CAVU Resources Correlations

CAVR Stock

USD 0.0005 0.0001 16.67%

The current 90-days correlation between CAVU Resources and Salesforce is -0.11 (i.e., Good diversification). The correlation of CAVU Resources 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.

CAVU Resources Correlation With Market

Good diversification

The correlation between CAVU Resources and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CAVU Resources and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against CAVU Pink Sheet

0.43

UBER

Uber Technologies Aggressive Push

Pair Corr

Related Correlations Analysis

	CRM	SAP	NOW	INTU	UBER	SHOP	APP	MSTR	CDNS
CRM		0.75	0.94	0.52	0.03	0.9	0.94	0.93	0.78	CRM
SAP	0.75		0.79	0.25	0.34	0.55	0.66	0.68	0.54	SAP
NOW	0.94	0.79		0.61	-0.01	0.87	0.93	0.9	0.81	NOW
INTU	0.52	0.25	0.61		-0.46	0.63	0.65	0.52	0.69	INTU
UBER	0.03	0.34	-0.01	-0.46		-0.12	-0.19	-0.13	-0.23	UBER
SHOP	0.9	0.55	0.87	0.63	-0.12		0.93	0.9	0.77	SHOP
APP	0.94	0.66	0.93	0.65	-0.19	0.93		0.97	0.81	APP
MSTR	0.93	0.68	0.9	0.52	-0.13	0.9	0.97		0.76	MSTR
CDNS	0.78	0.54	0.81	0.69	-0.23	0.77	0.81	0.76		CDNS
	CRM	SAP	NOW	INTU	UBER	SHOP	APP	MSTR	CDNS

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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

MSTR	+ 0.97	APP
NOW	+ 0.94	CRM
APP	+ 0.94	CRM
MSTR	+ 0.93	CRM
APP	+ 0.93	NOW
APP	+ 0.93	SHOP

High negative correlations

UBER	- 0.46	INTU
CDNS	- 0.23	UBER
APP	- 0.19	UBER
MSTR	- 0.13	UBER
SHOP	- 0.12	UBER
UBER	- 0.01	NOW

Risk-Adjusted Indicators

There is a big difference between CAVU Pink Sheet performing well and CAVU Resources 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 CAVU Resources' 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
CRM	1.28	0.26	0.21	0.35	0.91	(1.51)	3.18	(1.91)	9.09
SAP	1.06	0.04	(0.02)	0.21	1.16	(1.20)	2.16	(1.91)	6.50
NOW	1.35	0.24	0.18	0.34	1.17	(1.67)	3.04	(2.24)	8.12
INTU	1.27	(0.08)	(0.04)	0.04	1.73	(1.36)	3.34	(2.37)	10.46
UBER	1.62	(0.12)	(0.05)	0.00	2.25	(1.79)	2.69	(2.44)	20.10
SHOP	1.99	0.47	0.24	0.51	1.64	(2.39)	4.91	(2.68)	26.26
APP	3.37	2.03	0.89	3.20	0.92	(4.09)	9.39	(3.46)	48.41
MSTR	5.11	1.38	0.33	0.62	3.99	(6.48)	12.96	(6.05)	41.89
CDNS	1.75	0.08	0.05	0.19	2.01	(1.87)	3.47	(4.40)	17.32

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Our tools can tell you how much better you can do entering a position in CAVU Resources 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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CAVU Resources Corporate Management

Kevin Cox	Chief Officer	Profile
Bruce Day	Contract Energy	Profile
Russell Sinacori	Pres COO	Profile
Desai Robinson	Chief Treasurer	Profile
Joe Caprino	Pres Officer	Profile
Grant Edwards	Chief Officer	Profile
Lloyd Kurth	Chief PostBidShip	Profile

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