CD Projekt Correlations

OTGLF Stock

USD 35.03 9.97 22.16%

The current 90-days correlation between CD Projekt SA and Square Enix Holdings is 0.01 (i.e., Significant diversification). The correlation of CD Projekt 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.

CD Projekt Correlation With Market

Good diversification

The correlation between CD Projekt SA and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CD Projekt SA and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against OTGLF Pink Sheet

0.63	MZHOF	Mizuho Financial Normal Trading	Pair Corr
0.52	DIS	Walt Disney	Pair Corr
0.5	MFG	Mizuho Financial	Pair Corr
0.45	JPHLF	Japan Post Holdings	Pair Corr
0.42	WMT	Walmart Aggressive Push	Pair Corr
0.39	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.35	MUFG	Mitsubishi UFJ Financial	Pair Corr
0.33	SMFNF	Sumitomo Mitsui Financial Normal Trading	Pair Corr
0.33	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.31	SMFG	Sumitomo Mitsui Financial	Pair Corr

Related Correlations Analysis

	SQNXF	SGAMY	CCOEY	THQQF	UBSFY	KONMY	SQNNY	KNAMF	CCOEF	SOHU
SQNXF		0.72	0.19	0.35	-0.6	0.62	0.55	0.16	0.65	0.23	SQNXF
SGAMY	0.72		0.34	0.27	-0.68	0.81	0.49	0.17	0.77	0.33	SGAMY
CCOEY	0.19	0.34		-0.59	-0.47	0.63	-0.08	0.21	0.55	0.35	CCOEY
THQQF	0.35	0.27	-0.59		-0.18	-0.02	0.28	-0.05	0.12	-0.11	THQQF
UBSFY	-0.6	-0.68	-0.47	-0.18		-0.65	-0.14	0.05	-0.72	0.04	UBSFY
KONMY	0.62	0.81	0.63	-0.02	-0.65		0.3	0.28	0.89	0.45	KONMY
SQNNY	0.55	0.49	-0.08	0.28	-0.14	0.3		-0.04	0.16	-0.05	SQNNY
KNAMF	0.16	0.17	0.21	-0.05	0.05	0.28	-0.04		0.22	0.39	KNAMF
CCOEF	0.65	0.77	0.55	0.12	-0.72	0.89	0.16	0.22		0.39	CCOEF
SOHU	0.23	0.33	0.35	-0.11	0.04	0.45	-0.05	0.39	0.39		SOHU
	SQNXF	SGAMY	CCOEY	THQQF	UBSFY	KONMY	SQNNY	KNAMF	CCOEF	SOHU

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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

CCOEF	+ 0.89	KONMY
KONMY	+ 0.81	SGAMY
CCOEF	+ 0.77	SGAMY
SGAMY	+ 0.72	SQNXF
CCOEF	+ 0.65	SQNXF
KONMY	+ 0.63	CCOEY

High negative correlations

CCOEF	- 0.72	UBSFY
UBSFY	- 0.68	SGAMY
KONMY	- 0.65	UBSFY
UBSFY	- 0.6	SQNXF
THQQF	- 0.59	CCOEY
UBSFY	- 0.47	CCOEY

Risk-Adjusted Indicators

There is a big difference between OTGLF Pink Sheet performing well and CD Projekt 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 CD Projekt'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
SQNXF	1.88	0.32	0.05	1.43	2.11	(3.78)	9.10	(4.16)	21.40
SGAMY	2.05	0.00	(0.02)	0.10	2.38	(2.32)	4.18	(3.53)	15.95
CCOEY	1.62	0.05	(0.03)	(1.43)	1.89	(1.79)	3.55	(3.35)	10.70
THQQF	1.19	0.01	(0.02)	0.16	1.73	(3.33)	4.01	(3.92)	16.02
UBSFY	2.82	(0.25)	0.00	0.29	0.00	0.00	4.58	(7.52)	34.80
KONMY	0.66	0.11	0.00	0.67	0.00	0.00	2.00	0.00	15.03
SQNNY	1.65	0.21	0.03	0.99	2.24	(4.14)	6.13	(5.71)	19.83
KNAMF	4.39	2.29	0.00	(4.79)	0.00	0.00	16.24	(4.49)	16.58
CCOEF	1.01	0.15	0.01	4.35	1.45	(3.87)	5.34	(3.46)	15.68
SOHU	1.77	(0.42)	0.00	(0.66)	0.00	0.00	3.86	(5.21)	13.26

Be your own money manager

Our tools can tell you how much better you can do entering a position in CD Projekt 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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CD Projekt Corporate Management

Michal Nowakowski	Member of the Management Board	Profile
Adam Badowski	Member of the Management Board	Profile
Piotr Karwowski	Member of the Management Board	Profile
Rafal Zuchowicz	Chief Accounting Officer	Profile
Maciej Nielubowicz	Member of the Supervisory Board	Profile
Pawel Zawodny	CTO Board	Profile

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