Biloxi Marsh Correlations

BLMC Stock

USD 4.18 0.00 0.00%

The current 90-days correlation between Biloxi Marsh Lands and Pacific Coast Oil is 0.01 (i.e., Significant diversification). The correlation of Biloxi Marsh 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 Biloxi Marsh could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Biloxi Marsh 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 Biloxi Marsh - 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 Biloxi Marsh Lands to buy it.

Moving together with Biloxi Pink Sheet

0.7	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.67	KO	Coca Cola Aggressive Push	Pair Corr
0.82	PFE	Pfizer Inc Aggressive Push	Pair Corr

Moving against Biloxi Pink Sheet

0.91	DIS	Walt Disney Sell-off Trend	Pair Corr
0.79	BAC	Bank of America Aggressive Push	Pair Corr
0.78	WMT	Walmart Aggressive Push	Pair Corr
0.77	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.68	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.67	EOG	EOG Resources	Pair Corr
0.64	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.61	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.55	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.38	HPQ	HP Inc	Pair Corr
0.36	COP	ConocoPhillips	Pair Corr
0.33	PXD	Pioneer Natural Resources	Pair Corr
0.32	PG	Procter Gamble Sell-off Trend	Pair Corr

Related Correlations Analysis

	HZNFF	HGTXU	ROYTL	SDTTU	GUKYF	CRT	SJT	MTR	MVO	PRT
HZNFF		0.04	-0.16	-0.07	0.05	-0.32	-0.28	0.08	-0.43	-0.22	HZNFF
HGTXU	0.04		-0.01	0.56	-0.64	-0.61	-0.82	-0.27	-0.08	0.04	HGTXU
ROYTL	-0.16	-0.01		0.04	0.35	0.35	0.12	0.68	0.19	0.34	ROYTL
SDTTU	-0.07	0.56	0.04		-0.25	-0.19	-0.34	-0.08	0.22	0.13	SDTTU
GUKYF	0.05	-0.64	0.35	-0.25		0.48	0.53	0.59	0.13	0.17	GUKYF
CRT	-0.32	-0.61	0.35	-0.19	0.48		0.84	0.3	0.57	0.33	CRT
SJT	-0.28	-0.82	0.12	-0.34	0.53	0.84		0.27	0.32	0.19	SJT
MTR	0.08	-0.27	0.68	-0.08	0.59	0.3	0.27		-0.03	0.24	MTR
MVO	-0.43	-0.08	0.19	0.22	0.13	0.57	0.32	-0.03		0.19	MVO
PRT	-0.22	0.04	0.34	0.13	0.17	0.33	0.19	0.24	0.19		PRT
	HZNFF	HGTXU	ROYTL	SDTTU	GUKYF	CRT	SJT	MTR	MVO	PRT

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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

SJT	+ 0.84	CRT
MTR	+ 0.68	ROYTL
MTR	+ 0.59	GUKYF
MVO	+ 0.57	CRT
SDTTU	+ 0.56	HGTXU
SJT	+ 0.53	GUKYF

High negative correlations

SJT	- 0.82	HGTXU
GUKYF	- 0.64	HGTXU
CRT	- 0.61	HGTXU
MVO	- 0.43	HZNFF
SJT	- 0.34	SDTTU
CRT	- 0.32	HZNFF

Risk-Adjusted Indicators

There is a big difference between Biloxi Pink Sheet performing well and Biloxi Marsh 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 Biloxi Marsh'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
HZNFF	2.98	0.32	0.01	(0.27)	5.13	(10.06)	8.33	(7.69)	56.35
HGTXU	3.00	(0.90)	0.00	1.60	0.00	0.00	5.88	(8.11)	16.36
ROYTL	1.67	0.13	0.01	0.52	2.46	(6.30)	7.14	(6.67)	23.69
SDTTU	2.50	0.58	0.00	(0.20)	0.00	0.00	3.64	(0.31)	111.67
GUKYF	2.51	0.46	0.05	(0.56)	2.81	(4.74)	6.04	(5.70)	27.76
CRT	1.83	0.10	0.04	0.25	1.68	(2.28)	4.27	(2.86)	13.90
SJT	2.22	0.36	0.17	0.57	1.70	(3.09)	5.88	(2.75)	10.70
MTR	1.95	0.23	0.07	0.89	1.65	(2.75)	3.87	(3.10)	18.06
MVO	1.09	(0.03)	0.00	0.82	0.00	0.00	2.69	(2.56)	7.24
PRT	1.36	(0.11)	0.00	(3.25)	0.00	0.00	2.57	(3.19)	6.63

Be your own money manager

Our tools can tell you how much better you can do entering a position in Biloxi Marsh 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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Biloxi Marsh Corporate Management

James III	VP Director	Profile
Karl Zollinger	Treasurer Director	Profile
William Rudolf	Chairman and President	Profile
Charlton III	Sec Counsel	Profile
Peter Dodge	VP	Profile

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