Computer Modelling Correlations
| CMDXF Stock | USD 3.34 0.19 5.38% |
The current 90-days correlation between Computer Modelling and Imperial Oil is -0.14 (i.e., Good diversification). The correlation of Computer Modelling 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.
Computer Modelling Correlation With Market
Weak diversification
The correlation between Computer Modelling Group and DJI is 0.39 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Computer Modelling Group and DJI in the same portfolio, assuming nothing else is changed.
Computer |
The ability to find closely correlated positions to Computer Modelling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Computer Modelling 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 Computer Modelling - 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 Computer Modelling Group to buy it.
Moving together with Computer Pink Sheet
Moving against Computer Pink Sheet
| 0.52 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.51 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.47 | PG | Procter Gamble | PairCorr |
Related Correlations Analysis
| 0.86 | 0.8 | 0.83 | 0.79 | 0.73 | SU | ||
| 0.86 | 0.88 | 1.0 | 0.93 | 0.87 | PBR | ||
| 0.8 | 0.88 | 0.85 | 0.78 | 0.72 | EQNR | ||
| 0.83 | 1.0 | 0.85 | 0.93 | 0.88 | PBR-A | ||
| 0.79 | 0.93 | 0.78 | 0.93 | 0.89 | CVE | ||
| 0.73 | 0.87 | 0.72 | 0.88 | 0.89 | IMO | ||
Risk-Adjusted Indicators
There is a big difference between Computer Pink Sheet performing well and Computer Modelling 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 Computer Modelling'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SU | 1.12 | 0.46 | 0.33 | (33.21) | 0.72 | 2.77 | 7.59 | |||
| PBR | 1.33 | 0.45 | 0.22 | (2.09) | 1.27 | 3.70 | 11.62 | |||
| EQNR | 1.39 | 0.21 | 0.08 | (0.63) | 1.44 | 2.86 | 7.91 | |||
| PBR-A | 1.34 | 0.43 | 0.19 | (2.03) | 1.53 | 4.21 | 10.67 | |||
| CVE | 1.69 | 0.31 | 0.13 | 3.43 | 1.82 | 3.72 | 9.18 | |||
| IMO | 1.51 | 0.30 | 0.12 | 1.16 | 1.72 | 3.22 | 8.06 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Computer Modelling 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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Computer Modelling Corporate Management
| Daniel Edelshaim | Head Legal | Profile | |
| Pramod Jain | CEO Pres | Profile | |
| Kristina Mysev | Head Culture | Profile | |
| Krisztina MBA | Head Marketing | Profile | |
| Rahul Jain | Head Operations | Profile | |
| Sheldon Harbinson | Head Operations | Profile | |
| John Eng | Chief Officer | Profile |