SOS Correlations

SOS Stock

USD 5.65 0.44 7.22%

The current 90-days correlation between SOS Limited and Veritone is 0.09 (i.e., Significant diversification). The correlation of SOS 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.

SOS Correlation With Market

Good diversification

The correlation between SOS Limited and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SOS Limited and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SOS Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Moving together with SOS Stock

0.67	BV	BrightView Holdings	Pair Corr
0.66	DLHC	DLH Holdings Corp	Pair Corr
0.71	VIRC	Virco Manufacturing	Pair Corr
0.65	VLTO	Veralto	Pair Corr
0.66	VSEC	VSE Corporation Earnings Call This Week	Pair Corr
0.62	ESGL	ESGL Holdings Limited	Pair Corr
0.7	EXPO	Exponent	Pair Corr
0.77	WLDN	Willdan Group Earnings Call This Week	Pair Corr
0.67	ACU	Acme United Earnings Call Tomorrow	Pair Corr
0.72	AXR	AMREP	Pair Corr
0.63	BTM	Bitcoin Depot	Pair Corr
0.67	FORR	Forrester Research	Pair Corr
0.72	CLH	Clean Harbors	Pair Corr

Moving against SOS Stock

0.66	KC	Kingsoft Cloud Holdings	Pair Corr
0.44	MG	Mistras Group Earnings Call This Week	Pair Corr
0.43	LZ	LegalZoom	Pair Corr
0.43	EXLS	ExlService Holdings Earnings Call Today	Pair Corr
0.42	G	Genpact Limited Sell-off Trend	Pair Corr
0.42	AWX	Avalon Holdings	Pair Corr
0.55	CBZ	CBIZ Inc	Pair Corr
0.52	GDS	GDS Holdings	Pair Corr
0.43	KAR	KAR Auction Services	Pair Corr

Related Correlations Analysis

	IRNT	KPLT	ARQQ	MQ	VERI	BLIN	JG	RVYL	NN	NVEI
IRNT		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	IRNT
KPLT	0.0		-0.33	-0.3	0.38	0.57	0.67	-0.49	-0.76	0.0	KPLT
ARQQ	0.0	-0.33		-0.17	0.17	0.09	-0.36	0.39	0.38	0.0	ARQQ
MQ	0.0	-0.3	-0.17		-0.4	-0.41	-0.2	0.35	0.42	0.0	MQ
VERI	0.0	0.38	0.17	-0.4		0.56	0.32	-0.15	-0.44	0.0	VERI
BLIN	0.0	0.57	0.09	-0.41	0.56		0.38	-0.33	-0.75	0.0	BLIN
JG	0.0	0.67	-0.36	-0.2	0.32	0.38		-0.49	-0.52	0.0	JG
RVYL	0.0	-0.49	0.39	0.35	-0.15	-0.33	-0.49		0.6	0.0	RVYL
NN	0.0	-0.76	0.38	0.42	-0.44	-0.75	-0.52	0.6		0.0	NN
NVEI	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		NVEI
	IRNT	KPLT	ARQQ	MQ	VERI	BLIN	JG	RVYL	NN	NVEI

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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

JG	+ 0.67	KPLT
NN	+ 0.6	RVYL
BLIN	+ 0.57	KPLT
BLIN	+ 0.56	VERI
NN	+ 0.42	MQ
RVYL	+ 0.39	ARQQ

High negative correlations

NN	- 0.76	KPLT
NN	- 0.75	BLIN
NN	- 0.52	JG
RVYL	- 0.49	JG
RVYL	- 0.49	KPLT
NN	- 0.44	VERI

Risk-Adjusted Indicators

There is a big difference between SOS Stock performing well and SOS 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 SOS'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
IRNT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
KPLT	4.78	0.89	0.19	2.62	4.02	(6.03)	13.00	(7.36)	54.61
ARQQ	9.99	1.80	0.18	4.56	9.22	(13.49)	37.23	(12.37)	81.53
MQ	1.68	(0.07)	0.00	0.30	0.00	0.00	3.49	(4.43)	9.89
VERI	4.80	(0.07)	0.00	(0.15)	0.00	0.00	10.33	(8.56)	49.13
BLIN	5.22	0.73	0.11	(1.98)	5.75	(6.28)	16.00	(10.07)	45.75
JG	9.69	2.59	0.32	0.67	7.39	(14.79)	18.46	(14.72)	167.07
RVYL	5.91	(0.34)	0.00	(0.79)	0.00	0.00	13.08	(11.57)	53.10
NN	3.45	(0.25)	0.00	0.21	0.00	0.00	7.24	(6.38)	27.94
NVEI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

SOS Corporate Management

Douglas Brown	Non-Executive Independent Director	Profile
Kevin Kong	General Counsel	Profile
Ronggang Zhang	Non-Executive Independent Director	Profile
Edward Yan	Independent Director	Profile
Wenbin Wu	Non-Executive Independent Director	Profile

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