YUNFENG FINANCIAL Correlations

MNA1 Stock

EUR 0.09 0.0005 0.54%

The current 90-days correlation between YUNFENG FINANCIAL GRP and STRAYER EDUCATION is -0.1 (i.e., Good diversification). The correlation of YUNFENG FINANCIAL 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.

The ability to find closely correlated positions to YUNFENG FINANCIAL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace YUNFENG FINANCIAL 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 YUNFENG FINANCIAL - 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 YUNFENG FINANCIAL GRP to buy it.

Moving together with YUNFENG Stock

0.69

SG9

Strix Group Plc

Pair Corr

Moving against YUNFENG Stock

0.76	XTP	Sino AG	Pair Corr
0.66	GOS	Goldman Sachs	Pair Corr
0.65	GOS	Goldman Sachs	Pair Corr
0.6	DWD	Morgan Stanley	Pair Corr
0.6	KR51	KKR Co LP	Pair Corr
0.57	DWD	Morgan Stanley	Pair Corr
0.45	SWG	Charles Schwab	Pair Corr
0.45	3HM	MSCI Inc Earnings Call This Week	Pair Corr
0.43	DUT	Moodys	Pair Corr
0.41	E908	Lyxor 1	Pair Corr
0.4	DBPE	Xtrackers LevDAX	Pair Corr
0.35	74F	LIFE BANC SPLIT	Pair Corr

Related Correlations Analysis

	GKD	SQE	PL0	CE1	2WY	DVY	DVY	03F
GKD		0.95	0.72	0.96	0.91	0.93	0.94	-0.59	GKD
SQE	0.95		0.55	0.95	0.86	0.85	0.85	-0.56	SQE
PL0	0.72	0.55		0.69	0.78	0.84	0.84	-0.58	PL0
CE1	0.96	0.95	0.69		0.93	0.92	0.91	-0.67	CE1
2WY	0.91	0.86	0.78	0.93		0.92	0.91	-0.77	2WY
DVY	0.93	0.85	0.84	0.92	0.92		0.97	-0.62	DVY
DVY	0.94	0.85	0.84	0.91	0.91	0.97		-0.61	DVY
03F	-0.59	-0.56	-0.58	-0.67	-0.77	-0.62	-0.61		03F
	GKD	SQE	PL0	CE1	2WY	DVY	DVY	03F

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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

DVY	+ 0.97	DVY
CE1	+ 0.96	GKD
SQE	+ 0.95	GKD
CE1	+ 0.95	SQE
DVY	+ 0.94	GKD
DVY	+ 0.93	GKD

High negative correlations

03F	- 0.77	2WY
03F	- 0.67	CE1
03F	- 0.62	DVY
03F	- 0.61	DVY
03F	- 0.59	GKD
03F	- 0.58	PL0

Risk-Adjusted Indicators

There is a big difference between YUNFENG Stock performing well and YUNFENG FINANCIAL 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 YUNFENG FINANCIAL'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
GKD	1.50	0.48	0.30	1.65	1.16	(1.96)	2.58	(2.41)	18.39
SQE	1.25	0.23	0.13	1.44	1.17	(1.72)	2.67	(2.17)	10.93
PL0	2.00	0.72	0.37	(10.03)	1.20	(2.75)	3.90	(3.17)	32.59
CE1	1.73	0.51	0.22	(3.06)	1.60	(2.30)	3.25	(2.40)	19.05
2WY	1.26	0.46	0.29	(2.05)	0.89	(1.80)	3.67	(1.96)	14.26
DVY	1.74	0.56	0.27	(14.74)	1.47	(2.30)	4.79	(2.37)	18.70
DVY	1.65	0.51	0.27	16.01	1.33	(2.40)	3.77	(2.20)	16.73
03F	2.32	(0.19)	0.00	(0.30)	0.00	0.00	6.29	(7.24)	20.98

Be your own money manager

Our tools can tell you how much better you can do entering a position in YUNFENG FINANCIAL without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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YUNFENG FINANCIAL Corporate Management

Elected by the shareholders, the YUNFENG FINANCIAL's board of directors comprises two types of representatives: YUNFENG FINANCIAL inside directors who are chosen from within the company, and outside directors, selected externally and held independent of YUNFENG. The board's role is to monitor YUNFENG FINANCIAL's management team and ensure that shareholders' interests are well served. YUNFENG FINANCIAL'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, YUNFENG FINANCIAL's outside directors are responsible for providing unbiased perspectives on the board's policies.

Daqing Qi	Independent Non-Executive Director	Profile
Adnan Ahmed	Non-Executive Director	Profile
Chung Chu	Independent Non-Executive Director	Profile
Michael Connor	Non-Executive Director	Profile

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