Hash Labs Correlations

CGLO Stock  USD 0.0002  0.00  0.00%   
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hash Labs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hash Labs moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
  
The ability to find closely correlated positions to Hash Labs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hash Labs 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 Hash Labs - 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 Hash Labs to buy it.

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

ANVVNXTP
AGILQNXTP
LIQDQNXTP
UNEQNXTP
AGILQANVV
LIQDQANVV
  

High negative correlations

KBNTFRLI
KBNTNTPY
KBNTFCTI
KBNTUNEQ
FCTIUNEQ
KBNTEDTA

Risk-Adjusted Indicators

There is a big difference between Hash Pink Sheet performing well and Hash Labs 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 Hash Labs' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
FRLI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
NXTP  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
NTPY  2.47  0.96  0.00 (0.69) 0.00 
 0.00 
 75.00 
ANVV  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
AGILQ  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
LIQDQ  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
EDTA  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
UNEQ  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
FCTI  8.95  4.28  0.00  1.24  0.00 
 0.00 
 300.00 
KBNT  4.47  1.32  0.00 (1.24) 0.00 
 0.00 
 166.67 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hash Labs 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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Hash Labs Corporate Management

Anna MilaevaChief OfficerProfile
Nancy TrickChief OfficerProfile
David DorrPresident, CoFounderProfile
Pete SedgwickChief OfficerProfile
Lorenzo DelzoppoChief OfficerProfile
Brian DorrCOO CoFounderProfile
Lyle HauserCoFounderProfile