Koss Correlations

KOSS Stock

USD 5.19 0.12 2.37%

The current 90-days correlation between Koss and Emerson Radio is 0.25 (i.e., Modest diversification). The correlation of Koss 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.

Koss Correlation With Market

Weak diversification

The correlation between Koss Corp. and DJI is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Koss Corp. and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Koss Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with Koss Stock

0.61	DOOO	BRP Inc Earnings Call This Week	Pair Corr
0.79	VNCE	Vince Holding Corp	Pair Corr
0.63	CRI	Carters	Pair Corr
0.65	DTC	Solo Brands	Pair Corr
0.64	PVH	PVH Corp	Pair Corr
0.61	VRA	Vera Bradley	Pair Corr
0.64	WWW	Wolverine World Wide	Pair Corr
0.66	SHOO	Steven Madden	Pair Corr
0.69	SONO	Sonos Inc	Pair Corr

Moving against Koss Stock

0.57	HAS	Hasbro Inc	Pair Corr
0.51	VOXX	VOXX International	Pair Corr
0.44	ESCA	Escalade Incorporated Earnings Call This Week	Pair Corr
0.44	MAT	Mattel Inc	Pair Corr
0.55	CVCO	Cavco Industries	Pair Corr

Related Correlations Analysis

	UTME	WLDS	WLDSW	SONO	MICS	MSN	ZEPP	AAPL	UEIC	VZIO
UTME		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	UTME
WLDS	0.0		-0.49	0.84	0.0	-0.15	0.01	0.64	0.8	0.0	WLDS
WLDSW	0.0	-0.49		-0.68	0.0	-0.17	0.45	-0.54	-0.65	0.0	WLDSW
SONO	0.0	0.84	-0.68		0.0	0.07	-0.17	0.62	0.87	0.0	SONO
MICS	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	MICS
MSN	0.0	-0.15	-0.17	0.07	0.0		-0.21	-0.26	0.15	0.0	MSN
ZEPP	0.0	0.01	0.45	-0.17	0.0	-0.21		-0.17	0.02	0.0	ZEPP
AAPL	0.0	0.64	-0.54	0.62	0.0	-0.26	-0.17		0.58	0.0	AAPL
UEIC	0.0	0.8	-0.65	0.87	0.0	0.15	0.02	0.58		0.0	UEIC
VZIO	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		VZIO
	UTME	WLDS	WLDSW	SONO	MICS	MSN	ZEPP	AAPL	UEIC	VZIO

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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

UEIC	+ 0.87	SONO
SONO	+ 0.84	WLDS
UEIC	+ 0.8	WLDS
AAPL	+ 0.64	WLDS
AAPL	+ 0.62	SONO
UEIC	+ 0.58	AAPL

High negative correlations

SONO	- 0.68	WLDSW
UEIC	- 0.65	WLDSW
AAPL	- 0.54	WLDSW
WLDSW	- 0.49	WLDS
AAPL	- 0.26	MSN
ZEPP	- 0.21	MSN

Risk-Adjusted Indicators

There is a big difference between Koss Stock performing well and Koss 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 Koss' 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
UTME	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
WLDS	6.65	(1.18)	0.00	(0.72)	0.00	0.00	18.48	(15.87)	47.11
WLDSW	39.84	17.20	0.68	1.39	18.13	(58.30)	215.79	(33.65)	371.62
SONO	1.77	(0.23)	0.00	(0.26)	0.00	0.00	4.86	(4.13)	14.04
MICS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MSN	2.92	0.40	0.09	0.57	3.13	(4.95)	8.16	(6.12)	33.84
ZEPP	2.61	0.36	0.15	(1.08)	2.61	(3.19)	4.25	(4.59)	17.12
AAPL	1.33	(0.13)	0.00	(0.22)	0.00	0.00	2.10	(3.36)	8.50
UEIC	1.97	(0.75)	0.00	(0.61)	0.00	0.00	3.80	(4.51)	18.98
VZIO	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Koss Corporate Executives

Elected by the shareholders, the Koss' board of directors comprises two types of representatives: Koss inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Koss. The board's role is to monitor Koss' management team and ensure that shareholders' interests are well served. Koss' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Koss' outside directors are responsible for providing unbiased perspectives on the board's policies.

Kim Schulte

CFO Secretary

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