Basic-Fit Correlations

BSFFF Stock

USD 35.00 0.75 2.19%

The current 90-days correlation between Basic Fit NV and Round One is 0.11 (i.e., Average diversification). The correlation of Basic-Fit 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.

Basic-Fit Correlation With Market

Very good diversification

The correlation between Basic Fit NV and DJI is -0.23 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Basic Fit NV and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Basic-Fit Pink Sheet

0.7	CUK	Carnival Plc ADS	Pair Corr
0.62	LNNGF	Li Ning Company	Pair Corr
0.63	LNNGY	Li Ning	Pair Corr
0.61	WNC	Wabash National	Pair Corr
0.63	MCHB	Mechanics Bank Symbol Change	Pair Corr
0.68	FTV	Fortive Corp	Pair Corr
0.67	MRK	Merck Company Sell-off Trend	Pair Corr
0.81	WMT	Walmart Common Stock	Pair Corr
0.85	AA	Alcoa Corp	Pair Corr
0.65	JNJ	Johnson Johnson	Pair Corr

Moving against Basic-Fit Pink Sheet

0.74	TRNR	Interactive Strength	Pair Corr
0.73	OLCLF	Oriental Land	Pair Corr
0.64	NCBDY	BANDAI NAMCO Holdings	Pair Corr
0.44	OLCLY	Oriental Land	Pair Corr
0.49	T	ATT Inc	Pair Corr
0.43	HPQ	HP Inc	Pair Corr
0.36	HD	Home Depot Sell-off Trend	Pair Corr

Related Correlations Analysis

	RNDOF	DTCGF	TOMYY	SNMSF	GPGNF	MNHFF	XTPEF	YONXF	WEBJF	FHNGY
RNDOF		0.62	0.0	-0.53	-0.45	0.0	0.18	0.0	0.0	0.7	RNDOF
DTCGF	0.62		0.0	-0.46	-0.59	0.0	0.08	0.0	0.0	0.65	DTCGF
TOMYY	0.0	0.0		0.0	0.0	0.0	0.0	0.0	-1.0	0.0	TOMYY
SNMSF	-0.53	-0.46	0.0		0.59	0.0	0.1	0.0	0.0	-0.4	SNMSF
GPGNF	-0.45	-0.59	0.0	0.59		0.0	0.09	0.0	0.0	-0.57	GPGNF
MNHFF	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	MNHFF
XTPEF	0.18	0.08	0.0	0.1	0.09	0.0		0.0	0.0	0.37	XTPEF
YONXF	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	YONXF
WEBJF	0.0	0.0	-1.0	0.0	0.0	0.0	0.0	0.0		0.0	WEBJF
FHNGY	0.7	0.65	0.0	-0.4	-0.57	0.0	0.37	0.0	0.0		FHNGY
	RNDOF	DTCGF	TOMYY	SNMSF	GPGNF	MNHFF	XTPEF	YONXF	WEBJF	FHNGY

Please upgrade your account to get full access to Macroaxis premium features

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

FHNGY	+ 0.7	RNDOF
FHNGY	+ 0.65	DTCGF
DTCGF	+ 0.62	RNDOF
GPGNF	+ 0.59	SNMSF
FHNGY	+ 0.37	XTPEF
XTPEF	+ 0.18	RNDOF

High negative correlations

WEBJF	- 1.0	TOMYY
GPGNF	- 0.59	DTCGF
FHNGY	- 0.57	GPGNF
SNMSF	- 0.53	RNDOF
SNMSF	- 0.46	DTCGF
GPGNF	- 0.45	RNDOF

Risk-Adjusted Indicators

There is a big difference between Basic-Fit Pink Sheet performing well and Basic-Fit 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 Basic-Fit'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
RNDOF	11.03	3.01	0.08	(30.48)	12.06	(63.68)	6.00	(16.44)	232.75
DTCGF	0.33	(0.18)	0.00	1.48	0.00	0.00	0.00	0.00	4.72
TOMYY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SNMSF	1.30	0.05	0.01	0.15	1.61	(1.43)	3.11	(2.73)	13.20
GPGNF	5.49	3.05	0.00	(0.75)	0.00	0.00	0.00	0.00	184.00
MNHFF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
XTPEF	1.48	0.07	0.00	(0.06)	0.00	0.00	9.23	(4.55)	28.94
YONXF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
WEBJF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FHNGY	1.24	(0.35)	0.00	(0.27)	0.00	0.00	1.76	(1.73)	24.48

Be your own money manager

Our tools can tell you how much better you can do entering a position in Basic-Fit 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 Risk-Return Analysis Now

Risk-Return Analysis

View associations between returns expected from investment and the risk you assume

All Next

Launch Module

Basic-Fit Corporate Management

Erica Hahn	Chief Board	Profile
Redouane Zekkri	COO Board	Profile
John Roeg	Investor Mang	Profile
Erica Vonderen	Chief Officer	Profile
Ren Moos	Chairman CEO	Profile
Richard Piekaar	Investor Relations Contact Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC