Hall Of Correlations

HOFV Stock  USD 1.27  0.02  1.55%   
The current 90-days correlation between Hall of Fame and Cinedigm Corp is -0.06 (i.e., Good diversification). The correlation of Hall Of 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.

Hall Of Correlation With Market

Significant diversification

The correlation between Hall of Fame and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hall of Fame and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hall of Fame. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Hall Stock

  0.63IQ iQIYI Inc Aggressive PushPairCorr
  0.72DLPN Dolphin EntertainmentPairCorr
  0.79ADD Color Star TechnologyPairCorr
  0.75DUO Fangdd Network GroupPairCorr
  0.69GTN Gray TelevisionPairCorr
  0.7HHS Harte HanksPairCorr

Moving against Hall Stock

  0.84DIS Walt DisneyPairCorr
  0.75SE SeaPairCorr
  0.71FOXA Fox Corp ClassPairCorr
  0.69CNK Cinemark HoldingsPairCorr
  0.58CTV Innovid CorpPairCorr
  0.48ANGHW Anghami WarrantsPairCorr
  0.35SJ Scienjoy Holding CorpPairCorr
  0.89MCS MarcusPairCorr
  0.88LYV Live Nation EntertainmentPairCorr
  0.86NWS News Corp BPairCorr
  0.82PSO Pearson PLC ADRPairCorr
  0.75FOX Fox Corp ClassPairCorr
  0.72EEX Emerald ExpositionsPairCorr
  0.66EVC Entravision CommunicationsPairCorr
  0.58LVO LiveOnePairCorr
  0.49EDR Endeavor Group HoldingsPairCorr

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   
IQCIDM
AGAEWAGAE
CIDMAGAEW
IQAGAEW
CIDMAGAE
IQAGAE
  
High negative correlations   
CNVSAGAE
CNVSAGAEW
IQCNVS
CNVSCIDM
CNVSAPHP
MANUAGAE

Risk-Adjusted Indicators

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

Hall Of Corporate Management

Val McGeeSenior RevenueProfile
Victor GregovitsExecutive SalesProfile
Amy LilesSenior EventsProfile
Lisa GouldSenior TechnologyProfile
John RegasVP PartnershipsProfile
Eric HessSenior FinanceProfile
Anne ZimmerGrafficeExecutive AffairsProfile