Bango Plc Correlations

BGOPF Stock

USD 1.22 0.28 18.67%

The current 90-days correlation between Bango plc and Haivision Systems is 0.12 (i.e., Average diversification). The correlation of Bango Plc 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.

Bango Plc Correlation With Market

Very good diversification

The correlation between Bango plc and DJI is -0.4 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bango plc and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Bango OTC Stock

0.63

ADYEY

Adyen NV

Pair Corr

Moving against Bango OTC Stock

0.7	CCEP	Coca Cola European	Pair Corr
0.67	SOME	Somerset Trust Holding	Pair Corr
0.62	FDX	FedEx	Pair Corr
0.61	EPR	EPR Properties	Pair Corr
0.58	NNBR	NN Inc	Pair Corr
0.57	SPG	Simon Property Group	Pair Corr
0.54	KDP	Keurig Dr Pepper Aggressive Push	Pair Corr
0.54	KMB	Kimberly Clark	Pair Corr
0.5	CHEF	Chefs Warehouse Earnings Call This Week	Pair Corr
0.49	TBBB	BBB Foods	Pair Corr
0.48	CVLG	Covenant Logistics	Pair Corr
0.4	EXR	Extra Space Storage	Pair Corr
0.4	AFRAF	Air France KLM Earnings Call This Week	Pair Corr
0.35	PPERY	Bank Mandiri Persero	Pair Corr
0.77	CP	Canadian Pacific Railway	Pair Corr
0.74	SBGSY	Schneider Electric	Pair Corr
0.69	CNI	Canadian National Railway	Pair Corr
0.68	DD	Dupont De Nemours	Pair Corr
0.67	SYY	Sysco	Pair Corr
0.66	PEP	PepsiCo	Pair Corr
0.64	ABEV	Ambev SA ADR Aggressive Push	Pair Corr
0.63	O	Realty Income	Pair Corr
0.61	KR	Kroger Company	Pair Corr

Related Correlations Analysis

	HAIVF	SYZLF	QSCGF	TSPH	DCHIY	CNGFF	ENADF	ENMPY	ENMPF	TDMMF
HAIVF		-0.79	-0.1	-0.26	-0.37	0.0	0.17	-0.59	-0.33	-0.42	HAIVF
SYZLF	-0.79		0.04	-0.03	0.0	0.0	-0.18	0.29	0.34	0.31	SYZLF
QSCGF	-0.1	0.04		0.0	0.34	0.0	0.65	0.15	-0.02	0.15	QSCGF
TSPH	-0.26	-0.03	0.0		0.38	0.0	-0.15	0.17	-0.21	-0.22	TSPH
DCHIY	-0.37	0.0	0.34	0.38		0.0	0.22	0.45	-0.04	0.48	DCHIY
CNGFF	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	CNGFF
ENADF	0.17	-0.18	0.65	-0.15	0.22	0.0		-0.02	-0.25	0.16	ENADF
ENMPY	-0.59	0.29	0.15	0.17	0.45	0.0	-0.02		0.3	0.24	ENMPY
ENMPF	-0.33	0.34	-0.02	-0.21	-0.04	0.0	-0.25	0.3		-0.01	ENMPF
TDMMF	-0.42	0.31	0.15	-0.22	0.48	0.0	0.16	0.24	-0.01		TDMMF
	HAIVF	SYZLF	QSCGF	TSPH	DCHIY	CNGFF	ENADF	ENMPY	ENMPF	TDMMF

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

ENADF	+ 0.65	QSCGF
TDMMF	+ 0.48	DCHIY
ENMPY	+ 0.45	DCHIY
DCHIY	+ 0.38	TSPH
ENMPF	+ 0.34	SYZLF
DCHIY	+ 0.34	QSCGF

High negative correlations

SYZLF	- 0.79	HAIVF
ENMPY	- 0.59	HAIVF
TDMMF	- 0.42	HAIVF
DCHIY	- 0.37	HAIVF
ENMPF	- 0.33	HAIVF
TSPH	- 0.26	HAIVF

Risk-Adjusted Indicators

There is a big difference between Bango OTC Stock performing well and Bango Plc OTC Stock 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 Bango Plc'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
HAIVF	2.04	0.93	0.44	9.40	0.49	(3.91)	5.99	(2.34)	17.52
SYZLF	1.94	(0.46)	0.00	(0.40)	0.00	0.00	3.11	(5.46)	20.36
QSCGF	0.27	(0.13)	0.00	0.62	0.00	0.00	0.00	0.00	8.91
TSPH	7.19	1.14	0.07	0.59	14.03	(8.93)	14.29	(9.52)	139.89
DCHIY	0.43	(0.19)	0.00	2.31	0.00	0.00	0.00	0.00	9.76
CNGFF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ENADF	0.75	(0.28)	0.00	0.74	0.00	0.00	0.00	0.00	25.14
ENMPY	3.72	(0.18)	0.00	0.21	0.00	0.00	11.11	(15.79)	75.10
ENMPF	1.16	0.00	0.00	0.03	0.00	0.00	3.37	(3.26)	35.22
TDMMF	2.07	(0.28)	0.00	(0.19)	0.00	0.00	0.00	0.00	81.84

Be your own money manager

Our tools can tell you how much better you can do entering a position in Bango Plc 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 Center Now

Portfolio Center

All portfolio management and optimization tools to improve performance of your portfolios

All Next

Launch Module

Bango Plc Corporate Management

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

Paul Larbey	CEO Director	Profile
Anil Malhotra	Chief Founder	Profile
Jim Plimmer	VP Sales	Profile
Matthew Garner	CFO Director	Profile
Wayne Griffiths	VP Delivery	Profile
Carolyn Rand	Consultant	Profile
Atsuhisa Suzuki	VP APAC	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