New York Correlations
| NYT Stock | USD 49.63 0.26 0.52% |
The correlation of New York 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New York moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New York Times moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Very weak diversification
The correlation between New York Times and NYA is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding New York Times and NYA in the same portfolio, assuming nothing else is changed.
New |
The ability to find closely correlated positions to New York could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New York when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New York - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New York Times to buy it.
Moving together with New Stock
Moving against New Stock
| 0.77 | BOC | Boston Omaha Corp | PairCorr |
| 0.76 | DIS | Walt Disney Financial Report 14th of August 2024 | PairCorr |
| 0.58 | DLPN | Dolphin Entertainment | PairCorr |
| 0.52 | DRCT | Direct Digital Holdings | PairCorr |
| 0.62 | HOFV | Hall of Fame | PairCorr |
| 0.51 | WMG | Warner Music Group Fiscal Year End 21st of November 2024 | PairCorr |
| 0.47 | CMCSA | Comcast Corp Financial Report 25th of July 2024 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between New Stock performing well and New York 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 New York'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MCS | 1.33 | (0.45) | 0.00 | 7.07 | 0.00 | 2.29 | 12.07 | |||
| FWONA | 1.06 | 0.09 | 0.06 | 0.19 | 1.19 | 2.16 | 7.20 | |||
| WMG | 1.44 | (0.22) | 0.00 | (0.37) | 0.00 | 2.78 | 14.41 | |||
| FOX | 0.92 | 0.17 | 0.13 | 0.25 | 0.96 | 2.05 | 5.51 | |||
| NWS | 0.87 | (0.03) | (0.02) | 0.00 | 1.14 | 1.86 | 4.56 | |||
| PARAA | 3.04 | 0.09 | 0.02 | 0.11 | 3.81 | 4.65 | 35.72 | |||
| FWONK | 0.98 | 0.07 | 0.04 | 0.25 | 1.05 | 2.13 | 6.73 | |||
| BATRA | 0.93 | (0.05) | 0.00 | (0.02) | 0.00 | 1.85 | 4.77 | |||
| BATRK | 0.93 | (0.03) | (0.03) | (0.01) | 1.16 | 1.84 | 5.30 | |||
| RDIB | 2.00 | 0.06 | 0.02 | 0.09 | 2.07 | 6.47 | 13.37 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in New York without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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New York Corporate Directors
New York corporate directors refer to members of a New York board of directors. The board of directors generally takes responsibility for the New York's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of New York's board members must vote for the resolution. The New York board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Arthur Golden | Non-Employee Director | Profile | |
| Brian McAndrews | Presiding Independent Director | Profile | |
| Hays Golden | Non-Employee Director | Profile | |
| John Rogers | Independent Director | Profile |
Already Invested in New York Times?
The danger of trading New York Times is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of New York is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than New York. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile New York Times is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether New York Times is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if New Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about New York Times Stock. Highlighted below are key reports to facilitate an investment decision about New York Times Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New York Times. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for New Stock analysis
When running New York's price analysis, check to measure New York's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New York is operating at the current time. Most of New York's value examination focuses on studying past and present price action to predict the probability of New York's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New York's price. Additionally, you may evaluate how the addition of New York to your portfolios can decrease your overall portfolio volatility.
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Is New York's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New York. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New York listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.846 | Dividend Share 0.46 | Earnings Share 1.51 | Revenue Per Share 14.778 | Quarterly Revenue Growth 0.061 |
The market value of New York Times is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New York's value that differs from its market value or its book value, called intrinsic value, which is New York's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New York's market value can be influenced by many factors that don't directly affect New York's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New York's value and its price as these two are different measures arrived at by different means. Investors typically determine if New York is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New York's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.