36Kr Holdings Correlations

36Kr Holdings Correlation With Market

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 36Kr Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. To learn how to invest in 36Kr Stock, please use our How to Invest in 36Kr Holdings guide.

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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    QH + 0.41 HUIZ MOGU + 0.32 DUO QH + 0.11 YJ HUIZ + 0.07 YJ

High negative correlations    QH - 0.55 MOGU MOGU - 0.37 YJ HUIZ - 0.33 DUO QH - 0.29 DUO MOGU - 0.27 HUIZ DUO - 0.08 YJ

Risk-Adjusted Indicators

There is a big difference between 36Kr Stock performing well and 36Kr 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 36Kr 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.