One Stop Correlations

OSS Stock

USD 2.73 0.01 0.37%

The correlation of One Stop 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.

One Stop Correlation With Market

Average diversification

The correlation between One Stop Systems and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding One Stop Systems and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in One Stop Systems. 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 One Stock

0.85	JBL	Jabil Circuit Buyout Trend	Pair Corr
0.78	RDCM	Radcom	Pair Corr
0.61	PCTY	Paylocity Holdng	Pair Corr
0.8	KNTK	Kinetik Holdings	Pair Corr

Moving against One Stock

0.53	CDUAF	Canadian Utilities	Pair Corr
0.32	TCTZF	Tencent Holdings Downward Rally	Pair Corr

Related Correlations Analysis

	CAJFF	VJET	AITX	QUBT	UAVS	QMCO	AGMH	MKFG	INVE
CAJFF		0.0	-0.13	-0.7	-0.54	-0.67	-0.57	-0.42	-0.27	CAJFF
VJET	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	VJET
AITX	-0.13	0.0		0.29	0.18	0.35	0.49	0.43	0.26	AITX
QUBT	-0.7	0.0	0.29		0.58	0.92	0.67	0.42	0.33	QUBT
UAVS	-0.54	0.0	0.18	0.58		0.52	0.86	0.87	0.82	UAVS
QMCO	-0.67	0.0	0.35	0.92	0.52		0.65	0.43	0.35	QMCO
AGMH	-0.57	0.0	0.49	0.67	0.86	0.65		0.88	0.78	AGMH
MKFG	-0.42	0.0	0.43	0.42	0.87	0.43	0.88		0.86	MKFG
INVE	-0.27	0.0	0.26	0.33	0.82	0.35	0.78	0.86		INVE
	CAJFF	VJET	AITX	QUBT	UAVS	QMCO	AGMH	MKFG	INVE

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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

QMCO	+ 0.92	QUBT
MKFG	+ 0.88	AGMH
MKFG	+ 0.87	UAVS
AGMH	+ 0.86	UAVS
INVE	+ 0.86	MKFG
INVE	+ 0.82	UAVS

High negative correlations

QUBT	- 0.7	CAJFF
QMCO	- 0.67	CAJFF
AGMH	- 0.57	CAJFF
UAVS	- 0.54	CAJFF
MKFG	- 0.42	CAJFF
INVE	- 0.27	CAJFF

Risk-Adjusted Indicators

There is a big difference between One Stock performing well and One Stop 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 One Stop'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
CAJFF	1.59	0.05	0.03	0.13	2.00	(3.31)	5.21	(4.41)	15.67
VJET	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AITX	4.36	0.01	0.00	(0.04)	0.00	0.00	13.79	(8.33)	65.04
QUBT	11.06	1.80	0.15	(3.72)	11.51	(13.75)	51.53	(10.73)	108.47
UAVS	5.77	(1.78)	0.00	(5.46)	0.00	0.00	11.52	(12.81)	53.25
QMCO	13.71	2.23	0.17	1.34	11.68	(18.63)	40.09	(16.08)	193.01
AGMH	8.82	(3.18)	0.00	9.90	0.00	0.00	7.69	(27.27)	156.73
MKFG	2.95	(0.46)	0.00	(0.38)	0.00	0.00	5.05	(6.40)	26.54
INVE	2.20	(0.25)	0.00	(0.46)	0.00	0.00	5.56	(4.68)	13.28

One Stop Corporate Management

Victor Hester	Vice Operations	Profile
Timothy Miller	VP Marketing	Profile
Robert Kalebaugh	Vice Sales	Profile
Jim Reardon	Vice Technology	Profile
Martin Stiborski	Managing Technology	Profile

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