Eastern International Correlations

ELOG Stock

1.58 0.07 4.24%

The current 90-days correlation between Eastern International and Addentax Group Corp is 0.05 (i.e., Significant diversification). The correlation of Eastern International 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.

Eastern International Correlation With Market

Significant diversification

The correlation between Eastern International and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eastern International and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Eastern Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in Eastern Stock please use our How to Invest in Eastern International guide.

Moving against Eastern Stock

0.84	FDX	FedEx	Pair Corr
0.83	KHNGY	Kuehne Nagel Interna	Pair Corr
0.81	LNDNF	Lundin Energy AB	Pair Corr
0.8	EXPD	Expeditors International	Pair Corr
0.79	DPSTF	Deutsche Post AG	Pair Corr
0.79	DSDVY	DSV Panalpina AS	Pair Corr
0.78	DSDVF	DSV Panalpina AS	Pair Corr
0.78	ESP	Espey Mfg Electronics	Pair Corr
0.76	KHNGF	Kuehne Nagel Interna	Pair Corr
0.75	UPS	United Parcel Service Sell-off Trend	Pair Corr
0.72	GEHC	GE HealthCare Techno	Pair Corr
0.72	FCX	Freeport McMoran Copper Aggressive Push	Pair Corr
0.72	LPCN	Lipocine Upward Rally	Pair Corr
0.71	SUNFF	Sun Life Financial	Pair Corr
0.69	LASR	nLIGHT Inc Tech Boost	Pair Corr
0.69	THS	Treehouse Foods	Pair Corr
0.62	00184AAG0	AOL TIME WARNER	Pair Corr
0.6	KDP	Keurig Dr Pepper	Pair Corr
0.58	MU	Micron Technology Aggressive Push	Pair Corr
0.41	SHG	Shinhan Financial	Pair Corr
0.37	BZQIY	Bezeq Corp	Pair Corr
0.87	DLMAF	Dollarama	Pair Corr
0.86	VIK	Viking Holdings	Pair Corr
0.81	COCO	Vita Coco	Pair Corr
0.81	ITRG	Integra Resources Corp	Pair Corr
0.8	DHC	Diversified Healthcare	Pair Corr
0.76	ITPC	Intrepid Capital	Pair Corr
0.76	AKAAF	Aker ASA	Pair Corr
0.74	PILBF	Pilbara Minerals	Pair Corr
0.66	UAL	United Airlines Holdings	Pair Corr

Related Correlations Analysis

	ATXG	PMAX	IVDA	SGLY	CIGL	XPON	CLIK	SUNE	RAYA	UGRO
ATXG		0.43	0.76	0.76	0.69	0.83	0.72	0.69	0.63	0.8	ATXG
PMAX	0.43		0.48	0.05	0.36	0.49	0.19	0.53	0.24	0.36	PMAX
IVDA	0.76	0.48		0.64	0.79	0.76	0.55	0.63	0.41	0.66	IVDA
SGLY	0.76	0.05	0.64		0.59	0.69	0.71	0.44	0.58	0.62	SGLY
CIGL	0.69	0.36	0.79	0.59		0.76	0.65	0.66	0.26	0.64	CIGL
XPON	0.83	0.49	0.76	0.69	0.76		0.67	0.89	0.52	0.64	XPON
CLIK	0.72	0.19	0.55	0.71	0.65	0.67		0.54	0.54	0.67	CLIK
SUNE	0.69	0.53	0.63	0.44	0.66	0.89	0.54		0.34	0.53	SUNE
RAYA	0.63	0.24	0.41	0.58	0.26	0.52	0.54	0.34		0.66	RAYA
UGRO	0.8	0.36	0.66	0.62	0.64	0.64	0.67	0.53	0.66		UGRO
	ATXG	PMAX	IVDA	SGLY	CIGL	XPON	CLIK	SUNE	RAYA	UGRO

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between Eastern Stock performing well and Eastern International 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 Eastern International'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
ATXG	3.52	(1.13)	0.00	(3.15)	0.00	0.00	6.38	(7.35)	40.79
PMAX	6.68	0.25	0.07	0.11	7.10	(7.74)	25.55	(13.19)	64.52
IVDA	6.83	(0.57)	0.00	(0.12)	0.00	0.00	16.67	(13.46)	67.69
SGLY	4.91	(1.12)	0.00	(1.04)	0.00	0.00	10.91	(10.66)	44.30
CIGL	5.82	(0.08)	0.00	0.03	6.46	(7.17)	12.64	(12.09)	92.43
XPON	4.51	(0.69)	0.00	(0.12)	0.00	0.00	9.80	(8.66)	46.76
CLIK	6.38	(0.29)	0.00	(0.10)	0.00	0.00	17.06	(13.02)	96.16
SUNE	3.39	(0.45)	0.00	(0.07)	0.00	0.00	10.20	(6.52)	27.32
RAYA	6.89	(1.17)	0.00	(0.46)	0.00	0.00	16.39	(14.07)	68.84
UGRO	6.58	(0.31)	0.00	(0.12)	0.00	0.00	16.13	(12.00)	73.35

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC

Eastern International Correlations

Eastern International Correlation With Market

Significant diversification

Moving against Eastern Stock

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY