GDS Holdings Correlations

GDS Holdings Correlation With Market

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GDS 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 unemployment. For more information on how to buy GDS Stock please use our How to Invest in GDS 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    BEKE + 0.69 ZTO WNS + 0.64 VNET CLVT + 0.48 VNET ZLAB + 0.28 CLVT ZTO + 0.28 WNS BEKE + 0.27 HTHT

High negative correlations    HTHT - 0.68 WNS ZLAB - 0.54 HTHT ZTO - 0.44 ZLAB BEKE - 0.43 CLVT ZTO - 0.35 CLVT BEKE - 0.34 ZLAB

Risk-Adjusted Indicators

There is a big difference between GDS Stock performing well and GDS 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 GDS 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.