Devmar Equities Correlations
| DEVM Stock | USD 0.0002 0.00 0.00% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Devmar Equities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Devmar Equities moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Devmar |
The ability to find closely correlated positions to Devmar Equities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Devmar Equities 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 Devmar Equities - 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 Devmar Equities to buy it.
Moving together with Devmar Pink Sheet
| 1.0 | GCFB | Granite City Food | PairCorr |
| 1.0 | TMCV | Temecula Valley Bancorp | PairCorr |
| 1.0 | IPMG | International Precious | PairCorr |
| 1.0 | COHG | Cheetah Oil Gas | PairCorr |
| 1.0 | BFDE | Bedford Energy | 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
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Risk-Adjusted Indicators
There is a big difference between Devmar Pink Sheet performing well and Devmar Equities 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 Devmar Equities' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| STHC | 52.51 | 22.38 | 0.00 | (71.27) | 0.00 | 0.00 | 944.74 | |||
| AQQSQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GGEI | 5.97 | 1.60 | 0.00 | (0.97) | 0.00 | 0.00 | 150.00 | |||
| MSTO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TAYO | 2.49 | (1.21) | 0.00 | 1.22 | 0.00 | 0.00 | 83.33 | |||
| LEJUY | 104.12 | 53.78 | 0.00 | (2.11) | 0.00 | 63.64 | 2,546 | |||
| NOXL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PDNLB | 2.98 | 1.46 | 0.00 | 2.00 | 0.00 | 0.00 | 100.00 | |||
| AGTK | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SFRT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Devmar Equities 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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