Hello Correlations

MOMO Stock

USD 6.90 0.16 2.27%

The current 90-days correlation between Hello Group and Autohome is 0.54 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hello moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hello Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Hello Correlation With Market

Significant diversification

The correlation between Hello Group and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hello Group 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 Hello Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Moving together with Hello Stock

0.62	TEM	Tempus AI, Class	Pair Corr
0.65	PINS	Pinterest	Pair Corr

Moving against Hello Stock

0.34	BZFDW	BuzzFeed	Pair Corr
0.33	MNYWW	MoneyHero Limited	Pair Corr

Related Correlations Analysis

	WB	ATHM	TME	DOYU	YY	BIDU	YELP	ZH	TCEHY	PROSY
WB		0.82	0.85	-0.16	0.88	0.83	-0.51	0.78	0.74	0.74	WB
ATHM	0.82		0.8	-0.23	0.88	0.77	-0.6	0.82	0.73	0.67	ATHM
TME	0.85	0.8		-0.33	0.77	0.83	-0.6	0.79	0.82	0.82	TME
DOYU	-0.16	-0.23	-0.33		-0.24	-0.12	0.83	-0.56	-0.6	-0.59	DOYU
YY	0.88	0.88	0.77	-0.24		0.68	-0.65	0.84	0.73	0.69	YY
BIDU	0.83	0.77	0.83	-0.12	0.68		-0.37	0.59	0.69	0.66	BIDU
YELP	-0.51	-0.6	-0.6	0.83	-0.65	-0.37		-0.85	-0.8	-0.78	YELP
ZH	0.78	0.82	0.79	-0.56	0.84	0.59	-0.85		0.87	0.87	ZH
TCEHY	0.74	0.73	0.82	-0.6	0.73	0.69	-0.8	0.87		0.99	TCEHY
PROSY	0.74	0.67	0.82	-0.59	0.69	0.66	-0.78	0.87	0.99		PROSY
	WB	ATHM	TME	DOYU	YY	BIDU	YELP	ZH	TCEHY	PROSY

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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

PROSY	+ 0.99	TCEHY
YY	+ 0.88	WB
YY	+ 0.88	ATHM
TCEHY	+ 0.87	ZH
PROSY	+ 0.87	ZH
TME	+ 0.85	WB

High negative correlations

ZH	- 0.85	YELP
TCEHY	- 0.8	YELP
PROSY	- 0.78	YELP
YELP	- 0.65	YY
TCEHY	- 0.6	DOYU
YELP	- 0.6	TME

Risk-Adjusted Indicators

There is a big difference between Hello Stock performing well and Hello 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 Hello'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
WB	2.14	0.19	0.09	1.52	2.49	(2.19)	4.82	(4.94)	11.06
ATHM	1.50	0.33	0.21	4.42	1.44	(1.66)	3.57	(2.35)	8.70
TME	2.57	0.48	0.16	0.42	2.61	(3.15)	6.56	(4.28)	21.82
DOYU	3.97	0.12	0.01	0.02	9.89	(4.80)	9.82	(5.45)	82.92
YY	2.14	0.27	0.12	2.04	2.55	(2.20)	3.95	(4.18)	12.56
BIDU	2.42	0.29	0.11	0.86	2.71	(2.54)	5.43	(4.58)	13.40
YELP	1.39	(0.14)	0.00	0.27	0.00	0.00	2.93	(2.52)	11.91
ZH	3.00	0.64	0.22	(16.90)	2.69	(3.81)	7.40	(5.70)	26.00
TCEHY	1.97	0.45	0.20	1.65	2.20	(2.32)	4.75	(4.06)	14.09
PROSY	1.78	0.33	0.13	0.67	2.30	(1.98)	4.20	(3.42)	13.97

Hello Corporate Executives

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

Xiaoliang Lei

Co-Founder and Co-Pres

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