All In Correlations

ALG Stock

1.10 0.06 5.77%

The current 90-days correlation between All In Games and Ultimate Games SA is -0.01 (i.e., Good diversification). The correlation of All In 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. If the correlation is 0, the equities are not correlated; they are entirely random.

All In Correlation With Market

Significant diversification

The correlation between All In Games and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding All In Games and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to All In could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace All In 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 All In - 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 All In Games to buy it.

Moving together with All Stock

0.62

11B

11 bit studios

Pair Corr

Moving against All Stock

0.45	CDR	CD PROJEKT SA	Pair Corr
0.4	EDI	ED Invest SA	Pair Corr

Related Correlations Analysis

	CDR	PLW	11B	TEN	CIG	MOV	ULG	ALG	GIF	VVD
CDR		0.62	-0.77	-0.58	0.12	-0.17	-0.69	-0.45	-0.01	-0.4	CDR
PLW	0.62		-0.44	-0.22	0.61	0.46	-0.35	-0.23	0.55	-0.01	PLW
11B	-0.77	-0.44		0.82	0.21	0.23	0.88	0.62	0.17	0.46	11B
TEN	-0.58	-0.22	0.82		0.41	0.33	0.76	0.47	0.31	0.51	TEN
CIG	0.12	0.61	0.21	0.41		0.82	0.29	0.03	0.6	0.29	CIG
MOV	-0.17	0.46	0.23	0.33	0.82		0.3	0.0	0.6	0.3	MOV
ULG	-0.69	-0.35	0.88	0.76	0.29	0.3		0.49	0.24	0.45	ULG
ALG	-0.45	-0.23	0.62	0.47	0.03	0.0	0.49		-0.03	0.33	ALG
GIF	-0.01	0.55	0.17	0.31	0.6	0.6	0.24	-0.03		0.26	GIF
VVD	-0.4	-0.01	0.46	0.51	0.29	0.3	0.45	0.33	0.26		VVD
	CDR	PLW	11B	TEN	CIG	MOV	ULG	ALG	GIF	VVD

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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

ULG	+ 0.88	11B
TEN	+ 0.82	11B
MOV	+ 0.82	CIG
ULG	+ 0.76	TEN
PLW	+ 0.62	CDR
ALG	+ 0.62	11B

High negative correlations

11B	- 0.77	CDR
ULG	- 0.69	CDR
TEN	- 0.58	CDR
ALG	- 0.45	CDR
11B	- 0.44	PLW
VVD	- 0.4	CDR

Risk-Adjusted Indicators

There is a big difference between All Stock performing well and All In 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 All In'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
CDR	1.83	0.44	0.16	1.13	1.90	(2.00)	5.43	(3.87)	12.22
PLW	1.18	0.19	0.08	2.47	1.14	(1.35)	2.74	(2.33)	5.70
11B	2.83	(0.33)	0.00	1.80	0.00	0.00	5.48	(4.25)	25.24
TEN	1.66	(0.07)	0.00	0.37	0.00	0.00	3.74	(3.65)	10.52
CIG	1.50	0.08	(0.02)	(0.37)	1.52	(2.43)	5.80	(3.08)	9.88
MOV	2.23	(0.01)	(0.01)	0.08	2.17	(3.41)	5.81	(4.10)	28.64
ULG	1.59	0.02	(0.04)	0.02	2.16	(2.39)	5.60	(3.30)	19.02
ALG	3.36	(0.12)	0.00	(0.17)	0.00	0.00	7.76	(6.14)	30.61
GIF	2.80	0.40	0.08	7.14	3.55	(3.30)	6.99	(4.89)	21.24
VVD	2.66	0.16	0.00	(0.14)	2.53	(4.49)	5.17	(4.92)	41.43

Be your own money manager

Our tools can tell you how much better you can do entering a position in All In 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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