Computer Correlations

CVB Stock

EUR 0.17 0.01 6.25%

The current 90-days correlation between Computer And Technologies and MYFAIR GOLD P is -0.33 (i.e., Very good diversification). The correlation of Computer 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 Correlation With Market

Significant diversification

The correlation between Computer And Technologies and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Computer And Technologies and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Computer 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 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 - 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 And Technologies to buy it.

Moving against Computer Stock

0.74	COZ	Cognizant Technology	Pair Corr
0.59	YMI	Yellow Pages Limited	Pair Corr
0.57	HO1	Hologic	Pair Corr
0.56	FDO	Macys Inc	Pair Corr
0.53	APC	Apple Inc	Pair Corr
0.47	EJR	East Japan Railway	Pair Corr
0.46	SLT	SCHALTBAU HOLDING	Pair Corr
0.46	KB9	KBC Ancora SCA	Pair Corr
0.45	CGM	Capgemini SE	Pair Corr
0.42	CSA	Accenture plc	Pair Corr
0.42	IBM	International Business	Pair Corr
0.39	TJX	TJX Companies	Pair Corr
0.37	DBPD	Xtrackers ShortDAX	Pair Corr
0.35	IOY	Infosys Limited	Pair Corr

Related Correlations Analysis

	AFR0	ALK	I8M	52SA	9M5	RW5	0XI	G1MN
AFR0		0.57	-0.18	0.22	0.15	0.48	0.26	0.1	AFR0
ALK	0.57		0.14	0.7	0.32	0.29	-0.16	-0.03	ALK
I8M	-0.18	0.14		0.65	0.55	-0.7	-0.84	0.16	I8M
52SA	0.22	0.7	0.65		0.44	-0.18	-0.53	-0.02	52SA
9M5	0.15	0.32	0.55	0.44		-0.34	-0.6	0.33	9M5
RW5	0.48	0.29	-0.7	-0.18	-0.34		0.71	-0.13	RW5
0XI	0.26	-0.16	-0.84	-0.53	-0.6	0.71		-0.17	0XI
G1MN	0.1	-0.03	0.16	-0.02	0.33	-0.13	-0.17		G1MN
	AFR0	ALK	I8M	52SA	9M5	RW5	0XI	G1MN

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

0XI	+ 0.71	RW5
52SA	+ 0.7	ALK
52SA	+ 0.65	I8M
ALK	+ 0.57	AFR0
9M5	+ 0.55	I8M
RW5	+ 0.48	AFR0

High negative correlations

0XI	- 0.84	I8M
RW5	- 0.7	I8M
0XI	- 0.6	9M5
0XI	- 0.53	52SA
RW5	- 0.34	9M5
RW5	- 0.18	52SA

Risk-Adjusted Indicators

There is a big difference between Computer Stock performing well and Computer 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'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
AFR0	1.81	(0.01)	0.00	0.11	0.00	0.00	3.98	(3.34)	17.80
ALK	2.09	0.03	0.00	0.14	2.72	(2.14)	4.87	(4.13)	11.51
I8M	1.49	0.47	0.28	1.27	1.06	(2.04)	5.03	(2.15)	10.86
52SA	1.20	0.15	0.09	0.60	1.04	(1.50)	2.20	(2.08)	15.89
9M5	3.48	0.47	0.09	(0.66)	3.52	(4.70)	7.83	(6.30)	19.29
RW5	1.65	(0.15)	0.00	0.31	0.00	0.00	2.56	(4.70)	12.98
0XI	2.24	(0.60)	0.00	(2.78)	0.00	0.00	3.76	(4.62)	21.36
G1MN	1.83	0.29	0.07	(0.66)	1.83	(3.47)	5.32	(4.31)	13.09

Be your own money manager

Our tools can tell you how much better you can do entering a position in Computer 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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Computer Corporate Management

Elected by the shareholders, the Computer's board of directors comprises two types of representatives: Computer inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Computer. The board's role is to monitor Computer's management team and ensure that shareholders' interests are well served. Computer's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Computer's outside directors are responsible for providing unbiased perspectives on the board's policies.

Kwok Ng	Company CFO	Profile
Francene CPA	VP Officer	Profile
Allen Nicholson	Ex CFO	Profile
Michael Currie	VP Officer	Profile
Ka Poon	Groups Officer	Profile
Robert Banis	Exec Bank	Profile
Engineer Ng	Founder Chairman	Profile

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