Roth CH Correlations

ROCL Stock

USD 11.32 0.03 0.27%

The current 90-days correlation between Roth CH Acquisition and Morningstar Unconstrained Allocation is 0.11 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Roth CH moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Roth CH Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roth CH Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Roth Stock

0.66	BX	Blackstone Group Fiscal Year End 23rd of January 2025	Pair Corr
0.62	BEN	Franklin Resources	Pair Corr
0.61	KKR	KKR Co LP Normal Trading	Pair Corr
0.61	CNNE	Cannae Holdings	Pair Corr
0.66	V	Visa Class A	Pair Corr
0.65	AX	Axos Financial	Pair Corr
0.66	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.64	GS	Goldman Sachs Group Sell-off Trend	Pair Corr
0.64	LC	LendingClub Corp	Pair Corr

Moving against Roth Stock

0.4	EG	Everest Group	Pair Corr
0.64	WU	Western Union	Pair Corr
0.5	XP	Xp Inc Downward Rally	Pair Corr
0.41	TD	Toronto Dominion Bank Earnings Call This Week	Pair Corr
0.39	IX	Orix Corp Ads	Pair Corr
0.33	RM	Regional Management Corp	Pair Corr
0.32	WF	Woori Financial Group	Pair Corr

Related Correlations Analysis

	PLAOU	AAVXF	IPSHX	MSTSX	ID	SCAXF	KNF	CIRAX	SEIC	GSHD
PLAOU		0.0	0.38	0.39	0.46	-0.12	0.57	0.12	0.51	0.5	PLAOU
AAVXF	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	AAVXF
IPSHX	0.38	0.0		0.56	0.86	-0.65	0.87	0.15	0.93	0.9	IPSHX
MSTSX	0.39	0.0	0.56		0.46	-0.02	0.67	0.82	0.42	0.33	MSTSX
ID	0.46	0.0	0.86	0.46		-0.67	0.83	0.11	0.81	0.83	ID
SCAXF	-0.12	0.0	-0.65	-0.02	-0.67		-0.46	0.35	-0.63	-0.68	SCAXF
KNF	0.57	0.0	0.87	0.67	0.83	-0.46		0.33	0.86	0.83	KNF
CIRAX	0.12	0.0	0.15	0.82	0.11	0.35	0.33		-0.05	-0.13	CIRAX
SEIC	0.51	0.0	0.93	0.42	0.81	-0.63	0.86	-0.05		0.98	SEIC
GSHD	0.5	0.0	0.9	0.33	0.83	-0.68	0.83	-0.13	0.98		GSHD
	PLAOU	AAVXF	IPSHX	MSTSX	ID	SCAXF	KNF	CIRAX	SEIC	GSHD

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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

GSHD	+ 0.98	SEIC
SEIC	+ 0.93	IPSHX
GSHD	+ 0.9	IPSHX
KNF	+ 0.87	IPSHX
ID	+ 0.86	IPSHX
SEIC	+ 0.86	KNF

High negative correlations

GSHD	- 0.68	SCAXF
SCAXF	- 0.67	ID
SCAXF	- 0.65	IPSHX
SEIC	- 0.63	SCAXF
KNF	- 0.46	SCAXF
GSHD	- 0.13	CIRAX

Risk-Adjusted Indicators

There is a big difference between Roth Stock performing well and Roth CH 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 Roth CH'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
PLAOU	0.15	0.02	0.00	(0.07)	0.00	0.00	0.00	0.00	6.70
AAVXF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IPSHX	0.55	0.03	0.02	0.15	0.45	(0.68)	1.13	(0.98)	3.97
MSTSX	0.49	(0.04)	(0.13)	0.06	0.52	(0.61)	1.21	(1.02)	2.80
ID	3.77	0.53	0.10	0.68	4.01	(5.10)	7.69	(6.67)	20.54
SCAXF	0.70	(0.41)	0.00	(0.98)	0.00	0.00	0.00	0.00	23.47
KNF	1.55	0.21	0.13	0.23	1.90	(1.62)	2.77	(2.46)	12.78
CIRAX	0.34	(0.05)	(0.26)	0.00	0.43	(0.34)	0.66	(0.82)	1.81
SEIC	0.81	0.21	0.19	0.37	0.57	(0.95)	1.57	(1.56)	7.23
GSHD	1.67	0.61	0.41	1.00	0.83	(2.15)	5.06	(2.22)	14.35

Roth CH Corporate Management

Andrew Costa	CoChief Officer	Profile
Matthew Day	CoChief Officer	Profile
Ryan Hultstrand	CoChief Officer	Profile
Joseph Tonnos	Chief Officer	Profile
John Lipman	CoCEO CoChairman	Profile
Gordon CPA	Chief Officer	Profile
Byron BBA	CoCEO CoChairman	Profile

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