Officer | Profile |