Arcis Resources Correlations
| ARCS Stock | USD 0.0001 0.00 0.00% |
The correlation of Arcis Resources 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Arcis |
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Risk-Adjusted Indicators
There is a big difference between Arcis Stock performing well and Arcis Resources 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 Arcis Resources' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SNOW | 2.19 | 0.48 | 0.28 | 0.31 | 1.57 | 4.22 | 37.80 | |||
| ZM | 1.59 | 0.27 | 0.12 | 0.34 | 2.01 | 3.43 | 12.08 | |||
| SHOP | 1.95 | 0.67 | 0.36 | 0.75 | 1.31 | 4.60 | 26.26 | |||
| WDAY | 1.44 | 0.06 | 0.02 | 0.16 | 1.87 | 3.33 | 10.59 | |||
| CRM | 1.47 | 0.40 | 0.29 | 0.38 | 1.04 | 3.59 | 13.87 |