Sonida Senior Correlations
SNDA Stock | USD 27.60 0.48 1.71% |
The current 90-days correlation between Sonida Senior Living and Pennant Group is 0.25 (i.e., Modest diversification). The correlation of Sonida Senior 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.
Sonida Senior Correlation With Market
Modest diversification
The correlation between Sonida Senior Living and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sonida Senior Living and DJI in the same portfolio, assuming nothing else is changed.
Sonida |
Moving together with Sonida Stock
Moving against Sonida Stock
0.59 | VTAK | Catheter Precision | PairCorr |
0.46 | VERO | Venus Concept | PairCorr |
0.43 | WORX | Scworx Corp | PairCorr |
0.49 | XAIR | Beyond Air | 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
|
Risk-Adjusted Indicators
There is a big difference between Sonida Stock performing well and Sonida Senior 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 Sonida Senior'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
SEM | 1.41 | (0.05) | 0.01 | 0.08 | 2.83 | 3.43 | 16.41 | |||
EHC | 0.99 | 0.09 | 0.02 | 0.26 | 1.44 | 1.93 | 8.07 | |||
PNTG | 1.78 | 0.48 | 0.25 | 0.51 | 1.48 | 4.92 | 9.59 | |||
INNV | 3.02 | 0.54 | 0.13 | 0.37 | 4.36 | 7.18 | 24.11 | |||
ACHC | 1.78 | 0.31 | 0.16 | 0.69 | 1.38 | 4.60 | 16.57 | |||
SGRY | 2.93 | 0.15 | 0.08 | 0.20 | 2.51 | 6.99 | 21.16 | |||
ENSG | 1.08 | 0.29 | 0.23 | 0.42 | 0.74 | 2.81 | 8.09 | |||
HCSG | 1.63 | (0.13) | (0.03) | 0.03 | 2.21 | 3.41 | 11.89 | |||
ADUS | 1.16 | 0.18 | 0.11 | 0.32 | 1.29 | 2.15 | 7.60 |
Sonida Senior Corporate Management
Tabitha Obenour | VP Officer | Profile | |
Elliot Zibel | Independent Director | Profile | |
David Brickman | Senior Vice President General Counsel, Secretary | Profile | |
Brandon CPA | CEO and President | Profile | |
Noah Beren | Independent Chairman of the Board | Profile | |
Tiffany Dutton | Senior Vice President - Finance and Accounting | Profile | |
Linda Zimmerman | Corporate Controller | Profile |