Geron Co Correlations

002722 Stock   16.11  0.04  0.25%   
The current 90-days correlation between Geron Co and AVCON Information Tech is 0.27 (i.e., Modest diversification). The correlation of Geron Co 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.

Geron Co Correlation With Market

Significant diversification

The correlation between Geron Co 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 Geron Co and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Geron Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Geron Co 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 Geron Co - 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 Geron Co to buy it.

Moving together with Geron Stock

  0.68688103 Kunshan Guoli ElectronicPairCorr
  0.62600386 Beijing Bashi MediaPairCorr
  0.67603819 Changzhou Shenli ElePairCorr
  0.64300368 Hebei Huijin ElectroPairCorr
  0.74301365 Matrix DesignPairCorr
  0.66000425 XCMG ConstructionPairCorr
  0.74601698 China Satellite CommPairCorr
  0.76300578 BizConf TelecomPairCorr
  0.74688558 Nantong Guosheng IntPairCorr
  0.77688013 Touchstone InternationalPairCorr
  0.71300171 Shanghai Tofflon SciencePairCorr

Moving against Geron Stock

  0.57600938 CNOOC LimitedPairCorr
  0.54601857 PetroChinaPairCorr
  0.42601169 Bank of Beijing Co LtdPairCorr
  0.32600941 China Mobile LimitedPairCorr
  0.4600368 Guangxi Wuzhou CommuPairCorr
  0.37688256 Cambricon TechnologiesPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Geron Stock performing well and Geron Co 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 Geron Co'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Geron Co 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.

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Geron Co Corporate Executives

Elected by the shareholders, the Geron Co's board of directors comprises two types of representatives: Geron Co inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Geron. The board's role is to monitor Geron Co's management team and ensure that shareholders' interests are well served. Geron Co'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, Geron Co's outside directors are responsible for providing unbiased perspectives on the board's policies.
Hai ZhouFinancial CFOProfile