Take Two Correlations

TTWO Stock

USD 207.24 3.23 1.53%

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Take Two moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Take Two Interactive Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Take Two Correlation With Market

Modest diversification

The correlation between Take Two Interactive Software and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Take Two Interactive Software 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 Take Two Interactive Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Moving together with Take Stock

0.75	SOHU	SohuCom	Pair Corr
0.9	T	ATT Inc Sell-off Trend	Pair Corr
0.72	BZ	Kanzhun Ltd ADR	Pair Corr
0.66	IQ	iQIYI Inc	Pair Corr
0.63	KT	KT Corporation	Pair Corr
0.85	SE	Sea	Pair Corr
0.69	TU	Telus Corp	Pair Corr
0.8	VZ	Verizon Communications Sell-off Trend	Pair Corr
0.69	WB	Weibo Corp	Pair Corr
0.63	YY	YY Inc Class	Pair Corr

Moving against Take Stock

0.77	GCL	GCL Global Holdings	Pair Corr
0.73	GMHS	Gamehaus Holdings Class	Pair Corr
0.73	DJCO	Daily Journal Corp	Pair Corr
0.67	GXAI	Gaxosai	Pair Corr
0.61	MYPS	Playstudios	Pair Corr
0.61	TRUG	Trugolf	Pair Corr
0.58	DDI	Doubledown Interactive	Pair Corr
0.58	MSGM	Motorsport Gaming Earnings Call Today	Pair Corr
0.56	BHAT	Blue Hat Interactive	Pair Corr
0.52	PLTK	Playtika Holding Corp Trending	Pair Corr
0.41	GRVY	Gravity	Pair Corr
0.33	GAME	GameSquare Holdings	Pair Corr
0.31	MYPSW	PLAYSTUDIOS	Pair Corr
0.88	WBTN	WEBTOON Entertainment Downward Rally	Pair Corr
0.78	TC	TuanChe ADR	Pair Corr
0.77	ANGHW	Anghami Warrants	Pair Corr
0.57	OB	Outbrain	Pair Corr
0.56	WIMI	WiMi Hologram Cloud	Pair Corr
0.48	WLYB	John Wiley Sons	Pair Corr
0.46	DRCT	Direct Digital Holdings	Pair Corr
0.42	VSME	VS Media Holdings	Pair Corr
0.41	DOYU	DouYu International	Pair Corr

Related Correlations Analysis

	ATVI	NTDOY	NTES	PLTK	EA	RBLX	NTDOF	UBSFY	SKLZ	BILI
ATVI		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	ATVI
NTDOY	0.0		0.67	-0.36	-0.35	-0.02	0.99	0.06	0.11	0.68	NTDOY
NTES	0.0	0.67		-0.12	-0.59	0.29	0.64	-0.23	0.44	0.34	NTES
PLTK	0.0	-0.36	-0.12		-0.36	0.64	-0.35	-0.78	0.7	-0.6	PLTK
EA	0.0	-0.35	-0.59	-0.36		-0.68	-0.34	0.58	-0.78	0.1	EA
RBLX	0.0	-0.02	0.29	0.64	-0.68		-0.03	-0.78	0.82	-0.56	RBLX
NTDOF	0.0	0.99	0.64	-0.35	-0.34	-0.03		0.07	0.11	0.67	NTDOF
UBSFY	0.0	0.06	-0.23	-0.78	0.58	-0.78	0.07		-0.82	0.51	UBSFY
SKLZ	0.0	0.11	0.44	0.7	-0.78	0.82	0.11	-0.82		-0.36	SKLZ
BILI	0.0	0.68	0.34	-0.6	0.1	-0.56	0.67	0.51	-0.36		BILI
	ATVI	NTDOY	NTES	PLTK	EA	RBLX	NTDOF	UBSFY	SKLZ	BILI

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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

NTDOF	+ 0.99	NTDOY
SKLZ	+ 0.82	RBLX
SKLZ	+ 0.7	PLTK
BILI	+ 0.68	NTDOY
NTES	+ 0.67	NTDOY
BILI	+ 0.67	NTDOF

High negative correlations

SKLZ	- 0.82	UBSFY
UBSFY	- 0.78	RBLX
SKLZ	- 0.78	EA
UBSFY	- 0.78	PLTK
RBLX	- 0.68	EA
BILI	- 0.6	PLTK

Risk-Adjusted Indicators

There is a big difference between Take Stock performing well and Take Two 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 Take Two'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
ATVI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NTDOY	1.74	0.35	0.17	0.52	1.79	(2.03)	3.67	(2.39)	11.20
NTES	1.65	0.18	0.10	0.25	1.85	(1.80)	3.75	(3.10)	12.65
PLTK	2.25	(0.26)	0.00	(0.34)	0.00	0.00	4.23	(4.89)	22.34
EA	1.31	(0.01)	0.01	(1.92)	3.14	(1.31)	2.72	(1.82)	17.97
RBLX	1.94	0.07	0.02	0.00	3.07	(1.89)	3.85	(3.72)	15.46
NTDOF	2.43	0.41	0.13	0.41	2.77	(2.51)	4.87	(4.95)	16.42
UBSFY	2.95	0.23	0.06	0.17	3.80	(3.33)	7.60	(5.60)	16.14
SKLZ	3.42	0.14	0.03	0.08	4.69	(3.52)	7.41	(7.35)	27.98
BILI	3.25	0.08	0.02	0.06	3.83	(3.62)	6.36	(5.41)	20.98

Take Two Corporate Management

Matthew Breitman	General VP	Profile
Daniel JD	Executive Officer	Profile
Sam Houser	Pres Games	Profile
Lainie Goldstein	Chief Officer	Profile
Linda Zabriskie	VP Counsel	Profile

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