AnalytixInsight Correlations
| ATIXF Stock | USD 0.01 0 30.00% |
The current 90-days correlation between AnalytixInsight and Arway is -0.01 (i.e., Good diversification). The correlation of AnalytixInsight 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.
AnalytixInsight Correlation With Market
Good diversification
The correlation between AnalytixInsight and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AnalytixInsight and DJI in the same portfolio, assuming nothing else is changed.
AnalytixInsight |
The ability to find closely correlated positions to AnalytixInsight could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AnalytixInsight 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 AnalytixInsight - 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 AnalytixInsight to buy it.
Moving against AnalytixInsight Pink Sheet
| 0.87 | SHUFF | Shufersal | PairCorr |
| 0.85 | BLMC | Biloxi Marsh Lands | PairCorr |
| 0.62 | ALVLF | Big Ridge Gold | PairCorr |
| 0.55 | RGC | Regencell Bioscience | PairCorr |
| 0.46 | GWW | WW Grainger | PairCorr |
| 0.44 | CX | Cemex SAB de | PairCorr |
| 0.43 | HL | Hecla Mining | PairCorr |
| 0.43 | ULTA | Ulta Beauty | PairCorr |
| 0.34 | REGN | Regeneron Pharmaceuticals | PairCorr |
| 0.31 | APGE | Apogee Therapeutics, | PairCorr |
| 0.75 | ZPTA | Zapata Computing Holdings Tech Boost | PairCorr |
| 0.64 | TAK | Takeda Pharmaceutical | PairCorr |
| 0.58 | AA | Alcoa Corp | PairCorr |
| 0.54 | ASTI | Ascent Solar Technol | PairCorr |
| 0.47 | HE | Hawaiian Electric | PairCorr |
| 0.44 | CRRFY | Carrefour SA PK | PairCorr |
| 0.43 | BAC | Bank of America | PairCorr |
| 0.38 | GM | General Motors | PairCorr |
| 0.36 | AAL | American Airlines | PairCorr |
| 0.31 | RLMD | Relmada Therapeutics | 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 AnalytixInsight Pink Sheet performing well and AnalytixInsight 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 AnalytixInsight'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ARWYF | 13.58 | 1.54 | 0.09 | (1,281) | 14.18 | 30.32 | 106.46 | |||
| WINKF | 10.90 | 2.32 | 0.12 | 1.63 | 10.22 | 28.57 | 93.51 | |||
| NUGN | 9.45 | 0.08 | 0.00 | (0.02) | 9.88 | 25.00 | 88.72 | |||
| TMMI | 11.05 | 0.80 | 0.05 | (2.16) | 11.53 | 30.60 | 102.41 | |||
| PLGNF | 9.56 | 1.06 | 0.03 | (0.20) | 11.72 | 40.00 | 90.00 | |||
| SOLBF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BTZI | 8.81 | (0.22) | 0.00 | 0.01 | 10.08 | 22.58 | 73.08 | |||
| LGIQ | 12.41 | 1.72 | 0.10 | 1.59 | 12.57 | 41.67 | 84.31 | |||
| MDTC | 14.47 | 4.25 | 0.18 | 0.45 | 9.92 | 62.16 | 214.79 | |||
| PUSOF | 6.37 | 0.40 | 0.00 | 0.33 | 0.00 | 0.00 | 144.77 |
Be your own money manager
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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
AnalytixInsight Corporate Management
| Chaith Kondragunta | MD Director | Profile | |
| Adi Hod | COO Technologies | Profile | |
| Aaron Atin | Co Sec | Profile | |
| MBA CA | Chief Officer | Profile | |
| Marco Ricon | Chief Stockwall | Profile | |
| Scott Urquhart | VP Devel | Profile |