4Cable Tv Correlations

CATV Stock

USD 0.0006 0.0001 14.29%

The current 90-days correlation between 4Cable Tv Internatio and PayPal Holdings is 0.01 (i.e., Significant diversification). The correlation of 4Cable Tv 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. If the correlation is 0, the equities are not correlated; they are entirely random.

4Cable Tv Correlation With Market

Good diversification

The correlation between 4Cable Tv Internatio 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 4Cable Tv Internatio and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to 4Cable Tv could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 4Cable Tv 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 4Cable Tv - 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 4Cable Tv Internatio to buy it.

Moving against 4Cable Pink Sheet

0.46	BAC	Bank of America Aggressive Push	Pair Corr
0.38	WMT	Walmart Aggressive Push	Pair Corr
0.36	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr

Related Correlations Analysis

	PYPL	NDAQ	CHH	MSFT	VRT	PDYN	NVDA	PGHL	AXON
PYPL		0.79	0.91	0.14	0.94	0.5	0.83	0.21	0.86	PYPL
NDAQ	0.79		0.9	0.15	0.84	0.53	0.69	0.33	0.93	NDAQ
CHH	0.91	0.9		0.08	0.93	0.54	0.85	0.26	0.89	CHH
MSFT	0.14	0.15	0.08		0.12	0.12	0.07	0.28	0.03	MSFT
VRT	0.94	0.84	0.93	0.12		0.49	0.89	0.2	0.89	VRT
PDYN	0.5	0.53	0.54	0.12	0.49		0.33	0.74	0.51	PDYN
NVDA	0.83	0.69	0.85	0.07	0.89	0.33		0.07	0.76	NVDA
PGHL	0.21	0.33	0.26	0.28	0.2	0.74	0.07		0.23	PGHL
AXON	0.86	0.93	0.89	0.03	0.89	0.51	0.76	0.23		AXON
	PYPL	NDAQ	CHH	MSFT	VRT	PDYN	NVDA	PGHL	AXON

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Risk-Adjusted Indicators

There is a big difference between 4Cable Pink Sheet performing well and 4Cable Tv 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 4Cable Tv'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
PYPL	1.41	0.15	0.10	0.25	1.54	(1.54)	3.52	(2.75)	10.05
NDAQ	0.79	0.16	0.12	0.37	0.74	(0.90)	1.86	(1.73)	5.20
CHH	1.06	0.18	0.14	0.33	0.89	(1.27)	2.47	(1.86)	7.70
MSFT	0.90	(0.03)	(0.04)	0.07	1.49	(0.86)	2.09	(1.85)	8.19
VRT	2.39	0.61	0.23	0.43	2.36	(2.65)	5.87	(4.39)	20.36
PDYN	9.21	2.64	0.60	0.58	4.07	(13.36)	27.15	(8.05)	134.13
NVDA	2.18	0.01	0.01	0.13	3.11	(2.10)	4.07	(4.69)	12.87
PGHL	29.01	14.82	1.25	3.29	8.45	(31.86)	25.22	(14.38)	63.45
AXON	1.63	0.73	0.52	0.62	0.62	(1.99)	3.52	(2.69)	32.08

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Our tools can tell you how much better you can do entering a position in 4Cable Tv 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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4Cable Tv Corporate Management

John Homsey	VP of Sales and Marketing	Profile
Paul Passey	Vice Operations	Profile
M Richey	Co Sec	Profile
Ross DeMello	Interim Director	Profile

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