Carl Data Correlations
| CDTAF Stock | USD 0.02 0 15.12% |
The current 90-days correlation between Carl Data Solutions and Zonetail is 0.25 (i.e., Modest diversification). The correlation of Carl Data 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.
Carl Data Correlation With Market
Very good diversification
The correlation between Carl Data Solutions and DJI is -0.31 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Carl Data Solutions and DJI in the same portfolio, assuming nothing else is changed.
Carl |
The ability to find closely correlated positions to Carl Data could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carl Data 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 Carl Data - 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 Carl Data Solutions to buy it.
Moving against Carl OTC Stock
| 0.53 | SOJE | Southern Company | PairCorr |
| 0.53 | RHHVF | Roche Holding AG | PairCorr |
| 0.52 | TDY | Teledyne Technologies | PairCorr |
| 0.49 | CMI | Cummins | PairCorr |
| 0.49 | BNL | Broadstone Net Lease Sell-off Trend | PairCorr |
| 0.48 | GEL | Genesis Energy LP | PairCorr |
| 0.48 | VKQ | Invesco Municipal Trust | PairCorr |
| 0.47 | OTSKY | Otsuka Holdings | PairCorr |
| 0.46 | ESCA | Escalade Incorporated | PairCorr |
| 0.46 | MEEEF | Metal Energy Corp | PairCorr |
| 0.42 | MFGCF | Mayfair Gold Corp | PairCorr |
| 0.4 | ABCB | Ameris Bancorp | PairCorr |
| 0.53 | OXY | Occidental Petroleum Aggressive Push | PairCorr |
| 0.52 | ALFVF | Alfa Laval AB | PairCorr |
| 0.5 | CGON | CG Oncology Common | PairCorr |
| 0.49 | WEJTY | Webjet Limited | PairCorr |
Related Correlations Analysis
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
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Risk-Adjusted Indicators
There is a big difference between Carl OTC Stock performing well and Carl Data 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 Carl Data'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ZTLLF | 1.05 | (0.53) | 0.00 | 6.53 | 0.00 | 0.00 | 17.95 | |||
| PTOP | 6.33 | (1.30) | 0.00 | 1.00 | 0.00 | 13.64 | 48.11 | |||
| SWISF | 8.58 | 1.06 | 0.13 | 0.33 | 8.56 | 22.41 | 56.65 | |||
| HMBL | 7.48 | 0.26 | 0.00 | 0.11 | 0.00 | 0.00 | 150.00 | |||
| CRYBF | 8.95 | 0.72 | 0.07 | 0.79 | 9.04 | 19.24 | 37.28 | |||
| EVOL | 0.88 | 0.13 | 0.00 | (0.07) | 0.00 | 0.00 | 42.04 | |||
| VSMR | 14.99 | 4.01 | 0.10 | 0.85 | 13.34 | 44.59 | 266.21 | |||
| ONEI | 5.57 | (0.11) | 0.00 | (0.17) | 0.00 | 11.76 | 66.67 | |||
| FERN | 6.60 | 0.08 | 0.01 | 0.14 | 6.90 | 15.79 | 38.91 | |||
| LVWD | 5.25 | 0.53 | 0.06 | 0.33 | 5.48 | 11.11 | 43.18 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Carl Data 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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Carl Data Corporate Management
Elected by the shareholders, the Carl Data's board of directors comprises two types of representatives: Carl Data inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Carl. The board's role is to monitor Carl Data's management team and ensure that shareholders' interests are well served. Carl Data'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, Carl Data's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Piotr Stepinski | Chief Officer | Profile | |
| Trent Kamins | Account Mang | Profile | |
| JeanCharles Phaneuf | CEO Director | Profile | |
| David Johnston | President | Profile | |
| Nathan Rudyk | Director Communications | Profile | |
| Kevin Marsh | Pres FlowWorks | Profile |