GEE Correlations

JOB Stock

USD 0.26 0.02 7.14%

The current 90-days correlation between GEE Group and Hudson Global is 0.09 (i.e., Significant diversification). The correlation of GEE 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.

GEE Correlation With Market

Average diversification

The correlation between GEE Group and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GEE Group 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 GEE Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Moving together with GEE Stock

0.65	DLHC	DLH Holdings Corp	Pair Corr
0.62	VIRC	Virco Manufacturing	Pair Corr
0.62	ESGL	ESGL Holdings Limited	Pair Corr
0.64	EXPO	Exponent	Pair Corr
0.64	WLDN	Willdan Group	Pair Corr
0.68	CLH	Clean Harbors	Pair Corr

Moving against GEE Stock

0.62	KC	Kingsoft Cloud Holdings	Pair Corr
0.36	SQ	Block Inc	Pair Corr
0.45	AWX	Avalon Holdings Downward Rally	Pair Corr
0.44	CBZ	CBIZ Inc	Pair Corr
0.4	GEO	Geo Group	Pair Corr
0.37	FVRR	Fiverr International	Pair Corr
0.35	CXW	CoreCivic	Pair Corr

Related Correlations Analysis

	KFRC	HSII	MAN	KFY	HSON	KELYA	KELYB	RHI	TBI
KFRC		0.67	0.28	0.74	0.16	-0.19	-0.21	0.89	0.26	KFRC
HSII	0.67		-0.37	0.41	-0.47	-0.75	-0.78	0.83	0.21	HSII
MAN	0.28	-0.37		0.52	0.69	0.68	0.69	0.01	-0.14	MAN
KFY	0.74	0.41	0.52		0.3	0.14	0.12	0.61	-0.32	KFY
HSON	0.16	-0.47	0.69	0.3		0.65	0.67	-0.02	0.03	HSON
KELYA	-0.19	-0.75	0.68	0.14	0.65		0.98	-0.48	-0.26	KELYA
KELYB	-0.21	-0.78	0.69	0.12	0.67	0.98		-0.49	-0.29	KELYB
RHI	0.89	0.83	0.01	0.61	-0.02	-0.48	-0.49		0.3	RHI
TBI	0.26	0.21	-0.14	-0.32	0.03	-0.26	-0.29	0.3		TBI
	KFRC	HSII	MAN	KFY	HSON	KELYA	KELYB	RHI	TBI

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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

KELYB	+ 0.98	KELYA
RHI	+ 0.89	KFRC
RHI	+ 0.83	HSII
KFY	+ 0.74	KFRC
HSON	+ 0.69	MAN
KELYB	+ 0.69	MAN

High negative correlations

KELYB	- 0.78	HSII
KELYA	- 0.75	HSII
RHI	- 0.49	KELYB
RHI	- 0.48	KELYA
HSON	- 0.47	HSII
MAN	- 0.37	HSII

Risk-Adjusted Indicators

There is a big difference between GEE Stock performing well and GEE 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 GEE'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
KFRC	1.35	0.03	0.02	0.06	1.63	(1.47)	2.58	(3.30)	10.53
HSII	1.28	0.32	0.24	0.46	0.98	(1.49)	3.07	(2.22)	15.55
MAN	1.41	(0.23)	0.00	(0.72)	0.00	0.00	3.19	(2.97)	12.94
KFY	1.21	(0.03)	0.00	(0.04)	0.00	0.00	2.44	(2.17)	15.74
HSON	1.75	(0.23)	0.00	(2.13)	0.00	0.00	4.12	(3.61)	17.12
KELYA	1.92	(0.53)	0.00	(2.41)	0.00	0.00	3.45	(4.12)	27.28
KELYB	1.55	(0.54)	0.00	3.56	0.00	0.00	1.89	(6.15)	14.89
RHI	1.32	0.10	0.06	0.20	1.48	(1.42)	2.31	(2.77)	14.19
TBI	2.46	0.20	0.07	1.52	2.74	(2.67)	4.73	(4.32)	17.99

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