SeaWorld Entertainment Correlations
| W2L Stock | EUR 30.00 0.80 2.74% |
The current 90-days correlation between SeaWorld Entertainment and Samsung Electronics Co is 0.03 (i.e., Significant diversification). The correlation of SeaWorld Entertainment 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.
SeaWorld Entertainment Correlation With Market
Poor diversification
The correlation between SeaWorld Entertainment and DJI is 0.61 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SeaWorld Entertainment and DJI in the same portfolio, assuming nothing else is changed.
SeaWorld |
The ability to find closely correlated positions to SeaWorld Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SeaWorld Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SeaWorld Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SeaWorld Entertainment to buy it.
Moving together with SeaWorld Stock
| 0.67 | TM2 | Sydbank A/S Earnings Call This Week | PairCorr |
| 0.72 | IRV | Integra Resources Corp | PairCorr |
| 0.62 | RH7 | RYMAN HEALTHCAR | PairCorr |
| 0.61 | LOR | LOral SA | PairCorr |
| 0.63 | GLJ | GRENKELEASING | PairCorr |
| 0.68 | 1SZ0 | Santacruz Silver Mining Split | PairCorr |
Moving against SeaWorld Stock
| 0.63 | 5F3 | JINS HOLDINGS INC | PairCorr |
| 0.44 | SON1 | Sony Group Corp | PairCorr |
| 0.36 | KMY | Kimberly Clark | PairCorr |
| 0.63 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.45 | 8LU | TAURUS ENERGY AB | PairCorr |
Related Correlations Analysis
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
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Risk-Adjusted Indicators
There is a big difference between SeaWorld Stock performing well and SeaWorld Entertainment 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 SeaWorld Entertainment'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PQ9 | 0.68 | 0.13 | 0.00 | 0.97 | 0.00 | 4.55 | 9.31 | |||
| PQ9 | 0.87 | 0.09 | 0.00 | 0.53 | 0.00 | 4.00 | 24.58 | |||
| PQ9 | 4.85 | 0.32 | 0.04 | 0.17 | 5.73 | 17.39 | 40.26 | |||
| PQ9 | 2.61 | 0.41 | 0.06 | 3.01 | 2.80 | 5.00 | 26.79 | |||
| BKE1 | 2.51 | 0.09 | 0.01 | 0.14 | 3.41 | 5.00 | 37.50 | |||
| BKE1 | 1.14 | 0.25 | 0.00 | (3.94) | 0.00 | 0.00 | 29.17 | |||
| SSUN | 2.50 | 0.80 | 0.26 | (1.12) | 2.22 | 6.10 | 13.83 | |||
| SSUN | 2.60 | 0.75 | 0.26 | 0.92 | 2.27 | 6.04 | 14.94 | |||
| SSU | 2.95 | 0.84 | 0.30 | 1.85 | 2.34 | 7.66 | 15.03 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in SeaWorld Entertainment without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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SeaWorld Entertainment Corporate Management
Elected by the shareholders, the SeaWorld Entertainment's board of directors comprises two types of representatives: SeaWorld Entertainment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SeaWorld. The board's role is to monitor SeaWorld Entertainment's management team and ensure that shareholders' interests are well served. SeaWorld Entertainment'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, SeaWorld Entertainment's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Marc Swanson | Chief Accounting Officer | Profile | |
| Anthony Esq | Gen Officer | Profile | |
| Daniel Mayer | Interim Officer | Profile | |
| Bradley Gilmour | Park Cove | Profile | |
| Kyle Miller | CoChief Officer | Profile | |
| Christopher DVM | Chief Officer | Profile |