GEE GROUP Correlations
| 4LU Stock | 0.20 0.01 5.26% |
The correlation of GEE GROUP 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.
GEE GROUP Correlation With Market
Very weak diversification
The correlation between GEE GROUP INC and DJI is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GEE GROUP INC and DJI in the same portfolio, assuming nothing else is changed.
GEE |
The ability to find closely correlated positions to GEE GROUP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GEE GROUP 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 GEE GROUP - 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 GEE GROUP INC to buy it.
Moving together with GEE Stock
| 0.68 | CWT | Curtiss Wright | PairCorr |
| 0.75 | 1SZ0 | Santacruz Silver Mining Split | PairCorr |
| 0.67 | CPA | Colgate Palmolive | PairCorr |
| 0.69 | BSI | BE Semiconductor Ind | PairCorr |
| 0.63 | K34 | Konecranes Plc | PairCorr |
| 0.78 | G40 | GDS Holdings Limited | PairCorr |
| 0.65 | LOR | LOral SA | PairCorr |
| 0.68 | HKT | HK Electric Investments | PairCorr |
| 0.71 | HBC1 | HSBC Holdings plc Earnings Call This Week | PairCorr |
| 0.69 | FPP0 | ALTYNGOLD PLC LS | PairCorr |
| 0.66 | L3X | Centrais Elétricas Earnings Call This Week | PairCorr |
| 0.63 | FV6 | EMMI N Earnings Call This Week | PairCorr |
| 0.71 | TGE1 | MOBILEZONE N | PairCorr |
| 0.79 | ASME | ASML Holding NV | PairCorr |
| 0.72 | TQI | TELECOM ITALIA | PairCorr |
Moving against GEE Stock
| 0.67 | 8CW | Crown Castle Interna | PairCorr |
| 0.53 | 6YG | IMMUNOCORE HLDGS ADS1 Earnings Call This Week | PairCorr |
| 0.45 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.37 | 8LU | TAURUS ENERGY AB | PairCorr |
Related Correlations Analysis
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 GEE Stock performing well and GEE GROUP 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 GEE GROUP'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 2I7 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| 55L | 82.72 | 38.31 | 0.78 | 1.33 | 21.68 | 60.00 | 2,195 | |||
| JMI | 2.92 | 0.73 | 0.17 | 0.87 | 3.43 | 5.92 | 19.55 | |||
| U1P | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| U1P | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PX0 | 9.29 | 1.10 | 0.09 | 0.34 | 10.12 | 13.33 | 140.63 | |||
| 3GRE | 27.99 | 10.62 | 0.18 | (2.81) | 17.92 | 23.21 | 866.39 | |||
| FTD | 1.25 | 0.27 | 0.15 | 3.42 | 1.19 | 2.89 | 10.97 | |||
| RSX | 174.78 | 85.46 | 0.00 | 1.00 | 0.00 | 1,200 | 1,292 |
Be your own money manager
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GEE GROUP Corporate Executives
Elected by the shareholders, the GEE GROUP's board of directors comprises two types of representatives: GEE GROUP inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GEE. The board's role is to monitor GEE GROUP's management team and ensure that shareholders' interests are well served. GEE GROUP'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, GEE GROUP's outside directors are responsible for providing unbiased perspectives on the board's policies.