Sciplay Corp Correlations
| SCPLDelisted Stock | USD 19.49 0.02 0.10% |
The current 90-days correlation between Sciplay Corp and SohuCom is -0.02 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sciplay Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sciplay Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Sciplay Corp Correlation With Market
Significant diversification
The correlation between Sciplay Corp and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sciplay Corp and DJI in the same portfolio, assuming nothing else is changed.
Sciplay |
Moving together with Sciplay Stock
| 0.93 | SSNLF | Samsung Electronics | PairCorr |
| 0.79 | PTAIF | PT Astra International | PairCorr |
| 0.75 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.69 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.78 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.76 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.67 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.71 | HD | Home Depot | PairCorr |
| 0.66 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.65 | HPQ | HP Inc | PairCorr |
Moving against Sciplay Stock
| 0.76 | BKRKY | Bank Rakyat | PairCorr |
| 0.74 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.73 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.7 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.7 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.64 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.58 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.51 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.42 | PTAIY | Astra International Tbk | PairCorr |
| 0.42 | PBCRY | Bank Central Asia | PairCorr |
| 0.37 | PG | Procter Gamble Sell-off Trend | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Sciplay Stock performing well and Sciplay Corp 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 Sciplay Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SOHU | 1.81 | (0.26) | 0.00 | (0.47) | 0.00 | 4.13 | 13.26 | |||
| SNAL | 6.40 | 0.68 | 0.05 | (0.54) | 6.76 | 14.87 | 86.41 | |||
| MYPS | 2.32 | 0.21 | 0.09 | 0.26 | 2.66 | 6.17 | 14.58 | |||
| PLTK | 1.18 | 0.07 | 0.03 | 0.21 | 1.24 | 2.33 | 7.19 | |||
| DDI | 2.59 | (0.09) | (0.02) | 0.05 | 3.39 | 4.94 | 22.06 | |||
| GDEV | 4.70 | 0.12 | (0.01) | (0.29) | 5.83 | 12.14 | 51.31 | |||
| GRVY | 1.82 | 0.09 | 0.01 | 0.31 | 1.87 | 4.22 | 16.19 | |||
| NTES | 2.03 | 0.15 | 0.02 | 1.43 | 2.29 | 4.88 | 13.73 | |||
| GMGI | 3.88 | (0.16) | (0.02) | 0.03 | 4.77 | 9.16 | 29.74 | |||
| GAME | 3.99 | (0.33) | 0.00 | (0.01) | 0.00 | 7.25 | 50.00 |
Sciplay Corp 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 Sciplay Corp stock to make a market-neutral strategy. Peer analysis of Sciplay Corp could also be used in its relative valuation, which is a method of valuing Sciplay Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sciplay Corp Corporate Management
| Daniel OQuinn | VP Officer | Profile | |
| James Bombassei | Exec Relations | Profile | |
| Jim Thompson | Chief Officer | Profile | |
| Michael Winterscheidt | Consultant | Profile | |
| Robert Gustafson | G Counsel | Profile | |
| Forrest Stowe | Chief Officer | Profile | |
| Kimber Dall | VP Operations | Profile |
Still Interested in Sciplay Corp?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.