Reunion Industries Correlations
| RUNIDelisted Stock | USD 0.0002 0.00 0.00% |
The correlation of Reunion Industries 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.
Reunion |
Related Correlations Analysis
| 0.8 | 0.79 | 0.91 | 0.94 | 0.68 | SPG | ||
| 0.8 | 0.39 | 0.81 | 0.85 | 0.43 | TW | ||
| 0.79 | 0.39 | 0.68 | 0.73 | 0.73 | KRG | ||
| 0.91 | 0.81 | 0.68 | 0.92 | 0.62 | HEES | ||
| 0.94 | 0.85 | 0.73 | 0.92 | 0.7 | FTAI | ||
| 0.68 | 0.43 | 0.73 | 0.62 | 0.7 | HTZ | ||
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Risk-Adjusted Indicators
There is a big difference between Reunion Stock performing well and Reunion Industries 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 Reunion Industries' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SPG | 0.80 | 0.11 | 0.02 | 0.45 | 0.79 | 1.76 | 4.38 | |||
| TW | 0.92 | 0.18 | 0.08 | 0.62 | 0.99 | 1.71 | 6.60 | |||
| KRG | 0.79 | 0.05 | (0.03) | 0.26 | 0.86 | 1.56 | 4.33 | |||
| HEES | 1.81 | 0.07 | 0.11 | 0.16 | 2.07 | 3.45 | 15.53 | |||
| FTAI | 2.08 | 0.27 | 0.14 | 0.25 | 2.50 | 5.02 | 12.55 | |||
| HTZ | 3.97 | 0.49 | 0.13 | 0.40 | 4.04 | 8.61 | 21.19 |
Reunion Industries Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Reunion Industries stock to make a market-neutral strategy. Peer analysis of Reunion Industries could also be used in its relative valuation, which is a method of valuing Reunion Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Reunion Industries Corporate Executives
Elected by the shareholders, the Reunion Industries' board of directors comprises two types of representatives: Reunion Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reunion. The board's role is to monitor Reunion Industries' management team and ensure that shareholders' interests are well served. Reunion Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Reunion Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Froehlich | Chief CFO | Profile |
Still Interested in Reunion Industries?
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