Marcus Correlations
| MCS Stock | USD 15.28 0.09 0.59% |
The current 90-days correlation between Marcus and Reservoir Media is -0.13 (i.e., Good diversification). The correlation of Marcus 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marcus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. Moving against Marcus Stock
| 0.66 | DRCT | Direct Digital Holdings | PairCorr |
| 0.56 | KWM | K Wave Media | PairCorr |
| 0.47 | GDEVW | Nexters Warrant | PairCorr |
| 0.47 | ADV | Advantage Solutions | PairCorr |
| 0.46 | AMC | AMC Entertainment | PairCorr |
| 0.45 | WLYB | John Wiley Sons | PairCorr |
| 0.44 | SPRX | Sparx Technology | PairCorr |
| 0.39 | LYV | Live Nation Entertainment | PairCorr |
| 0.36 | WIMI | WiMi Hologram Cloud | PairCorr |
| 0.33 | 603721 | TVZone Media | PairCorr |
| 0.31 | ZH | Zhihu Inc ADR | PairCorr |
| 0.67 | GROM | Grom Social Enterprises | PairCorr |
| 0.66 | 300770 | Guangdong South New | PairCorr |
| 0.64 | CJR-B | Corus Entertainment | PairCorr |
| 0.63 | SEATW | Vivid Seats Warrant | PairCorr |
| 0.58 | GAIA | Gaia Inc | PairCorr |
| 0.58 | TME | Tencent Music Entert | PairCorr |
| 0.54 | GAME | GameSquare Holdings | PairCorr |
| 0.51 | WMG | Warner Music Group | PairCorr |
| 0.49 | GTNA | Gray Television | PairCorr |
| 0.4 | RDI | Reading International | PairCorr |
| 0.36 | GMGI | Golden Matrix Group | PairCorr |
Related Correlations Analysis
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 Marcus Stock performing well and Marcus 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 Marcus' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RSVR | 1.02 | (0.09) | 0.00 | (0.12) | 0.00 | 2.18 | 7.58 | |||
| AENT | 3.34 | 0.26 | 0.06 | 0.92 | 3.70 | 8.65 | 25.74 | |||
| WOW | 0.23 | 0.00 | (0.14) | 0.19 | 0.23 | 0.77 | 1.94 | |||
| AMCX | 1.95 | 0.28 | 0.12 | 0.28 | 1.92 | 4.07 | 11.16 | |||
| GTN | 2.52 | (0.22) | 0.00 | (0.06) | 0.00 | 5.21 | 14.77 | |||
| ATEX | 2.27 | (0.04) | (0.02) | (0.01) | 2.99 | 3.83 | 20.21 | |||
| PERI | 1.60 | (0.09) | (0.02) | 0.01 | 1.60 | 3.12 | 14.14 | |||
| TTGT | 2.86 | (0.48) | 0.00 | (0.11) | 0.00 | 5.77 | 15.02 | |||
| BOC | 1.40 | (0.08) | 0.00 | (0.52) | 0.00 | 2.62 | 16.99 | |||
| NCMI | 1.70 | (0.36) | 0.00 | (0.18) | 0.00 | 3.94 | 14.59 |