Amincor Correlations

AMNC Stock

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The current 90-days correlation between Amincor and Artisan Consumer Goods is 0.06 (i.e., Significant diversification). The correlation of Amincor 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.

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

Moving together with Amincor Pink Sheet

0.65

BASE

Couchbase

Pair Corr

Moving against Amincor Pink Sheet

0.55	CIADF	China Mengniu Dairy	Pair Corr
0.54	PTAIY	Astra International Tbk	Pair Corr
0.52	DANOY	Danone PK	Pair Corr
0.52	K	Kellanova	Pair Corr
0.52	KEP	Korea Electric Power	Pair Corr
0.5	PTITF	PT Indosat Tbk	Pair Corr
0.46	NSRGF	Nestle SA	Pair Corr
0.42	GPDNF	Danone SA	Pair Corr
0.42	TLK	Telkom Indonesia Tbk	Pair Corr
0.41	CIADY	China Mengniu Dairy	Pair Corr
0.36	TLKMF	Telkom Indonesia Tbk	Pair Corr
0.67	NGENF	NervGen Pharma Corp	Pair Corr
0.58	GDYN	Grid Dynamics Holdings	Pair Corr
0.56	VWAGY	Volkswagen AG 110	Pair Corr
0.55	FEMY	Femasys	Pair Corr
0.55	RIVN	Rivian Automotive Sell-off Trend	Pair Corr
0.54	NAUT	Nautilus Biotechnology	Pair Corr
0.53	BORR	Borr Drilling	Pair Corr
0.51	SPGI	SP Global	Pair Corr
0.51	SPOI	SPO Networks	Pair Corr
0.5	TGI	Triumph Group	Pair Corr
0.42	URBN	Urban Outfitters	Pair Corr
0.34	RCRUY	Recruit Holdings	Pair Corr
0.31	BHC	Bausch Health Companies	Pair Corr
0.76	JNJ	Johnson Johnson	Pair Corr
0.73	CALC	CalciMedica, Common Stock	Pair Corr
0.72	ATRO	Astronics	Pair Corr
0.62	SSAAF	SSAB AB	Pair Corr

Related Correlations Analysis

	CULTF	BLEG	ARRT	MTTCF	VGGIF	DZGH	NUVM	ALKM	WSRRF	BLLB
CULTF		0.43	-0.27	-0.13	0.0	0.0	-0.79	-0.13	-0.86	0.74	CULTF
BLEG	0.43		-0.13	-0.43	0.0	0.0	-0.53	0.08	-0.49	0.17	BLEG
ARRT	-0.27	-0.13		0.39	0.0	0.0	0.44	-0.09	0.18	-0.21	ARRT
MTTCF	-0.13	-0.43	0.39		0.0	0.0	0.4	-0.15	0.14	0.04	MTTCF
VGGIF	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	VGGIF
DZGH	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	DZGH
NUVM	-0.79	-0.53	0.44	0.4	0.0	0.0		-0.15	0.68	-0.66	NUVM
ALKM	-0.13	0.08	-0.09	-0.15	0.0	0.0	-0.15		0.15	-0.02	ALKM
WSRRF	-0.86	-0.49	0.18	0.14	0.0	0.0	0.68	0.15		-0.65	WSRRF
BLLB	0.74	0.17	-0.21	0.04	0.0	0.0	-0.66	-0.02	-0.65		BLLB
	CULTF	BLEG	ARRT	MTTCF	VGGIF	DZGH	NUVM	ALKM	WSRRF	BLLB

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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

BLLB	+ 0.74	CULTF
WSRRF	+ 0.68	NUVM
NUVM	+ 0.44	ARRT
BLEG	+ 0.43	CULTF
NUVM	+ 0.4	MTTCF
MTTCF	+ 0.39	ARRT

High negative correlations

WSRRF	- 0.86	CULTF
NUVM	- 0.79	CULTF
BLLB	- 0.66	NUVM
BLLB	- 0.65	WSRRF
NUVM	- 0.53	BLEG
WSRRF	- 0.49	BLEG

Risk-Adjusted Indicators

There is a big difference between Amincor Pink Sheet performing well and Amincor 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 Amincor'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
CULTF	9.54	(0.27)	0.00	0.12	0.00	0.00	28.33	(22.00)	83.06
BLEG	17.45	3.11	0.10	12.17	15.11	(47.44)	50.00	(33.33)	133.33
ARRT	19.84	6.55	0.18	(0.51)	15.24	(52.12)	49.25	(33.33)	427.18
MTTCF	1.90	(0.38)	0.00	(1.42)	0.00	0.00	0.00	0.00	66.67
VGGIF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DZGH	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NUVM	7.06	3.27	0.00	(2.26)	0.00	0.00	2.78	(2.00)	235.33
ALKM	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
WSRRF	1.54	0.84	0.00	(0.66)	0.00	0.00	0.00	0.00	51.64
BLLB	7.44	0.60	0.01	(0.05)	8.68	(20.75)	20.00	(16.67)	85.71

Be your own money manager

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