AMTD IDEA Correlations
| AMTD Stock | USD 1.02 0.02 2.00% |
The current 90-days correlation between AMTD IDEA Group and Beneficient Class A is 0.05 (i.e., Significant diversification). The correlation of AMTD IDEA 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.
AMTD IDEA Correlation With Market
Good diversification
The correlation between AMTD IDEA Group and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AMTD IDEA Group and DJI in the same portfolio, assuming nothing else is changed.
Moving against AMTD Stock
| 0.39 | FT | Franklin Universal Closed | PairCorr |
| 0.53 | IPX | Impax Asset Management | PairCorr |
| 0.43 | SSSS-P | Shooting Star Acquisition | PairCorr |
| 0.32 | MEC | Morphic Ethical Equities | PairCorr |
| 0.38 | KUB1 | Konsortium AG | PairCorr |
Related Correlations Analysis
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
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Risk-Adjusted Indicators
There is a big difference between AMTD Stock performing well and AMTD IDEA 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 AMTD IDEA'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BENF | 7.96 | 0.52 | 0.04 | (1.61) | 9.83 | 20.98 | 67.73 | |||
| SZZLR | 6.44 | 0.75 | 0.08 | 0.79 | 6.32 | 25.00 | 53.33 | |||
| ETHZ | 5.26 | (2.21) | 0.00 | (1.35) | 0.00 | 6.48 | 28.54 | |||
| IPOD | 0.11 | 0.01 | (0.13) | (0.20) | 0.05 | 0.39 | 0.98 | |||
| SHFS | 5.41 | (1.04) | 0.00 | (1.90) | 0.00 | 12.50 | 30.12 | |||
| IMSRW | 8.38 | (0.47) | 0.00 | (0.03) | 0.00 | 20.51 | 60.52 | |||
| LPAAW | 7.89 | (0.52) | 0.00 | (0.99) | 0.00 | 18.18 | 73.57 | |||
| ZBAI | 4.81 | (0.36) | 0.00 | (0.15) | 0.00 | 13.66 | 36.02 | |||
| LWAC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
AMTD IDEA Corporate Management
| Derek Chung | Chief MD | Profile | |
| Benjamin Eymere | Chief Officer | Profile | |
| Lawrence Lee | Chief Officer | Profile | |
| Chun Tsang | Chief Officer | Profile | |
| William Fung | Chief Officer | Profile | |
| Ming Cheung | Head Markets | Profile | |
| Ho Zee | CoChief Officer | Profile |