Treasure Global Correlations

TGL Stock  USD 1.09  0.02  1.87%   
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Treasure Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Treasure Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Treasure Global Correlation With Market

Modest diversification

The correlation between Treasure Global 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 Treasure Global and DJI in the same portfolio, assuming nothing else is changed.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Treasure Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Treasure Stock please use our How to buy in Treasure Stock guide.

Moving together with Treasure Stock

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Moving against Treasure Stock

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Related Correlations Analysis

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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   
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ILAGSURG
SBIGQXO
  
High negative correlations   
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JZILAG
JZMEGL
JZSURG
MEGLSURG
JZFRZA

Risk-Adjusted Indicators

There is a big difference between Treasure Stock performing well and Treasure Global 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 Treasure Global'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.

Treasure Global Corporate Management

Voon HooChairman MDProfile
Yee ChanChief OfficerProfile
Chen SamChief OfficerProfile
Ching ChaiChief OfficerProfile
See ChanChief OfficialProfile