Nature Wood Correlations
| NWGL Stock | 1.41 0.01 0.70% |
The current 90-days correlation between Nature Wood Group and CVR Partners LP is 0.03 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nature Wood moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nature Wood Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Nature Wood Correlation With Market
Good diversification
The correlation between Nature Wood Group and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nature Wood Group and DJI in the same portfolio, assuming nothing else is changed.
Nature |
Moving together with Nature Stock
| 0.61 | DNMR | Danimer Scientific Upward Rally | PairCorr |
Moving against Nature Stock
Related Correlations Analysis
| 0.1 | 0.57 | 0.46 | -0.16 | 0.55 | UAN | ||
| 0.1 | 0.03 | 0.51 | 0.53 | -0.05 | EMN | ||
| 0.57 | 0.03 | 0.58 | -0.27 | 0.75 | BCPC | ||
| 0.46 | 0.51 | 0.58 | 0.29 | 0.57 | SXT | ||
| -0.16 | 0.53 | -0.27 | 0.29 | -0.15 | ZIJMF | ||
| 0.55 | -0.05 | 0.75 | 0.57 | -0.15 | AXTA | ||
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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 Nature Stock performing well and Nature Wood 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 Nature Wood'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| UAN | 1.31 | 0.10 | 0.02 | 0.30 | 1.64 | 3.38 | 10.77 | |||
| EMN | 1.10 | (0.04) | (0.04) | 0.07 | 1.29 | 2.78 | 7.31 | |||
| BCPC | 1.07 | 0.07 | (0.03) | 1.48 | 1.28 | 2.54 | 8.32 | |||
| SXT | 1.08 | (0.13) | (0.05) | 0.03 | 1.32 | 2.14 | 8.84 | |||
| ZIJMF | 2.00 | (0.09) | 0.00 | (0.56) | 0.00 | 5.58 | 21.80 | |||
| AXTA | 1.23 | 0.09 | 0.07 | 0.21 | 1.22 | 2.81 | 10.92 |
Nature Wood Corporate Management
| Hubei Song | Chief Officer | Profile | |
| Kam Chim | Chief Officer | Profile | |
| Jianjun Zeng | Chief Officer | Profile | |
| Richard Guzman | Head SAC | Profile | |
| Wai Ka | Head Limited | Profile |