Badger Infrastructure Correlations

BADFFDelisted Stock  USD 38.83  0.24  0.61%   
The correlation of Badger Infrastructure 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.

Badger Infrastructure Correlation With Market

Poor diversification

The correlation between Badger Infrastructure Solution and DJI is 0.79 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Badger Infrastructure Solution and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Badger Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Badger Infrastructure 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 Badger Infrastructure - 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 Badger Infrastructure Solutions to buy it.

Moving together with Badger Pink Sheet

  0.8EC Ecopetrol SA ADRPairCorr
  0.83KEP Korea Electric PowerPairCorr
  0.74PTITF PT Indosat TbkPairCorr
  0.88BNEFF Bonterra Energy CorpPairCorr
  0.71NTZ Natuzzi SpAPairCorr
  0.64AES AES Aggressive PushPairCorr
  0.89USPH US PhysicalrapyPairCorr
  0.88SLSR Solaris ResourcesPairCorr
  0.83GS Goldman Sachs GroupPairCorr
  0.73TORO ToroPairCorr
  0.75GRBK Green Brick PartnersPairCorr
  0.75UMAC Unusual MachinesPairCorr
  0.88CGECF Cogeco IncPairCorr
  0.83MEEEF Metal Energy CorpPairCorr
  0.78CYD China Yuchai InternaPairCorr
  0.83CAMZF Camino MineralsPairCorr
  0.67EXAS EXACT SciencesPairCorr
  0.86FRSB First Resource BankPairCorr
  0.82TOGOF TomaGoldPairCorr
  0.83EMMA Emmaus Life SciencesPairCorr
  0.8INTC IntelPairCorr

Moving against Badger Pink Sheet

  0.57PTAIF PT Astra InternationalPairCorr
  0.47PIFMY Indofood Sukses MakmurPairCorr
  0.57AFIIQ Armstrong FlooringPairCorr

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

AOHLFPGUUF
GZITFPGUUF
GZITFAOHLF
ELWSFIPHLF
ELWSFHIZOF
HIZOFIPHLF
  

High negative correlations

GZITFMOPHY
AOHLFMOPHY
PGUUFMOPHY
GZITFELWSF
GZITFGRPAF
ELWSFGRPAF

Risk-Adjusted Indicators

There is a big difference between Badger Pink Sheet performing well and Badger Infrastructure 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 Badger Infrastructure'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
MOPHY  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
IPHLF  1.57 (0.75) 0.00  0.82  0.00 
 0.00 
 52.71 
HIZOF  5.02  0.81  0.00  1.81  0.00 
 9.92 
 19.66 
PGUUF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
PLFRY  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
AOHLF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
GRPAF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
ELWSF  0.58 (0.32) 0.00 (1.15) 0.00 
 0.00 
 19.44 
GZITF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 

Badger Infrastructure Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Badger Infrastructure pink sheet to make a market-neutral strategy. Peer analysis of Badger Infrastructure could also be used in its relative valuation, which is a method of valuing Badger Infrastructure by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Badger Infrastructure Corporate Management

Still Interested in Badger Infrastructure Solutions?

Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.