Jiuzi Holdings Correlations
| JZXN Stock | USD 1.76 0.21 13.55% |
The current 90-days correlation between Jiuzi Holdings and Vroom Inc is 0.23 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jiuzi Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jiuzi Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Jiuzi |
Moving against Jiuzi Stock
| 0.44 | ABG | Asbury Automotive | PairCorr |
| 0.39 | FL | Foot Locker | PairCorr |
| 0.38 | ANF | Abercrombie Fitch | PairCorr |
| 0.51 | LAD | Lithia Motors | PairCorr |
| 0.48 | SIG | Signet Jewelers Sell-off Trend | PairCorr |
| 0.46 | EYE | National Vision Holdings | PairCorr |
| 0.34 | SBH | Sally Beauty Holdings Earnings Call This Week | PairCorr |
| 0.33 | GORV | Lazydays Holdings | PairCorr |
| 0.31 | CWH | Camping World 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 Jiuzi Stock performing well and Jiuzi Holdings 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 Jiuzi Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SDA | 2.86 | (0.08) | 0.00 | (5.66) | 0.00 | 5.89 | 18.31 | |||
| VRM | 4.41 | (0.50) | 0.00 | (0.37) | 0.00 | 11.52 | 37.13 | |||
| CVNA | 2.70 | 0.30 | 0.08 | 0.39 | 3.23 | 6.60 | 30.52 | |||
| CZOO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| UXIN | 4.92 | 0.13 | 0.02 | 0.15 | 6.56 | 9.32 | 33.59 | |||
| KFS | 1.06 | (0.26) | 0.00 | (0.69) | 0.00 | 2.14 | 10.73 | |||
| KAR | 1.30 | 0.37 | 0.26 | 0.66 | 1.01 | 2.29 | 14.46 | |||
| LAZY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CANG | 6.62 | 1.79 | 0.19 | (0.53) | 6.91 | 18.29 | 53.87 | |||
| SFT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Jiuzi Holdings Corporate Executives
Elected by the shareholders, the Jiuzi Holdings' board of directors comprises two types of representatives: Jiuzi Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Jiuzi. The board's role is to monitor Jiuzi Holdings' management team and ensure that shareholders' interests are well served. Jiuzi Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Jiuzi Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.