Firefly Neuroscience, Correlations

AIFF Stock

2.99 0.10 3.24%

The current 90-days correlation between Firefly Neuroscience, and The Hackett Group is 0.04 (i.e., Significant diversification). The correlation of Firefly Neuroscience, 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.

Firefly Neuroscience, Correlation With Market

Significant diversification

The correlation between Firefly Neuroscience, and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Firefly Neuroscience, and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Firefly Neuroscience,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

For more detail on how to invest in Firefly Stock please use our How to Invest in Firefly Neuroscience, guide.

Moving against Firefly Stock

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Related Correlations Analysis

	HCKT	CSPI	FORTY	III
HCKT		0.69	0.58	0.8	HCKT
CSPI	0.69		0.56	0.84	CSPI
FORTY	0.58	0.56		0.51	FORTY
III	0.8	0.84	0.51		III
	HCKT	CSPI	FORTY	III

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Risk-Adjusted Indicators

There is a big difference between Firefly Stock performing well and Firefly Neuroscience, 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 Firefly Neuroscience,'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
HCKT	1.30	0.17	0.23	0.21	0.82	(1.61)	2.61	(1.72)	19.63
CSPI	2.51	0.54	0.18	0.56	2.60	(2.86)	5.14	(4.46)	31.02
FORTY	1.81	0.26	0.03	(1.04)	2.39	(2.37)	3.76	(4.95)	14.81
III	1.40	0.23	0.10	1.23	1.20	(1.86)	3.21	(2.48)	9.25

Firefly Neuroscience, Corporate Management

Gil Issachar	Chief Officer	Profile
Jason DuBraski	Vice Sales	Profile
Samer MD	Chief Officer	Profile
Stephen Purcell	Chief Officer	Profile
Paul CPA	Chief Officer	Profile

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