USI Corp Correlations
| 1304 Stock | TWD 13.25 0.10 0.75% |
The current 90-days correlation between USI Corp and Asia Polymer Corp is 0.62 (i.e., Poor diversification). The correlation of USI Corp 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. If the correlation is 0, the equities are not correlated; they are entirely random.
USI Corp Correlation With Market
Average diversification
The correlation between USI Corp and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding USI Corp and DJI in the same portfolio, assuming nothing else is changed.
USI |
The ability to find closely correlated positions to USI Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace USI Corp 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 USI Corp - 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 USI Corp to buy it.
Moving together with USI Stock
| 0.64 | 9962 | Yeou Yih Steel | PairCorr |
| 0.82 | 1303 | Nan Ya Plastics | PairCorr |
| 0.66 | 0051 | YuantaP shares Taiwan | PairCorr |
Moving against USI Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between USI Stock performing well and USI Corp 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 USI Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 1308 | 1.70 | (0.11) | 0.00 | (0.02) | 0.00 | 5.17 | 15.86 | |||
| 1310 | 0.80 | (0.20) | 0.00 | (0.91) | 0.00 | 1.29 | 7.35 | |||
| 1313 | 1.16 | (0.16) | 0.00 | (1.18) | 0.00 | 2.25 | 11.86 | |||
| 1314 | 1.30 | (0.32) | 0.00 | (0.96) | 0.00 | 2.46 | 9.38 | |||
| 1312 | 1.08 | (0.22) | 0.00 | (0.97) | 0.00 | 2.33 | 9.88 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in USI Corp 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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USI Corp Corporate Management
Elected by the shareholders, the USI Corp's board of directors comprises two types of representatives: USI Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of USI. The board's role is to monitor USI Corp's management team and ensure that shareholders' interests are well served. USI Corp'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, USI Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lin Gan | Accounting Supervisor | Profile | |
| MingTsung Wu | Sr Division | Profile | |
| Wenli Yang | Head of Finance | Profile | |
| Keshun Wang | Deputy General Manager | Profile | |
| HunYeu Lai | Chief Officer | Profile | |
| PeiChi Wu | President | Profile |