SIMPPLE Correlations

SPPL Stock

4.20 0.10 2.33%

The current 90-days correlation between SIMPPLE LTD Ordinary and Creative Realities is 0.09 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SIMPPLE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SIMPPLE LTD Ordinary moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

SIMPPLE Correlation With Market

Significant diversification

The correlation between SIMPPLE LTD Ordinary and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SIMPPLE LTD Ordinary and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with SIMPPLE Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SIMPPLE LTD Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Moving together with SIMPPLE Stock

0.8	DXPE	DXP Enterprises	Pair Corr
0.81	WSO-B	Watsco Inc	Pair Corr
0.75	BXC	BlueLinx Holdings	Pair Corr
0.76	CAI	Caris Life Sciences,	Pair Corr
0.82	EVI	EVI Industries	Pair Corr
0.67	GIC	Global Industrial	Pair Corr
0.86	IGC	India Globalization	Pair Corr
0.71	IPW	iPower Inc	Pair Corr
0.77	URI	United Rentals	Pair Corr
0.71	WSO	Watsco Inc	Pair Corr

Moving against SIMPPLE Stock

0.73	000632	Fujian Sanmu Group	Pair Corr
0.71	VSTS	Vestis	Pair Corr
0.71	0HIT	Iberdrola	Pair Corr
0.69	AER	AerCap Holdings NV	Pair Corr
0.65	MSI	Multistack International	Pair Corr
0.6	AL	Air Lease	Pair Corr
0.58	EHL	Emeco Holdings	Pair Corr
0.4	FPR	Fleetpartners Group	Pair Corr
0.82	WJX	Wajax	Pair Corr
0.72	WCC	WESCO International	Pair Corr
0.64	600826	DLG Exhibitions Events	Pair Corr
0.63	AA4	Amedeo Air Four	Pair Corr
0.58	FTT	Finning International	Pair Corr
0.56	XMTR	Xometry	Pair Corr
0.43	HRI	Herc Holdings	Pair Corr

Related Correlations Analysis

	CREX	BLBX	SWVL	CSAI	CYN	WETO	SELX	ARBE	NTCL	FCUV
CREX		0.32	-0.22	-0.14	-0.54	-0.64	-0.52	-0.14	-0.51	0.36	CREX
BLBX	0.32		0.0	0.03	0.03	0.02	-0.03	0.44	-0.25	0.34	BLBX
SWVL	-0.22	0.0		0.63	0.68	0.65	0.71	0.71	0.8	0.38	SWVL
CSAI	-0.14	0.03	0.63		0.58	0.54	0.57	0.58	0.44	0.51	CSAI
CYN	-0.54	0.03	0.68	0.58		0.94	0.7	0.79	0.8	0.33	CYN
WETO	-0.64	0.02	0.65	0.54	0.94		0.76	0.73	0.8	0.19	WETO
SELX	-0.52	-0.03	0.71	0.57	0.7	0.76		0.54	0.67	0.15	SELX
ARBE	-0.14	0.44	0.71	0.58	0.79	0.73	0.54		0.59	0.56	ARBE
NTCL	-0.51	-0.25	0.8	0.44	0.8	0.8	0.67	0.59		0.15	NTCL
FCUV	0.36	0.34	0.38	0.51	0.33	0.19	0.15	0.56	0.15		FCUV
	CREX	BLBX	SWVL	CSAI	CYN	WETO	SELX	ARBE	NTCL	FCUV

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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

WETO	+ 0.94	CYN
NTCL	+ 0.8	SWVL
NTCL	+ 0.8	CYN
NTCL	+ 0.8	WETO
ARBE	+ 0.79	CYN
SELX	+ 0.76	WETO

High negative correlations

WETO	- 0.64	CREX
CYN	- 0.54	CREX
SELX	- 0.52	CREX
NTCL	- 0.51	CREX
NTCL	- 0.25	BLBX
SWVL	- 0.22	CREX

Risk-Adjusted Indicators

There is a big difference between SIMPPLE Stock performing well and SIMPPLE 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 SIMPPLE'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
CREX	2.86	0.23	0.08	0.26	2.77	(4.07)	9.13	(5.47)	23.98
BLBX	6.97	0.58	0.10	0.19	7.36	(8.25)	21.59	(12.91)	69.73
SWVL	3.06	(0.76)	0.00	(0.35)	0.00	0.00	4.79	(6.73)	25.82
CSAI	5.36	(0.49)	0.00	(0.10)	0.00	0.00	9.16	(11.25)	44.14
CYN	4.41	(0.89)	0.00	(0.20)	0.00	0.00	7.82	(9.53)	31.85
WETO	3.69	(1.37)	0.00	(1.19)	0.00	0.00	5.43	(8.89)	34.41
SELX	7.29	(0.27)	0.00	0.76	0.00	0.00	10.96	(15.65)	104.21
ARBE	4.97	(0.54)	0.00	(0.08)	0.00	0.00	14.29	(8.16)	30.17
NTCL	4.44	(1.15)	0.00	(2.71)	0.00	0.00	6.31	(10.83)	62.86
FCUV	6.09	(0.76)	0.00	(0.20)	0.00	0.00	15.71	(13.11)	54.82

SIMPPLE Corporate Management

Su Youyi	Head Sales	Profile
Sovik Bromha	Executive Officer	Profile
Alexus Goh	Partnerships Development	Profile
Alexus	Partnerships Development	Profile
Gary Goh	Chief Officer	Profile

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