Monitor Ventures Correlations
| AVCVF Stock | USD 0.08 0.0006 0.76% |
The current 90-days correlation between Monitor Ventures and Blue Star Global is 0.03 (i.e., Significant diversification). The correlation of Monitor Ventures 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.
Monitor Ventures Correlation With Market
Excellent diversification
The correlation between Monitor Ventures and DJI is -0.63 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Monitor Ventures and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Monitor Ventures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Monitor Ventures 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 Monitor Ventures - 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 Monitor Ventures to buy it.
Moving together with Monitor OTC Stock
Moving against Monitor OTC Stock
| 0.89 | GOOG | Alphabet Class C Earnings Call Tomorrow | PairCorr |
| 0.87 | JNJ | Johnson Johnson | PairCorr |
| 0.85 | WMT | Walmart Common Stock Aggressive Push | PairCorr |
| 0.83 | MRK | Merck Company Aggressive Push | PairCorr |
| 0.72 | BMYMP | Bristol Myers Squibb Earnings Call This Week | PairCorr |
| 0.72 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
| 0.71 | MCD | McDonalds Earnings Call Next Week | PairCorr |
| 0.68 | AA | Alcoa Corp | PairCorr |
| 0.66 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
| 0.63 | CSCO | Cisco Systems Earnings Call This Week | PairCorr |
| 0.58 | TSM | Taiwan Semiconductor | PairCorr |
| 0.55 | META | Meta Platforms Aggressive Push | PairCorr |
| 0.53 | INTC | Intel Aggressive Push | PairCorr |
| 0.45 | VZ | Verizon Communications Aggressive Push | 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 Monitor OTC Stock performing well and Monitor Ventures OTC Stock 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 Monitor Ventures' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GOCOF | 14.64 | 4.59 | 0.00 | 0.70 | 0.00 | 75.00 | 190.00 | |||
| AVRTF | 13.83 | 7.15 | 0.00 | (2.13) | 0.00 | 0.00 | 463.38 | |||
| EVGUF | 37.79 | 17.72 | 0.00 | 1.27 | 0.00 | 82.35 | 791.05 | |||
| GERFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MDMN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BUSC | 69.54 | 36.56 | 0.00 | (1.06) | 0.00 | 9.60 | 1,912 | |||
| PGPGF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GESI | 261.74 | 128.52 | 0.00 | 2.05 | 0.00 | 0.00 | 4,998 | |||
| CYLYF | 2.56 | (1.41) | 0.00 | (0.54) | 0.00 | 0.00 | 85.71 | |||
| SLMZF | 29.80 | 12.86 | 0.25 | 1.22 | 15.55 | 115.00 | 448.25 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Monitor Ventures 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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Monitor Ventures Corporate Management
Elected by the shareholders, the Monitor Ventures' board of directors comprises two types of representatives: Monitor Ventures inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Monitor. The board's role is to monitor Monitor Ventures' management team and ensure that shareholders' interests are well served. Monitor Ventures' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Monitor Ventures' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sandra Lee | Corporate Secretary | Profile | |
| John Downes | Chief Officer | Profile | |
| Daniel Schieber | Director Fin | Profile | |
| William BASc | CEO Pres | Profile | |
| Brian Beck | VP Sales | Profile |