Community Redevelopment Correlations

CRDV Stock

USD 0 0.0001 6.67%

The current 90-days correlation between Community Redevelopment and China Ivy School is -0.18 (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

Modest diversification

The correlation between Community Redevelopment 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 Community Redevelopment and DJI in the same portfolio, assuming nothing else is changed.

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 together with Community Pink Sheet

0.67	SPHXF	SM Prime Holdings	Pair Corr
0.72	NSFDF	NXT Energy Solutions	Pair Corr

Moving against Community Pink Sheet

0.79	HLDCY	Henderson Land Devel	Pair Corr
0.7	CRTTF	Cortus Metals	Pair Corr
0.67	NWWDF	New World Development	Pair Corr
0.65	MTSFY	Mitsui Fudosan	Pair Corr
0.64	MTSFF	Mitsui Fudosan	Pair Corr
0.41	HLDVF	Henderson Land	Pair Corr
0.38	MITEY	Mitsubishi Estate	Pair Corr
0.76	NVFY	NVFY Old Symbol Change	Pair Corr
0.76	EXETF	Extendicare	Pair Corr
0.7	KRYS	Krystal Biotech	Pair Corr
0.62	SRRTF	Slate Grocery REIT	Pair Corr
0.58	BSXGF	Belo Sun Mining	Pair Corr
0.47	NOK	Nokia Corp ADR Aggressive Push	Pair Corr
0.41	SCCO	Southern Copper	Pair Corr
0.82	CAH	Cardinal Health	Pair Corr
0.81	MDGL	Madrigal Pharmaceuticals	Pair Corr
0.8	KEX	Kirby	Pair Corr
0.79	LMND	Lemonade	Pair Corr
0.79	LSBK	Lake Shore Bancorp	Pair Corr
0.73	U07265AG3	BAYNGR 4625 25	Pair Corr
0.66	TDAY	USA TODAY Co, Symbol Change	Pair Corr
0.65	BSRR	Sierra Bancorp	Pair Corr

Related Correlations Analysis

	TPHS	ECRO	IDVV	MDCN	BRST	RGSG	ENTI	MSPC	NIHK	CDJM
TPHS		-0.58	-0.35	0.0	0.47	-0.37	0.0	0.0	0.15	0.44	TPHS
ECRO	-0.58		0.51	0.0	-0.77	0.76	0.0	0.0	-0.13	-0.81	ECRO
IDVV	-0.35	0.51		0.0	-0.38	0.32	0.0	0.0	-0.06	-0.35	IDVV
MDCN	0.0	0.0	0.0		0.0	0.0	0.0	1.0	0.0	0.0	MDCN
BRST	0.47	-0.77	-0.38	0.0		-0.77	0.0	0.0	0.2	0.7	BRST
RGSG	-0.37	0.76	0.32	0.0	-0.77		0.0	0.0	0.06	-0.82	RGSG
ENTI	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	ENTI
MSPC	0.0	0.0	0.0	1.0	0.0	0.0	0.0		0.0	0.0	MSPC
NIHK	0.15	-0.13	-0.06	0.0	0.2	0.06	0.0	0.0		-0.11	NIHK
CDJM	0.44	-0.81	-0.35	0.0	0.7	-0.82	0.0	0.0	-0.11		CDJM
	TPHS	ECRO	IDVV	MDCN	BRST	RGSG	ENTI	MSPC	NIHK	CDJM

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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

MSPC	+ 1.0	MDCN
RGSG	+ 0.76	ECRO
CDJM	+ 0.7	BRST
IDVV	+ 0.51	ECRO
BRST	+ 0.47	TPHS
CDJM	+ 0.44	TPHS

High negative correlations

CDJM	- 0.82	RGSG
CDJM	- 0.81	ECRO
RGSG	- 0.77	BRST
BRST	- 0.77	ECRO
ECRO	- 0.58	TPHS
BRST	- 0.38	IDVV

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
TPHS	4.40	(0.19)	0.00	3.21	0.00	0.00	10.00	(10.67)	34.95
ECRO	2.79	0.39	0.04	0.36	3.30	(15.86)	10.00	(9.09)	46.59
IDVV	11.01	1.62	0.11	0.42	9.31	(23.33)	20.00	(16.67)	89.29
MDCN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BRST	11.52	0.87	0.01	(0.10)	16.12	(40.85)	58.33	(45.00)	138.35
RGSG	10.97	4.75	0.00	7.21	0.00	0.00	0.00	0.00	225.18
ENTI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MSPC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NIHK	11.59	1.22	0.07	4.00	12.04	(19.50)	31.82	(24.24)	95.00
CDJM	2.98	(1.39)	0.00	0.82	0.00	0.00	0.00	0.00	99.84

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.

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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

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