Helix Applications Correlations

BLVDF Stock

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The current 90-days correlation between Helix Applications and Blockmate Ventures is -0.21 (i.e., Very good diversification). The correlation of Helix Applications 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.

Helix Applications Correlation With Market

Significant diversification

The correlation between Helix Applications and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Helix Applications and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Helix Pink Sheet

0.54	BFDE	Bedford Energy	Pair Corr
0.52	COHG	Cheetah Oil Gas	Pair Corr
0.43	GS-PA	Goldman Sachs	Pair Corr
0.42	GS-PD	Goldman Sachs	Pair Corr
0.41	IBKR	Interactive Brokers Normal Trading	Pair Corr
0.38	MS-PA	Morgan Stanley	Pair Corr
0.48	PG	Procter Gamble	Pair Corr
0.47	HD	Home Depot	Pair Corr
0.45	XOM	Exxon Mobil Corp Earnings Call This Week	Pair Corr
0.33	BA	Boeing	Pair Corr
0.33	INTC	Intel Earnings Call Today	Pair Corr

Related Correlations Analysis

	MATEF	AHFCF	PPHI	QMCI	PCMC	TRRPF	PRPS	FFTTF	CIBN	JTNB
MATEF		0.0	-0.31	0.36	0.61	-0.26	0.64	0.0	-0.14	-0.6	MATEF
AHFCF	0.0		0.0	0.0	0.0	0.0	0.0	1.0	0.0	0.0	AHFCF
PPHI	-0.31	0.0		-0.24	-0.38	0.13	-0.26	0.0	-0.24	0.26	PPHI
QMCI	0.36	0.0	-0.24		0.38	-0.72	0.19	0.0	-0.43	-0.49	QMCI
PCMC	0.61	0.0	-0.38	0.38		-0.48	0.64	0.0	-0.2	-0.68	PCMC
TRRPF	-0.26	0.0	0.13	-0.72	-0.48		-0.18	0.0	0.65	0.59	TRRPF
PRPS	0.64	0.0	-0.26	0.19	0.64	-0.18		0.0	-0.04	-0.56	PRPS
FFTTF	0.0	1.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	FFTTF
CIBN	-0.14	0.0	-0.24	-0.43	-0.2	0.65	-0.04	0.0		0.28	CIBN
JTNB	-0.6	0.0	0.26	-0.49	-0.68	0.59	-0.56	0.0	0.28		JTNB
	MATEF	AHFCF	PPHI	QMCI	PCMC	TRRPF	PRPS	FFTTF	CIBN	JTNB

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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

FFTTF	+ 1.0	AHFCF
CIBN	+ 0.65	TRRPF
PRPS	+ 0.64	MATEF
PRPS	+ 0.64	PCMC
PCMC	+ 0.61	MATEF
JTNB	+ 0.59	TRRPF

High negative correlations

TRRPF	- 0.72	QMCI
JTNB	- 0.68	PCMC
JTNB	- 0.6	MATEF
JTNB	- 0.56	PRPS
JTNB	- 0.49	QMCI
TRRPF	- 0.48	PCMC

Risk-Adjusted Indicators

There is a big difference between Helix Pink Sheet performing well and Helix Applications 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 Helix Applications' 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
MATEF	5.64	0.39	0.04	(0.56)	5.39	(11.29)	17.35	(9.70)	50.93
AHFCF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PPHI	0.44	0.25	0.00	(0.40)	0.00	0.00	0.00	0.00	7.69
QMCI	2.81	(0.11)	0.00	(0.79)	0.00	0.00	7.69	(7.14)	44.96
PCMC	4.08	0.04	0.00	0.08	0.00	0.00	0.00	0.00	184.82
TRRPF	0.31	0.11	0.00	(0.15)	0.00	0.00	0.00	0.00	10.28
PRPS	0.74	(0.06)	0.00	1.21	0.00	0.00	2.42	(2.78)	13.57
FFTTF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CIBN	1.08	0.09	0.00	(0.33)	1.87	(3.64)	4.32	(3.93)	23.66
JTNB	0.91	0.17	0.03	(0.63)	1.00	(2.16)	2.57	(2.50)	6.68

Be your own money manager

Our tools can tell you how much better you can do entering a position in Helix Applications 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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Helix Applications Corporate Management

David Thomas	CEO Director	Profile
Tim Bullman	Head Trading	Profile
Rodney Prescott	Chief Officer	Profile
Ahokas Msc	Geological Consultant	Profile
Davies	Geological Consultant	Profile
Samad Wali	CFO Sec	Profile

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