Strategic Education Correlations
| STRA Stock | USD 82.37 0.34 0.41% |
The current 90-days correlation between Strategic Education and Element Solutions is 0.11 (i.e., Average diversification). The correlation of Strategic Education 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.
Strategic Education Correlation With Market
Modest diversification
The correlation between Strategic Education and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Strategic Education and DJI in the same portfolio, assuming nothing else is changed.
Strategic |
Moving together with Strategic Stock
| 0.75 | EEIQ | Elite Education Group | PairCorr |
| 0.78 | LGCY | Legacy Education | PairCorr |
| 0.83 | PRDO | Perdoceo Education Corp | PairCorr |
Moving against Strategic Stock
| 0.75 | GOTU | Gaotu Techedu DRC | PairCorr |
| 0.73 | GV | Visionary Education | PairCorr |
| 0.72 | IH | Ihuman Inc | PairCorr |
| 0.58 | VSTA | Vasta Platform | PairCorr |
| 0.42 | GSUN | Golden Sun Education | PairCorr |
| 0.39 | JZ | Jianzhi Education | PairCorr |
| 0.41 | LXEH | Lixiang Education Holding | PairCorr |
Related Correlations Analysis
| 0.25 | -0.13 | 0.43 | 0.28 | ESI | ||
| 0.25 | 0.36 | 0.04 | 0.32 | DV | ||
| -0.13 | 0.36 | -0.18 | -0.53 | CECO | ||
| 0.43 | 0.04 | -0.18 | 0.19 | APEI | ||
| 0.28 | 0.32 | -0.53 | 0.19 | LOPE | ||
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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 Strategic Stock performing well and Strategic Education 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 Strategic Education'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ESI | 1.19 | (0.07) | 0.00 | (0.17) | 0.00 | 2.54 | 7.56 | |||
| DV | 2.13 | (0.42) | 0.00 | 1.28 | 0.00 | 3.85 | 40.25 | |||
| CECO | 2.06 | (0.33) | 0.00 | (0.43) | 0.00 | 3.83 | 12.38 | |||
| APEI | 2.40 | 0.16 | 0.04 | 0.03 | 2.73 | 4.40 | 27.37 | |||
| LOPE | 1.00 | 0.07 | 0.05 | 0.02 | 1.62 | 1.77 | 7.34 |
Strategic Education Corporate Executives
Elected by the shareholders, the Strategic Education's board of directors comprises two types of representatives: Strategic Education inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Strategic. The board's role is to monitor Strategic Education's management team and ensure that shareholders' interests are well served. Strategic Education's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Strategic Education's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daniel Jackson | CFO and Executive VP | Profile |