Armlogi Holding Correlations
| BTOC Stock | 5.90 0.14 2.32% |
The current 90-days correlation between Armlogi Holding Corp and Drilling Tools International is 0.03 (i.e., Significant diversification). The correlation of Armlogi Holding 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.
Armlogi Holding Correlation With Market
Average diversification
The correlation between Armlogi Holding 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 Armlogi Holding Corp and DJI in the same portfolio, assuming nothing else is changed.
Armlogi |
Moving together with Armlogi Stock
| 0.71 | GXO | GXO Logistics | PairCorr |
| 0.64 | JBHT | JB Hunt Transport Fiscal Year End 16th of January 2025 | PairCorr |
| 0.63 | RLGT | Radiant Logistics | PairCorr |
| 0.68 | B | Barnes Group | PairCorr |
| 0.66 | J | Jacobs Solutions | PairCorr |
| 0.79 | AZ | A2Z Smart Technologies | PairCorr |
Moving against Armlogi Stock
| 0.8 | PAL | Proficient Auto Logi | PairCorr |
| 0.54 | EXPD | Expeditors International | PairCorr |
| 0.43 | LSH | Lakeside Holding | PairCorr |
| 0.38 | PSIG | PS International | PairCorr |
| 0.5 | CYRX | Cryoport | PairCorr |
| 0.7 | CP | Canadian Pacific Railway | PairCorr |
| 0.68 | FA | First Advantage Corp | PairCorr |
| 0.36 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Related Correlations Analysis
| 0.07 | 0.15 | 0.03 | -0.35 | 0.0 | 0.13 | ADI | ||
| 0.07 | 0.51 | -0.53 | -0.41 | 0.0 | -0.45 | WNW | ||
| 0.15 | 0.51 | -0.66 | -0.7 | 0.0 | -0.48 | DTI | ||
| 0.03 | -0.53 | -0.66 | 0.74 | 0.0 | 0.52 | AKTAF | ||
| -0.35 | -0.41 | -0.7 | 0.74 | 0.0 | 0.52 | TS | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | IRIG | ||
| 0.13 | -0.45 | -0.48 | 0.52 | 0.52 | 0.0 | TBBB | ||
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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 Armlogi Stock performing well and Armlogi Holding 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 Armlogi Holding'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ADI | 1.58 | (0.20) | 0.00 | (0.05) | 0.00 | 2.90 | 9.39 | |||
| WNW | 2.62 | (0.02) | (0.01) | 0.05 | 2.89 | 6.25 | 29.28 | |||
| DTI | 2.16 | (0.38) | 0.00 | (0.12) | 0.00 | 4.91 | 18.51 | |||
| AKTAF | 1.88 | 0.19 | 0.02 | (0.58) | 2.28 | 4.42 | 14.88 | |||
| TS | 1.15 | 0.36 | 0.27 | 0.35 | 0.79 | 2.46 | 11.16 | |||
| IRIG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TBBB | 1.91 | 0.22 | 0.09 | 0.33 | 2.07 | 4.45 | 15.41 |
Armlogi Holding Corporate Executives
Elected by the shareholders, the Armlogi Holding's board of directors comprises two types of representatives: Armlogi Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Armlogi. The board's role is to monitor Armlogi Holding's management team and ensure that shareholders' interests are well served. Armlogi Holding'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, Armlogi Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.