Crimson Wine Correlations

CWGL Stock

USD 6.56 0.11 1.71%

The current 90-days correlation between Crimson Wine and Embotelladora Andina SA is -0.36 (i.e., Very good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crimson Wine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crimson Wine moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Crimson Wine Correlation With Market

Average diversification

The correlation between Crimson Wine and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Crimson Wine and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Crimson Wine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crimson Wine 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 Crimson Wine - 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 Crimson Wine to buy it.

Moving together with Crimson OTC Stock

0.79	SSNLF	Samsung Electronics	Pair Corr
0.85	PTAIF	PT Astra International	Pair Corr
0.72	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.74	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.79	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.73	T	ATT Inc Aggressive Push	Pair Corr
0.83	CSCO	Cisco Systems	Pair Corr
0.64	BAC	Bank of America Aggressive Push	Pair Corr
0.75	HPQ	HP Inc	Pair Corr
0.69	WMT	Walmart Aggressive Push	Pair Corr

Moving against Crimson OTC Stock

0.69	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.61	BKRKF	PT Bank Rakyat	Pair Corr
0.58	PPERF	Bank Mandiri Persero	Pair Corr
0.55	BKRKY	Bank Rakyat	Pair Corr
0.52	DIT	AMCON Distributing	Pair Corr
0.51	TLK	Telkom Indonesia Tbk	Pair Corr
0.47	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.45	PPERY	Bank Mandiri Persero	Pair Corr
0.31	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr

Related Correlations Analysis

	AKO-A	AQPW	FIZZ	ASII	COCO	KOF	CCEP	AKO-B	APRU	KDP
AKO-A		0.0	-0.46	0.52	-0.68	0.52	0.48	0.65	0.27	0.61	AKO-A
AQPW	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	AQPW
FIZZ	-0.46	0.0		-0.18	0.79	-0.53	-0.34	-0.37	-0.09	-0.59	FIZZ
ASII	0.52	0.0	-0.18		-0.49	0.1	0.31	0.2	0.32	0.11	ASII
COCO	-0.68	0.0	0.79	-0.49		-0.67	-0.54	-0.5	-0.3	-0.77	COCO
KOF	0.52	0.0	-0.53	0.1	-0.67		0.37	0.68	0.14	0.83	KOF
CCEP	0.48	0.0	-0.34	0.31	-0.54	0.37		0.13	0.33	0.57	CCEP
AKO-B	0.65	0.0	-0.37	0.2	-0.5	0.68	0.13		0.0	0.66	AKO-B
APRU	0.27	0.0	-0.09	0.32	-0.3	0.14	0.33	0.0		0.15	APRU
KDP	0.61	0.0	-0.59	0.11	-0.77	0.83	0.57	0.66	0.15		KDP
	AKO-A	AQPW	FIZZ	ASII	COCO	KOF	CCEP	AKO-B	APRU	KDP

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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

KDP	+ 0.83	KOF
COCO	+ 0.79	FIZZ
AKO-B	+ 0.68	KOF
KDP	+ 0.66	AKO-B
AKO-B	+ 0.65	AKO-A
KDP	+ 0.61	AKO-A

High negative correlations

KDP	- 0.77	COCO
COCO	- 0.68	AKO-A
KOF	- 0.67	COCO
KDP	- 0.59	FIZZ
CCEP	- 0.54	COCO
KOF	- 0.53	FIZZ

Risk-Adjusted Indicators

There is a big difference between Crimson OTC Stock performing well and Crimson Wine 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 Crimson Wine'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
AKO-A	1.79	(0.15)	0.00	(0.66)	0.00	0.00	4.18	(5.01)	20.10
AQPW	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FIZZ	0.91	0.02	(0.04)	0.15	1.08	(0.92)	2.13	(1.89)	6.35
ASII	14.11	0.50	0.03	0.27	14.27	(31.85)	50.00	(28.57)	119.44
COCO	1.62	0.52	0.22	1.05	1.50	(1.75)	3.72	(3.13)	11.39
KOF	1.12	(0.21)	0.00	(0.50)	0.00	0.00	2.21	(2.27)	5.30
CCEP	0.82	(0.01)	(0.06)	0.06	1.10	(0.76)	1.62	(1.75)	4.77
AKO-B	1.53	(0.10)	0.00	(0.39)	0.00	0.00	2.66	(3.04)	9.61
APRU	7.72	0.00	0.00	0.10	8.59	(9.89)	18.75	(14.29)	48.03
KDP	0.76	(0.18)	0.00	(0.37)	0.00	0.00	1.46	(2.08)	6.67

Be your own money manager

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

Elected by the shareholders, the Crimson Wine's board of directors comprises two types of representatives: Crimson Wine inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Crimson. The board's role is to monitor Crimson Wine's management team and ensure that shareholders' interests are well served. Crimson Wine'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, Crimson Wine's outside directors are responsible for providing unbiased perspectives on the board's policies.

Alexis Walsh	VP Marketing	Profile
Tina Hilger	Co Sec	Profile
Karen Diepholz	Chief Officer	Profile
Nicolas Quille	Chief Winemaking and Operations Officer	Profile
Jennifer Locke	Chief Officer	Profile

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