So Young Correlations

SY Stock  USD 0.94  0.09  8.73%   
The correlation of So Young 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.

So Young Correlation With Market

Modest diversification

The correlation between So Young International and DJI is 0.23 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding So Young International 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 So Young International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Moving together with So Young Stock

  0.69KDLYW Kindly MD, WarrantsPairCorr
  0.63LFMDP LifeMD Preferred SeriesPairCorr
  0.61CURIW CuriosityStreamPairCorr
  0.74YQ 17 Education TechnologyPairCorr
  0.79VEON VEONPairCorr

Moving against So Young Stock

  0.66DJCO Daily Journal CorpPairCorr
  0.42EA Electronic ArtsPairCorr
  0.34EB Eventbrite Class APairCorr
  0.6TC TuanChe ADRPairCorr
  0.46OB OutbrainPairCorr
  0.36DRCT Direct Digital Holdings Earnings Call TodayPairCorr
  0.77ADD Color Star TechnologyPairCorr
  0.75ANGHW Anghami WarrantsPairCorr

Related Correlations Analysis

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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   
HCTINRC
STRMDH
DHNRC
HCTISTRM
STRMNRC
HSTMDH
  
High negative correlations   
MPLNHCTI
MPLNNRC
MPLNDH
MPLNSTRM
MPLNCMAX
HCTIHSTM

Risk-Adjusted Indicators

There is a big difference between So Young Stock performing well and So Young 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 So Young'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.

So Young Corporate Management

Vivian XUInvestor OfficerProfile
Mona QiaoInvestor OfficerProfile
Bei WangChief OfficerProfile
Gefei LiChief OfficerProfile
Nan HuangChief OfficerProfile