Bowmo Correlations
| BOMO Stock | USD 0.01 0 38.89% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bowmo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bowmo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Bowmo Correlation With Market
Good diversification
The correlation between Bowmo Inc and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bowmo Inc and DJI in the same portfolio, assuming nothing else is changed.
Bowmo |
The ability to find closely correlated positions to Bowmo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bowmo 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 Bowmo - 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 Bowmo Inc to buy it.
Moving together with Bowmo Pink Sheet
| 0.67 | CRM | Salesforce Earnings Call This Week | PairCorr |
| 0.67 | SHOP | Shopify | PairCorr |
| 0.7 | APP | Applovin Corp Tech Boost | PairCorr |
| 0.79 | MSTR | MicroStrategy Incorporated Aggressive Push | PairCorr |
| 0.68 | CSCO | Cisco Systems | PairCorr |
| 0.75 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.84 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.64 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.63 | WMT | Walmart Aggressive Push | PairCorr |
| 0.72 | BAC | Bank of America Aggressive Push | PairCorr |
Moving against Bowmo Pink Sheet
| 0.73 | BKRKY | Bank Rakyat | PairCorr |
| 0.71 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.65 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.56 | SHG | Shinhan Financial | PairCorr |
| 0.55 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.43 | PBCRY | Bank Central Asia | PairCorr |
| 0.69 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.67 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.57 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.48 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Related Correlations Analysis
| 0.18 | -0.05 | -0.05 | 0.0 | HVCW | ||
| 0.18 | -0.12 | -0.21 | 0.0 | TXTM | ||
| -0.05 | -0.12 | -0.12 | 0.0 | TONR | ||
| -0.05 | -0.21 | -0.12 | 0.0 | TGGI | ||
| 0.0 | 0.0 | 0.0 | 0.0 | GEGI | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Bowmo Pink Sheet performing well and Bowmo 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 Bowmo'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HVCW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TXTM | 6.79 | 0.96 | 0.08 | 2.40 | 7.29 | 15.38 | 42.86 | |||
| TONR | 10.34 | 1.58 | 0.03 | (0.32) | 12.33 | 50.00 | 83.33 | |||
| TGGI | 17.51 | 2.66 | 0.06 | 2.26 | 17.72 | 100.00 | 150.00 | |||
| GEGI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bowmo 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?
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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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Bowmo Corporate Management
| Eddie Aizman | CoFounder CEO | Profile | |
| Jay Curry | Chief Officer | Profile | |
| Michael Lakshin | Chairman Pres | Profile | |
| Keith Carlson | Chief Officer | Profile | |
| Michael Neece | Chief Officer | Profile |