Archon Correlations
| ARHN Stock | USD 8.00 1.00 14.29% |
The current 90-days correlation between Archon and Galaxy Gaming is 0.04 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Archon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Archon moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Archon Correlation With Market
Pay attention - limited upside
The correlation between Archon and DJI is -0.8 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Archon and DJI in the same portfolio, assuming nothing else is changed.
Archon |
The ability to find closely correlated positions to Archon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Archon 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 Archon - 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 Archon to buy it.
Moving against Archon Pink Sheet
| 0.85 | AA | Alcoa Corp Downward Rally | PairCorr |
| 0.83 | WMT | Walmart Common Stock Aggressive Push | PairCorr |
| 0.76 | BA | Boeing | PairCorr |
| 0.72 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
| 0.68 | JNJ | Johnson Johnson | PairCorr |
| 0.62 | CAT | Caterpillar | PairCorr |
| 0.52 | INTC | Intel | PairCorr |
| 0.52 | MCD | McDonalds Earnings Call This Week | PairCorr |
| 0.46 | DIS | Walt Disney | PairCorr |
| 0.46 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.42 | JPM | JPMorgan Chase | PairCorr |
| 0.39 | CVX | Chevron Corp | PairCorr |
| 0.31 | PPHI | Positive Physicians | 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 Archon Pink Sheet performing well and Archon 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 Archon'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GLXZ | 1.07 | (0.07) | 0.00 | (0.05) | 0.00 | 1.74 | 12.86 | |||
| IPGGF | 12.17 | 0.73 | 0.05 | 0.42 | 11.53 | 33.33 | 63.46 | |||
| AGTEF | 8.45 | 1.94 | 0.00 | (0.94) | 0.00 | 0.00 | 188.46 | |||
| IGDFF | 0.25 | (0.13) | 0.00 | 1.81 | 0.00 | 0.00 | 8.45 | |||
| WOSSF | 1.10 | 0.19 | 0.00 | 1.03 | 0.00 | 0.00 | 43.51 | |||
| LEAT | 1.43 | (0.39) | 0.00 | (0.42) | 0.00 | 2.64 | 25.24 | |||
| RTMAF | 0.90 | 0.04 | 0.00 | (1.16) | 0.00 | 3.50 | 19.73 | |||
| KMSWF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EDEMY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RTMNF | 0.88 | 0.26 | 0.00 | (0.88) | 0.00 | 2.42 | 22.53 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Archon 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 Bollinger Bands Now
Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
| All Next | Launch Module |
Archon Corporate Executives
Elected by the shareholders, the Archon's board of directors comprises two types of representatives: Archon inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Archon. The board's role is to monitor Archon's management team and ensure that shareholders' interests are well served. Archon'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, Archon's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Grant Siler | CFO and Principal Accounting Officer | Profile |