Perfect Corp Correlations

PERF Stock

USD 2.59 0.20 7.17%

The current 90-days correlation between Perfect Corp and XIAO I American is -0.04 (i.e., Good diversification). The correlation of Perfect Corp 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.

Perfect Corp Correlation With Market

Good diversification

The correlation between Perfect Corp and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Perfect Corp 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 Perfect Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in Perfect Stock please use our How to Invest in Perfect Corp guide.

Moving together with Perfect Stock

0.82	KC	Kingsoft Cloud Holdings	Pair Corr
0.72	WK	Workiva	Pair Corr
0.85	VCSA	Vacasa Inc	Pair Corr
0.76	DUOT	Duos Technologies	Pair Corr
0.77	EGAN	eGain	Pair Corr
0.74	WFCF	Where Food Comes Downward Rally	Pair Corr
0.63	EZFL	EzFill Holdings Tech Boost	Pair Corr

Moving against Perfect Stock

0.55	VERB	VERB TECHNOLOGY PANY	Pair Corr
0.46	DOMO	Domo Inc	Pair Corr
0.75	EVOL	Evolving Systems	Pair Corr
0.68	VTEX	VTEX	Pair Corr
0.63	ETWO	E2open Parent Holdings	Pair Corr
0.54	XELAP	Exela Technologies	Pair Corr

Related Correlations Analysis

	CVT	ENFN	IDBA	DHX	AIXI	AMSWA	ISDR	CCRD	MIXT	IDXAF
CVT		0.85	-0.79	0.48	0.32	0.88	-0.85	0.9	-0.88	0.52	CVT
ENFN	0.85		-0.88	0.46	0.22	0.85	-0.72	0.9	-0.86	0.46	ENFN
IDBA	-0.79	-0.88		-0.35	-0.37	-0.71	0.67	-0.92	0.81	-0.45	IDBA
DHX	0.48	0.46	-0.35		-0.22	0.32	-0.44	0.33	-0.33	-0.05	DHX
AIXI	0.32	0.22	-0.37	-0.22		0.26	-0.12	0.43	-0.24	0.37	AIXI
AMSWA	0.88	0.85	-0.71	0.32	0.26		-0.74	0.87	-0.86	0.61	AMSWA
ISDR	-0.85	-0.72	0.67	-0.44	-0.12	-0.74		-0.76	0.81	-0.53	ISDR
CCRD	0.9	0.9	-0.92	0.33	0.43	0.87	-0.76		-0.87	0.55	CCRD
MIXT	-0.88	-0.86	0.81	-0.33	-0.24	-0.86	0.81	-0.87		-0.53	MIXT
IDXAF	0.52	0.46	-0.45	-0.05	0.37	0.61	-0.53	0.55	-0.53		IDXAF
	CVT	ENFN	IDBA	DHX	AIXI	AMSWA	ISDR	CCRD	MIXT	IDXAF

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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

CCRD	+ 0.9	CVT
CCRD	+ 0.9	ENFN
AMSWA	+ 0.88	CVT
CCRD	+ 0.87	AMSWA
ENFN	+ 0.85	CVT
AMSWA	+ 0.85	ENFN

High negative correlations

CCRD	- 0.92	IDBA
IDBA	- 0.88	ENFN
MIXT	- 0.88	CVT
MIXT	- 0.87	CCRD
MIXT	- 0.86	AMSWA
MIXT	- 0.86	ENFN

Risk-Adjusted Indicators

There is a big difference between Perfect Stock performing well and Perfect Corp 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 Perfect Corp'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
CVT	0.13	0.02	0.01	(1.96)	0.00	(0.18)	0.24	(0.24)	1.07
ENFN	1.76	0.34	0.16	1.22	1.91	(2.07)	3.77	(3.40)	9.86
IDBA	1.81	(0.58)	0.00	0.62	0.00	0.00	2.74	(6.49)	17.01
DHX	2.53	0.36	0.12	1.02	2.48	(3.48)	6.67	(4.29)	19.85
AIXI	4.99	0.35	0.06	1.12	5.12	(5.84)	12.97	(9.09)	28.01
AMSWA	1.44	0.29	0.18	(2.62)	1.18	(1.67)	3.79	(2.53)	10.40
ISDR	1.74	(0.26)	0.00	(0.29)	0.00	0.00	3.32	(4.36)	9.01
CCRD	2.26	0.95	0.47	7.31	1.36	(2.88)	5.75	(2.92)	11.21
MIXT	2.00	(0.17)	0.00	(0.84)	0.00	0.00	3.52	(3.34)	12.12
IDXAF	3.36	1.74	0.00	(0.69)	0.00	0.00	0.00	0.00	112.50

Perfect Corp Corporate Management

Alice Chang	Chairwoman Founder	Profile
PinJen Chen	Executive Officer	Profile
HsiaoChuan Chen	VP Accounting	Profile
Weichuan Liu	Chief Americas	Profile

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