BioLargo Correlations
| BLGO Stock | USD 0.29 0.01 3.33% |
The current 90-days correlation between BioLargo and First Graphene is 0.08 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BioLargo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BioLargo moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
BioLargo |
The ability to find closely correlated positions to BioLargo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BioLargo 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 BioLargo - 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 BioLargo to buy it.
Moving together with BioLargo OTC Stock
Moving against BioLargo OTC Stock
| 0.55 | PCTTW | PureCycle Technologies Upward Rally | PairCorr |
| 0.51 | PG | Procter Gamble Earnings Call Today | PairCorr |
| 0.42 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.42 | COCXF | Chocoladefabriken Lindt | PairCorr |
| 0.41 | TRV | The Travelers Companies | PairCorr |
| 0.39 | MULN | Mullen Automotive | PairCorr |
| 0.38 | INTC | Intel Earnings Call This Week | PairCorr |
| 0.36 | DIS | Walt Disney | PairCorr |
| 0.31 | MSFT | Microsoft Earnings Call This Week | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between BioLargo OTC Stock performing well and BioLargo 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 BioLargo'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ALTHF | 4.75 | 0.62 | 0.03 | 1.21 | 6.56 | 18.52 | 90.26 | |||
| AHKSF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AHKSY | 0.92 | (0.03) | 0.00 | (0.52) | 0.00 | 1.70 | 10.16 | |||
| FLRE | 10.66 | (1.95) | 0.00 | 1.41 | 0.00 | 25.00 | 150.00 | |||
| AFPW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FGPHF | 8.35 | 1.11 | 0.09 | (0.96) | 8.73 | 21.74 | 47.09 | |||
| ASPI | 7.05 | 0.65 | 0.07 | 3.47 | 7.83 | 13.16 | 43.32 | |||
| GNENY | 2.68 | 0.15 | 0.02 | 0.50 | 3.52 | 8.20 | 30.62 | |||
| SHECY | 1.07 | (0.25) | 0.00 | (0.47) | 0.00 | 1.69 | 6.44 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in BioLargo 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 File Import Now
Portfolio File ImportQuickly import all of your third-party portfolios from your local drive in csv format |
| All Next | Launch Module |
BioLargo Corporate Management
Elected by the shareholders, the BioLargo's board of directors comprises two types of representatives: BioLargo inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BioLargo. The board's role is to monitor BioLargo's management team and ensure that shareholders' interests are well served. BioLargo'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, BioLargo's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Richard Smith | Pres Water | Profile | |
| Randall Moore | Science Engineering | Profile | |
| Steven II | Pres Inc | Profile | |
| CFA II | Chief Officer | Profile |