Aquagold International Correlations
| AQUI Stock | USD 0.0004 0.00 0.00% |
The current 90-days correlation between Aquagold International and PepsiCo is 0.07 (i.e., Significant diversification). The correlation of Aquagold International 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.
Aquagold International Correlation With Market
Very good diversification
The correlation between Aquagold International and DJI is -0.37 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aquagold International and DJI in the same portfolio, assuming nothing else is changed.
Aquagold |
The ability to find closely correlated positions to Aquagold International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aquagold International 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 Aquagold International - 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 Aquagold International to buy it.
Moving together with Aquagold Pink Sheet
| 0.7 | PEP | PepsiCo | PairCorr |
| 0.68 | MNST | Monster Beverage Corp | PairCorr |
| 0.61 | KDP | Keurig Dr Pepper | PairCorr |
| 0.63 | ZTLLF | Zonetail | PairCorr |
| 0.67 | FBEC | Fbec Worldwide | PairCorr |
| 0.74 | AA | Alcoa Corp | PairCorr |
| 0.64 | PG | Procter Gamble | PairCorr |
| 0.71 | VZ | Verizon Communications Sell-off Trend | PairCorr |
| 0.73 | TRV | The Travelers Companies | PairCorr |
| 0.68 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
Moving against Aquagold Pink Sheet
| 0.76 | NNFSF | Nongfu Spring | PairCorr |
| 0.67 | HSEEF | Hill Street Beverage | PairCorr |
| 0.57 | KTOS | Kratos Defense Security Earnings Call This Week | PairCorr |
| 0.54 | 517834AH0 | US517834AH06 | PairCorr |
| 0.46 | DAN | Dana Inc | PairCorr |
| 0.32 | EMBVF | Arca Continental SAB | PairCorr |
| 0.69 | GEVO | Gevo Inc | PairCorr |
| 0.69 | PFE | Pfizer Inc | PairCorr |
| 0.47 | MMM | 3M Company | PairCorr |
| 0.38 | AXP | American Express | PairCorr |
| 0.33 | JPM | JPMorgan Chase | PairCorr |
Related Correlations Analysis
| -0.54 | 0.83 | 0.6 | 0.79 | PEP | ||
| -0.54 | -0.61 | -0.52 | -0.32 | COKE | ||
| 0.83 | -0.61 | 0.67 | 0.62 | MNST | ||
| 0.6 | -0.52 | 0.67 | 0.56 | CELH | ||
| 0.79 | -0.32 | 0.62 | 0.56 | KDP | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Aquagold Pink Sheet performing well and Aquagold International 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 Aquagold International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PEP | 0.94 | (0.23) | 0.00 | (0.49) | 0.00 | 1.30 | 8.19 | |||
| COKE | 1.32 | 0.24 | 0.15 | 0.46 | 1.19 | 3.15 | 6.71 | |||
| MNST | 1.04 | (0.19) | 0.00 | (1.00) | 0.00 | 2.20 | 10.44 | |||
| CELH | 2.63 | (0.57) | 0.00 | (0.37) | 0.00 | 5.82 | 16.24 | |||
| KDP | 0.94 | (0.09) | 0.00 | (0.39) | 0.00 | 1.66 | 6.58 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aquagold International 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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Aquagold International Corporate Management
| Joseph Rosamilia | Executive VP of Corporate Devel. | Profile | |
| MarcOlivier Hassoun | CoFounder Director | Profile | |
| BA MD | Chairman Pres | Profile | |
| Gilles StPierre | Treasurer Sec | Profile | |
| Daniel Sauve | Director RD | Profile |