Blue Ant Correlations
| BAMI Stock | 7.93 0.08 1.02% |
The current 90-days correlation between Blue Ant Media and Tree Island Steel is -0.16 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blue Ant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Ant Media moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Blue Ant Correlation With Market
Very good diversification
The correlation between Blue Ant Media and DJI is -0.29 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Blue Ant Media and DJI in the same portfolio, assuming nothing else is changed.
Blue |
The ability to find closely correlated positions to Blue Ant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Ant 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 Blue Ant - 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 Blue Ant Media to buy it.
Moving together with Blue Stock
| 0.82 | STRR | Star Royalties | PairCorr |
| 0.74 | RCI-B | Rogers Communications | PairCorr |
| 0.62 | QNC | Quantum Numbers | PairCorr |
Moving against Blue Stock
| 0.77 | WILD | WildBrain | PairCorr |
| 0.57 | META | Meta CDR | PairCorr |
| 0.43 | DIS | Walt Disney | PairCorr |
| 0.41 | CJR-B | Corus Entertainment | PairCorr |
| 0.36 | NFLX | Netflix Inc CDR | PairCorr |
| 0.41 | FA | Fountain Asset Corp | PairCorr |
| 0.38 | GRSL | GR Silver Mining | PairCorr |
Related Correlations Analysis
| 0.03 | 0.34 | 0.06 | -0.09 | 0.0 | 0.22 | LNF | ||
| 0.03 | -0.7 | 0.3 | 0.87 | 0.0 | 0.45 | TSL | ||
| 0.34 | -0.7 | -0.06 | -0.78 | 0.0 | -0.09 | FINV-P | ||
| 0.06 | 0.3 | -0.06 | 0.19 | 0.0 | 0.2 | WI | ||
| -0.09 | 0.87 | -0.78 | 0.19 | 0.0 | 0.31 | PRN | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | SNI-PR-A | ||
| 0.22 | 0.45 | -0.09 | 0.2 | 0.31 | 0.0 | AI | ||
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 Blue Stock performing well and Blue Ant 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 Blue Ant'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LNF | 0.81 | (0.04) | (0.06) | (0.02) | 1.25 | 1.43 | 4.67 | |||
| TSL | 1.03 | 0.15 | 0.06 | 0.57 | 1.33 | 2.61 | 8.63 | |||
| FINV-P | 2.44 | (1.35) | 0.00 | 29.89 | 0.00 | 0.00 | 29.17 | |||
| WI | 2.10 | 0.21 | 0.05 | 0.67 | 2.18 | 6.56 | 12.55 | |||
| PRN | 3.32 | 0.53 | 0.16 | 0.35 | 3.22 | 10.19 | 22.31 | |||
| SNI-PR-A | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AI | 0.45 | 0.00 | (0.08) | 0.08 | 0.58 | 0.99 | 2.65 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Blue Ant 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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Blue Ant Corporate Management
Elected by the shareholders, the Blue Ant's board of directors comprises two types of representatives: Blue Ant inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Blue. The board's role is to monitor Blue Ant's management team and ensure that shareholders' interests are well served. Blue Ant'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, Blue Ant's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Surani Adamesco | Chief Officer | Profile | |
| Jamie Schouela | Chief Officer | Profile | |
| Astrid Zimmer | Chief Officer | Profile | |
| Julie Chang | Executive CoProductions | Profile | |
| Sarah Etherden | Vice Communications | Profile | |
| Dervla Kelly | Chief Officer | Profile |