Capital Properties Correlations
| CPTPDelisted Stock | USD 12.67 0.00 0.00% |
The current 90-days correlation between Capital Properties and Community Bancorp is -0.14 (i.e., Good diversification). The correlation of Capital Properties 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Capital Properties Correlation With Market
Significant diversification
The correlation between Capital Properties and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Capital Properties and DJI in the same portfolio, assuming nothing else is changed.
Capital |
The ability to find closely correlated positions to Capital Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capital Properties 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 Capital Properties - 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 Capital Properties to buy it.
Moving together with Capital OTC Stock
Moving against Capital OTC Stock
| 0.61 | FTHM | Fathom Holdings | PairCorr |
| 0.54 | LPA | Logistic Properties | PairCorr |
| 0.37 | UKOMW | Ucommune International | PairCorr |
| 0.31 | GBR | New Concept Energy | PairCorr |
| 0.62 | MDJH | MDJM | PairCorr |
| 0.61 | RMR | RMR Group | PairCorr |
| 0.38 | TCI | Transcontinental Realty | PairCorr |
| 0.53 | ASPS | Altisource Portfolio | PairCorr |
| 0.51 | ALBT | Avalon GloboCare Corp | PairCorr |
Related Correlations Analysis
| 0.61 | -0.27 | 0.28 | 0.44 | CMTV | ||
| 0.61 | -0.2 | 0.34 | 0.47 | MHGU | ||
| -0.27 | -0.2 | -0.43 | -0.75 | FMBM | ||
| 0.28 | 0.34 | -0.43 | 0.58 | ENBP | ||
| 0.44 | 0.47 | -0.75 | 0.58 | CRMZ | ||
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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 Capital OTC Stock performing well and Capital Properties OTC Stock 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 Capital Properties' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CMTV | 1.41 | 0.12 | (0.02) | (0.09) | 1.97 | 3.39 | 14.15 | |||
| MHGU | 0.93 | 0.04 | (0.02) | 0.25 | 1.36 | 3.69 | 13.25 | |||
| FMBM | 0.98 | (0.06) | 0.00 | 0.35 | 0.00 | 1.41 | 5.36 | |||
| ENBP | 1.94 | 0.08 | 0.00 | 0.80 | 3.18 | 4.11 | 22.42 | |||
| CRMZ | 2.12 | 0.65 | 0.17 | 1.12 | 1.93 | 5.45 | 18.15 |
Capital Properties Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Capital Properties otc stock to make a market-neutral strategy. Peer analysis of Capital Properties could also be used in its relative valuation, which is a method of valuing Capital Properties by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Capital Properties?
Investing in delisted otcs can be risky, as the otc stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.