Full Truck Correlations
| YMM Stock | USD 12.70 0.01 0.08% |
The current 90-days correlation between Full Truck Alliance and Kingsoft Cloud Holdings is 0.27 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Full Truck moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Full Truck Alliance moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Full Truck Correlation With Market
Significant diversification
The correlation between Full Truck Alliance and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Full Truck Alliance and DJI in the same portfolio, assuming nothing else is changed.
Full |
Moving together with Full Stock
| 0.85 | KC | Kingsoft Cloud Holdings Upward Rally | PairCorr |
| 0.68 | DOCU | DocuSign | PairCorr |
| 0.77 | VCSA | Vacasa Inc | PairCorr |
| 0.65 | DUOL | Duolingo | PairCorr |
| 0.79 | MTLS | Materialise NV | PairCorr |
| 0.68 | MTTR | Matterport Earnings Call Today | PairCorr |
Moving against Full Stock
| 0.63 | MLNK | Meridianlink | PairCorr |
| 0.62 | VERB | VERB TECHNOLOGY PANY | PairCorr |
| 0.6 | DJCO | Daily Journal Corp | PairCorr |
| 0.36 | ZI | ZoomInfo Technologies | PairCorr |
| 0.76 | NCNO | nCino Inc | PairCorr |
| 0.36 | NICE | Nice Ltd ADR Earnings Call This Week | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Full Stock performing well and Full Truck 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 Full Truck'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MCLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DOMO | 2.32 | 0.06 | 0.01 | 0.07 | 4.00 | 4.37 | 22.14 | |||
| LTCH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WETG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| OBLG | 3.54 | 0.12 | 0.02 | 0.33 | 5.02 | 9.33 | 27.54 | |||
| KC | 7.64 | 2.96 | 0.42 | 2.97 | 5.66 | 20.45 | 56.37 | |||
| BMTX | 0.39 | 0.07 | 0.11 | (3.07) | 0.35 | 0.85 | 2.31 | |||
| PLUS | 1.63 | (0.47) | 0.00 | (0.75) | 0.00 | 2.60 | 16.01 | |||
| INST | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ENV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Full Truck Corporate Management
| Kai Shen | Chief Risk Officer, General Counsel | Profile | |
| Wenjian Dai | Director | Profile | |
| Guizhen Ma | Director | Profile | |
| Zhenghong Wang | Chief Customer Officer | Profile | |
| Xinzhe Li | Independent Director | Profile | |
| Weidong Ji | Director | Profile | |
| Mao Mao | Head Relations | Profile |