Cathedra Bitcoin Correlations
| CBTTF Stock | USD 0.05 0 5.56% |
The current 90-days correlation between Cathedra Bitcoin and Cypherpunk Holdings is 0.18 (i.e., Average diversification). The correlation of Cathedra Bitcoin 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.
Cathedra Bitcoin Correlation With Market
Modest diversification
The correlation between Cathedra Bitcoin and DJI is 0.23 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cathedra Bitcoin and DJI in the same portfolio, assuming nothing else is changed.
Cathedra |
The ability to find closely correlated positions to Cathedra Bitcoin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cathedra Bitcoin 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 Cathedra Bitcoin - 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 Cathedra Bitcoin to buy it.
Moving together with Cathedra OTC Stock
| 0.76 | GS-PA | Goldman Sachs | PairCorr |
| 0.77 | MS-PK | Morgan Stanley | PairCorr |
| 0.71 | JNJ | Johnson Johnson | PairCorr |
| 0.73 | HPQ | HP Inc | PairCorr |
| 0.65 | AA | Alcoa Corp | PairCorr |
| 0.66 | MCD | McDonalds Earnings Call This Week | PairCorr |
Moving against Cathedra OTC Stock
| 0.82 | LPTH | LightPath Technologies Earnings Call This Week | PairCorr |
| 0.66 | GOOG | Alphabet Class C Earnings Call This Week | PairCorr |
| 0.66 | GILT | Gilat Satellite Networks | PairCorr |
| 0.63 | LGCY | Legacy Education | PairCorr |
| 0.52 | IBKR | Interactive Brokers | PairCorr |
| 0.51 | AMZN | Amazon Inc Earnings Call This Week | PairCorr |
| 0.5 | V | Visa Class A | PairCorr |
| 0.48 | MS-PA | Morgan Stanley | PairCorr |
| 0.4 | META | Meta Platforms Aggressive Push | PairCorr |
| 0.32 | GS | Goldman Sachs Group | PairCorr |
| 0.67 | BA | Boeing | PairCorr |
| 0.55 | AXP | American Express | PairCorr |
| 0.53 | CSCO | Cisco Systems | PairCorr |
| 0.48 | JPM | JPMorgan Chase | PairCorr |
| 0.41 | MMM | 3M Company | PairCorr |
| 0.36 | DIS | Walt Disney Earnings Call This Week | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Cathedra OTC Stock performing well and Cathedra Bitcoin OTC Stock 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 Cathedra Bitcoin'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| APPCF | 0.30 | 0.15 | 0.00 | (1.70) | 0.00 | 0.00 | 10.00 | |||
| ARCNF | 2.69 | (1.27) | 0.00 | 1.17 | 0.00 | 0.00 | 90.00 | |||
| CYFRF | 9.51 | 2.88 | 0.31 | 3.84 | 8.43 | 25.32 | 48.70 | |||
| CRMZ | 1.85 | 0.12 | 0.02 | 0.28 | 2.25 | 4.14 | 21.20 | |||
| SPNNF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| OZFRY | 1.21 | (0.65) | 0.00 | (2.58) | 0.00 | 0.00 | 40.65 | |||
| EBML | 13.57 | 1.24 | 0.03 | (0.50) | 15.74 | 33.33 | 150.00 | |||
| MATEF | 14.09 | 4.94 | 0.31 | (0.79) | 9.61 | 50.94 | 118.61 | |||
| ABSOF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ATCC | 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 Cathedra Bitcoin 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 Equity Forecasting Now
Equity ForecastingUse basic forecasting models to generate price predictions and determine price momentum |
| All Next | Launch Module |
Cathedra Bitcoin Corporate Management
Elected by the shareholders, the Cathedra Bitcoin's board of directors comprises two types of representatives: Cathedra Bitcoin inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cathedra. The board's role is to monitor Cathedra Bitcoin's management team and ensure that shareholders' interests are well served. Cathedra Bitcoin's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cathedra Bitcoin's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas Armstrong | COO Pres | Profile | |
| Sean CGA | Corp CFO | Profile | |
| Antonin Scalia | CEO Director | Profile | |
| Rete Browning | Chief Officer | Profile | |
| Tom Masiero | Head Devel | Profile | |
| Isaac Fithian | Chief Officer | Profile |