VNET Group Correlations

VNET Group Correlation With Market

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VNET Group DRC. 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.

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 IPGP + 0.9 AVT BL + 0.89 PAY BL + 0.89 PSFE DOCN + 0.85 AVT PSFE + 0.8 PAY IPGP + 0.79 DOCN

High negative correlations IPGP - 0.94 BL AVT - 0.94 BL AVT - 0.88 PAY AVT - 0.85 PSFE IPGP - 0.84 PSFE DOCN - 0.83 PAY

Risk-Adjusted Indicators

There is a big difference between VNET Stock performing well and VNET Group 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 VNET Group'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.