QT Imaging Correlations
| QTI Stock | 0.55 0.05 8.33% |
The current 90-days correlation between QT Imaging Holdings and Asure Software is -0.02 (i.e., Good diversification). The correlation of QT Imaging 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.
QT Imaging Correlation With Market
Significant diversification
The correlation between QT Imaging Holdings and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding QT Imaging Holdings and DJI in the same portfolio, assuming nothing else is changed.
QTI |
Moving against QTI Stock
| 0.6 | RM | Regional Management Corp | PairCorr |
| 0.57 | BN | Brookfield Corp | PairCorr |
| 0.56 | GS | Goldman Sachs Group | PairCorr |
| 0.55 | MA | Mastercard | PairCorr |
| 0.55 | MS | Morgan Stanley | PairCorr |
| 0.54 | MC | Moelis | PairCorr |
| 0.48 | AC | Associated Capital | PairCorr |
| 0.45 | SF | Stifel Financial | PairCorr |
| 0.42 | PX | P10 Inc | PairCorr |
| 0.4 | RC | Ready Capital Corp | PairCorr |
| 0.39 | CG | Carlyle Group | PairCorr |
| 0.36 | DIST | Distoken Acquisition | PairCorr |
| 0.35 | V | Visa Class A | PairCorr |
| 0.35 | QD | Qudian Inc | PairCorr |
| 0.33 | WT | WisdomTree | PairCorr |
| 0.31 | BX | Blackstone Group | PairCorr |
| 0.58 | EARN | Ellington Residential | PairCorr |
| 0.55 | ECPG | Encore Capital Group | PairCorr |
| 0.52 | VCTR | Victory Capital Holdings | PairCorr |
| 0.51 | ENVA | Enova International | PairCorr |
| 0.39 | VINP | Vinci Partners Inves | PairCorr |
| 0.35 | VIRT | Virtu Financial | PairCorr |
| 0.34 | GCMGW | GCM Grosvenor | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 QTI Stock performing well and QT Imaging 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 QT Imaging'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ASUR | 2.26 | 0.20 | 0.06 | 0.07 | 2.48 | 4.04 | 21.20 | |||
| LTM | 1.05 | 0.18 | 0.16 | 0.73 | 1.26 | 2.35 | 8.36 | |||
| SKYW | 1.92 | (0.14) | 0.00 | (0.18) | 0.00 | 3.64 | 12.55 | |||
| CPA | 1.39 | 0.19 | 0.13 | 0.23 | 1.47 | 3.84 | 7.43 | |||
| ADI | 1.60 | 0.02 | 0.00 | (0.05) | 0.00 | 2.52 | 13.98 | |||
| DAL | 2.04 | (0.30) | 0.00 | (0.31) | 0.00 | 3.88 | 16.26 | |||
| ALVO | 1.52 | (0.01) | 0.00 | (0.12) | 0.00 | 4.44 | 11.96 |
QT Imaging Corporate Management
| Stas Budagov | Chief Officer | Profile | |
| Bilal Malik | Chief Officer | Profile | |
| Anastas Budagov | Chief Officer | Profile | |
| Steve Choate | Chief Officer | Profile |