COMINTL BK Correlations
| CIN Stock | EUR 2.20 0.16 6.78% |
The current 90-days correlation between COMINTL BK GDR and Cleanaway Waste Management is -0.13 (i.e., Good diversification). The correlation of COMINTL BK 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.
COMINTL BK Correlation With Market
Poor diversification
The correlation between COMINTL BK GDR and DJI is 0.75 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding COMINTL BK GDR and DJI in the same portfolio, assuming nothing else is changed.
COMINTL |
The ability to find closely correlated positions to COMINTL BK could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace COMINTL BK 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 COMINTL BK - 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 COMINTL BK GDR to buy it.
Moving together with COMINTL Stock
| 0.84 | XSI | Sanyo Chemical Industries | PairCorr |
| 0.81 | GCB | PTT Global Chemical | PairCorr |
| 0.92 | H3M | Hochschild Mining plc | PairCorr |
| 0.87 | 6HS | Horseshoe Metals | PairCorr |
| 0.65 | UUEC | United Utilities | PairCorr |
| 0.65 | 4HF | Hoist Finance AB Earnings Call Tomorrow | PairCorr |
| 0.74 | QIA | QIAGEN NV Split | PairCorr |
| 0.85 | 8SF | SLIGRO FOOD GROUP | PairCorr |
| 0.86 | GJ9 | SLC Agricola SA Split | PairCorr |
| 0.66 | 4OQ1 | AGNC Investment Corp | PairCorr |
| 0.68 | CU3 | Cohu Inc Earnings Call This Week | PairCorr |
| 0.73 | ARW | Arrow Electronics | PairCorr |
| 0.61 | LUS1 | Lang Schwarz Aktieng | PairCorr |
| 0.85 | NEF | NESTE OIL | PairCorr |
Moving against COMINTL Stock
| 0.69 | APC8 | APPLE INC CDR | PairCorr |
| 0.62 | BDD | CONICO LTD Split | PairCorr |
| 0.38 | 5E9 | BUKALAPAK TBKPT RP50 | PairCorr |
| 0.7 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.37 | SOBA | ATT Inc | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 1.0 | 0.0 | 0.0 | ODP | ||
| 0.0 | -0.23 | -0.28 | 0.0 | -0.16 | 0.18 | TG9 | ||
| 0.0 | -0.23 | -0.08 | 0.0 | -0.1 | -0.48 | WIQ | ||
| 0.0 | -0.28 | -0.08 | 0.0 | -0.34 | -0.48 | JAL | ||
| 1.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | GOKA | ||
| 0.0 | -0.16 | -0.1 | -0.34 | 0.0 | 0.67 | UCE | ||
| 0.0 | 0.18 | -0.48 | -0.48 | 0.0 | 0.67 | SWN | ||
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
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Risk-Adjusted Indicators
There is a big difference between COMINTL Stock performing well and COMINTL BK 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 COMINTL BK'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ODP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TG9 | 0.71 | (0.01) | (0.03) | (0.02) | 0.93 | 2.03 | 6.88 | |||
| WIQ | 2.08 | (0.32) | 0.00 | (1.94) | 0.00 | 3.80 | 19.09 | |||
| JAL | 0.68 | (0.03) | 0.00 | 0.66 | 0.00 | 1.94 | 6.88 | |||
| GOKA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| UCE | 3.28 | 0.73 | 0.16 | 1.03 | 3.42 | 6.92 | 27.96 | |||
| SWN | 2.16 | 0.80 | 0.49 | 0.99 | 1.16 | 6.33 | 10.35 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in COMINTL BK 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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COMINTL BK Corporate Management
Elected by the shareholders, the COMINTL BK's board of directors comprises two types of representatives: COMINTL BK inside directors who are chosen from within the company, and outside directors, selected externally and held independent of COMINTL. The board's role is to monitor COMINTL BK's management team and ensure that shareholders' interests are well served. COMINTL BK'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, COMINTL BK's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mahmoud Ahmed | Chief Officer | Profile | |
| Omar ElHusseiny | Chief Executive | Profile | |
| Aboelhasan Amin | Head Group | Profile | |
| Yasmine Hemeda | Head Relations | Profile | |
| Tony Prestedge | Executive Advisor | Profile | |
| Nelly Zeneiny | Investor Officer | Profile |