Applied UV Correlations
| AUVIDelisted Stock | USD 0.01 0.00 0.00% |
The current 90-days correlation between Applied UV and Applied UV Preferred is 0.19 (i.e., Average diversification). The correlation of Applied UV 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.
Applied UV Correlation With Market
Average diversification
The correlation between Applied UV and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Applied UV and DJI in the same portfolio, assuming nothing else is changed.
Applied |
Moving together with Applied Stock
| 0.65 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.68 | PBCRF | PT Bank Central | PairCorr |
| 0.63 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.68 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.89 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.94 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.8 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
Moving against Applied Stock
| 0.84 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.81 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.8 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.78 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.78 | WMT | Walmart | PairCorr |
| 0.69 | GOOGL | Alphabet Class A Aggressive Push | PairCorr |
| 0.42 | MSFT | Microsoft | PairCorr |
| 0.38 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | 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
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Risk-Adjusted Indicators
There is a big difference between Applied Stock performing well and Applied UV 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 Applied UV'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FGI | 3.76 | 0.24 | 0.04 | (0.16) | 4.88 | 10.00 | 30.24 | |||
| AUVIP | 18.21 | (2.18) | 0.00 | 3.04 | 0.00 | 60.00 | 205.33 | |||
| ATER | 2.50 | (0.08) | 0.00 | (0.17) | 0.00 | 5.94 | 14.22 | |||
| EFOI | 3.46 | 0.22 | 0.05 | (0.86) | 3.92 | 8.59 | 28.55 | |||
| MBC | 1.47 | (0.33) | 0.00 | (1.00) | 0.00 | 3.01 | 11.57 | |||
| MLKN | 1.51 | (0.13) | 0.00 | 2.11 | 0.00 | 2.98 | 10.14 | |||
| HOFT | 2.55 | (0.35) | 0.00 | (0.57) | 0.00 | 5.45 | 16.19 | |||
| LZB | 1.15 | 0.05 | 0.03 | 0.89 | 1.43 | 2.07 | 7.54 | |||
| BSET | 1.41 | (0.02) | 0.00 | 3.22 | 0.00 | 2.46 | 10.05 |
Applied UV Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Applied UV stock to make a market-neutral strategy. Peer analysis of Applied UV could also be used in its relative valuation, which is a method of valuing Applied UV by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Applied UV Corporate Management
| Max Munn | Pres Founder | Profile | |
| John III | VP Operations | Profile | |
| John Andrews | CEO Director | Profile | |
| Michael CPA | Chief Officer | Profile | |
| Rhonda Wallen | VP Devel | Profile |
Still Interested in Applied UV?
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