Gan Correlations

Gan Correlation With Market

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Gan Stock, please use our How to Invest in Gan guide.

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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    PBTHF + 0.91 GMBLP AGS + 0.86 GMBLP AGS + 0.84 PBTHF AGS + 0.8 RSI INSE + 0.75 RSI PBTHF + 0.75 RSI

High negative correlations    AGS - 0.88 EBET EBET - 0.85 RSI EBET - 0.85 GMBLP PBTHF - 0.83 EBET INSE - 0.73 EBET EBET - 0.19 ELYS

Risk-Adjusted Indicators

There is a big difference between Gan Stock performing well and Gan 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 Gan'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.