BASE Correlations

BAINF Stock

USD 1.50 0.22 12.79%

The correlation of BASE 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.

BASE Correlation With Market

Good diversification

The correlation between BASE Inc and DJI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BASE Inc and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to BASE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BASE 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 BASE - 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 BASE Inc to buy it.

Moving against BASE Pink Sheet

0.67	SAPGF	SAP SE	Pair Corr
0.66	SAP	SAP SE ADR Fiscal Year End 28th of January 2025	Pair Corr
0.62	UBER	Uber Technologies Aggressive Push	Pair Corr
0.6	NVDA	NVIDIA	Pair Corr
0.51	MRVL	Marvell Technology Earnings Call This Week	Pair Corr
0.51	ADSK	Autodesk	Pair Corr
0.49	STLD	Steel Dynamics Fiscal Year End 28th of January 2025	Pair Corr
0.48	ALAB	Astera Labs, Common	Pair Corr
0.41	APLD	Applied Blockchain Trending	Pair Corr
0.39	CRWD	Crowdstrike Holdings Earnings Call Today	Pair Corr
0.37	CRM	Salesforce Earnings Call Tomorrow	Pair Corr
0.37	GM	General Motors Aggressive Push	Pair Corr
0.36	NOW	ServiceNow Fiscal Year End 22nd of January 2025	Pair Corr

Related Correlations Analysis

	CRM	SAP	NOW	INTU	UBER	SHOP	APP	MSTR	CDNS
CRM		0.75	0.93	0.51	0.05	0.9	0.93	0.92	0.76	CRM
SAP	0.75		0.79	0.22	0.35	0.55	0.67	0.69	0.52	SAP
NOW	0.93	0.79		0.58	0.0	0.86	0.92	0.89	0.78	NOW
INTU	0.51	0.22	0.58		-0.46	0.64	0.64	0.51	0.71	INTU
UBER	0.05	0.35	0.0	-0.46		-0.11	-0.18	-0.12	-0.23	UBER
SHOP	0.9	0.55	0.86	0.64	-0.11		0.92	0.9	0.75	SHOP
APP	0.93	0.67	0.92	0.64	-0.18	0.92		0.96	0.79	APP
MSTR	0.92	0.69	0.89	0.51	-0.12	0.9	0.96		0.73	MSTR
CDNS	0.76	0.52	0.78	0.71	-0.23	0.75	0.79	0.73		CDNS
	CRM	SAP	NOW	INTU	UBER	SHOP	APP	MSTR	CDNS

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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

MSTR	+ 0.96	APP
NOW	+ 0.93	CRM
APP	+ 0.93	CRM
MSTR	+ 0.92	CRM
APP	+ 0.92	NOW
APP	+ 0.92	SHOP

High negative correlations

UBER	- 0.46	INTU
CDNS	- 0.23	UBER
APP	- 0.18	UBER
MSTR	- 0.12	UBER
SHOP	- 0.11	UBER
UBER	- 0.0	NOW

Risk-Adjusted Indicators

There is a big difference between BASE Pink Sheet performing well and BASE 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 BASE'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
CRM	1.28	0.29	0.25	0.37	0.90	(1.52)	3.18	(1.91)	9.09
SAP	1.06	0.07	0.00	0.25	1.13	(1.19)	2.16	(1.91)	6.50
NOW	1.34	0.26	0.19	0.36	1.17	(1.64)	3.04	(2.24)	8.12
INTU	1.36	(0.15)	0.00	(0.05)	0.00	0.00	3.34	(2.80)	9.88
UBER	1.60	(0.14)	0.00	(0.02)	0.00	0.00	2.69	(2.44)	20.10
SHOP	1.97	0.45	0.23	0.51	1.64	(2.35)	4.91	(2.68)	26.26
APP	3.32	2.10	0.99	2.83	0.68	(4.02)	9.39	(2.70)	48.41
MSTR	5.22	1.58	0.38	0.62	3.95	(6.64)	12.96	(6.05)	41.89
CDNS	1.76	0.07	0.04	0.18	2.02	(1.92)	3.47	(4.40)	17.32

Be your own money manager

Our tools can tell you how much better you can do entering a position in BASE 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.

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BASE Corporate Management

Ken Harada	CFO Officer	Profile
Shinichi Fujikawa	Sr Devel	Profile
Nao Takahashi	Ex Officer	Profile
Yuta Tsuruoka	President, CEO	Profile
Masaki Kawaguchi	Ex Officer	Profile
Kosuke Hotta	Ex Officer	Profile
Masahito Jinguji	Ex Officer	Profile

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