TCTM Kids Correlations

VSA Stock

1.02 0.01 0.97%

The current 90-days correlation between TCTM Kids IT and Ihuman Inc is 0.18 (i.e., Average diversification). The correlation of TCTM Kids 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.

TCTM Kids Correlation With Market

Significant diversification

The correlation between TCTM Kids IT and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TCTM Kids IT and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with TCTM Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TCTM Kids IT. 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 TCTM Stock

0.77	IH	Ihuman Inc	Pair Corr
0.68	FEDU	Four Seasons Education	Pair Corr
0.83	COE	51Talk Online Education Downward Rally	Pair Corr
0.7	QSG	QuantaSing Group Downward Rally	Pair Corr
0.67	STG	Sunlands Technology Downward Rally	Pair Corr
0.62	TAL	TAL Education Group	Pair Corr
0.83	UTI	Universal Technical	Pair Corr
0.76	GOTU	Gaotu Techedu DRC	Pair Corr
0.74	LGCY	Legacy Education	Pair Corr
0.92	LINC	Lincoln Educational	Pair Corr
0.74	MYND	Myndai,	Pair Corr
0.7	PRDO	Perdoceo Education Corp	Pair Corr
0.64	APEI	American Public Education	Pair Corr
0.78	ATGE	Adtalem Global Education	Pair Corr
0.93	CHGG	Chegg Inc	Pair Corr

Moving against TCTM Stock

0.83	EEIQ	Elite Education Group Earnings Call This Week	Pair Corr
0.72	JZ	Jianzhi Education Tech Boost	Pair Corr
0.66	EDTK	Skillful Craftsman	Pair Corr
0.57	VSTA	Vasta Platform	Pair Corr
0.46	GV	Visionary Education	Pair Corr
0.69	AACG	ATA Creativity Global	Pair Corr
0.62	LXEH	Lixiang Education Holding	Pair Corr
0.35	SKIL	Skillsoft Corp	Pair Corr
0.32	GSUN	Golden Sun Education	Pair Corr

Related Correlations Analysis

	GV	IH	YQ	VSTA	EDTK	EEIQ	WAFU	FEDU	COE	DAO
GV		-0.31	0.1	0.08	0.41	0.57	-0.06	0.22	-0.25	-0.29	GV
IH	-0.31		0.76	-0.62	-0.61	-0.71	0.4	0.7	0.62	0.85	IH
YQ	0.1	0.76		-0.41	-0.42	-0.51	0.23	0.75	0.61	0.6	YQ
VSTA	0.08	-0.62	-0.41		0.43	0.3	-0.52	-0.46	-0.41	-0.54	VSTA
EDTK	0.41	-0.61	-0.42	0.43		0.49	-0.13	-0.48	-0.53	-0.39	EDTK
EEIQ	0.57	-0.71	-0.51	0.3	0.49		-0.06	-0.48	-0.77	-0.54	EEIQ
WAFU	-0.06	0.4	0.23	-0.52	-0.13	-0.06		0.2	0.04	0.44	WAFU
FEDU	0.22	0.7	0.75	-0.46	-0.48	-0.48	0.2		0.68	0.49	FEDU
COE	-0.25	0.62	0.61	-0.41	-0.53	-0.77	0.04	0.68		0.28	COE
DAO	-0.29	0.85	0.6	-0.54	-0.39	-0.54	0.44	0.49	0.28		DAO
	GV	IH	YQ	VSTA	EDTK	EEIQ	WAFU	FEDU	COE	DAO

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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

DAO	+ 0.85	IH
YQ	+ 0.76	IH
FEDU	+ 0.75	YQ
FEDU	+ 0.7	IH
COE	+ 0.68	FEDU
COE	+ 0.62	IH

High negative correlations

COE	- 0.77	EEIQ
EEIQ	- 0.71	IH
VSTA	- 0.62	IH
EDTK	- 0.61	IH
DAO	- 0.54	EEIQ
DAO	- 0.54	VSTA

Risk-Adjusted Indicators

There is a big difference between TCTM Stock performing well and TCTM Kids 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 TCTM Kids' 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
GV	3.77	(0.85)	0.00	5.60	0.00	0.00	6.18	(10.11)	24.02
IH	2.63	0.25	0.04	1.77	3.61	(2.90)	5.68	(6.99)	14.17
YQ	4.41	0.63	0.13	0.65	4.82	(5.08)	9.69	(6.51)	37.06
VSTA	2.33	(0.08)	(0.01)	0.04	3.82	(2.48)	3.90	(4.93)	35.94
EDTK	2.66	(0.13)	0.00	(0.65)	0.00	0.00	5.56	(6.32)	19.32
EEIQ	3.64	(0.45)	0.00	2.46	0.00	0.00	7.94	(8.82)	36.39
WAFU	2.51	(0.07)	(0.03)	0.01	2.58	(3.50)	4.96	(4.14)	15.73
FEDU	2.88	0.47	0.05	0.46	6.30	(3.48)	6.76	(4.81)	35.54
COE	3.12	0.63	0.11	6.00	4.03	(3.39)	8.67	(7.55)	24.60
DAO	2.18	0.10	(0.01)	(0.51)	2.92	(2.21)	5.55	(4.80)	13.25

TCTM Kids Corporate Executives

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

Shaoyun Han

Founder Board

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