Employers Holdings Correlations

Employers Holdings Correlation With Market

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Employers Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.

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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    MGNI + 0.91 MTG SMA + 0.86 MTG COE + 0.83 MGNI SMA + 0.77 MGNI COE + 0.75 MTG SMA + 0.6 COE

High negative correlations    NCMI - 0.83 MGNI NCMI - 0.8 MTG NCMI - 0.72 SMA NCMI - 0.61 COE CAPNU - 0.47 ABR CAPNU - 0.38 COE

Risk-Adjusted Indicators

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