Strive Asset Correlations
| ASST Stock | 1.13 0.02 1.80% |
The correlation of Strive Asset 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.
Strive Asset Correlation With Market
Modest diversification
The correlation between Strive Asset Management 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 Strive Asset Management and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Strive Stock
| 0.7 | DIS | Walt Disney | PairCorr |
| 0.74 | LYV | Live Nation Entertainment | PairCorr |
| 0.7 | TME | Tencent Music Entert | PairCorr |
| 0.7 | RSVRW | Reservoir Media Mana | PairCorr |
| 0.73 | PNC | Pritish Nandy Commun | PairCorr |
| 0.73 | KUKE | Kuke Music Holding | PairCorr |
| 0.86 | OMIP | One Media iP | PairCorr |
| 0.92 | ZIN | Zinc Media Group | PairCorr |
| 0.64 | EMAN | Everyman Media Group | PairCorr |
| 0.71 | IMAGICAA | Imagicaaworld Entertainment | PairCorr |
| 0.75 | VFSWW | VinFast Auto | PairCorr |
Moving against Strive Stock
| 0.79 | DLPN | Dolphin Entertainment | PairCorr |
| 0.79 | AIM | Ai Media Technologies Earnings Call This Week | PairCorr |
| 0.78 | AEO | Aeorema Communications | PairCorr |
| 0.68 | MSGS | Madison Square Garden | PairCorr |
| 0.57 | SILLYMONKS | Silly Monks Entertainment | PairCorr |
| 0.54 | SWAGW | Software Acquisition | PairCorr |
| 0.74 | SHG | Shinhan Financial | PairCorr |
| 0.72 | SPHR | Sphere Entertainment | PairCorr |
| 0.36 | PLTK | Playtika Holding Corp | PairCorr |
| 0.86 | ETR | Entergy | PairCorr |
| 0.8 | 209111FB4 | CONSOLIDATED EDISON | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | DLAPQ | ||
| 0.0 | -0.48 | 0.62 | 0.0 | -0.21 | 0.32 | BMOOF | ||
| 0.0 | -0.48 | -0.39 | 0.0 | 0.5 | -0.29 | URBN | ||
| 0.0 | 0.62 | -0.39 | 0.0 | -0.05 | 0.59 | B | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | PIUTQ | ||
| 0.0 | -0.21 | 0.5 | -0.05 | 0.0 | -0.02 | CTYMF | ||
| 0.0 | 0.32 | -0.29 | 0.59 | 0.0 | -0.02 | HGMCF | ||
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 Strive Stock performing well and Strive Asset 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 Strive Asset'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DLAPQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BMOOF | 2.56 | 0.27 | 0.06 | 0.69 | 3.24 | 5.00 | 32.53 | |||
| URBN | 2.22 | (0.03) | 0.00 | 0.04 | 2.73 | 6.29 | 12.95 | |||
| B | 2.22 | 0.64 | 0.20 | 0.72 | 2.45 | 5.17 | 19.01 | |||
| PIUTQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CTYMF | 2.61 | 0.09 | 0.00 | (0.09) | 3.48 | 7.98 | 30.87 | |||
| HGMCF | 1.55 | 0.19 | 0.01 | (0.45) | 3.38 | 6.27 | 25.92 |
Strive Asset Corporate Management
| Don McArdle | Chief Officer | Profile | |
| Alexandra Gaiser | General Counsel | Profile | |
| Derek Dunlop | Chief Officer | Profile | |
| Jeff Walton | Chief Officer | Profile | |
| Benjamin Pham | Chief Officer | Profile |