YXTCOM GROUP Correlations
| YXT Stock | 0.90 0.01 1.43% |
The current 90-days correlation between YXTCOM GROUP HOLDING and US Global Investors is -0.06 (i.e., Good diversification). The correlation of YXTCOM 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.
YXTCOM GROUP Correlation With Market
Average diversification
The correlation between YXTCOM GROUP HOLDING and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding YXTCOM GROUP HOLDING and DJI in the same portfolio, assuming nothing else is changed.
Moving together with YXTCOM Stock
| 0.68 | BV | BrightView Holdings | PairCorr |
| 0.68 | FA | First Advantage Corp | PairCorr |
| 0.69 | FC | Franklin Covey | PairCorr |
| 0.74 | LZ | LegalZoom | PairCorr |
| 0.7 | DLHC | DLH Holdings Corp | PairCorr |
| 0.65 | DXST | Decent Holding Ordinary | PairCorr |
| 0.63 | VLTO | Veralto | PairCorr |
| 0.67 | VRSK | Verisk Analytics | PairCorr |
| 0.64 | VSEC | VSE Corporation | PairCorr |
| 0.66 | HNI | HNI Corp | PairCorr |
| 0.73 | KAR | KAR Auction Services | PairCorr |
| 0.7 | KFY | Korn Ferry | PairCorr |
| 0.7 | STN | Stantec | PairCorr |
Moving against YXTCOM Stock
| 0.75 | G | Genpact Limited | PairCorr |
| 0.75 | MG | Mistras Group | PairCorr |
| 0.68 | NL | NL Industries Downward Rally | PairCorr |
| 0.63 | VCIG | VCI Global Limited | PairCorr |
| 0.51 | VIRC | Virco Manufacturing | PairCorr |
| 0.51 | WFCF | Where Food Comes | PairCorr |
| 0.34 | DSS | DSS Inc | PairCorr |
| 0.64 | AQMS | Aqua Metals | PairCorr |
| 0.59 | CDTG | CDT Environmental | PairCorr |
Related Correlations Analysis
| 0.75 | 0.85 | 0.87 | 0.75 | 0.74 | 0.75 | GROW | ||
| 0.75 | 0.74 | 0.76 | 0.72 | 0.78 | 0.7 | LDI | ||
| 0.85 | 0.74 | 0.85 | 0.64 | 0.87 | 0.74 | TRTN-PC | ||
| 0.87 | 0.76 | 0.85 | 0.78 | 0.82 | 0.64 | FMCKO | ||
| 0.75 | 0.72 | 0.64 | 0.78 | 0.62 | 0.48 | PRG | ||
| 0.74 | 0.78 | 0.87 | 0.82 | 0.62 | 0.8 | INBX | ||
| 0.75 | 0.7 | 0.74 | 0.64 | 0.48 | 0.8 | ABOS | ||
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Risk-Adjusted Indicators
There is a big difference between YXTCOM Stock performing well and YXTCOM 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 YXTCOM 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GROW | 1.13 | 0.22 | 0.02 | 1.28 | 1.44 | 2.65 | 8.58 | |||
| LDI | 3.36 | 0.13 | 0.01 | 0.45 | 4.20 | 7.14 | 18.62 | |||
| TRTN-PC | 0.66 | 0.15 | (0.05) | 1.42 | 0.83 | 1.63 | 5.59 | |||
| FMCKO | 1.62 | 0.58 | 0.17 | 7.72 | 0.89 | 4.49 | 15.56 | |||
| PRG | 1.75 | (0.02) | 0.03 | 0.22 | 2.17 | 3.97 | 18.86 | |||
| INBX | 3.20 | 0.81 | 0.20 | 1.38 | 3.17 | 7.99 | 16.42 | |||
| ABOS | 4.02 | 0.32 | 0.07 | 0.55 | 3.88 | 8.82 | 25.32 |
YXTCOM GROUP Corporate Executives
Elected by the shareholders, the YXTCOM GROUP's board of directors comprises two types of representatives: YXTCOM GROUP inside directors who are chosen from within the company, and outside directors, selected externally and held independent of YXTCOM. The board's role is to monitor YXTCOM GROUP's management team and ensure that shareholders' interests are well served. YXTCOM GROUP'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, YXTCOM GROUP's outside directors are responsible for providing unbiased perspectives on the board's policies.