Secoo Holding Correlations
| SECODelisted Stock | USD 0.83 0.01 1.22% |
The current 90-days correlation between Secoo Holding and Kidpik Corp is -0.09 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Secoo Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Secoo Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Secoo Holding Correlation With Market
Good diversification
The correlation between Secoo Holding and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Secoo Holding and DJI in the same portfolio, assuming nothing else is changed.
Secoo |
Moving together with Secoo Stock
Moving against Secoo Stock
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| 0.39 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
| 0.34 | HPQ | HP Inc | PairCorr |
| 0.32 | CSCO | Cisco Systems | PairCorr |
| 0.31 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Secoo Stock performing well and Secoo Holding 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 Secoo Holding'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PIK | 3.81 | (0.01) | (0.01) | 0.08 | 5.43 | 9.28 | 25.87 | |||
| QRTEB | 3.55 | (0.31) | 0.00 | (0.29) | 0.00 | 9.00 | 27.73 | |||
| NHTC | 1.57 | (0.25) | 0.00 | 6.18 | 0.00 | 2.85 | 13.19 | |||
| LQDT | 1.30 | 0.07 | 0.08 | 0.15 | 1.36 | 2.88 | 9.34 | |||
| OCG | 5.49 | 0.31 | 0.05 | 0.45 | 5.42 | 13.33 | 46.58 | |||
| APRN | 6.12 | (0.13) | 0.00 | (0.13) | 0.00 | 13.12 | 80.92 | |||
| YJ | 5.00 | (0.55) | 0.00 | 3.34 | 0.00 | 11.73 | 27.99 | |||
| HOUR | 2.45 | 0.31 | 0.04 | (0.99) | 3.46 | 4.40 | 42.64 | |||
| IPW | 6.60 | (0.75) | 0.00 | (3.54) | 0.00 | 13.81 | 67.04 | |||
| MOGU | 3.48 | (0.16) | (0.02) | 0.00 | 3.96 | 8.67 | 32.91 |
Secoo Holding 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 Secoo Holding stock to make a market-neutral strategy. Peer analysis of Secoo Holding could also be used in its relative valuation, which is a method of valuing Secoo Holding by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Secoo Holding Corporate Management
| Shaojun Chen | Chief Officer | Profile | |
| Jingbo Ma | IR Contact Officer | Profile | |
| Eric Chan | Consultant | Profile | |
| Regina Szeto | International Brands | Profile | |
| Federica Marchionni | Chief International | Profile |
Still Interested in Secoo Holding?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.