UBI Blockchain Correlations
| UBIA Stock | USD 0.0001 0.00 0.00% |
The correlation of UBI Blockchain 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.
UBI |
Moving together with UBI Stock
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between UBI Stock performing well and UBI Blockchain 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 UBI Blockchain'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MJDS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TKXHF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MAPT | 2.79 | (1.57) | 0.00 | (1.37) | 0.00 | 0.00 | 75.00 | |||
| OBCN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NCNO | 1.59 | 0.25 | 0.07 | 0.65 | 2.41 | 3.15 | 19.21 | |||
| THNCF | 0.71 | 0.02 | 0.00 | (0.25) | 0.00 | 0.00 | 19.31 | |||
| KLDI | 4.12 | 1.69 | 0.25 | (16.70) | 2.30 | 19.05 | 43.11 | |||
| DASTF | 1.28 | 0.05 | (0.05) | 0.01 | 1.88 | 3.56 | 8.95 | |||
| SNOW | 2.16 | 0.51 | 0.30 | 0.35 | 1.55 | 4.22 | 37.80 | |||
| ZM | 1.55 | 0.29 | 0.13 | 0.40 | 1.88 | 3.43 | 12.08 |
UBI Blockchain Corporate Executives
Elected by the shareholders, the UBI Blockchain's board of directors comprises two types of representatives: UBI Blockchain inside directors who are chosen from within the company, and outside directors, selected externally and held independent of UBI. The board's role is to monitor UBI Blockchain's management team and ensure that shareholders' interests are well served. UBI Blockchain'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, UBI Blockchain's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Chan Cheung | CFO Secretary | Profile |