Calian Group Correlations

CLNFF Stock

USD 45.90 0.79 1.75%

The current 90-days correlation between Calian Group and PAX Global Technology is 0.08 (i.e., Significant diversification). The correlation of Calian Group 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.

Calian Group Correlation With Market

Very poor diversification

The correlation between Calian Group and DJI is 0.84 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Calian Group and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Calian Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calian Group 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 Calian Group - 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 Calian Group to buy it.

Moving together with Calian Pink Sheet

0.76	GOOG	Alphabet Class C	Pair Corr
0.68	BMYMP	Bristol Myers Squibb	Pair Corr
0.74	META	Meta Platforms	Pair Corr
0.79	TSM	Taiwan Semiconductor Aggressive Push	Pair Corr
0.72	INTC	Intel Aggressive Push	Pair Corr
0.67	MCD	McDonalds Earnings Call This Week	Pair Corr
0.83	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.75	MRK	Merck Company Aggressive Push	Pair Corr
0.86	WMT	Walmart Common Stock Aggressive Push	Pair Corr
0.82	JNJ	Johnson Johnson	Pair Corr
0.8	AA	Alcoa Corp	Pair Corr
0.88	DD	Dupont De Nemours Earnings Call Tomorrow	Pair Corr

Moving against Calian Pink Sheet

0.72	HPQ	HP Inc	Pair Corr
0.71	MSFT	Microsoft	Pair Corr
0.53	MMM	3M Company	Pair Corr
0.36	AAPL	Apple Inc Aggressive Push	Pair Corr

Related Correlations Analysis

	GSFP	PXGYF	SPSTY	MKDW	SPSTF	CAPR	LPSN	EVTC	SKLTY	WEGOF
GSFP		-0.42	0.03	-0.47	0.68	0.78	-0.86	0.44	-0.79	0.66	GSFP
PXGYF	-0.42		0.35	0.39	-0.56	-0.46	0.52	-0.26	0.39	-0.65	PXGYF
SPSTY	0.03	0.35		-0.01	-0.03	0.03	0.03	-0.25	-0.18	-0.06	SPSTY
MKDW	-0.47	0.39	-0.01		-0.37	-0.19	0.75	0.17	0.56	-0.33	MKDW
SPSTF	0.68	-0.56	-0.03	-0.37		0.85	-0.59	0.18	-0.64	0.66	SPSTF
CAPR	0.78	-0.46	0.03	-0.19	0.85		-0.57	0.39	-0.62	0.71	CAPR
LPSN	-0.86	0.52	0.03	0.75	-0.59	-0.57		-0.23	0.75	-0.6	LPSN
EVTC	0.44	-0.26	-0.25	0.17	0.18	0.39	-0.23		-0.12	0.36	EVTC
SKLTY	-0.79	0.39	-0.18	0.56	-0.64	-0.62	0.75	-0.12		-0.62	SKLTY
WEGOF	0.66	-0.65	-0.06	-0.33	0.66	0.71	-0.6	0.36	-0.62		WEGOF
	GSFP	PXGYF	SPSTY	MKDW	SPSTF	CAPR	LPSN	EVTC	SKLTY	WEGOF

Please upgrade your account to get full access to Macroaxis premium features

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

CAPR	+ 0.85	SPSTF
CAPR	+ 0.78	GSFP
LPSN	+ 0.75	MKDW
SKLTY	+ 0.75	LPSN
WEGOF	+ 0.71	CAPR
SPSTF	+ 0.68	GSFP

High negative correlations

LPSN	- 0.86	GSFP
SKLTY	- 0.79	GSFP
WEGOF	- 0.65	PXGYF
SKLTY	- 0.64	SPSTF
WEGOF	- 0.62	SKLTY
SKLTY	- 0.62	CAPR

Risk-Adjusted Indicators

There is a big difference between Calian Pink Sheet performing well and Calian Group 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 Calian Group'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
GSFP	0.55	0.18	0.16	2.71	0.33	(0.68)	1.27	(1.10)	3.10
PXGYF	1.46	0.01	0.00	0.09	2.26	(4.89)	4.92	(6.15)	14.79
SPSTY	1.37	0.11	0.01	(2.75)	2.06	(2.95)	3.81	(3.49)	16.23
MKDW	4.51	(1.42)	0.00	(2.97)	0.00	0.00	7.64	(17.93)	36.75
SPSTF	0.48	0.09	0.00	0.23	0.00	0.00	0.00	0.00	6.67
CAPR	12.22	5.02	0.89	0.79	4.30	(15.81)	11.51	(8.29)	386.29
LPSN	3.76	(1.19)	0.00	(0.37)	0.00	0.00	5.56	(7.19)	25.36
EVTC	1.55	(0.15)	0.00	(0.06)	0.00	0.00	2.94	(3.14)	11.68
SKLTY	1.41	(0.45)	0.00	2.55	0.00	0.00	2.18	(3.75)	10.85
WEGOF	1.78	0.43	0.00	0.28	0.00	0.00	0.00	0.00	78.98

Be your own money manager

Our tools can tell you how much better you can do entering a position in Calian Group 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 Stocks Directory Now

Stocks Directory

Find actively traded stocks across global markets

All Next

Launch Module

Calian Group Corporate Management

Patrick Thera	VP and General Manager of Systems Engineering Division	Profile
Gordon PEng	Pres Services	Profile
Jennifer CFA	Director Relations	Profile
Michele Bedford	Chief Officer	Profile
Michael Muldner	Chief Officer	Profile
Seann Hamer	Chief Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC