BTC Digital Correlations
| BTCT Stock | 1.17 0.02 1.68% |
The current 90-days correlation between BTC Digital and Jianzhi Education Technology is 0.11 (i.e., Average diversification). The correlation of BTC Digital 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.
BTC Digital Correlation With Market
Excellent diversification
The correlation between BTC Digital and DJI is -0.6 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BTC Digital and DJI in the same portfolio, assuming nothing else is changed.
Moving together with BTC Stock
Moving against BTC Stock
| 0.8 | OBYCF | Obayashi | PairCorr |
| 0.71 | TSM | Taiwan Semiconductor Aggressive Push | PairCorr |
| 0.67 | RILYL | B Riley Financial | PairCorr |
| 0.66 | NFG | National Fuel Gas | PairCorr |
| 0.66 | SECVY | Seche Environnement | PairCorr |
| 0.59 | BNKHF | BOC Hong Kong | PairCorr |
| 0.58 | INTC | Intel | PairCorr |
| 0.5 | AMKR | Amkor Technology Tech Boost | 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 BTC Stock performing well and BTC Digital 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 BTC Digital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IH | 2.07 | (0.29) | 0.00 | 0.38 | 0.00 | 5.19 | 12.79 | |||
| JZ | 3.64 | (0.31) | 0.00 | (2.12) | 0.00 | 9.43 | 45.07 | |||
| COOT | 4.53 | (1.30) | 0.00 | (0.65) | 0.00 | 7.94 | 38.16 | |||
| BOF | 3.24 | (0.05) | (0.01) | 0.05 | 3.72 | 7.29 | 19.04 | |||
| BTOG | 5.31 | (2.37) | 0.00 | (3.11) | 0.00 | 7.75 | 52.92 | |||
| EDTK | 2.02 | (0.20) | 0.00 | 2.10 | 0.00 | 4.12 | 12.61 | |||
| AACG | 4.05 | (0.28) | 0.00 | (0.44) | 0.00 | 8.89 | 26.35 | |||
| NCRA | 4.90 | (1.14) | 0.00 | (0.60) | 0.00 | 13.10 | 37.96 | |||
| JVA | 2.34 | (0.27) | 0.00 | (0.23) | 0.00 | 4.59 | 26.77 | |||
| BLNE | 5.36 | 0.56 | 0.11 | 0.34 | 5.67 | 13.82 | 33.35 |
BTC Digital Corporate Executives
Elected by the shareholders, the BTC Digital's board of directors comprises two types of representatives: BTC Digital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BTC. The board's role is to monitor BTC Digital's management team and ensure that shareholders' interests are well served. BTC Digital'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, BTC Digital's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Yupeng Guo | Acting Founder | Profile |