| COE Stock | | | USD 15.31 0.18 1.16% |
The current 90-days correlation between 51Talk Online Education and Jianzhi Education Technology is 0.06 (i.e., Significant diversification). The correlation of 51Talk Online 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.
51Talk Online Correlation With Market
Significant diversification
The correlation between 51Talk Online Education and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 51Talk Online Education and DJI in the same portfolio, assuming nothing else is changed.
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Moving against 51Talk Stock
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 |
Risk-Adjusted IndicatorsThere is a big difference between 51Talk Stock performing well and 51Talk Online 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 51Talk Online'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.
51Talk Online Corporate Executives
Elected by the shareholders, the 51Talk Online's board of directors comprises two types of representatives: 51Talk Online inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 51Talk. The board's role is to monitor 51Talk Online's management team and ensure that shareholders' interests are well served. 51Talk Online'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, 51Talk Online's outside directors are responsible for providing unbiased perspectives on the board's policies.