Ag Growth Correlations
AGGZF Stock | USD 37.77 0.15 0.40% |
The current 90-days correlation between Ag Growth International and Element Solutions is 0.15 (i.e., Average diversification). The correlation of Ag Growth 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.
Ag Growth Correlation With Market
Average diversification
The correlation between Ag Growth International and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ag Growth International and DJI in the same portfolio, assuming nothing else is changed.
AGGZF |
The ability to find closely correlated positions to Ag Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ag Growth 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 Ag Growth - 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 Ag Growth International to buy it.
Moving together with AGGZF Pink Sheet
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Moving against AGGZF Pink Sheet
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Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between AGGZF Pink Sheet performing well and Ag Growth 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 Ag Growth'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
ESI | 1.29 | 0.08 | 0.06 | 0.20 | 1.30 | 3.77 | 11.06 | |||
OEC | 2.21 | (0.19) | (0.01) | 0.04 | 2.56 | 5.81 | 15.71 | |||
MTX | 1.31 | (0.06) | 0.04 | 0.09 | 1.30 | 2.94 | 11.90 | |||
NGVT | 3.02 | 0.21 | 0.12 | 0.20 | 2.79 | 8.28 | 21.33 | |||
HWKN | 1.67 | (0.12) | 0.00 | 0.06 | 2.48 | 3.27 | 12.56 | |||
CRKN | 4.36 | (1.66) | 0.00 | (7.00) | 0.00 | 7.87 | 35.24 | |||
CMT | 1.92 | (0.25) | (0.06) | 0.00 | 2.14 | 3.97 | 13.85 | |||
BCPC | 1.11 | (0.02) | 0.00 | 0.10 | 1.26 | 2.64 | 8.32 | |||
NEU | 1.14 | (0.19) | 0.00 | (0.02) | 0.00 | 2.47 | 10.57 | |||
REX | 1.58 | (0.18) | (0.06) | 0.00 | 2.19 | 3.13 | 10.87 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ag Growth 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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Ag Growth Corporate Management
Dan Donner | Sr. VP of Sales and Marketing | Profile | |
Noam Silberstein | Sr Devel | Profile | |
Paul Householder | Pres CEO | Profile | |
David Postill | VP Experience | Profile | |
Ron Braun | VP Farm | Profile | |
Ryan Kipp | Gen Legal | Profile | |
Marie McKeegan | VP HR | Profile |