Interactive Strength Correlations

Stocks . USA . 
Stock . Interactive Strength Common
TRNR Stock   1.54  0.02  1.28%   
The current 90-days correlation between Interactive Strength and Nike Inc is 0.21 (i.e., Modest diversification). The correlation of Interactive Strength 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.

Interactive Strength Correlation With Market

Weak diversification

The correlation between Interactive Strength Common and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Interactive Strength Common and DJI in the same portfolio, assuming nothing else is changed.
  
Build AI portfolio with Interactive Stock
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Interactive Strength Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with Interactive Stock

  0.62CMG Chipotle Mexican Grill Aggressive PushPairCorr
  0.83GMR Gaming Realms plcPairCorr
  0.75WEN The WendysPairCorr
  0.69VVA Viva LeisurePairCorr
  0.79FLTR Flutter Entertainment PLCPairCorr
  0.91ALL Aristocrat LeisurePairCorr
  0.68PTEC Playtech PlcPairCorr
  0.81SHAK Shake ShackPairCorr

Moving against Interactive Stock

  0.85YUMC Yum China HoldingsPairCorr
  0.73RFG Retail Food GroupPairCorr
  0.73QSR Restaurant BrandsPairCorr
  0.69BOWL Hollywood Bowl GroupPairCorr
  0.67MCD McDonaldsPairCorr
  0.64VARE Various Eateries PLCPairCorr
  0.64BROS Dutch BrosPairCorr
  0.4CNC Concurrent TechnologiesPairCorr
  0.37SBUX Starbucks Aggressive PushPairCorr
  0.92JBHT JB Hunt TransportPairCorr
  0.9NHIC NewHold Investment CorpPairCorr
  0.89DRXGF Drax Group plcPairCorr
  0.86PPERY Bank Mandiri Persero Normal TradingPairCorr
  0.86COPL Copley Acquisition CorpPairCorr
  0.85AAPL Apple IncPairCorr
  0.82HVT Heavitree BreweryPairCorr
  0.79MTC MMTEC Inc Tech BoostPairCorr
  0.79GKOS Glaukos CorpPairCorr
  0.76SHG Shinhan FinancialPairCorr
  0.68PPERF Bank Mandiri PerseroPairCorr
  0.68PBCRY Bank Central AsiaPairCorr
  0.59PBCRF PT Bank CentralPairCorr
  0.53KB KB Financial GroupPairCorr
  0.34YNGN Young Cos BreweryPairCorr

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

CMG
+ 0.89
RCL
RCL
+ 0.86
NKE
CMG
+ 0.81
NKE
RACE
+ 0.81
SE
RCL
+ 0.79
SE
MELI
+ 0.76
SE
  

High negative correlations

MAR
- 0.84
SE
MAR
- 0.68
RCL
MELI
- 0.67
MAR
CMG
- 0.59
MAR
MAR
- 0.56
RACE
MAR
- 0.47
NKE

Risk-Adjusted Indicators

There is a big difference between Interactive Stock performing well and Interactive Strength 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 Interactive Strength'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
NKE  1.49 (0.20) 0.00 (0.10) 0.00 
 0.00 
 3.30 
(3.18)
 10.58 
SE  2.05 (0.68) 0.00 (0.70) 0.00 
 0.00 
 3.52 
(4.78)
 12.26 
ABNB  1.13  0.07  0.05  0.12  1.31 
(1.15)
 2.77 
(1.86)
 7.01 
ORLY  1.01 (0.21) 0.00 (1.63) 0.00 
 0.00 
 2.20 
(2.35)
 6.37 
RCL  1.75 (0.24) 0.00 (0.10) 0.00 
 0.00 
 4.50 
(4.07)
 13.13 
RACE  1.62 (0.39) 0.00 (0.31) 0.00 
 0.00 
 2.38 
(2.95)
 17.91 
MAR  1.26  0.19  0.14  0.25  1.14 
(1.42)
 3.31 
(2.23)
 8.24 
MELI  2.01 (0.38) 0.00 (0.20) 0.00 
 0.00 
 3.20 
(6.57)
 14.15 
CMG  1.74 (0.12) 0.00 (0.03) 0.00 
 0.00 
 3.76 
(2.62)
 21.88 
CVNA  3.10  0.26  0.07  0.16  4.06 
(3.14)
 6.33 
(6.78)
 20.14 

Interactive Strength Corporate Executives

Elected by the shareholders, the Interactive Strength's board of directors comprises two types of representatives: Interactive Strength inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Interactive. The board's role is to monitor Interactive Strength's management team and ensure that shareholders' interests are well served. Interactive Strength's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Interactive Strength's outside directors are responsible for providing unbiased perspectives on the board's policies.
Trent WardChairperson, CoFounderProfile
Caleb CFACFO OfficerProfile
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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY