Semantix Correlations

Summary

STIXDelisted Stock

USD 0.04 0.0006 1.41%

The correlation of Semantix 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Semantix Correlation With Market

Significant diversification

The correlation between Semantix and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Semantix and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Semantix Stock

0.71	BKRKY	Bank Rakyat	Pair Corr
0.75	BKRKF	PT Bank Rakyat	Pair Corr
0.62	PPERY	Bank Mandiri Persero	Pair Corr
0.74	PPERF	Bank Mandiri Persero	Pair Corr
0.68	TLK	Telkom Indonesia Tbk	Pair Corr
0.77	EC	Ecopetrol SA ADR Sell-off Trend	Pair Corr
0.66	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Moving against Semantix Stock

0.88	SSNLF	Samsung Electronics	Pair Corr
0.87	CSCO	Cisco Systems Sell-off Trend	Pair Corr
0.84	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.83	HD	Home Depot	Pair Corr
0.79	HPQ	HP Inc	Pair Corr
0.77	XOM	Exxon Mobil Corp Fiscal Year End 7th of February 2025	Pair Corr
0.77	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.77	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.7	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.63	BAC	Bank of America Aggressive Push	Pair Corr
0.61	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.58	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.49	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.48	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr
0.44	TLKMF	Telkom Indonesia Tbk	Pair Corr

Related Correlations Analysis

	RSSS	RAYT	SSTI	MODN	PCYG	IDXAF	ISDR	EGAN	MIXT
RSSS		0.0	0.31	0.14	0.28	0.05	-0.32	0.06	-0.17	RSSS
RAYT	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	RAYT
SSTI	0.31	0.0		-0.61	-0.59	-0.64	0.25	0.61	0.66	SSTI
MODN	0.14	0.0	-0.61		0.55	0.64	-0.41	-0.58	-0.69	MODN
PCYG	0.28	0.0	-0.59	0.55		0.35	-0.61	-0.16	-0.89	PCYG
IDXAF	0.05	0.0	-0.64	0.64	0.35		-0.25	-0.9	-0.53	IDXAF
ISDR	-0.32	0.0	0.25	-0.41	-0.61	-0.25		0.07	0.61	ISDR
EGAN	0.06	0.0	0.61	-0.58	-0.16	-0.9	0.07		0.35	EGAN
MIXT	-0.17	0.0	0.66	-0.69	-0.89	-0.53	0.61	0.35		MIXT
	RSSS	RAYT	SSTI	MODN	PCYG	IDXAF	ISDR	EGAN	MIXT

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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

MIXT	+ 0.66	SSTI
IDXAF	+ 0.64	MODN
EGAN	+ 0.61	SSTI
MIXT	+ 0.61	ISDR
PCYG	+ 0.55	MODN
IDXAF	+ 0.35	PCYG

High negative correlations

EGAN	- 0.9	IDXAF
MIXT	- 0.89	PCYG
MIXT	- 0.69	MODN
IDXAF	- 0.64	SSTI
ISDR	- 0.61	PCYG
MODN	- 0.61	SSTI

Risk-Adjusted Indicators

There is a big difference between Semantix Stock performing well and Semantix 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 Semantix'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
RSSS	1.70	0.25	0.11	0.47	1.57	(2.29)	4.60	(3.32)	8.98
RAYT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SSTI	2.77	(0.16)	0.00	(0.12)	0.00	0.00	5.83	(5.05)	20.35
MODN	0.50	0.13	0.04	0.70	0.29	(0.69)	1.01	(0.50)	10.58
PCYG	1.97	0.64	0.22	5.41	1.80	(2.38)	5.27	(3.23)	13.21
IDXAF	3.36	2.13	0.00	(0.50)	0.00	0.00	0.00	0.00	112.50
ISDR	2.78	0.13	(0.01)	(0.32)	2.90	(3.16)	8.57	(4.71)	19.72
EGAN	2.71	(0.73)	0.00	(0.15)	0.00	0.00	5.62	(7.25)	18.26
MIXT	2.00	(0.17)	0.00	(3.42)	0.00	0.00	3.52	(3.34)	12.12

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Risk & Return

Correlation

Semantix Corporate Management

Maurice Mello	Executive Sales	Profile
Andre Frederico	COO America	Profile
Leonardo DAgua	Chairman CoFounder	Profile
Adriano Alcalde	Chief Officer	Profile
Thiago Lima	Chief Officer	Profile
Mathias Santos	Chief Officer	Profile

Still Interested in Semantix?

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