Highest Performances Correlations
| HPH Stock | 0.22 0.01 4.76% |
The current 90-days correlation between Highest Performances and Life360, Common Stock is 0.01 (i.e., Significant diversification). The correlation of Highest Performances 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.
Highest Performances Correlation With Market
Average diversification
The correlation between Highest Performances Holdings and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Highest Performances Holdings and DJI in the same portfolio, assuming nothing else is changed.
Highest |
Moving against Highest Stock
| 0.54 | LEGT | Legato Merger Corp | PairCorr |
| 0.52 | C | Citigroup Aggressive Push | PairCorr |
| 0.51 | V | Visa Class A | PairCorr |
| 0.5 | SCM | Stellus Capital Inve Normal Trading | PairCorr |
| 0.49 | MA | Mastercard Sell-off Trend | PairCorr |
| 0.49 | COF | Capital One Financial | PairCorr |
| 0.47 | ENVA | Enova International | PairCorr |
| 0.47 | DFS | Discover Financial | PairCorr |
| 0.44 | BK | Bank of New York | PairCorr |
| 0.43 | HRZN | Horizon Technology Earnings Call This Week | PairCorr |
| 0.42 | AC | Associated Capital Normal Trading | PairCorr |
| 0.39 | NCPLW | Netcapital | PairCorr |
| 0.53 | DB | Deutsche Bank AG Normal Trading | PairCorr |
| 0.53 | GL | Globe Life | PairCorr |
| 0.52 | MS | Morgan Stanley | PairCorr |
| 0.5 | GS | Goldman Sachs Group | PairCorr |
| 0.49 | NU | Nu Holdings | PairCorr |
| 0.37 | MC | Moelis | PairCorr |
| 0.31 | LX | Lexinfintech Holdings | PairCorr |
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 Highest Stock performing well and Highest Performances 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 Highest Performances' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LIF | 2.30 | 0.01 | 0.00 | 0.01 | 3.44 | 6.01 | 15.48 | |||
| WHTGF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HTRC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RTTGF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CHMN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WFCF | 1.80 | 0.13 | 0.04 | 2.51 | 2.88 | 4.26 | 17.91 | |||
| VMC | 0.93 | (0.12) | 0.00 | (0.14) | 0.00 | 2.01 | 4.87 | |||
| QTWO | 1.62 | (0.17) | 0.00 | (0.10) | 0.00 | 3.15 | 14.37 |
Highest Performances Corporate Executives
Elected by the shareholders, the Highest Performances' board of directors comprises two types of representatives: Highest Performances inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Highest. The board's role is to monitor Highest Performances' management team and ensure that shareholders' interests are well served. Highest Performances' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Highest Performances' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Yuanfen Yang | VP CFO | Profile |