Treasure Global Correlations

TGL Stock

USD 0.42 0.09 27.27%

The current 90-days correlation between Treasure Global and Cleartronic is 0.02 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Treasure Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Treasure Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Treasure Global Correlation With Market

Significant diversification

The correlation between Treasure Global and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Treasure Global and DJI in the same portfolio, assuming nothing else is changed.

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

For more information on how to buy Treasure Stock please use our How to buy in Treasure Stock guide.

Moving together with Treasure Stock

0.8	VTEX	VTEX	Pair Corr
0.62	ELCO	Elcom International	Pair Corr

Moving against Treasure Stock

0.84	EB	Eventbrite Class A	Pair Corr
0.76	DOMO	Domo Inc Earnings Call Tomorrow	Pair Corr
0.72	ML	MoneyLion	Pair Corr
0.71	ZM	Zoom Video Communications	Pair Corr
0.7	DJCO	Daily Journal Corp	Pair Corr
0.65	DV	DoubleVerify Holdings	Pair Corr
0.61	WK	Workiva	Pair Corr
0.59	DOCU	DocuSign Earnings Call Next Week	Pair Corr
0.55	AI	C3 Ai Inc Earnings Call This Week	Pair Corr
0.5	PD	Pagerduty Earnings Call Tomorrow	Pair Corr
0.46	KC	Kingsoft Cloud Holdings Upward Rally	Pair Corr
0.45	BL	Blackline	Pair Corr
0.43	ZI	ZoomInfo Technologies	Pair Corr
0.71	DTRK	DATATRAK International	Pair Corr
0.69	VMEO	Vimeo Inc	Pair Corr
0.66	EGHT	8x8 Common Stock	Pair Corr
0.64	VERX	Vertex	Pair Corr
0.59	DSGX	Descartes Systems Earnings Call This Week	Pair Corr
0.58	DUOT	Duos Technologies	Pair Corr
0.44	DIDIY	Didi Global ADR	Pair Corr
0.41	ELWS	Earlyworks Co, Upward Rally	Pair Corr
0.34	DUOL	Duolingo	Pair Corr
0.65	APP	Applovin Corp	Pair Corr
0.61	EXFY	Expensify	Pair Corr

Related Correlations Analysis

	SSTI	ENFN	CLRI	OTMO	KSPN	LYT	GVP	AUUD	OLB
SSTI		-0.44	0.64	0.58	-0.03	0.07	-0.56	0.79	0.13	SSTI
ENFN	-0.44		-0.47	-0.83	-0.47	-0.22	0.71	-0.76	-0.11	ENFN
CLRI	0.64	-0.47		0.5	-0.04	0.01	-0.67	0.72	0.06	CLRI
OTMO	0.58	-0.83	0.5		0.52	0.3	-0.67	0.83	0.31	OTMO
KSPN	-0.03	-0.47	-0.04	0.52		0.54	-0.39	0.31	0.68	KSPN
LYT	0.07	-0.22	0.01	0.3	0.54		-0.21	0.31	0.46	LYT
GVP	-0.56	0.71	-0.67	-0.67	-0.39	-0.21		-0.78	-0.43	GVP
AUUD	0.79	-0.76	0.72	0.83	0.31	0.31	-0.78		0.28	AUUD
OLB	0.13	-0.11	0.06	0.31	0.68	0.46	-0.43	0.28		OLB
	SSTI	ENFN	CLRI	OTMO	KSPN	LYT	GVP	AUUD	OLB

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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

AUUD	+ 0.83	OTMO
AUUD	+ 0.79	SSTI
AUUD	+ 0.72	CLRI
GVP	+ 0.71	ENFN
OLB	+ 0.68	KSPN
CLRI	+ 0.64	SSTI

High negative correlations

OTMO	- 0.83	ENFN
AUUD	- 0.78	GVP
AUUD	- 0.76	ENFN
GVP	- 0.67	OTMO
GVP	- 0.67	CLRI
GVP	- 0.56	SSTI

Risk-Adjusted Indicators

There is a big difference between Treasure Stock performing well and Treasure Global 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 Treasure Global'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
SSTI	2.81	(0.36)	0.00	(0.06)	0.00	0.00	5.83	(5.05)	20.35
ENFN	1.62	0.18	0.12	0.27	1.56	(1.95)	3.93	(2.90)	10.11
CLRI	3.04	(0.05)	0.00	0.09	0.00	0.00	6.03	0.00	114.88
OTMO	2.77	(0.45)	0.00	(0.43)	0.00	0.00	4.55	(6.25)	15.26
KSPN	8.14	(0.17)	0.00	0.21	0.00	0.00	21.05	(13.33)	58.71
LYT	3.44	(0.21)	0.00	(0.24)	0.00	0.00	6.55	(5.66)	28.63
GVP	1.87	0.68	0.28	(10.98)	1.10	(2.62)	2.68	(2.25)	48.54
AUUD	4.06	(0.65)	0.00	1.10	0.00	0.00	8.77	(8.20)	49.98
OLB	5.97	(0.45)	0.00	(0.17)	0.00	0.00	14.45	(12.03)	43.35

Treasure Global Corporate Management

Voon Hoo	Chairman MD	Profile
Yee Chan	Chief Officer	Profile
Chen Sam	Chief Officer	Profile
Ching Chai	Chief Officer	Profile

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