Apple Rush Correlations
| APRU Stock | USD 0.0001 0.0003 75.00% |
The current 90-days correlation between Apple Rush and Markray Corp is 0.16 (i.e., Average diversification). The correlation of Apple Rush 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.
Apple Rush Correlation With Market
Very good diversification
The correlation between Apple Rush and DJI is -0.49 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Apple Rush and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Apple Rush could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apple Rush 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 Apple Rush - 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 Apple Rush to buy it.
Moving together with Apple Pink Sheet
Moving against Apple Pink Sheet
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| 0.63 | EMBVF | Arca Continental SAB | PairCorr |
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| 0.61 | COCSF | Coca Cola FEMSA | PairCorr |
| 0.61 | AEM | Agnico Eagle Mines | PairCorr |
| 0.58 | SEBC | Southeastern Banking Corp | PairCorr |
| 0.53 | BKKLY | Bangkok Bank PCL | PairCorr |
| 0.51 | CNOB | ConnectOne Bancorp Earnings Call Tomorrow | PairCorr |
| 0.43 | EGP | EastGroup Properties | PairCorr |
| 0.4 | YASKY | Yaskawa Electric Corp | PairCorr |
| 0.38 | COKE | Coca Cola Consolidated | PairCorr |
| 0.66 | KB | KB Financial Group | PairCorr |
| 0.64 | DCI | Donaldson | PairCorr |
| 0.62 | SBSW | Sibanye Gold | PairCorr |
| 0.62 | NEM | Newmont Goldcorp Corp Aggressive Push | PairCorr |
| 0.62 | SFST | Southern First Bancshares | PairCorr |
| 0.61 | FTCI | FTC Solar | PairCorr |
| 0.58 | JNJ | Johnson Johnson | PairCorr |
| 0.42 | CIMDF | CIMB Group Holdings | PairCorr |
| 0.41 | AVAI | Avant Technologies | PairCorr |
| 0.34 | PNXPF | Planet Ventures | PairCorr |
| 0.32 | SSRM | SSR Mining | 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
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Risk-Adjusted Indicators
There is a big difference between Apple Pink Sheet performing well and Apple Rush 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 Apple Rush'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RVBR | 12.40 | 2.07 | 0.12 | 0.77 | 12.13 | 39.30 | 111.00 | |||
| PLVFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TBEV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| IFBC | 5.12 | 0.51 | 0.03 | (0.19) | 6.11 | 11.11 | 42.65 | |||
| ASPU | 7.88 | 2.02 | 0.11 | (10.05) | 9.64 | 21.43 | 82.11 | |||
| DRNK | 28.31 | 7.63 | 0.15 | (1.60) | 20.83 | 100.00 | 250.00 | |||
| CYAN | 9.30 | 1.79 | 0.10 | (0.75) | 10.70 | 26.83 | 99.70 | |||
| RSAU | 0.21 | (0.11) | 0.00 | 0.75 | 0.00 | 0.00 | 7.14 | |||
| YWGRF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HRSR | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Apple Rush 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?
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Fundamental AnalysisView fundamental data based on most recent published financial statements |
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Apple Rush Corporate Management
| Tony Torgerud | Chief Officer | Profile | |
| Nicholas Kinports | Chief Officer | Profile | |
| Alex Coronado | Secretary and Treasurer | Profile | |
| Jason Atwell | Chief Officer | Profile |