Atrium Mortgage Correlations

AMIVF Stock

USD 8.05 0.00 0.00%

The current 90-days correlation between Atrium Mortgage Inve and Funko Inc is 0.04 (i.e., Significant diversification). The correlation of Atrium Mortgage 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.

Atrium Mortgage Correlation With Market

Significant diversification

The correlation between Atrium Mortgage Investment and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Atrium Mortgage Investment and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Atrium Pink Sheet

0.72	PKX	POSCO Holdings	Pair Corr
0.64	KO	Coca Cola Aggressive Push	Pair Corr
0.62	PFE	Pfizer Inc Aggressive Push	Pair Corr

Moving against Atrium Pink Sheet

0.76	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.69	BAC	Bank of America Aggressive Push	Pair Corr
0.61	DIS	Walt Disney Sell-off Trend	Pair Corr
0.57	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.57	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.55	WMT	Walmart Aggressive Push	Pair Corr
0.53	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.5	SSNLF	Samsung Electronics	Pair Corr
0.48	PTAIF	PT Astra International	Pair Corr
0.43	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.35	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr

Related Correlations Analysis

	JDDSF	PTEN	ASO	FNKO	PLNT	PYTCF	MSN	BC
JDDSF		-0.32	0.02	0.23	-0.35	0.42	0.63	0.14	JDDSF
PTEN	-0.32		-0.09	-0.36	0.35	-0.1	-0.37	0.02	PTEN
ASO	0.02	-0.09		0.41	-0.66	-0.73	0.36	0.12	ASO
FNKO	0.23	-0.36	0.41		-0.34	-0.07	0.63	0.57	FNKO
PLNT	-0.35	0.35	-0.66	-0.34		0.46	-0.5	0.18	PLNT
PYTCF	0.42	-0.1	-0.73	-0.07	0.46		-0.01	0.19	PYTCF
MSN	0.63	-0.37	0.36	0.63	-0.5	-0.01		0.4	MSN
BC	0.14	0.02	0.12	0.57	0.18	0.19	0.4		BC
	JDDSF	PTEN	ASO	FNKO	PLNT	PYTCF	MSN	BC

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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

MSN	+ 0.63	JDDSF
MSN	+ 0.63	FNKO
BC	+ 0.57	FNKO
PYTCF	+ 0.46	PLNT
PYTCF	+ 0.42	JDDSF
FNKO	+ 0.41	ASO

High negative correlations

PYTCF	- 0.73	ASO
PLNT	- 0.66	ASO
MSN	- 0.5	PLNT
MSN	- 0.37	PTEN
FNKO	- 0.36	PTEN
PLNT	- 0.35	JDDSF

Risk-Adjusted Indicators

There is a big difference between Atrium Pink Sheet performing well and Atrium Mortgage 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 Atrium Mortgage'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
JDDSF	0.54	(0.14)	0.00	(0.31)	0.00	0.00	0.00	0.00	29.30
PTEN	2.17	(0.30)	0.00	(0.04)	0.00	0.00	3.53	(4.36)	14.10
ASO	1.72	(0.20)	0.00	(0.34)	0.00	0.00	4.04	(3.25)	9.63
FNKO	2.03	0.17	0.04	0.35	2.85	(2.02)	5.62	(5.08)	18.66
PLNT	1.33	0.22	0.13	0.43	1.18	(1.51)	3.44	(2.60)	12.22
PYTCF	0.64	0.31	0.00	(0.55)	0.00	0.00	0.00	0.00	21.48
MSN	2.44	(0.24)	0.00	(0.42)	0.00	0.00	6.00	(5.88)	17.16
BC	1.57	(0.18)	(0.05)	0.02	1.93	(1.67)	3.84	(2.97)	11.27

Be your own money manager

Our tools can tell you how much better you can do entering a position in Atrium Mortgage 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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Atrium Mortgage Corporate Management

Bram MBA	Managing Ontario	Profile
Phil Fiuza	Managing Residential	Profile
John Ahmad	Chief Officer	Profile
Robert MBA	CEO, Founder	Profile
Marianne Dobslaw	Managing Columbia	Profile
Richard Munroe	Chief Officer	Profile

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