Blockchain Industries Correlations

BCII Stock

USD 0.01 0 16.67%

The correlation of Blockchain Industries 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.

Blockchain Industries Correlation With Market

Average diversification

The correlation between Blockchain Industries and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Blockchain Industries and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Blockchain Pink Sheet

0.69	BLE	BlackRock MIT II	Pair Corr
0.56	AIQUF	LAir Liquide SA	Pair Corr
0.45	TRP	TC Energy Corp	Pair Corr
0.4	CGON	CG Oncology Common	Pair Corr
0.37	PSX	Phillips 66	Pair Corr
0.37	ITW	Illinois Tool Works	Pair Corr
0.35	CMTV	Community Bancorp Common	Pair Corr
0.35	ASX	ASE Industrial Holding	Pair Corr
0.34	AOZOY	Aozora Bank	Pair Corr
0.33	ENBP	ENB Financial Corp	Pair Corr
0.59	TWODF	Taylor Wimpey plc	Pair Corr
0.59	HBANM	Huntington Bancshares	Pair Corr
0.56	PRTS	CarPartsCom	Pair Corr
0.52	OXY	Occidental Petroleum Earnings Call Tomorrow	Pair Corr
0.48	MBINN	Merchants Bancorp	Pair Corr
0.48	BHFAP	Brighthouse Financial	Pair Corr
0.45	DFKCY	Daifuku Co	Pair Corr
0.44	E	Eni SpA ADR Earnings Call This Week	Pair Corr
0.43	ALL-PB	Allstate	Pair Corr

Related Correlations Analysis

	ICTY	MNDP	CLOW	STQN	AHFI	CBGH	QYBX	VCOR	SVLT	TLIF
ICTY		-0.38	-0.46	-0.14	0.01	0.29	-0.39	0.0	0.31	0.43	ICTY
MNDP	-0.38		0.04	0.05	-0.11	0.2	0.27	0.0	0.09	-0.24	MNDP
CLOW	-0.46	0.04		0.49	0.03	-0.31	0.34	0.0	-0.31	-0.36	CLOW
STQN	-0.14	0.05	0.49		-0.13	0.04	0.3	0.0	-0.07	-0.23	STQN
AHFI	0.01	-0.11	0.03	-0.13		-0.18	-0.24	0.0	0.09	0.14	AHFI
CBGH	0.29	0.2	-0.31	0.04	-0.18		0.24	0.0	0.49	0.07	CBGH
QYBX	-0.39	0.27	0.34	0.3	-0.24	0.24		0.0	-0.02	-0.72	QYBX
VCOR	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	VCOR
SVLT	0.31	0.09	-0.31	-0.07	0.09	0.49	-0.02	0.0		0.19	SVLT
TLIF	0.43	-0.24	-0.36	-0.23	0.14	0.07	-0.72	0.0	0.19		TLIF
	ICTY	MNDP	CLOW	STQN	AHFI	CBGH	QYBX	VCOR	SVLT	TLIF

Please upgrade your account to get full access to Macroaxis premium features

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

STQN	+ 0.49	CLOW
SVLT	+ 0.49	CBGH
TLIF	+ 0.43	ICTY
QYBX	+ 0.34	CLOW
SVLT	+ 0.31	ICTY
QYBX	+ 0.3	STQN

High negative correlations

TLIF	- 0.72	QYBX
CLOW	- 0.46	ICTY
QYBX	- 0.39	ICTY
MNDP	- 0.38	ICTY
TLIF	- 0.36	CLOW
SVLT	- 0.31	CLOW

Risk-Adjusted Indicators

There is a big difference between Blockchain Pink Sheet performing well and Blockchain Industries 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 Blockchain Industries' 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
ICTY	4.03	(0.03)	0.00	0.07	0.00	0.00	33.33	(25.00)	58.33
MNDP	1.43	0.16	0.00	(0.12)	0.00	0.00	0.00	0.00	30.95
CLOW	4.02	1.21	0.00	6.04	0.00	0.00	18.18	(8.70)	63.68
STQN	22.10	14.50	0.00	(0.35)	0.00	0.00	0.00	0.00	32.61
AHFI	10.71	2.03	0.05	8.38	13.01	(52.53)	18.81	(38.79)	250.71
CBGH	1.83	0.05	0.00	0.04	0.00	0.00	0.00	0.00	60.42
QYBX	5.13	0.71	0.05	0.41	5.76	(22.11)	16.67	(18.18)	63.46
VCOR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SVLT	0.50	(0.22)	0.00	0.62	0.00	0.00	0.00	0.00	16.67
TLIF	1.87	(0.20)	0.00	13.20	0.00	0.00	0.00	(2.50)	45.00

Be your own money manager

Our tools can tell you how much better you can do entering a position in Blockchain Industries 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?

Run Portfolio Volatility Now

Portfolio Volatility

Check portfolio volatility and analyze historical return density to properly model market risk

All Next

Launch Module

Blockchain Industries Corporate Management

Zack Pontgrave	President	Profile
Andreas Typaldos	Ex Chairman	Profile
Lai Tuong	Member HotelscomVN	Profile
John Spinelli	Director Marketing	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC