IMedia Brands Correlations
| IMBILDelisted Stock | USD 0.98 0.00 0.00% |
The current 90-days correlation between IMedia Brands 85 and Greenidge Generation Holdings is 0.07 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IMedia Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IMedia Brands 85 moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
IMedia Brands Correlation With Market
Good diversification
The correlation between IMedia Brands 85 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 IMedia Brands 85 and DJI in the same portfolio, assuming nothing else is changed.
IMedia |
Moving together with IMedia Stock
| 0.66 | GOEVW | Canoo Holdings | PairCorr |
| 0.64 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.69 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.69 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.66 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against IMedia Stock
| 0.61 | PTAIF | PT Astra International | PairCorr |
| 0.59 | SSNLF | Samsung Electronics | PairCorr |
| 0.57 | GCMGW | GCM Grosvenor | PairCorr |
| 0.52 | PCTTW | PureCycle Technologies | PairCorr |
| 0.49 | ATCOL | Atlas Corp | PairCorr |
| 0.34 | ASTSW | AST SpaceMobile | PairCorr |
| 0.85 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.81 | HD | Home Depot | PairCorr |
| 0.8 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.76 | WMT | Walmart Aggressive Push | PairCorr |
| 0.74 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.7 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.69 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.69 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.64 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.62 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.54 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
Related Correlations Analysis
| 0.71 | -0.03 | 0.77 | -0.46 | GREEL | ||
| 0.71 | -0.12 | 0.91 | 0.06 | SNCRL | ||
| -0.03 | -0.12 | -0.19 | -0.19 | FOSLL | ||
| 0.77 | 0.91 | -0.19 | 0.03 | HROWL | ||
| -0.46 | 0.06 | -0.19 | 0.03 | ARBKL | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between IMedia Stock performing well and IMedia Brands 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 IMedia Brands' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GREEL | 1.88 | 0.30 | 0.11 | 0.55 | 1.87 | 5.36 | 10.49 | |||
| SNCRL | 0.38 | 0.07 | (0.10) | 2.15 | 0.38 | 0.82 | 2.95 | |||
| FOSLL | 1.17 | 0.01 | (0.04) | 0.16 | 1.20 | 3.02 | 9.58 | |||
| HROWL | 0.21 | 0.03 | (0.35) | (1.86) | 0.16 | 0.48 | 1.60 | |||
| ARBKL | 1.37 | (0.01) | (0.05) | 0.04 | 2.20 | 3.02 | 11.64 |
IMedia Brands Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IMedia Brands stock to make a market-neutral strategy. Peer analysis of IMedia Brands could also be used in its relative valuation, which is a method of valuing IMedia Brands by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
IMedia Brands Corporate Management
| Timothy Peterman | CEO Director | Profile | |
| Lee Goehring | VP Merchandising | Profile | |
| Jon Sanders | VP Logistics | Profile | |
| Cassie Anliker | VP Merchandising | Profile | |
| JeanGuillaume Sabatier | Ex Officer | Profile | |
| MyLinh Hong | VP Admin | Profile | |
| Montgomery Wageman | VP CFO | Profile |
Still Interested in IMedia Brands 85?
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