SohuCom Correlations

SOHU Stock  USD 16.40  0.08  0.49%   
The correlation of SohuCom 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 SohuCom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SohuCom 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.
Additionally, take a look at World Market Map.
  
The ability to find closely correlated positions to SohuCom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SohuCom 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 SohuCom - 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 SohuCom to buy it.

Moving together with SohuCom

+0.67AMXAmerica Movil SABPairCorr
+0.72ANGIANGI HomeservicesPairCorr

Related Correlations

AXP
FRZCF
MRK
OESX
FSRPF
VNJUX
AXP
0.260.09-0.10.80.5
AXP
FRZCF
0.260.880.590.120.79
FRZCF
MRK
0.090.880.560.040.79
MRK
OESX
-0.10.590.56-0.350.32
OESX
FSRPF
0.80.120.04-0.350.48
FSRPF
VNJUX
0.50.790.790.320.48
VNJUX
AXP
FRZCF
MRK
OESX
FSRPF
VNJUX
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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether 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   
MRKFRZCF
FSRPFAXP
VNJUXFRZCF
VNJUXMRK
OESXFRZCF
OESXMRK
  
High negative correlations   
FSRPFOESX
OESXAXP

Risk-Adjusted Indicators

Nowadays, there is a big difference between SohuCom Stock performing well and SohuCom company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze SohuCom's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SohuCom 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.

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SohuCom Corporate Directors

SohuCom corporate directors refer to members of a SohuCom board of directors. The board of directors generally takes responsibility for the SohuCom'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 SohuCom's board members must vote for the resolution. The SohuCom board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Daqing Qi - Independent DirectorProfile
Edward Roberts - Independent DirectorProfile
Shi Wang - Independent DirectorProfile
Charles Huang - Independent DirectorProfile

Invested in SohuCom?

The danger of trading SohuCom 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 SohuCom 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 SohuCom. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SohuCom 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.
Additionally, take a look at World Market Map. Note that the SohuCom information on this page should be used as a complementary analysis to other SohuCom's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

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Is SohuCom'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 SohuCom. If investors know SohuCom 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 SohuCom 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
(0.76) 
Market Capitalization
543.8 M
Quarterly Revenue Growth
(0.14) 
Return On Assets
0.0005
Return On Equity
(0.0056) 
The market value of SohuCom is measured differently than its book value, which is the value of SohuCom that is recorded on the company's balance sheet. Investors also form their own opinion of SohuCom's value that differs from its market value or its book value, called intrinsic value, which is SohuCom'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 SohuCom's market value can be influenced by many factors that don't directly affect SohuCom'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 SohuCom's value and its price as these two are different measures arrived at by different means. Investors typically determine SohuCom value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SohuCom'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.