Eros Media Correlations
| EMWPFDelisted Stock | USD 0.10 0.05 100.00% |
The current 90-days correlation between Eros Media World and Maxx Sports TV is -0.09 (i.e., Good diversification). The correlation of Eros Media 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.
Eros Media Correlation With Market
Good diversification
The correlation between Eros Media World and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eros Media World and DJI in the same portfolio, assuming nothing else is changed.
Eros |
The ability to find closely correlated positions to Eros Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eros Media 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 Eros Media - 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 Eros Media World to buy it.
Moving against Eros OTC Stock
| 0.38 | T | ATT Inc Aggressive Push | PairCorr |
| 0.38 | CURIW | CuriosityStream | PairCorr |
| 0.34 | Z | Zillow Group Class | PairCorr |
| 0.57 | SE | Sea | PairCorr |
| 0.48 | VEON | VEON | PairCorr |
| 0.37 | WB | Weibo Corp | PairCorr |
| 0.36 | SY | So Young International | PairCorr |
| 0.36 | TV | Grupo Televisa SAB | PairCorr |
| 0.34 | ZG | Zillow Group | PairCorr |
| 0.58 | EMMS | Emmis Communications Corp | PairCorr |
| 0.39 | ANGHW | Anghami Warrants | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Eros OTC Stock performing well and Eros Media OTC Stock 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 Eros Media'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ANGHW | 11.47 | 1.53 | 0.08 | 15.24 | 11.65 | 37.59 | 95.37 | |||
| AGAEW | 11.47 | (0.59) | 0.00 | (0.35) | 0.00 | 25.00 | 83.33 | |||
| AMXX | 4.97 | 1.43 | 0.00 | (0.96) | 0.00 | 0.00 | 190.48 | |||
| APHP | 3.00 | 0.61 | 0.09 | 1.08 | 2.49 | 11.11 | 34.09 | |||
| BATRB | 1.69 | (0.41) | 0.00 | (0.47) | 0.00 | 4.17 | 25.83 | |||
| IMAX | 1.71 | 0.25 | 0.08 | 0.98 | 1.74 | 3.24 | 13.67 | |||
| MCS | 1.41 | 0.66 | 0.55 | 1.23 | 0.23 | 4.33 | 12.63 | |||
| PLAY | 2.50 | (0.15) | (0.01) | 0.05 | 2.79 | 5.35 | 14.95 | |||
| APE | 2.05 | 0.30 | 0.06 | (6.76) | 2.33 | 4.67 | 11.21 | |||
| AMCX | 2.67 | (0.16) | 0.00 | (0.16) | 0.00 | 6.36 | 16.63 |
View Eros Media Related Equities
| Risk & Return | Correlation |
Eros Media Corporate Management
Elected by the shareholders, the Eros Media's board of directors comprises two types of representatives: Eros Media inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eros. The board's role is to monitor Eros Media's management team and ensure that shareholders' interests are well served. Eros Media'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, Eros Media's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rajesh Chalke | Chief Officer | Profile | |
| Ridhima Lulla | Chief Officer | Profile | |
| Kumar Ahuja | Chief Pictures | Profile | |
| Nidhi Agarwal | Group Controller | Profile | |
| Rajitta Hemwaani | B Music | Profile | |
| Rishika Singh | Ex Chairperson | Profile | |
| Ali Hussein | Chief Now | Profile |
Still Interested in Eros Media World?
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