Buhler Industries Correlations

BIIAF Stock  USD 1.88  0.00  0.00%   
The correlation of Buhler 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.
  
The ability to find closely correlated positions to Buhler 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 Buhler 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 Buhler 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 Buhler Industries to buy it.

Moving against Buhler Pink Sheet

  1.0MHCRF Mothercare Plc OrdPairCorr
  1.0GTOR Ggtoor IncPairCorr

Related Correlations Analysis

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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   
SGHP
DLTTFSG
DLTTFMMTRS
SGRICK
SGMMTRS
DLTTFHP
  
High negative correlations   
NEMMTRS
BTBDNE
DLTTFNE
BTBDRICK
SGNE
NEHP

Risk-Adjusted Indicators

There is a big difference between Buhler Pink Sheet performing well and Buhler 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 Buhler 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Buhler 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.

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Buhler Industries Corporate Management

Helen BergenMa HRProfile
Adam ReidVP DirectorProfile
Willy JanzenChief OfficerProfile
Grant PMgrCOO ChairmanProfile
Chad GreyDirector DivisionProfile