Ucommune International Correlations
| UKOMW Stock | USD 0.01 0.0001 1.01% |
The current 90-days correlation between Ucommune International and Landsea Homes is 0.04 (i.e., Significant diversification). The correlation of Ucommune International 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.
Ucommune International Correlation With Market
Average diversification
The correlation between Ucommune International and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ucommune International and DJI in the same portfolio, assuming nothing else is changed.
Ucommune |
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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
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Risk-Adjusted Indicators
There is a big difference between Ucommune Stock performing well and Ucommune International 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 Ucommune International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| METXW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LSEAW | 6.92 | (0.68) | 0.00 | (0.29) | 0.00 | 18.18 | 43.08 | |||
| THWWW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LGHLW | 5.33 | 0.18 | 0.02 | (0.31) | 6.34 | 17.33 | 58.03 | |||
| AGBAW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Ucommune International Corporate Management
| Jianghai Shen | Chief Designer | Profile | |
| Xin Guan | Chief Officer | Profile | |
| Kwok Cheong | Chairman CFO | Profile | |
| Zhuangkun He | CEO CoFounder | Profile | |
| Nan Shi | Chief Officer | Profile | |
| Xiaodong Li | Chief Officer | Profile |