CIMG Correlations

IMG Stock

0.28 0.01 2.48%

The current 90-days correlation between CIMG Inc and Ecolab Inc is 0.19 (i.e., Average diversification). The correlation of CIMG 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.

CIMG Correlation With Market

Modest diversification

The correlation between CIMG Inc and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CIMG Inc and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with CIMG Stock

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in CIMG Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Moving together with CIMG Stock

0.85	K	Kellanova Earnings Call This Week	Pair Corr
0.93	CCU	Compania Cervecerias	Pair Corr
0.96	SAM	Boston Beer Earnings Call This Week	Pair Corr
0.87	STZ	Constellation Brands	Pair Corr
0.65	TSN	Tyson Foods	Pair Corr
0.84	PAVS	Paranovus Entertainment	Pair Corr
0.72	BJ	BJs Wholesale Club	Pair Corr
0.75	GO	Grocery Outlet Holding	Pair Corr
0.91	JZ	Jianzhi Education	Pair Corr

Moving against CIMG Stock

0.95	EL	Estee Lauder Companies Earnings Call Today	Pair Corr
0.92	DG	Dollar General	Pair Corr
0.88	OTLY	Oatly Group AB	Pair Corr
0.8	SFD	Smithfield Foods, Common	Pair Corr
0.75	RKDA	Arcadia Biosciences	Pair Corr
0.67	LWAY	Lifeway Foods	Pair Corr
0.63	BUD	Anheuser Busch Inbev	Pair Corr
0.63	RMCF	Rocky Mountain Chocolate	Pair Corr
0.57	VITL	Vital Farms	Pair Corr
0.48	INGR	Ingredion Incorporated	Pair Corr
0.36	TWG	Top Wealth Group	Pair Corr
0.96	DLTR	Dollar Tree	Pair Corr
0.89	WILC	G Willi Food	Pair Corr
0.83	PM	Philip Morris Intern Earnings Call Tomorrow	Pair Corr
0.82	DTCK	Davis Commodities	Pair Corr
0.8	FEDU	Four Seasons Education	Pair Corr
0.79	YQ	17 Education Technology	Pair Corr
0.77	EWCZ	European Wax Center	Pair Corr
0.71	TR	Tootsie Roll Industries Earnings Call This Week	Pair Corr
0.63	FAMI	Farmmi Inc	Pair Corr
0.6	IH	Ihuman Inc Trending	Pair Corr

Related Correlations Analysis

	ECL	PFLT	APAM	ECVT	ALB-PA	MOS	ECPG
ECL		0.84	0.86	0.91	0.66	0.93	0.79	ECL
PFLT	0.84		0.9	0.88	0.88	0.81	0.72	PFLT
APAM	0.86	0.9		0.93	0.85	0.86	0.85	APAM
ECVT	0.91	0.88	0.93		0.78	0.9	0.79	ECVT
ALB-PA	0.66	0.88	0.85	0.78		0.59	0.56	ALB-PA
MOS	0.93	0.81	0.86	0.9	0.59		0.86	MOS
ECPG	0.79	0.72	0.85	0.79	0.56	0.86		ECPG
	ECL	PFLT	APAM	ECVT	ALB-PA	MOS	ECPG

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between CIMG Stock performing well and CIMG 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 CIMG'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
ECL	0.83	0.08	0.05	0.23	0.85	(0.94)	1.83	(1.27)	5.79
PFLT	0.85	0.14	0.07	0.37	0.92	(0.95)	1.89	(1.60)	5.26
APAM	1.33	0.26	0.20	0.33	1.12	(1.56)	3.48	(2.41)	7.64
ECVT	1.77	0.51	0.19	1.01	1.90	(2.01)	4.82	(2.79)	14.44
ALB-PA	2.21	0.22	0.13	0.28	1.89	(2.70)	5.69	(3.33)	12.16
MOS	1.23	0.48	0.24	56.83	0.97	(1.45)	3.38	(1.50)	8.30
ECPG	2.02	0.27	0.15	0.32	1.96	(2.40)	3.61	(2.72)	28.93

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC