Angle PLC Correlations
| ANPCY Stock | USD 0.07 0.0002 0.30% |
The current 90-days correlation between Angle PLC ADR and Red Light Holland is 0.24 (i.e., Modest diversification). The correlation of Angle PLC 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.
Angle PLC Correlation With Market
Significant diversification
The correlation between Angle PLC ADR and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Angle PLC ADR and DJI in the same portfolio, assuming nothing else is changed.
Angle |
The ability to find closely correlated positions to Angle PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Angle PLC 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 Angle PLC - 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 Angle PLC ADR to buy it.
Moving against Angle OTC Stock
| 0.75 | SMFG | Sumitomo Mitsui Financial | PairCorr |
| 0.73 | SMFNF | Sumitomo Mitsui Financial | PairCorr |
| 0.66 | NTRA | Natera Inc | PairCorr |
| 0.66 | MFG | Mizuho Financial | PairCorr |
| 0.58 | DHR | Danaher | PairCorr |
| 0.53 | IQV | IQVIA Holdings | PairCorr |
| 0.48 | MUFG | Mitsubishi UFJ Financial | PairCorr |
| 0.48 | MZHOF | Mizuho Financial | PairCorr |
| 0.39 | TMO | Thermo Fisher Scientific | PairCorr |
| 0.39 | IDXX | IDEXX Laboratories | PairCorr |
| 0.39 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.37 | KB | KB Financial Group | PairCorr |
| 0.82 | CALC | CalciMedica, Common Stock | PairCorr |
| 0.82 | HIRU | Hiru | PairCorr |
| 0.77 | CM | Canadian Imperial Bank | PairCorr |
| 0.67 | URBN | Urban Outfitters | PairCorr |
| 0.67 | EGP | EastGroup Properties | PairCorr |
| 0.63 | GPAEF | Grupo Aeroportuario del | PairCorr |
| 0.63 | GSVRF | Guanajuato Silver | PairCorr |
| 0.63 | CPAC | Cementos Pacasmayo SAA | PairCorr |
| 0.62 | KYOCF | Kyocera | PairCorr |
| 0.59 | IDN | Intellicheck Mobilisa | PairCorr |
| 0.45 | HE | Hawaiian Electric Buyout Trend | PairCorr |
| 0.39 | SHG | Shinhan Financial | PairCorr |
| 0.31 | CURLF | Curaleaf Holdings | PairCorr |
| 0.84 | TORO | Toro | PairCorr |
| 0.74 | KODK | Eastman Kodak | PairCorr |
| 0.71 | ULTA | Ulta Beauty | PairCorr |
| 0.68 | ALVLF | Big Ridge Gold | PairCorr |
| 0.66 | GM | General Motors Sell-off Trend | PairCorr |
| 0.64 | DNGFF | Dongfang ElectricLimited | PairCorr |
Related Correlations Analysis
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
|
Risk-Adjusted Indicators
There is a big difference between Angle OTC Stock performing well and Angle PLC 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 Angle PLC'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OPGN | 39,390 | 21,752 | 622.81 | (0.87) | 0.00 | 72.10 | 1,319,944 | |||
| OXBOF | 6.91 | (1.43) | 0.00 | 0.57 | 0.00 | 0.00 | 144.00 | |||
| FPCG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MDBIF | 1.06 | (0.58) | 0.00 | (1.56) | 0.00 | 0.00 | 35.66 | |||
| JMPHF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ECGS | 15.24 | 2.44 | 0.08 | (0.28) | 19.86 | 36.00 | 153.46 | |||
| PMSNF | 9.00 | 2.96 | 0.00 | (4.83) | 0.00 | 0.00 | 300.00 | |||
| EGRX | 11.26 | (0.46) | 0.00 | (0.14) | 0.00 | 40.00 | 180.70 | |||
| LVCLF | 1.84 | 0.51 | 0.00 | 0.58 | 0.00 | 0.00 | 61.22 | |||
| TRUFF | 5.35 | (0.47) | 0.00 | (0.29) | 0.00 | 14.29 | 34.84 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Angle PLC 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?
Run Stock Screener Now
Stock ScreenerFind equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
| All Next | Launch Module |
Angle PLC Corporate Management
Elected by the shareholders, the Angle PLC's board of directors comprises two types of representatives: Angle PLC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Angle. The board's role is to monitor Angle PLC's management team and ensure that shareholders' interests are well served. Angle PLC'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, Angle PLC's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Paul Smith | Chief Officer | Profile | |
| Michael OBrien | Bus Director | Profile | |
| AnneSophie PailhesJimenez | Head Ltd | Profile | |
| Martin Cooke | Director Affairs | Profile | |
| Andrew Holder | Head Relations | Profile | |
| Madeline Repollet | Head Laboratories | Profile |