Interactive Strength Correlations

TRNR Stock

1.90 0.14 6.86%

The correlation of Interactive Strength 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.

Interactive Strength Correlation With Market

Good diversification

The correlation between Interactive Strength Common and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Interactive Strength Common 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 Interactive Strength Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with Interactive Stock

0.7	WEN	The Wendys Earnings Call Next Week	Pair Corr
0.63	PZZA	Papa Johns International	Pair Corr
0.77	LI	Li Auto	Pair Corr
0.72	FEDU	Four Seasons Education	Pair Corr
0.81	NIO	Nio Class A	Pair Corr
0.7	PDD	PDD Holdings	Pair Corr

Moving against Interactive Stock

0.9	BROS	Dutch Bros	Pair Corr
0.77	EEIQ	Elite Education Group	Pair Corr
0.61	DRI	Darden Restaurants	Pair Corr
0.39	TM	Toyota Motor	Pair Corr
0.35	W	Wayfair	Pair Corr
0.33	DPZ	Dominos Pizza Common	Pair Corr
0.33	HD	Home Depot	Pair Corr
0.84	UTI	Universal Technical	Pair Corr
0.78	GLBE	Global E Online	Pair Corr
0.49	ETSY	Etsy Inc	Pair Corr
0.4	XPEV	Xpeng Inc Aggressive Push	Pair Corr

Related Correlations Analysis

	HTBI	INVH	MAHN	ONL	ADUS	STGW	ESHSF	NCMI
HTBI		0.57	0.0	0.49	-0.36	0.78	0.0	0.31	HTBI
INVH	0.57		0.0	0.17	-0.58	0.83	0.0	0.44	INVH
MAHN	0.0	0.0		0.0	0.0	0.0	0.0	0.0	MAHN
ONL	0.49	0.17	0.0		-0.01	0.35	0.0	0.03	ONL
ADUS	-0.36	-0.58	0.0	-0.01		-0.54	0.0	-0.32	ADUS
STGW	0.78	0.83	0.0	0.35	-0.54		0.0	0.39	STGW
ESHSF	0.0	0.0	0.0	0.0	0.0	0.0		0.0	ESHSF
NCMI	0.31	0.44	0.0	0.03	-0.32	0.39	0.0		NCMI
	HTBI	INVH	MAHN	ONL	ADUS	STGW	ESHSF	NCMI

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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

STGW	+ 0.83	INVH
STGW	+ 0.78	HTBI
INVH	+ 0.57	HTBI
ONL	+ 0.49	HTBI
NCMI	+ 0.44	INVH
NCMI	+ 0.39	STGW

High negative correlations

ADUS	- 0.58	INVH
STGW	- 0.54	ADUS
ADUS	- 0.36	HTBI
NCMI	- 0.32	ADUS
ADUS	- 0.01	ONL
NCMI	- 0.0	ESHSF

Risk-Adjusted Indicators

There is a big difference between Interactive Stock performing well and Interactive Strength 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 Interactive Strength'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
HTBI	1.51	0.14	0.06	0.30	1.65	(1.79)	2.80	(2.27)	18.89
INVH	0.97	(0.12)	0.00	(0.32)	0.00	0.00	1.77	(2.22)	5.84
MAHN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ONL	1.63	0.10	0.03	0.23	1.87	(1.88)	3.78	(2.94)	11.48
ADUS	1.43	(0.02)	0.00	0.27	0.00	0.00	2.76	(3.15)	9.95
STGW	1.85	(0.03)	(0.01)	0.04	1.99	(2.16)	4.67	(3.47)	11.44
ESHSF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NCMI	1.81	(0.12)	0.00	(0.20)	0.00	0.00	3.68	(3.53)	13.08

Interactive Strength Corporate Executives

Elected by the shareholders, the Interactive Strength's board of directors comprises two types of representatives: Interactive Strength inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Interactive. The board's role is to monitor Interactive Strength's management team and ensure that shareholders' interests are well served. Interactive Strength's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Interactive Strength's outside directors are responsible for providing unbiased perspectives on the board's policies.

Trent Ward

Chairperson, CoFounder

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