Alset Ehome Correlations
| AEI Stock | USD 0.93 0.02 2.20% |
The current 90-days correlation between Alset Ehome International and Xinyuan Real Estate is -0.1 (i.e., Good diversification). The correlation of Alset Ehome 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.
Alset Ehome Correlation With Market
Significant diversification
The correlation between Alset Ehome International and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alset Ehome International and DJI in the same portfolio, assuming nothing else is changed.
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Moving against Alset Stock
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Alset Stock performing well and Alset Ehome 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 Alset Ehome'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HCDIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| XIN | 2.99 | 0.12 | 0.04 | 0.59 | 3.53 | 6.67 | 14.91 | |||
| AXR | 2.60 | (0.60) | 0.00 | (0.69) | 0.00 | 4.16 | 19.00 | |||
| LSEA | 2.80 | (0.32) | 0.00 | (0.24) | 0.00 | 5.11 | 27.76 | |||
| SNLAY | 1.30 | 0.07 | 0.05 | 0.16 | 1.83 | 2.69 | 16.86 | |||
| HIHI | 12.22 | 2.80 | 0.12 | 1.46 | 12.15 | 35.27 | 98.91 | |||
| SUHJY | 1.10 | (0.02) | 0.00 | (0.55) | 0.00 | 2.02 | 6.87 | |||
| CTRYF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FOR | 1.74 | (0.27) | 0.00 | (0.43) | 0.00 | 3.09 | 15.27 |
Alset Ehome Corporate Management
| CPA CPA | Chief Officer | Profile | |
| Anthony CPA | Chief Officer | Profile | |
| Charles MacKenzie | Chief Officer | Profile | |
| Rongguo CPA | CoChief Officer | Profile | |
| BApSc MBA | Global Director | Profile | |
| Wai Lui | CoChief Officer | Profile | |
| Heng Chan | Founder Chairman | Profile |