Archon Correlations
| ARHN Stock | USD 17.40 0.00 0.00% |
The current 90-days correlation between Archon and Century Casinos is 0.12 (i.e., Average 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 |
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 together with Archon Pink Sheet
| 0.67 | AAGH | America Great Health | PairCorr |
| 0.8 | NNAX | New Momentum | PairCorr |
| 0.63 | AMIX | Autonomix Medical, Common | PairCorr |
| 0.62 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.78 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.65 | KO | Coca Cola Aggressive Push | PairCorr |
Moving against Archon Pink Sheet
| 0.83 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.82 | HD | Home Depot | PairCorr |
| 0.78 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
| 0.76 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.74 | HPQ | HP Inc | PairCorr |
| 0.74 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.7 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.68 | T | ATT Inc Aggressive Push | PairCorr |
| 0.68 | WMT | Walmart Aggressive Push | PairCorr |
| 0.62 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.6 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.53 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.49 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.35 | STI | Solidion Technology Symbol Change | PairCorr |
Related Correlations Analysis
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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 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CNTY | 2.97 | 1.03 | 0.29 | 3.98 | 2.37 | 7.30 | 17.01 | |||
| GDEN | 1.58 | 0.00 | 0.04 | 0.12 | 1.55 | 3.80 | 8.13 | |||
| MCRI | 0.88 | 0.13 | 0.10 | 0.31 | 0.80 | 1.87 | 7.86 | |||
| RRR | 1.48 | (0.29) | 0.00 | (0.06) | 0.00 | 2.69 | 12.47 | |||
| BVH | 2.02 | 0.44 | 0.08 | (0.53) | 2.76 | 5.30 | 15.57 | |||
| LVS | 1.44 | 0.24 | 0.13 | 0.53 | 1.20 | 3.22 | 10.76 | |||
| MGM | 1.49 | (0.18) | 0.00 | (0.02) | 0.00 | 3.31 | 14.38 | |||
| CZR | 1.80 | (0.11) | (0.02) | 0.04 | 2.38 | 4.33 | 14.60 | |||
| PENN | 1.95 | (0.04) | (0.01) | 0.09 | 2.06 | 5.04 | 12.98 | |||
| MLCO | 2.30 | 0.04 | 0.01 | 0.16 | 2.62 | 5.17 | 22.74 |
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?
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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 |