China Minsh Correlations
| CMAKY Stock | USD 3.99 0.10 2.57% |
The correlation of China Minsh 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.
China Minsh Correlation With Market
Good diversification
The correlation between China Minsh and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding China Minsh and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to China Minsh could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Minsh when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Minsh - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Minsh to buy it.
Moving together with China Pink Sheet
| 0.86 | CIHKY | China Merchants Bank | PairCorr |
| 0.7 | CIHHF | China Merchants Bank | PairCorr |
| 0.73 | USB-PH | US Bancorp | PairCorr |
| 0.71 | NVDA | NVIDIA | PairCorr |
| 0.65 | CRWD | Crowdstrike Holdings Earnings Call This Week | PairCorr |
| 0.65 | APLD | Applied Blockchain Trending | PairCorr |
| 0.62 | ADSK | Autodesk | PairCorr |
| 0.73 | STLD | Steel Dynamics Fiscal Year End 28th of January 2025 | PairCorr |
Moving against China Pink Sheet
| 0.8 | BBAS3 | Banco do Brasil | PairCorr |
| 0.43 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.41 | BNPQY | BNP Paribas SA | PairCorr |
| 0.63 | AMIX | Autonomix Medical, Common | PairCorr |
| 0.5 | AFFL | Affiliated Resources Corp | PairCorr |
| 0.41 | EATBF | Eat Beyond Global | PairCorr |
Related Correlations Analysis
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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 China Pink Sheet performing well and China Minsh 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 China Minsh'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HWC | 1.60 | 0.00 | 0.11 | 0.12 | 1.35 | 2.94 | 19.74 | |||
| FHB | 1.35 | 0.05 | 0.11 | 0.15 | 1.39 | 2.82 | 16.01 | |||
| PACW | 7.45 | 1.25 | 0.06 | (0.25) | 11.32 | 17.58 | 104.70 | |||
| DBSDF | 3.71 | 0.27 | 0.03 | 1.13 | 4.70 | 7.85 | 19.99 | |||
| UOVEY | 0.79 | 0.18 | 0.11 | 0.53 | 0.64 | 2.14 | 8.73 | |||
| KBCSY | 1.04 | (0.13) | 0.00 | (0.28) | 0.00 | 2.22 | 5.93 | |||
| OVCHY | 1.42 | 0.15 | 0.03 | 0.84 | 1.64 | 3.40 | 9.12 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in China Minsh without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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China Minsh Corporate Management
| Yingxin Gao | Ex Chairman | Profile | |
| Jie Shi | Deputy Head of the Bank | Profile | |
| Yunshan Lin | Deputy Head of the Bank | Profile | |
| Qiong Chen | Ex VP | Profile | |
| Yuebo Zhang | Chief Audit Officer | Profile |