Chicken Soup Correlations
| CSSENDelisted Stock | USD 0.27 0.02 8.00% |
The current 90-days correlation between Chicken Soup For and Chicken Soup For is -0.2 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chicken Soup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chicken Soup For moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Chicken Soup Correlation With Market
Good diversification
The correlation between Chicken Soup For and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Chicken Soup For and DJI in the same portfolio, assuming nothing else is changed.
Chicken |
Moving together with Chicken Stock
Moving against Chicken Stock
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Related Correlations Analysis
| 0.55 | 0.67 | 0.71 | 0.36 | CSSEP | ||
| 0.55 | 0.69 | 0.31 | 0.52 | RILYN | ||
| 0.67 | 0.69 | 0.4 | 0.47 | RILYM | ||
| 0.71 | 0.31 | 0.4 | 0.04 | CNFRL | ||
| 0.36 | 0.52 | 0.47 | 0.04 | GECCN | ||
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Risk-Adjusted Indicators
There is a big difference between Chicken Stock performing well and Chicken Soup 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 Chicken Soup'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CSSEP | 14.01 | 3.45 | 0.21 | (0.93) | 13.57 | 18.26 | 332.88 | |||
| RILYN | 2.54 | (0.03) | 0.00 | 0.15 | 0.00 | 4.63 | 33.81 | |||
| RILYM | 1.69 | 0.23 | 0.08 | 4.26 | 1.95 | 2.56 | 28.41 | |||
| CNFRL | 1.07 | (0.05) | 0.00 | 0.34 | 0.00 | 1.81 | 10.46 | |||
| GECCN | 0.41 | 0.03 | (0.03) | 1.04 | 0.42 | 0.95 | 2.73 |
Chicken Soup 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 Chicken Soup stock to make a market-neutral strategy. Peer analysis of Chicken Soup could also be used in its relative valuation, which is a method of valuing Chicken Soup by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Chicken Soup For?
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