Beacon Redevelopment Correlations

BCND Stock  USD 0.0001  0.00  0.00%   
The correlation of Beacon Redevelopment 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.
  
The ability to find closely correlated positions to Beacon Redevelopment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beacon Redevelopment 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 Beacon Redevelopment - 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 Beacon Redevelopment to buy it.

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

STVAIVST
USRCIVST
CBCAIVST
SRPXIVST
USRCSTVA
CBCASTVA
  

High negative correlations

SRPXVTON
CBCAVTON
USRCVTON
STVAVTON
VTONIVST
SRPXAHII

Risk-Adjusted Indicators

There is a big difference between Beacon Pink Sheet performing well and Beacon Redevelopment 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 Beacon Redevelopment'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
IVST  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
ZNNC  2.92 (0.69) 0.00 (1.60) 0.00 
 0.00 
 69.05 
LSCG  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
VTON  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
STVA  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
MGLI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
USRC  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
CBCA  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
AHII  4.52  0.65  0.00  0.47  0.00 
 0.00 
 150.00 
SRPX  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Beacon Redevelopment 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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Beacon Redevelopment Corporate Executives

Elected by the shareholders, the Beacon Redevelopment's board of directors comprises two types of representatives: Beacon Redevelopment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Beacon. The board's role is to monitor Beacon Redevelopment's management team and ensure that shareholders' interests are well served. Beacon Redevelopment'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, Beacon Redevelopment's outside directors are responsible for providing unbiased perspectives on the board's policies.