Creative Realities Correlations
| CREXWDelisted Stock | USD 0.01 0 40.86% |
The current 90-days correlation between Creative Realities and ToughBuilt Industries WT is 0.01 (i.e., Significant diversification). The correlation of Creative Realities 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Creative Realities Correlation With Market
Good diversification
The correlation between Creative Realities WT and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Creative Realities WT and DJI in the same portfolio, assuming nothing else is changed.
Creative |
Moving against Creative Stock
| 0.5 | SSNLF | Samsung Electronics | PairCorr |
| 0.49 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
| 0.39 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.33 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.32 | AXP | American Express Sell-off Trend | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Creative Stock performing well and Creative Realities 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 Creative Realities' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VERBW | 18.74 | 2.00 | 0.10 | 0.69 | 18.13 | 52.17 | 171.86 | |||
| ENTXW | 37.20 | 7.79 | 0.19 | (1.13) | 30.23 | 135.48 | 266.82 | |||
| IMACW | 45.76 | 16.73 | 0.44 | (15.76) | 26.50 | 166.67 | 707.09 | |||
| ADILW | 25.83 | 4.80 | 0.11 | (0.50) | 25.95 | 95.66 | 199.49 | |||
| TBLTW | 7.70 | 0.35 | 0.02 | 0.68 | 10.09 | 22.50 | 90.48 |
Creative Realities Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Creative Realities stock to make a market-neutral strategy. Peer analysis of Creative Realities could also be used in its relative valuation, which is a method of valuing Creative Realities by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Creative Realities WT?
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