YY Group Correlations
| YYGH Stock | 1.75 0.13 6.91% |
The current 90-days correlation between YY Group Holding and Golden Matrix Group is 0.11 (i.e., Average diversification). The correlation of YY Group 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.
YY Group Correlation With Market
Modest diversification
The correlation between YY Group Holding and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding YY Group Holding and DJI in the same portfolio, assuming nothing else is changed.
YYGH |
Moving together with YYGH Stock
| 0.79 | G | Genpact Limited | PairCorr |
| 0.66 | BR | Broadridge Financial | PairCorr |
| 0.64 | KC | Kingsoft Cloud Holdings Tech Boost | PairCorr |
| 0.8 | LZ | LegalZoom | PairCorr |
| 0.77 | SQ | Block Inc | PairCorr |
| 0.93 | DRVN | Driven Brands Holdings | PairCorr |
| 0.78 | VRSK | Verisk Analytics | PairCorr |
| 0.79 | EEFT | Euronet Worldwide | PairCorr |
| 0.86 | EXLS | ExlService Holdings | PairCorr |
| 0.68 | AWX | Avalon Holdings | PairCorr |
| 0.71 | AXR | AMREP | PairCorr |
| 0.7 | BTM | Bitcoin Depot | PairCorr |
| 0.87 | CBZ | CBIZ Inc | PairCorr |
| 0.61 | FOUR | Shift4 Payments | PairCorr |
| 0.93 | CXW | CoreCivic | PairCorr |
| 0.85 | DLX | Deluxe | PairCorr |
| 0.86 | DNB | Dun Bradstreet Holdings | PairCorr |
Moving against YYGH Stock
| 0.85 | MG | Mistras Group | PairCorr |
| 0.74 | VCIG | VCI Global Limited | PairCorr |
| 0.68 | FC | Franklin Covey | PairCorr |
| 0.62 | VLTO | Veralto | PairCorr |
| 0.31 | DLHC | DLH Holdings Corp | PairCorr |
| 0.75 | BCO | Brinks Company | PairCorr |
| 0.66 | ESGL | ESGL Holdings Limited | PairCorr |
| 0.65 | EXPO | Exponent | PairCorr |
| 0.48 | WLDN | Willdan Group | PairCorr |
| 0.78 | DSS | DSS Inc | PairCorr |
| 0.72 | FCN | FTI Consulting | PairCorr |
| 0.71 | EFX | Equifax | PairCorr |
Related Correlations Analysis
| 0.07 | 0.0 | 0.55 | 0.47 | 0.85 | -0.24 | STBFY | ||
| 0.07 | 0.0 | 0.04 | 0.23 | 0.23 | 0.56 | GMGI | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ROBXF | ||
| 0.55 | 0.04 | 0.0 | 0.34 | 0.55 | -0.56 | WVVI | ||
| 0.47 | 0.23 | 0.0 | 0.34 | 0.55 | -0.02 | ABEV | ||
| 0.85 | 0.23 | 0.0 | 0.55 | 0.55 | -0.14 | FQVTF | ||
| -0.24 | 0.56 | 0.0 | -0.56 | -0.02 | -0.14 | WS | ||
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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 YYGH Stock performing well and YY Group 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 YY Group'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| STBFY | 1.01 | (0.28) | 0.00 | (3.08) | 0.00 | 1.61 | 5.47 | |||
| GMGI | 3.26 | (0.10) | 0.00 | (0.55) | 0.00 | 7.76 | 29.54 | |||
| ROBXF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WVVI | 1.33 | (0.02) | 0.00 | 0.33 | 0.00 | 3.76 | 8.49 | |||
| ABEV | 1.42 | (0.35) | 0.00 | 3.35 | 0.00 | 2.96 | 9.81 | |||
| FQVTF | 1.02 | (0.33) | 0.00 | 0.76 | 0.00 | 1.85 | 7.20 | |||
| WS | 2.16 | (0.04) | 0.00 | (0.02) | 0.00 | 3.44 | 27.96 |
YY Group Corporate Executives
Elected by the shareholders, the YY Group's board of directors comprises two types of representatives: YY Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of YYGH. The board's role is to monitor YY Group's management team and ensure that shareholders' interests are well served. YY Group'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, YY Group's outside directors are responsible for providing unbiased perspectives on the board's policies.