Konami Holdings Correlations
| KONMY Stock | USD 47.74 4.58 10.61% |
The current 90-days correlation between Konami Holdings and NEXON Co is 0.01 (i.e., Significant diversification). The correlation of Konami Holdings 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.
Konami Holdings Correlation With Market
Significant diversification
The correlation between Konami Holdings 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 Konami Holdings and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Konami Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Konami Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Konami Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Konami Holdings to buy it.
Moving together with Konami Pink Sheet
| 0.64 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.68 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.61 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.62 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.65 | KO | Coca Cola Aggressive Push | PairCorr |
Moving against Konami Pink Sheet
| 0.67 | TTWO | Take Two Interactive Sell-off Trend | PairCorr |
| 0.62 | FSTF | First State Financial | PairCorr |
| 0.57 | ATVI | Activision Blizzard | PairCorr |
| 0.54 | RBLX | Roblox Corp | PairCorr |
| 0.52 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.39 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | 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
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Risk-Adjusted Indicators
There is a big difference between Konami Pink Sheet performing well and Konami Holdings 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 Konami Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NEXOF | 0.45 | (0.21) | 0.00 | 153.10 | 0.00 | 0.00 | 16.62 | |||
| MIXIF | 0.01 | (0.01) | 0.00 | 2.61 | 0.00 | 0.00 | 0.24 | |||
| KNAMF | 4.39 | 2.24 | 0.00 | (65.88) | 0.00 | 16.24 | 16.58 | |||
| SGAMY | 1.97 | 0.05 | (0.02) | 0.34 | 2.26 | 4.18 | 15.95 | |||
| CCOEY | 1.60 | 0.03 | (0.04) | 0.76 | 1.92 | 3.55 | 10.70 | |||
| OTGLF | 0.66 | (0.33) | 0.00 | 3.06 | 0.00 | 0.00 | 22.16 | |||
| UBSFY | 2.84 | (0.26) | 0.00 | 0.32 | 0.00 | 4.58 | 34.80 | |||
| SQNNY | 1.61 | 0.24 | 0.02 | 10.31 | 2.28 | 6.13 | 19.83 | |||
| NTDOY | 1.02 | (0.07) | 0.00 | 0.42 | 0.00 | 1.65 | 8.79 | |||
| SQNXF | 1.89 | 0.31 | 0.03 | (1.33) | 2.21 | 9.10 | 21.40 |
Be your own money manager
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Konami Holdings Corporate Management
| Yutaka Abe | Co Division | Profile | |
| Junichi Motobayashi | Corp Division | Profile | |
| Kimihiko Higashio | Pres Director | Profile | |
| Takeshi Murota | Chief Bus | Profile | |
| Shinichiro Yoneyama | Corp Division | Profile | |
| Noriaki Yamaguchi | Supreme Advisor | Profile | |
| Kagemasa Kozuki | Founder Chairman | Profile |