ICZOOM Group Correlations
| IZM Stock | 2.34 0.04 1.74% |
The current 90-days correlation between ICZOOM Group Class and Natural Alternatives International is 0.22 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ICZOOM Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ICZOOM Group Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
ICZOOM Group Correlation With Market
Modest diversification
The correlation between ICZOOM Group Class and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ICZOOM Group Class and DJI in the same portfolio, assuming nothing else is changed.
ICZOOM |
Moving against ICZOOM Stock
| 0.46 | DV | DoubleVerify Holdings | PairCorr |
| 0.38 | S | SentinelOne | PairCorr |
| 0.33 | FI | Fiserv, | PairCorr |
| 0.58 | VS | Versus Systems | PairCorr |
| 0.5 | DMRC | Digimarc | PairCorr |
| 0.41 | ZS | Zscaler Sell-off Trend | PairCorr |
| 0.4 | NN | Nextnav Acquisition Corp | PairCorr |
| 0.4 | PD | Pagerduty Earnings Call This Week | PairCorr |
| 0.38 | ZM | Zoom Video Communications | PairCorr |
| 0.37 | KE | Kimball Electronics | PairCorr |
| 0.34 | ML | MoneyLion | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between ICZOOM Stock performing well and ICZOOM Group 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 ICZOOM Group'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NAII | 3.06 | (0.24) | 0.00 | (0.46) | 0.00 | 7.14 | 30.71 | |||
| WEYS | 1.77 | (0.13) | 0.02 | 0.06 | 2.14 | 2.82 | 25.17 | |||
| EML | 1.67 | (0.20) | 0.00 | (0.24) | 0.00 | 3.39 | 11.83 | |||
| VRA | 1.80 | (0.25) | 0.00 | (0.06) | 0.00 | 4.21 | 12.01 | |||
| TSN | 0.98 | 0.01 | (0.06) | 0.21 | 1.44 | 1.73 | 9.06 | |||
| GO | 2.73 | 0.06 | 0.05 | 0.14 | 3.67 | 5.85 | 22.16 | |||
| MTEX | 2.16 | 0.04 | 0.00 | 0.17 | 2.64 | 5.52 | 16.06 |
ICZOOM Group Corporate Executives
Elected by the shareholders, the ICZOOM Group's board of directors comprises two types of representatives: ICZOOM Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ICZOOM. The board's role is to monitor ICZOOM Group's management team and ensure that shareholders' interests are well served. ICZOOM Group'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, ICZOOM Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Duanrong Liu | COO CoFounder | Profile |