HWH International Correlations

HWH Stock

1.37 0.01 0.74%

The current 90-days correlation between HWH International and Nextplat Corp is 0.06 (i.e., Significant diversification). The correlation of HWH International 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.

HWH International Correlation With Market

Average diversification

The correlation between HWH International and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding HWH International and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with HWH Stock

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

For more detail on how to invest in HWH Stock please use our How to Invest in HWH International guide.

Moving together with HWH Stock

0.63	AS	Amer Sports,	Pair Corr
0.64	BC	Brunswick Earnings Call This Week	Pair Corr
0.71	RL	Ralph Lauren Corp	Pair Corr
0.67	UA	Under Armour C	Pair Corr
0.72	BZH	Beazer Homes USA	Pair Corr
0.72	FOSL	Fossil Group	Pair Corr
0.67	UAA	Under Armour A	Pair Corr
0.68	MBUU	Malibu Boats	Pair Corr
0.61	PLBY	Plby Group	Pair Corr
0.77	SONO	Sonos Inc	Pair Corr
0.66	F	Ford Motor Earnings Call This Week	Pair Corr
0.67	H	Hyatt Hotels Earnings Call This Week	Pair Corr
0.61	M	Macys Inc	Pair Corr
0.62	AN	AutoNation	Pair Corr

Moving against HWH Stock

0.55

Sweetgreen

Pair Corr

Related Correlations Analysis

	NXPL	CNTA	RDCM	EGP	UBER	BNTX	CMPOW
NXPL		0.51	0.7	0.56	0.76	0.53	0.94	NXPL
CNTA	0.51		0.16	0.03	0.43	0.51	0.41	CNTA
RDCM	0.7	0.16		0.71	0.81	0.11	0.79	RDCM
EGP	0.56	0.03	0.71		0.67	0.05	0.67	EGP
UBER	0.76	0.43	0.81	0.67		0.16	0.76	UBER
BNTX	0.53	0.51	0.11	0.05	0.16		0.45	BNTX
CMPOW	0.94	0.41	0.79	0.67	0.76	0.45		CMPOW
	NXPL	CNTA	RDCM	EGP	UBER	BNTX	CMPOW

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Risk-Adjusted Indicators

There is a big difference between HWH Stock performing well and HWH International 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 HWH International'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
NXPL	3.66	0.51	0.12	0.61	3.52	(4.68)	9.59	(5.88)	22.93
CNTA	2.46	0.28	0.10	0.32	3.00	(2.83)	4.85	(5.35)	15.95
RDCM	2.13	0.37	0.06	(0.51)	2.27	(2.29)	4.98	(3.57)	12.31
EGP	0.88	0.00	(0.03)	0.13	1.18	(0.83)	1.88	(2.35)	6.01
UBER	1.64	0.20	0.13	0.33	1.40	(2.08)	4.19	(2.54)	10.87
BNTX	2.33	0.05	0.01	0.18	3.25	(2.65)	4.97	(3.88)	25.06
CMPOW	2.75	0.91	0.23	1.34	2.95	(3.20)	6.18	(5.83)	14.57

HWH International Corporate Management

Anthony CPA	Chief Officer	Profile
Rongguo CPA	Chief Officer	Profile
Adam Tan	Chief Asia	Profile
Wai Lui	Chief Officer	Profile
John Thatch	CoChief Officer	Profile

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