Rose Hill Correlations

ROSE Stock  USD 11.85  0.15  1.25%   
The correlation of Rose Hill is a statistical measure of how it moves in relation to other equities. 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 Rose Hill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rose Hill Acquisition 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rose Hill Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in non-hispanic.
The ability to find closely correlated positions to Rose Hill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rose Hill 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 Rose Hill - 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 Rose Hill Acquisition to buy it.

Moving together with Rose Stock

+0.65ENCPEnergem Corp Report 21st of November 2023 PairCorr

Moving against Rose Stock

-0.67LULufax Holding Report 22nd of November 2023 PairCorr
-0.63RMRegional Management Corp Normal TradingPairCorr
-0.62JTJianpu Technology Report 1st of December 2023 PairCorr
-0.58LCLendingClub Corp Report 25th of October 2023 PairCorr
-0.53ECPGEncore Capital Group Report 1st of November 2023 PairCorr
-0.48DHILDiamond Hill Investment Earnings Call This WeekPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Rose Stock performing well and Rose Hill 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 Rose Hill'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationInformation RatioExpected ShortfallPotential UpsideValue At@RiskMaximum Drawdown
DIST 0.09  0.01  0.18 (0.56) 0.00  0.30 (0.21) 0.29 (0.10) 0.96 
DISA 0.39  0.08  0.00 (0.31) 0.00  0.12  0.00  0.67 (0.48) 7.46 
DB 1.19  0.16  0.06  0.07  1.81  0.08 (1.12) 2.60 (3.15) 8.10 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Rose Hill 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?

Run Watchlist Optimization Now


Watchlist Optimization

Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
All  Next Launch Module

Rose Hill Corporate Executives

Elected by the shareholders, the Rose Hill's board of directors comprises two types of representatives: Rose Hill inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rose. The board's role is to monitor Rose Hill's management team and ensure that shareholders' interests are well served. Rose Hill'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, Rose Hill's outside directors are responsible for providing unbiased perspectives on the board's policies.

Already Invested in Rose Hill Acquisition?

The danger of trading Rose Hill Acquisition 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 Rose Hill 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 Rose Hill. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Rose Hill Acquisition 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rose Hill Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in non-hispanic. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Rose Stock analysis

When running Rose Hill's price analysis, check to measure Rose Hill'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 Rose Hill is operating at the current time. Most of Rose Hill's value examination focuses on studying past and present price action to predict the probability of Rose Hill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rose Hill's price. Additionally, you may evaluate how the addition of Rose Hill to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Fundamental Analysis
View fundamental data based on most recent published financial statements
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Is Rose Hill'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 Rose Hill. If investors know Rose 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 Rose Hill 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
Earnings Share
Return On Assets
The market value of Rose Hill Acquisition is measured differently than its book value, which is the value of Rose that is recorded on the company's balance sheet. Investors also form their own opinion of Rose Hill's value that differs from its market value or its book value, called intrinsic value, which is Rose Hill'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 Rose Hill's market value can be influenced by many factors that don't directly affect Rose Hill'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 Rose Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rose Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rose Hill'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.