Sol Strategies Correlations
| STKE Stock | 1.32 0.11 7.69% |
The current 90-days correlation between Sol Strategies Common and Dominari Holdings is 0.24 (i.e., Modest diversification). The correlation of Sol Strategies 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.
Sol Strategies Correlation With Market
Excellent diversification
The correlation between Sol Strategies Common and DJI is -0.51 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sol Strategies Common and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Sol Stock
Moving against Sol Stock
| 0.67 | SCHW | Charles Schwab Corp | PairCorr |
| 0.62 | PTITF | PT Indosat Tbk | PairCorr |
| 0.6 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.58 | GS | Goldman Sachs Group | PairCorr |
| 0.58 | MS-PK | Morgan Stanley | PairCorr |
| 0.56 | KEP | Korea Electric Power | PairCorr |
| 0.52 | MS | Morgan Stanley | PairCorr |
| 0.48 | EC | Ecopetrol SA ADR | PairCorr |
| 0.78 | TSBK | Timberland Bancorp | PairCorr |
| 0.65 | DALXF | Spartan Delta Corp | PairCorr |
| 0.6 | KDK | Kodiak AI Common Symbol Change | PairCorr |
| 0.59 | 06407EAE5 | BZLNZ 2285 27 | PairCorr |
| 0.59 | ISFFF | ISS A/S | PairCorr |
| 0.58 | BK | Bank of New York | PairCorr |
| 0.54 | DISPF | Disco Tech Boost | PairCorr |
| 0.52 | GOOG | Alphabet Class C | PairCorr |
| 0.44 | TYGO | Tigo Energy Earnings Call Today | PairCorr |
| 0.42 | ENDMF | Enduro Metals | PairCorr |
| 0.79 | RNR | Renaissancere Holdings | PairCorr |
| 0.76 | MAZE | Maze Therapeutics Common | PairCorr |
| 0.71 | YDDL | One and One | PairCorr |
| 0.69 | ISSC | Innovative Solutions and Earnings Call Tomorrow | PairCorr |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Sol Stock performing well and Sol Strategies 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 Sol Strategies' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OFS | 2.28 | (0.19) | 0.00 | (1.89) | 0.00 | 4.63 | 17.27 | |||
| GRAN | 5.31 | (0.14) | (0.01) | 0.01 | 5.98 | 11.31 | 55.88 | |||
| HNNA | 1.29 | 0.06 | 0.00 | 0.22 | 1.82 | 2.45 | 10.41 | |||
| SSEA | 0.07 | 0.00 | (0.35) | 0.00 | 0.00 | 0.30 | 0.70 | |||
| DAIC | 6.72 | (2.72) | 0.00 | (1.80) | 0.00 | 8.39 | 55.68 | |||
| GECC | 1.63 | (0.21) | 0.00 | (0.13) | 0.00 | 2.77 | 9.09 | |||
| DOMH | 3.69 | (0.30) | 0.00 | (0.03) | 0.00 | 8.27 | 24.97 | |||
| PFX | 1.65 | (0.09) | 0.00 | 0.23 | 0.00 | 3.58 | 12.44 |
Sol Strategies Corporate Management
| Jeremy Budd | Corporate Secretary | Profile | |
| CFA Ragozzino | Investor Contact | Profile | |
| Andrew McDonald | Chief Officer | Profile | |
| Max Kaplan | Chief Officer | Profile | |
| John Ragozzino | Investor Contact | Profile |