Digital Development Correlations
| BBBT Stock | USD 0.0001 0.00 0.00% |
The correlation of Digital Development 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. If the correlation is 0, the equities are not correlated; they are entirely random.
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The ability to find closely correlated positions to Digital Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digital Development 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 Digital Development - 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 Digital Development Partners to buy it.
Moving together with Digital Pink Sheet
Moving against Digital Pink Sheet
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Our tools can tell you how much better you can do entering a position in Digital Development 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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Digital Development Corporate Management
| Eric Newlan | S VP | Profile | |
| William LoBell | Ex Devel | Profile | |
| William Sluss | VP CFO | Profile | |
| Fabian Deneault | Chairman Pres | Profile |