Spotlight Homes Correlations

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Spotlight Homes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spotlight Homes moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spotlight Homes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Spotlight Stock, please use our How to Invest in Spotlight Homes guide.

Related Correlations Analysis


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

ZSTNSOFO
INOWSOFO
PRZMSOFO
CLTYSOFO
IPUBSOFO
INOWZSTN
  

High negative correlations

USDCFDBL
IPUBUSDC
USDCCLTY
USDCPRZM
USDCINOW
USDCZSTN

Risk-Adjusted Indicators

There is a big difference between Spotlight Stock performing well and Spotlight Homes 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 Spotlight Homes' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
FDBL  3.01  0.80  0.00 (0.77) 0.00 
 0.00 
 150.00 
EDTA  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
SOFO  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
HOKUQ  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
ZSTN  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
INOW  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
PRZM  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
CLTY  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
USDC  32.83  16.46  0.00  5.02  0.00 
 0.00 
 0.00 
IPUB  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 

Spotlight Homes Corporate Executives

Elected by the shareholders, the Spotlight Homes' board of directors comprises two types of representatives: Spotlight Homes inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Spotlight. The board's role is to monitor Spotlight Homes' management team and ensure that shareholders' interests are well served. Spotlight Homes' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Spotlight Homes' outside directors are responsible for providing unbiased perspectives on the board's policies.