Educational Development Correlations
| EDUC Stock | USD 1.24 0.01 0.80% |
The current 90-days correlation between Educational Development and Broadcom is -0.02 (i.e., Good diversification). The correlation of Educational Development 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.
Educational Development Correlation With Market
Average diversification
The correlation between Educational Development and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Educational Development and DJI in the same portfolio, assuming nothing else is changed.
Educational | Build AI portfolio with Educational Stock |
Moving together with Educational Stock
Moving against Educational Stock
| 0.58 | MCD | McDonalds | PairCorr |
| 0.51 | T | ATT Inc | PairCorr |
| 0.44 | PPERY | Bank Mandiri Persero Normal Trading | PairCorr |
| 0.43 | PG | Procter Gamble | PairCorr |
| 0.33 | DIS | Walt Disney | PairCorr |
| 0.32 | PBCRF | PT Bank Central | PairCorr |
Related Correlations Analysis
| 0.0 | -0.33 | 0.36 | 0.04 | -0.03 | -0.17 | AVGO | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | CNCM | ||
| -0.33 | 0.0 | -0.77 | -0.09 | 0.13 | 0.51 | NXST | ||
| 0.36 | 0.0 | -0.77 | 0.35 | 0.08 | -0.22 | KNOIF | ||
| 0.04 | 0.0 | -0.09 | 0.35 | 0.4 | 0.35 | BNL | ||
| -0.03 | 0.0 | 0.13 | 0.08 | 0.4 | 0.63 | GWIN | ||
| -0.17 | 0.0 | 0.51 | -0.22 | 0.35 | 0.63 | JDSPY | ||
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
|
Risk-Adjusted Indicators
There is a big difference between Educational Stock performing well and Educational Development 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 Educational Development'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AVGO | 2.23 | 0.40 | 0.17 | 0.58 | 1.98 | 9.41 | 15.68 | |||
| CNCM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NXST | 1.28 | (0.16) | 0.00 | (0.14) | 0.00 | 2.51 | 8.06 | |||
| KNOIF | 0.12 | 0.05 | 0.00 | 3.45 | 0.00 | 0.00 | 2.11 | |||
| BNL | 0.79 | 0.03 | 0.02 | 0.09 | 1.00 | 1.71 | 5.87 | |||
| GWIN | 0.79 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 30.26 | |||
| JDSPY | 2.77 | (0.37) | 0.00 | (0.41) | 0.00 | 5.26 | 16.00 |
Educational Development Corporate Executives
Elected by the shareholders, the Educational Development's board of directors comprises two types of representatives: Educational Development inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Educational. The board's role is to monitor Educational Development's management team and ensure that shareholders' interests are well served. Educational Development'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, Educational Development's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daniel CPA | Corporate CFO | Profile |