1Spatial PLC Correlations

SPA Stock

67.50 0.00 0.00%

The current 90-days correlation between 1Spatial PLC and Centaur Media is 0.05 (i.e., Significant diversification). The correlation of 1Spatial PLC 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.

1Spatial PLC Correlation With Market

Good diversification

The correlation between 1Spatial PLC and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 1Spatial PLC and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to 1Spatial PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 1Spatial PLC 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 1Spatial PLC - 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 1Spatial PLC to buy it.

Moving together with 1Spatial Stock

0.61	MSMN	Mosman Oil	Pair Corr
0.84	CPH2	Clean Power Hydrogen	Pair Corr
0.65	SSLN	iShares Physical Silver	Pair Corr
0.64	ALF	Alternative Liquidity	Pair Corr
0.71	ECO	Eco Oil Gas	Pair Corr
0.72	0MZX	Vienna Insurance	Pair Corr

Moving against 1Spatial Stock

0.41

RNWH

Renew Holdings plc

Pair Corr

Related Correlations Analysis

	WWH	0KBL	0JUJ	FLTR	CAU	ICG	GAW	IHC
WWH		0.83	-0.82	-0.91	0.91	-0.41	0.87	-0.49	WWH
0KBL	0.83		-0.71	-0.81	0.77	-0.13	0.84	-0.39	0KBL
0JUJ	-0.82	-0.71		0.71	-0.79	0.42	-0.85	0.51	0JUJ
FLTR	-0.91	-0.81	0.71		-0.83	0.39	-0.74	0.38	FLTR
CAU	0.91	0.77	-0.79	-0.83		-0.53	0.84	-0.57	CAU
ICG	-0.41	-0.13	0.42	0.39	-0.53		-0.15	0.18	ICG
GAW	0.87	0.84	-0.85	-0.74	0.84	-0.15		-0.66	GAW
IHC	-0.49	-0.39	0.51	0.38	-0.57	0.18	-0.66		IHC
	WWH	0KBL	0JUJ	FLTR	CAU	ICG	GAW	IHC

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

CAU	+ 0.91	WWH
GAW	+ 0.87	WWH
GAW	+ 0.84	0KBL
GAW	+ 0.84	CAU
0KBL	+ 0.83	WWH
CAU	+ 0.77	0KBL

High negative correlations

FLTR	- 0.91	WWH
GAW	- 0.85	0JUJ
CAU	- 0.83	FLTR
0JUJ	- 0.82	WWH
FLTR	- 0.81	0KBL
CAU	- 0.79	0JUJ

Risk-Adjusted Indicators

There is a big difference between 1Spatial Stock performing well and 1Spatial PLC 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 1Spatial PLC'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
WWH	0.77	0.19	0.15	1.01	0.54	(0.98)	1.80	(1.19)	4.29
0KBL	0.91	0.13	0.04	(1.82)	1.03	(0.96)	1.97	(1.66)	7.84
0JUJ	1.12	(0.14)	0.00	(0.33)	0.00	0.00	2.33	(2.27)	10.02
FLTR	1.78	(0.48)	0.00	(0.28)	0.00	0.00	2.77	(3.71)	18.29
CAU	0.71	0.22	0.07	(0.36)	0.43	(1.99)	2.27	(1.18)	8.62
ICG	1.08	(0.15)	0.00	(0.36)	0.00	0.00	2.41	(2.12)	7.97
GAW	1.15	0.40	0.27	2.78	0.68	(1.33)	2.79	(1.46)	14.60
IHC	1.41	(0.54)	0.00	(6.04)	0.00	0.00	2.56	(4.65)	14.46

Be your own money manager

Our tools can tell you how much better you can do entering a position in 1Spatial PLC 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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1Spatial PLC Corporate Management

Elected by the shareholders, the 1Spatial PLC's board of directors comprises two types of representatives: 1Spatial PLC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 1Spatial. The board's role is to monitor 1Spatial PLC's management team and ensure that shareholders' interests are well served. 1Spatial PLC'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, 1Spatial PLC's outside directors are responsible for providing unbiased perspectives on the board's policies.

Julia Dutton	Global Marketing	Profile
Lianne Tydeman	Group Controller	Profile
Issam Tannous	Belgium France	Profile
Andrew Fennell	Managing Roads	Profile
Susan Wallace	Company Secretary	Profile

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