Zhibao Technology Correlations
| ZBAO Stock | 1.02 0.01 0.99% |
The current 90-days correlation between Zhibao Technology Class and Canlan Ice Sports is -0.02 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zhibao Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zhibao Technology Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Zhibao Technology Correlation With Market
Modest diversification
The correlation between Zhibao Technology Class and DJI is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Zhibao Technology Class and DJI in the same portfolio, assuming nothing else is changed.
Moving against Zhibao Stock
| 0.56 | BK | Bank of New York | PairCorr |
| 0.55 | DHIL | Diamond Hill Investment | PairCorr |
| 0.54 | C | Citigroup Aggressive Push | PairCorr |
| 0.51 | L | Loews Corp | PairCorr |
| 0.49 | AX | Axos Financial | PairCorr |
| 0.49 | BN | Brookfield Corp | PairCorr |
| 0.48 | TWFG | TWFG, Class A | PairCorr |
| 0.44 | RELI | Reliance Global Group | PairCorr |
| 0.44 | AIFU | Fanhua Inc Symbol Change | PairCorr |
| 0.44 | AC | Associated Capital | PairCorr |
| 0.37 | AB | AllianceBernstein Earnings Call This Week | PairCorr |
| 0.63 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.59 | CM | Canadian Imperial Bank | PairCorr |
| 0.59 | RY | Royal Bank | PairCorr |
| 0.58 | HG | Hamilton Insurance Group, | PairCorr |
| 0.58 | IX | Orix Corp Ads | PairCorr |
| 0.56 | GS | Goldman Sachs Group | PairCorr |
| 0.56 | MS | Morgan Stanley Sell-off Trend | PairCorr |
| 0.52 | CG | Carlyle Group Earnings Call This Week | PairCorr |
| 0.51 | RF | Regions Financial Buyout Trend | PairCorr |
| 0.48 | DB | Deutsche Bank AG Earnings Call This Week | PairCorr |
| 0.45 | MC | Moelis Earnings Call This Week | PairCorr |
| 0.44 | QD | Qudian Inc | PairCorr |
Related Correlations Analysis
| 0.47 | 0.58 | 0.86 | 0.89 | 0.84 | 0.51 | SONO | ||
| 0.47 | 0.62 | 0.27 | 0.69 | 0.62 | 0.49 | CNLFF | ||
| 0.58 | 0.62 | 0.34 | 0.63 | 0.47 | 0.12 | MPX | ||
| 0.86 | 0.27 | 0.34 | 0.82 | 0.84 | 0.49 | FDVA | ||
| 0.89 | 0.69 | 0.63 | 0.82 | 0.93 | 0.55 | APAM | ||
| 0.84 | 0.62 | 0.47 | 0.84 | 0.93 | 0.66 | NDAQ | ||
| 0.51 | 0.49 | 0.12 | 0.49 | 0.55 | 0.66 | JUVF | ||
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Risk-Adjusted Indicators
There is a big difference between Zhibao Stock performing well and Zhibao Technology 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 Zhibao Technology'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SONO | 2.27 | 0.48 | 0.14 | (5.59) | 2.14 | 6.00 | 15.71 | |||
| CNLFF | 0.02 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.68 | |||
| MPX | 1.61 | (0.05) | (0.03) | 0.07 | 1.96 | 3.39 | 11.13 | |||
| FDVA | 0.50 | 0.18 | 0.12 | 0.93 | 0.00 | 1.94 | 6.30 | |||
| APAM | 1.32 | 0.46 | 0.22 | (4.70) | 1.10 | 3.48 | 7.64 | |||
| NDAQ | 0.74 | 0.20 | 0.16 | 0.38 | 0.69 | 1.91 | 5.03 | |||
| JUVF | 1.12 | 0.13 | 0.00 | 2.87 | 1.29 | 2.76 | 11.79 |
Zhibao Technology Corporate Executives
Elected by the shareholders, the Zhibao Technology's board of directors comprises two types of representatives: Zhibao Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Zhibao. The board's role is to monitor Zhibao Technology's management team and ensure that shareholders' interests are well served. Zhibao Technology'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, Zhibao Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.