Stinger Systems Correlations
| STYS Stock | USD 0.0001 0.00 0.00% |
The correlation of Stinger Systems 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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stinger Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. Moving together with Stinger Stock
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
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Risk-Adjusted Indicators
There is a big difference between Stinger Stock performing well and Stinger Systems 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 Stinger Systems' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ENCR | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AAIIQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| UMAV | 11.15 | (1.52) | 0.00 | 0.42 | 0.00 | 25.00 | 58.33 | |||
| AHII | 4.74 | 0.78 | 0.00 | 1.53 | 0.00 | 0.00 | 150.00 | |||
| ALCN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PPMT | 9.23 | 4.43 | 0.00 | 1.53 | 0.00 | 0.00 | 300.00 | |||
| TURA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GETH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TCGN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ZEVY | 31.29 | 16.82 | 0.00 | (0.45) | 0.00 | 0.00 | 1,099 |
Stinger Systems Corporate Executives
Elected by the shareholders, the Stinger Systems' board of directors comprises two types of representatives: Stinger Systems inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Stinger. The board's role is to monitor Stinger Systems' management team and ensure that shareholders' interests are well served. Stinger Systems' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Stinger Systems' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brian Gannon | CFO, Principal Accounting Officer and Financial Controller | Profile |