Community Redevelopment Correlations
| CRDV Stock | USD 0.0007 0.0002 22.22% |
The current 90-days correlation between Community Redevelopment and Lend Lease Group is -0.05 (i.e., Good diversification). The correlation of Community Redevelopment 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.
Community Redevelopment Correlation With Market
Excellent diversification
The correlation between Community Redevelopment and DJI is -0.59 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Community Redevelopment and DJI in the same portfolio, assuming nothing else is changed.
Community |
The ability to find closely correlated positions to Community Redevelopment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Community Redevelopment 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 Community Redevelopment - 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 Community Redevelopment to buy it.
Moving against Community Pink Sheet
| 0.62 | MSGE | Madison Square Garden | PairCorr |
| 0.6 | WLK | Westlake Chemical | PairCorr |
| 0.6 | BCO | Brinks Company | PairCorr |
| 0.58 | TWMIF | Tidewater Midstream and Earnings Call This Week | PairCorr |
| 0.56 | TDY | Teledyne Technologies | PairCorr |
| 0.55 | ARNI | Arno Therapeutics | PairCorr |
| 0.55 | ADEA | ADEIA P | PairCorr |
| 0.54 | SPHXF | SM Prime Holdings | PairCorr |
| 0.53 | MITEF | Mitsubishi Estate | PairCorr |
| 0.52 | MITEY | Mitsubishi Estate | PairCorr |
| 0.51 | DFKCY | Daifuku Co | PairCorr |
| 0.51 | ALL-PB | Allstate | PairCorr |
| 0.51 | SOJE | Southern Company | PairCorr |
| 0.5 | MOS | Mosaic | PairCorr |
| 0.49 | OTSKY | Otsuka Holdings | PairCorr |
| 0.48 | SMGZY | Smiths Group Plc | PairCorr |
| 0.47 | DIFTY | Daito Trust Construction | PairCorr |
| 0.47 | UAMY | United States Antimony Aggressive Push | PairCorr |
| 0.44 | NWWDF | New World Development | PairCorr |
| 0.44 | NDVLY | New World Development | PairCorr |
| 0.44 | NINTF | Ninety One Group | PairCorr |
| 0.44 | MBINN | Merchants Bancorp | PairCorr |
| 0.41 | CIADY | China Mengniu Dairy | PairCorr |
| 0.38 | HLDCY | Henderson Land Devel | PairCorr |
| 0.38 | MTSFY | Mitsui Fudosan | PairCorr |
| 0.38 | MTSFF | Mitsui Fudosan | PairCorr |
| 0.6 | USAS | Americas Silver Corp | PairCorr |
| 0.59 | JBARF | Julius Br Gruppe | PairCorr |
| 0.58 | RHHVF | Roche Holding AG | PairCorr |
| 0.57 | LUCRF | Lucara Diamond Corp | PairCorr |
| 0.57 | CMI | Cummins | PairCorr |
| 0.54 | CING | Cingulate | PairCorr |
| 0.54 | TFC | Truist Financial Corp | PairCorr |
| 0.54 | DMLP | Dorchester Minerals | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Community Pink Sheet performing well and Community Redevelopment 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 Community Redevelopment'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CJNHF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FRSHY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SRRLF | 0.90 | 0.05 | (0.01) | 1.68 | 1.34 | 3.25 | 11.82 | |||
| GPEAF | 0.86 | 0.07 | 0.00 | (0.05) | 0.00 | 0.65 | 19.16 | |||
| LLESF | 0.13 | (0.08) | 0.00 | (5.05) | 0.00 | 0.00 | 4.48 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Community Redevelopment 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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Community Redevelopment Corporate Management
| Richard Balles | Pres Devel | Profile | |
| Eugene Amegashitsi | VP | Profile | |
| Lara Fritts | COO, VP | Profile | |
| Michael Zink | Interim Director | Profile | |
| David Price | Co Sec | Profile |