Maison Solutions Correlations

MSS Stock

0.94 0.02 2.17%

The current 90-days correlation between Maison Solutions and Kandi Technologies Group is -0.04 (i.e., Good diversification). The correlation of Maison Solutions 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.

Maison Solutions Correlation With Market

Average diversification

The correlation between Maison Solutions and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Maison Solutions 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 Maison Solutions. 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.

For more information on how to buy Maison Stock please use our How to Invest in Maison Solutions guide.

Moving together with Maison Stock

0.75	IH	Ihuman Inc	Pair Corr
0.71	YQ	17 Education Technology	Pair Corr

Moving against Maison Stock

0.46	DNUT	Krispy Kreme	Pair Corr
0.33	PM	Philip Morris Intern	Pair Corr
0.32	MO	Altria Group	Pair Corr
0.68	WEST	Westrock Coffee	Pair Corr
0.56	FARM	Farmer Bros	Pair Corr
0.53	EDBL	Edible Garden AG	Pair Corr
0.53	CENTA	Central Garden Pet	Pair Corr
0.47	EAST	Eastside Distilling	Pair Corr
0.38	ACI	Albertsons Companies	Pair Corr
0.36	IMKTA	Ingles Markets	Pair Corr

Related Correlations Analysis

	BNL	TRTN-PC	PWWRF	TV	URI	CCEC	KNDI
BNL		0.57	0.0	0.27	-0.3	0.0	0.8	BNL
TRTN-PC	0.57		0.0	0.09	0.16	0.19	0.37	TRTN-PC
PWWRF	0.0	0.0		0.0	0.0	0.0	0.0	PWWRF
TV	0.27	0.09	0.0		0.5	0.67	0.08	TV
URI	-0.3	0.16	0.0	0.5		0.73	-0.6	URI
CCEC	0.0	0.19	0.0	0.67	0.73		-0.31	CCEC
KNDI	0.8	0.37	0.0	0.08	-0.6	-0.31		KNDI
	BNL	TRTN-PC	PWWRF	TV	URI	CCEC	KNDI

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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

KNDI	+ 0.8	BNL
CCEC	+ 0.73	URI
CCEC	+ 0.67	TV
TRTN-PC	+ 0.57	BNL
URI	+ 0.5	TV
KNDI	+ 0.37	TRTN-PC

High negative correlations

KNDI	- 0.6	URI
KNDI	- 0.31	CCEC
URI	- 0.3	BNL
KNDI	- 0.0	PWWRF
CCEC	- 0.0	PWWRF
URI	- 0.0	PWWRF

Risk-Adjusted Indicators

There is a big difference between Maison Stock performing well and Maison Solutions 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 Maison Solutions' 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
BNL	0.75	(0.11)	0.00	(0.17)	0.00	0.00	1.46	(1.71)	5.03
TRTN-PC	0.40	(0.02)	(0.18)	0.05	0.50	(0.41)	0.65	(0.91)	1.99
PWWRF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
TV	2.84	(0.15)	(0.03)	0.00	4.12	(2.68)	5.38	(6.56)	20.33
URI	1.40	0.01	0.09	0.12	1.29	(1.72)	2.46	(2.03)	12.35
CCEC	1.56	0.11	0.01	0.55	2.02	(1.54)	4.13	(2.79)	13.94
KNDI	3.38	(0.62)	0.00	(0.28)	0.00	0.00	7.36	(6.52)	30.17

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