Clean Seed Correlations

CLGPF Stock  USD 0.08  0.00  0.00%   
The current 90-days correlation between Clean Seed Capital and Star Navigation Systems is -0.08 (i.e., Good diversification). The correlation of Clean Seed 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.

Clean Seed Correlation With Market

Modest diversification

The correlation between Clean Seed Capital and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Clean Seed Capital and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Clean Seed could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clean Seed 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 Clean Seed - 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 Clean Seed Capital to buy it.

Moving together with Clean Pink Sheet

  0.76AAPL Apple IncPairCorr
  0.82GOOG Alphabet Class C Sell-off TrendPairCorr
  0.77BMYMP Bristol Myers SquibbPairCorr
  0.82AA Alcoa Corp Sell-off TrendPairCorr
  0.87BAC Bank of AmericaPairCorr
  0.63GWW WW GraingerPairCorr
  0.76REGN Regeneron PharmaceuticalsPairCorr
  0.63ZPTA Zapata Computing Holdings Tech BoostPairCorr
  0.62EGP EastGroup PropertiesPairCorr
  0.92CX Cemex SAB de Sell-off TrendPairCorr
  0.69RLMD Relmada TherapeuticsPairCorr
  0.79APGE Apogee Therapeutics,PairCorr
  0.89GM General MotorsPairCorr

Moving against Clean Pink Sheet

  0.75NTNX NutanixPairCorr
  0.6MSFT MicrosoftPairCorr
  0.5META Meta PlatformsPairCorr
  0.4312532HAF1 GIBACN 23 14PairCorr
  0.35SWRM AppswarmPairCorr

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

XERIBCCEF
HYEGENPRF
OATNBCCEF
OATNXERI
ENPRFMPHYF
XERIMPHYF
  

High negative correlations

OATNENPRF
OATNHYEG
XERIENPRF
BCCEFENPRF
DNDDFMPHYF
XERIHYEG

Risk-Adjusted Indicators

There is a big difference between Clean Pink Sheet performing well and Clean Seed 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 Clean Seed'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
MPHYF  26.86  14.76  0.00 (0.70) 0.00 
 0.00 
 900.00 
DNDDF  0.30 (0.16) 0.00  5.11  0.00 
 0.00 
 0.20 
SNAVF  3.76  0.40  0.01 (0.16) 5.77 
 11.29 
 72.90 
ENPRF  2.43  1.10  0.00 (1.10) 0.00 
 0.00 
 68.98 
HYEG  15.68  3.58  0.15 (17.09) 14.08 
 59.60 
 137.30 
BCCEF  6.07  0.56  0.04 (0.41) 7.58 
 14.58 
 52.04 
XERI  9.19  1.25  0.09 (0.51) 7.83 
 28.57 
 63.33 
OATN  3.45 (0.04) 0.00  0.04  0.00 
 0.00 
 67.17 
DFCO  17.05  2.50  0.11 (3.23) 15.76 
 54.05 
 139.41 
GTMAY  63.39  29.62  0.00  1.28  0.00 
 33.33 
 1,099 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Clean Seed 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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