AMTD Digital Correlations
| HKD Stock | USD 1.82 0.01 0.55% |
The current 90-days correlation between AMTD Digital and HeartCore Enterprises is 0.57 (i.e., Very weak diversification). The correlation of AMTD Digital 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.
AMTD Digital Correlation With Market
Modest diversification
The correlation between AMTD Digital and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AMTD Digital and DJI in the same portfolio, assuming nothing else is changed.
Moving together with AMTD Stock
| 0.69 | DOCU | DocuSign Sell-off Trend | PairCorr |
| 0.72 | VERX | Vertex | PairCorr |
| 0.66 | DSGX | Descartes Systems | PairCorr |
| 0.69 | VMEO | Vimeo Inc | PairCorr |
| 0.68 | EPWK | EPWK Holdings | PairCorr |
| 0.62 | WETO | Webus International | PairCorr |
Moving against AMTD Stock
| 0.67 | VS | Versus Systems | PairCorr |
| 0.55 | DOMO | Domo Inc Tech Boost | PairCorr |
| 0.52 | EB | Eventbrite Class A | PairCorr |
| 0.52 | YB | Yuanbao American Dep | PairCorr |
| 0.48 | DV | DoubleVerify Holdings | PairCorr |
| 0.46 | U | Unity Software Aggressive Push | PairCorr |
| 0.4 | VERB | Verb Technology | PairCorr |
| 0.67 | EGAN | eGain | PairCorr |
| 0.44 | ETWO | E2open Parent Holdings | PairCorr |
| 0.43 | EGHT | 8x8 Common Stock | PairCorr |
| 0.4 | ELWS | Earlyworks Co, | PairCorr |
| 0.35 | WFCF | Where Food Comes | PairCorr |
| 0.66 | DHX | DHI Group | PairCorr |
| 0.64 | BSY | Bentley Systems | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
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Risk-Adjusted Indicators
There is a big difference between AMTD Stock performing well and AMTD Digital 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 AMTD Digital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HTCR | 4.44 | (0.45) | 0.00 | (0.16) | 0.00 | 9.30 | 41.87 | |||
| BMR | 4.15 | 0.60 | 0.15 | 0.45 | 4.03 | 11.29 | 33.35 | |||
| CXAI | 3.54 | (0.40) | 0.00 | (0.01) | 0.00 | 6.67 | 39.09 | |||
| SOUN | 3.98 | 0.39 | 0.18 | 0.25 | 3.51 | 9.16 | 30.83 | |||
| IDAI | 4.76 | 1.06 | 0.24 | 1.18 | 3.80 | 12.62 | 37.02 | |||
| INPX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PRST | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KBNT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MVLA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| IFBD | 3.84 | 0.01 | (0.02) | 0.18 | 5.02 | 7.53 | 41.07 |
AMTD Digital Corporate Management
| Chi Lo | CEO Director | Profile | |
| Lawrence Lee | Chief Officer | Profile | |
| Ho Zee | Chief Officer | Profile | |
| Giampietro Baudo | Chief Officer | Profile | |
| Frederic Lau | Pres Director | Profile |