AirBoss Of Correlations
| ABSSF Stock | USD 2.87 0.02 0.70% |
The current 90-days correlation between AirBoss of America and Akzo Nobel NV is -0.14 (i.e., Good diversification). The correlation of AirBoss Of 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.
AirBoss Of Correlation With Market
Good diversification
The correlation between AirBoss of America and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AirBoss of America and DJI in the same portfolio, assuming nothing else is changed.
AirBoss |
The ability to find closely correlated positions to AirBoss Of could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AirBoss Of 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 AirBoss Of - 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 AirBoss of America to buy it.
Moving together with AirBoss OTC Stock
| 0.69 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.7 | KO | Coca Cola Aggressive Push | PairCorr |
Moving against AirBoss OTC Stock
| 0.69 | SMFG | Sumitomo Mitsui Financial | PairCorr |
| 0.68 | JPHLF | Japan Post Holdings | PairCorr |
| 0.64 | MUFG | Mitsubishi UFJ Financial Sell-off Trend | PairCorr |
| 0.63 | MFG | Mizuho Financial | PairCorr |
| 0.61 | MZHOF | Mizuho Financial Normal Trading | PairCorr |
| 0.58 | SMFNF | Sumitomo Mitsui Financial | PairCorr |
| 0.52 | ATCOL | Atlas Corp | PairCorr |
| 0.42 | KB | KB Financial Group | PairCorr |
| 0.38 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.61 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.43 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.36 | WMT | Walmart Aggressive Push | PairCorr |
| 0.33 | HPQ | HP Inc | PairCorr |
Related Correlations Analysis
| -0.38 | 0.19 | 0.36 | 0.0 | -0.72 | 0.0 | AKZOF | ||
| -0.38 | -0.2 | -0.09 | 0.0 | 0.3 | 0.0 | AVOA | ||
| 0.19 | -0.2 | 0.7 | 0.0 | 0.13 | 0.0 | ASGLY | ||
| 0.36 | -0.09 | 0.7 | 0.0 | 0.17 | 0.0 | ARKAY | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ACRB | ||
| -0.72 | 0.3 | 0.13 | 0.17 | 0.0 | 0.0 | ARKAF | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | IRLCF | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between AirBoss OTC Stock performing well and AirBoss Of OTC Stock 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 AirBoss Of'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AKZOF | 0.65 | (0.05) | 0.00 | 0.04 | 0.00 | 2.13 | 19.11 | |||
| AVOA | 1.53 | 0.18 | 0.00 | (0.07) | 2.99 | 0.00 | 32.72 | |||
| ASGLY | 1.58 | 0.01 | (0.06) | 0.03 | 1.92 | 4.96 | 12.03 | |||
| ARKAY | 1.46 | (0.32) | 0.00 | (0.21) | 0.00 | 3.17 | 10.23 | |||
| ACRB | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ARKAF | 0.12 | (0.08) | 0.00 | (1.88) | 0.00 | 0.00 | 4.14 | |||
| IRLCF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in AirBoss Of 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.Did you try this?
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AirBoss Of Corporate Management
Elected by the shareholders, the AirBoss Of's board of directors comprises two types of representatives: AirBoss Of inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AirBoss. The board's role is to monitor AirBoss Of's management team and ensure that shareholders' interests are well served. AirBoss Of'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, AirBoss Of's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christopher Laycoe | VP Products | Profile | |
| Patrick Callahan | Chief Group | Profile | |
| Scott Lieberman | VP Devel | Profile | |
| Peter Schoch | NonIndependent CEO | Profile | |
| Frank Ientile | CFO Treasurer | Profile | |
| Morris Eddy | VP HR | Profile | |
| Chris Figel | Gen VP | Profile |