Box Correlations

Box Correlation With Market

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Box Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

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 TSRYF + 0.75 CWGL CWGL + 0.73 AZMCF TSRYF + 0.62 AZMCF GZITF + 0.61 H H + 0.59 ICHGF INN + 0.59 TSRYF

High negative correlations GZITF - 0.78 TSRYF GZITF - 0.73 CWGL GZITF - 0.72 AZMCF TSRYF - 0.58 H H - 0.55 CWGL CWGL - 0.52 ICHGF

Risk-Adjusted Indicators

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