Alpine 4 Correlations
| ALPPDelisted Stock | USD 0.01 0 25.00% |
The current 90-days correlation between Alpine 4 Holdings and 1847 Holdings LLC is 0.05 (i.e., Significant diversification). The correlation of Alpine 4 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.
Alpine 4 Correlation With Market
Significant diversification
The correlation between Alpine 4 Holdings and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alpine 4 Holdings and DJI in the same portfolio, assuming nothing else is changed.
Alpine |
The ability to find closely correlated positions to Alpine 4 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alpine 4 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 Alpine 4 - 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 Alpine 4 Holdings to buy it.
Moving together with Alpine OTC Stock
| 0.7 | CODI-PA | Compass Diversified | PairCorr |
| 0.74 | BOOM | Dmc Global | PairCorr |
| 0.73 | CP | Canadian Pacific Railway | PairCorr |
Moving against Alpine OTC Stock
| 0.89 | BE | Bloom Energy Corp | PairCorr |
| 0.79 | MDU | MDU Resources Group | PairCorr |
| 0.76 | G | Genpact Limited | PairCorr |
| 0.73 | AZ | A2Z Smart Technologies | PairCorr |
| 0.71 | AL | Air Lease | PairCorr |
| 0.69 | R | Ryder System | PairCorr |
| 0.52 | SPLP-PA | Steel Partners Holdings | PairCorr |
| 0.48 | B | Barnes Group | PairCorr |
| 0.35 | J | Jacobs Solutions | PairCorr |
| 0.8 | KC | Kingsoft Cloud Holdings Trending | PairCorr |
| 0.76 | BR | Broadridge Financial | PairCorr |
| 0.72 | CR | Crane Company | PairCorr |
| 0.56 | LZ | LegalZoom | PairCorr |
| 0.52 | IR | Ingersoll Rand | PairCorr |
| 0.51 | CW | Curtiss Wright | PairCorr |
| 0.51 | HI | Hillenbrand | PairCorr |
| 0.35 | DE | Deere Company Fiscal Year End 27th of November 2024 | PairCorr |
| 0.86 | SQ | Block Inc | PairCorr |
| 0.78 | PL | Planet Labs PBC | PairCorr |
| 0.7 | PH | Parker Hannifin Sell-off Trend | PairCorr |
| 0.68 | OC | Owens Corning | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Alpine OTC Stock performing well and Alpine 4 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 Alpine 4'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SPLP | 1.44 | 0.03 | (0.01) | 0.17 | 1.98 | 3.70 | 15.59 | |||
| FIP | 2.17 | (0.33) | 0.00 | (0.04) | 0.00 | 4.52 | 15.65 | |||
| GFF | 1.76 | 0.21 | 0.15 | 0.25 | 1.70 | 3.91 | 22.83 | |||
| MATW | 1.80 | 0.09 | 0.11 | 0.17 | 1.75 | 3.20 | 8.96 | |||
| TUSK | 2.19 | (0.23) | 0.00 | (0.03) | 0.00 | 4.64 | 25.08 | |||
| EFSH | 17.52 | (2.66) | 0.00 | (0.96) | 0.00 | 24.44 | 260.66 | |||
| ARVY | 0.75 | (0.08) | 0.00 | (0.40) | 0.00 | 0.00 | 28.88 | |||
| ACMB | 10.33 | 1.28 | 0.07 | 0.42 | 11.46 | 34.67 | 132.05 | |||
| AYYLF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
View Alpine 4 Related Equities
| Risk & Return | Correlation |
Alpine 4 Corporate Management
Elected by the shareholders, the Alpine 4's board of directors comprises two types of representatives: Alpine 4 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alpine. The board's role is to monitor Alpine 4's management team and ensure that shareholders' interests are well served. Alpine 4'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, Alpine 4's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Craig Codling | Chief Officer | Profile | |
| Trish Norvell | Vice Resources | Profile | |
| Christopher Meinerz | Chief Officer | Profile | |
| Jeffrey Hail | Founder COO | Profile | |
| Shannon Rigney | Founder MediaPR | Profile | |
| Andrew Spence | Senior Commercial | Profile |
Still Interested in Alpine 4 Holdings?
Investing in delisted otcs can be risky, as the otc stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.