Generation Essentials Correlations
| TGE Stock | USD 1.35 0.07 5.47% |
The current 90-days correlation between The Generation Essentials and Eltek is 0.04 (i.e., Significant diversification). The correlation of Generation Essentials 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.
Generation Essentials Correlation With Market
Weak diversification
The correlation between The Generation Essentials and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Generation Essentials and DJI in the same portfolio, assuming nothing else is changed.
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Moving together with Generation Stock
Moving against Generation 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
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Risk-Adjusted Indicators
There is a big difference between Generation Stock performing well and Generation Essentials 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 Generation Essentials' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| QH | 6.00 | 0.28 | 0.05 | 0.22 | 6.49 | 21.00 | 65.89 | |||
| SOGP | 4.30 | (0.09) | 0.00 | 0.04 | 4.98 | 10.82 | 37.07 | |||
| GCTS | 3.21 | (0.11) | 0.00 | (2.21) | 0.00 | 6.62 | 35.21 | |||
| ELTK | 1.94 | (0.49) | 0.00 | (0.32) | 0.00 | 3.68 | 21.96 | |||
| SOTK | 1.80 | (0.19) | 0.00 | (4.12) | 0.00 | 3.50 | 12.22 | |||
| ATHR | 2.96 | (0.17) | 0.00 | (0.24) | 0.00 | 7.88 | 25.31 | |||
| MIND | 4.69 | (0.53) | 0.00 | (0.23) | 0.00 | 7.95 | 37.32 | |||
| ZENV | 2.54 | (0.66) | 0.00 | (1.60) | 0.00 | 4.69 | 15.64 | |||
| SAIH | 4.48 | (0.25) | 0.00 | (0.04) | 0.00 | 8.43 | 51.10 |
Generation Essentials Corporate Management
| Samuel Chau | Chief Officer | Profile | |
| Giampietro Baudo | Chief Officer | Profile | |
| Julia Michalska | Global Newspaper | Profile | |
| Benjamin Sutton | EditorInChief Newspaper | Profile |