GCL Global Correlations

GCLWW Stock

0.09 0.01 17.25%

The current 90-days correlation between GCL Global Holdings and Chiba Bank Ltd is 0.26 (i.e., Modest diversification). The correlation of GCL Global 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.

GCL Global Correlation With Market

Good diversification

The correlation between GCL Global Holdings and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GCL Global Holdings and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with GCL Stock

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GCL Global 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 housing.

Moving against GCL Stock

0.38	DDI	Doubledown Interactive	Pair Corr
0.37	MSGM	Motorsport Gaming	Pair Corr
0.33	MYPS	Playstudios	Pair Corr
0.32	GRVY	Gravity	Pair Corr
0.49	CURIW	CuriosityStream	Pair Corr
0.35	SJ	Scienjoy Holding Corp	Pair Corr
0.33	SE	Sea Downward Rally	Pair Corr
0.51	VEON	VEON Downward Rally	Pair Corr
0.38	WBTN	WEBTOON Entertainment	Pair Corr
0.32	YQ	17 Education Technology	Pair Corr
0.32	EPWK	EPWK Holdings	Pair Corr

Related Correlations Analysis

	CHBAY	IREN	JUVF	LIF	KLTR	DDOG	UBER
CHBAY		0.72	0.44	0.79	0.6	0.77	0.78	CHBAY
IREN	0.72		0.49	0.86	0.2	0.92	0.73	IREN
JUVF	0.44	0.49		0.55	0.29	0.53	0.33	JUVF
LIF	0.79	0.86	0.55		0.54	0.93	0.83	LIF
KLTR	0.6	0.2	0.29	0.54		0.44	0.69	KLTR
DDOG	0.77	0.92	0.53	0.93	0.44		0.84	DDOG
UBER	0.78	0.73	0.33	0.83	0.69	0.84		UBER
	CHBAY	IREN	JUVF	LIF	KLTR	DDOG	UBER

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Risk-Adjusted Indicators

There is a big difference between GCL Stock performing well and GCL Global 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 GCL Global'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
CHBAY	1.65	0.38	0.07	2.88	1.72	(4.29)	6.41	(3.63)	16.29
IREN	3.90	1.30	0.26	(6.80)	3.96	(4.33)	9.03	(6.06)	19.68
JUVF	1.14	0.01	(0.03)	0.20	1.43	(1.74)	2.76	(2.43)	11.79
LIF	2.55	0.85	0.18	(3.42)	3.17	(2.70)	5.04	(3.84)	24.26
KLTR	2.00	0.02	(0.02)	0.23	2.47	(2.25)	4.07	(3.86)	12.92
DDOG	1.88	0.37	0.11	(4.38)	2.24	(2.08)	4.17	(3.58)	16.37
UBER	1.99	0.24	0.11	0.26	2.24	(2.27)	5.87	(3.48)	16.18

GCL Global Corporate Management

Min Liu	Deputy Publishing	Profile
Han Lim	Interim Officer	Profile
Eng Chee	Group Officer	Profile
Yuxin Lin	Group Officer	Profile
Chun Wong	Group Officer	Profile

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