Intelligent Living Correlations

ILAG Stock

USD 0.37 0.01 2.63%

The current 90-days correlation between Intelligent Living and Antelope Enterprise Holdings is 0.11 (i.e., Average diversification). The correlation of Intelligent Living 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.

Intelligent Living Correlation With Market

Modest diversification

The correlation between Intelligent Living Application and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Intelligent Living Application and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intelligent Living Application. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Intelligent Stock

0.8	NX	Quanex Building Products	Pair Corr
0.85	OC	Owens Corning	Pair Corr
0.75	TT	Trane Technologies plc	Pair Corr
0.82	FBIN	Fortune Brands Innov	Pair Corr
0.67	APT	Alpha Pro Tech	Pair Corr
0.72	CSL	Carlisle Companies	Pair Corr
0.87	GMS	GMS Inc	Pair Corr
0.64	LII	Lennox International	Pair Corr
0.73	LMB	Limbach Holdings	Pair Corr
0.77	LPX	Louisiana Pacific	Pair Corr
0.68	WMS	Advanced Drainage Systems	Pair Corr
0.77	JELD	Jeld Wen Holding	Pair Corr
0.63	PPIH	Perma Pipe Internati	Pair Corr
0.71	AIRJW	Montana Technologies	Pair Corr
0.93	AAON	AAON Inc	Pair Corr
0.72	AEHL	Antelope Enterprise	Pair Corr
0.67	AIRJ	Montana Technologies	Pair Corr
0.62	APOG	Apogee Enterprises	Pair Corr
0.85	ASPN	Aspen Aerogels Downward Rally	Pair Corr
0.62	AZEK	Azek Company Sell-off Trend	Pair Corr
0.71	SPXC	SPX Corp	Pair Corr
0.76	BLDR	Builders FirstSource	Pair Corr
0.84	TREX	Trex Company	Pair Corr
0.92	CSTE	Caesarstone	Pair Corr
0.87	J	Jacobs Solutions	Pair Corr
0.72	R	Ryder System Earnings Call This Week	Pair Corr

Moving against Intelligent Stock

0.57	ROCK	Gibraltar Industries	Pair Corr
0.42	JBI	Janus International	Pair Corr
0.65	EH	Ehang Holdings	Pair Corr
0.53	GE	GE Aerospace	Pair Corr
0.52	DE	Deere Company	Pair Corr
0.48	G	Genpact Limited	Pair Corr

Related Correlations Analysis

	VIEW	AZEK	APEUF	AFIIQ	VIEWW	AEHL	SWIM	TILE	TREX	NX
VIEW		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	VIEW
AZEK	0.0		0.48	0.0	0.0	0.25	0.22	0.75	0.84	0.53	AZEK
APEUF	0.0	0.48		0.0	0.0	0.89	0.12	0.87	0.77	0.92	APEUF
AFIIQ	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	AFIIQ
VIEWW	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	VIEWW
AEHL	0.0	0.25	0.89	0.0	0.0		0.0	0.67	0.54	0.81	AEHL
SWIM	0.0	0.22	0.12	0.0	0.0	0.0		0.27	0.26	0.16	SWIM
TILE	0.0	0.75	0.87	0.0	0.0	0.67	0.27		0.95	0.86	TILE
TREX	0.0	0.84	0.77	0.0	0.0	0.54	0.26	0.95		0.75	TREX
NX	0.0	0.53	0.92	0.0	0.0	0.81	0.16	0.86	0.75		NX
	VIEW	AZEK	APEUF	AFIIQ	VIEWW	AEHL	SWIM	TILE	TREX	NX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

TREX	+ 0.95	TILE
NX	+ 0.92	APEUF
AEHL	+ 0.89	APEUF
TILE	+ 0.87	APEUF
NX	+ 0.86	TILE
TREX	+ 0.84	AZEK

High negative correlations

SWIM	- 0.0	AEHL
NX	- 0.0	VIEWW
TREX	- 0.0	VIEWW
TILE	- 0.0	VIEWW
SWIM	- 0.0	VIEWW
AEHL	- 0.0	VIEWW

Risk-Adjusted Indicators

There is a big difference between Intelligent Stock performing well and Intelligent Living 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 Intelligent Living'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
VIEW	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AZEK	1.86	0.18	0.05	0.02	2.19	(1.98)	4.06	(3.45)	17.71
APEUF	2.28	(0.37)	0.00	(1.73)	0.00	0.00	4.29	(6.49)	17.33
AFIIQ	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
VIEWW	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AEHL	4.53	(0.62)	0.00	(1.28)	0.00	0.00	10.00	(9.09)	42.79
SWIM	2.91	0.14	0.01	0.00	3.47	(3.43)	5.61	(6.37)	44.63
TILE	1.65	(0.24)	0.00	(0.25)	0.00	0.00	3.16	(3.94)	15.09
TREX	1.74	(0.19)	0.00	(0.15)	0.00	0.00	3.23	(3.74)	12.61
NX	2.15	(0.20)	0.00	(1.85)	0.00	0.00	4.08	(3.94)	17.75

Intelligent Living Corporate Management

Ching CPA	Chief Officer	Profile
Wei Zhong	VP Fin	Profile
Yu Lau	Chief Officer	Profile
Po Hui	CTO Director	Profile
Shun Hui	VP Engineering	Profile
Ching Wong	Chief Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC