Beken Corp Correlations

603068 Stock   30.95  0.41  1.31%   
The current 90-days correlation between Beken Corp and Industrial and Commercial is -0.2 (i.e., Good diversification). The correlation of Beken 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.

Beken Corp Correlation With Market

Good diversification

The correlation between Beken Corp and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Beken Corp and DJI in the same portfolio, assuming nothing else is changed.
  
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Moving together with Beken Stock

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Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Beken Stock performing well and Beken 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 Beken 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
601398  1.14  0.30  0.21  2.87  1.01 
 2.83 
 8.14 
601939  1.14  0.31  0.18  1.75  1.15 
 3.32 
 8.64 
601288  1.06  0.25  0.14  1.64  1.12 
 2.98 
 7.78 
601988  1.02  0.25  0.18  1.43  0.93 
 2.67 
 7.70 
601857  1.32  0.21  0.08  7.11  1.80 
 3.55 
 17.17 
600036  1.59  0.39  0.17 (6.71) 1.72 
 4.65 
 13.83 
600938  1.40  0.19  0.07 (2.66) 1.89 
 3.83 
 16.49 
600941  1.07  0.21  0.16 (79.70) 0.94 
 3.09 
 8.38 
601328  1.34  0.27  0.16  4.25  1.22 
 3.26 
 10.82 
601658  1.39  0.32  0.17  1.81  1.31 
 3.49 
 9.13 

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Beken Corp Corporate Management

Elected by the shareholders, the Beken Corp's board of directors comprises two types of representatives: Beken Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Beken. The board's role is to monitor Beken Corp's management team and ensure that shareholders' interests are well served. Beken 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, Beken Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Weifeng WangDeputy ManagerProfile
Guo DaweiDeputy ManagerProfile
Hongzhen WangAccounting SupervisorProfile
Xiuhui XuFinancial ControllerProfile
Lili LiBoard SecretaryProfile