Yoma Strategic Related Correlations

YMAIF Stock

USD 0.03 0.00 0.00%

Generate correlation matrix for Yoma Strategic and other related equities to check the degree to which Yoma Strategic Holdings price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Yoma Strategic Holdings. To filter out specific equities, please toggle its corresponding legend item. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yoma Strategic Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Specify up to 10 symbols:

Please note, there is a significant difference between Yoma Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yoma Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yoma Strategic'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.

Correlations

	DMCHY	SGHIF	TINLY	HLMAF	KPELY	AYALY	CKHUY	EFSH	MMM	BLJZY
DMCHY		-0.29	0.46	0.37	0.04	0.08	-0.54	0.03	0.75	0.0	DMCHY
SGHIF	-0.29		-0.13	-0.27	0.14	-0.03	0.23	-0.07	-0.28	0.0	SGHIF
TINLY	0.46	-0.13		-0.41	-0.43	0.01	-0.73	-0.45	0.74	0.0	TINLY
HLMAF	0.37	-0.27	-0.41		0.43	-0.02	0.12	0.37	0.07	0.0	HLMAF
KPELY	0.04	0.14	-0.43	0.43		0.17	0.55	0.06	-0.22	0.0	KPELY
AYALY	0.08	-0.03	0.01	-0.02	0.17		0.11	-0.21	0.05	0.0	AYALY
CKHUY	-0.54	0.23	-0.73	0.12	0.55	0.11		0.08	-0.77	0.0	CKHUY
EFSH	0.03	-0.07	-0.45	0.37	0.06	-0.21	0.08		-0.18	0.0	EFSH
MMM	0.75	-0.28	0.74	0.07	-0.22	0.05	-0.77	-0.18		0.0	MMM
BLJZY	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		BLJZY
	DMCHY	SGHIF	TINLY	HLMAF	KPELY	AYALY	CKHUY	EFSH	MMM	BLJZY

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

MMM	+ 0.75	DMCHY
MMM	+ 0.74	TINLY
CKHUY	+ 0.55	KPELY
TINLY	+ 0.46	DMCHY
KPELY	+ 0.43	HLMAF
HLMAF	+ 0.37	DMCHY

High negative correlations

MMM	- 0.77	CKHUY
CKHUY	- 0.73	TINLY
CKHUY	- 0.54	DMCHY
EFSH	- 0.45	TINLY
KPELY	- 0.43	TINLY
HLMAF	- 0.41	TINLY

Risk-Adjusted Indicators

There is a big difference between Yoma Pink Sheet performing well and Yoma Strategic 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 Yoma Strategic'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
DMCHY	2.42	0.45	0.03	1.41	3.32	(10.47)	5.37	(5.96)	43.95
SGHIF	0.32	0.04	0.00	(0.04)	0.00	0.00	0.00	0.00	14.04
TINLY	1.21	0.20	0.03	(0.43)	1.41	(3.24)	3.54	(3.32)	12.38
HLMAF	1.25	(0.13)	0.00	(0.03)	0.00	0.00	2.78	(2.40)	7.57
KPELY	0.99	0.01	(0.03)	0.11	1.31	(1.60)	2.61	(3.14)	8.48
AYALY	13.42	4.78	0.14	0.94	10.65	(74.36)	5.23	(8.01)	495.17
CKHUY	1.04	(0.09)	0.00	(0.05)	0.00	0.00	2.14	(1.89)	5.64
EFSH	10.14	1.64	0.11	11.52	12.69	(11.43)	27.34	(20.60)	88.97
MMM	1.31	(0.01)	0.00	0.06	2.30	(1.31)	2.93	(2.25)	11.03
BLJZY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

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

2024 Macroaxis LLC

Yoma Strategic Related Correlations

Specify up to 10 symbols:

Correlations

Correlation Matchups

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY