Sony Group Correlations

SONY Stock

USD 24.41 0.43 1.79%

The current 90-days correlation between Sony Group Corp and LG Display Co is -0.02 (i.e., Good diversification). The correlation of Sony Group 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.

Sony Group Correlation With Market

Good diversification

The correlation between Sony Group Corp and DJI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sony Group Corp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Sony Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sony Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with Sony Stock

0.69	VUZI	Vuzix Corp Cmn	Pair Corr
0.69	BMYMP	Bristol Myers Squibb	Pair Corr

Moving against Sony Stock

0.49

FVR

FrontView REIT,

Pair Corr

Related Correlations Analysis

	LPL	SNEJF	SONO	NTDOY	EA	RBLX	PARA	ASML
LPL		0.44	0.78	0.79	0.65	0.91	0.86	0.91	LPL
SNEJF	0.44		0.42	0.48	0.27	0.44	0.34	0.46	SNEJF
SONO	0.78	0.42		0.64	0.45	0.74	0.81	0.86	SONO
NTDOY	0.79	0.48	0.64		0.77	0.74	0.77	0.68	NTDOY
EA	0.65	0.27	0.45	0.77		0.49	0.52	0.56	EA
RBLX	0.91	0.44	0.74	0.74	0.49		0.9	0.84	RBLX
PARA	0.86	0.34	0.81	0.77	0.52	0.9		0.82	PARA
ASML	0.91	0.46	0.86	0.68	0.56	0.84	0.82		ASML
	LPL	SNEJF	SONO	NTDOY	EA	RBLX	PARA	ASML

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Risk-Adjusted Indicators

There is a big difference between Sony Stock performing well and Sony Group 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 Sony Group'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
LPL	1.46	0.18	0.07	0.34	2.02	(1.64)	3.56	(2.83)	14.24
SNEJF	3.28	0.06	0.01	0.20	3.93	(3.37)	6.41	(6.52)	17.12
SONO	2.27	0.48	0.14	(5.59)	2.14	(2.74)	6.00	(2.97)	15.71
NTDOY	1.80	0.24	0.09	0.65	1.69	(2.29)	4.10	(3.73)	11.08
EA	0.99	(0.02)	(0.06)	0.10	1.23	(0.96)	2.41	(2.52)	6.88
RBLX	1.64	1.14	0.59	2.44	0.74	(2.18)	4.80	(2.48)	11.70
PARA	1.01	0.26	0.13	1.00	1.02	(1.12)	2.24	(1.90)	5.82
ASML	1.49	(0.01)	0.01	0.13	2.24	(1.52)	3.32	(2.42)	14.56

Sony Group Corporate Management

Fumiaki Sakai	Head System	Profile
Keiichiro Shimada	SVP Exec	Profile
Sakie Akiyama	Independent Director	Profile
Adam Crozier	Independent Director	Profile
Kazuo Matsunaga	Vice Chairman of the Executive Board, Independent Director	Profile

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