Small Pharma Correlations
| DMTTFDelisted Stock | USD 0.05 0.0009 1.80% |
The current 90-days correlation between Small Pharma and Biotron Limited is 0.13 (i.e., Average diversification). The correlation of Small Pharma 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.
Small Pharma Correlation With Market
Modest diversification
The correlation between Small Pharma and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Small Pharma and DJI in the same portfolio, assuming nothing else is changed.
Small |
The ability to find closely correlated positions to Small Pharma could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Small Pharma 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 Small Pharma - 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 Small Pharma to buy it.
Moving against Small OTC Stock
| 0.42 | PCGU | PGE Corp | PairCorr |
| 0.33 | KNTK | Kinetik Holdings | PairCorr |
| 0.36 | T | ATT Inc Aggressive Push | PairCorr |
| 0.33 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.32 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.31 | WMT | Walmart Aggressive Push | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | CMVLF | ||
| 0.0 | 0.7 | -0.29 | 0.0 | 0.29 | -0.35 | BITRF | ||
| 0.0 | 0.7 | -0.43 | 0.0 | 0.33 | -0.64 | RVXCF | ||
| 0.0 | -0.29 | -0.43 | 0.0 | 0.16 | 0.43 | CVALF | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | BIOAF | ||
| 0.0 | 0.29 | 0.33 | 0.16 | 0.0 | -0.36 | CPMV | ||
| 0.0 | -0.35 | -0.64 | 0.43 | 0.0 | -0.36 | CRPOF | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Small OTC Stock performing well and Small Pharma 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 Small Pharma'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CMVLF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BITRF | 3.09 | (0.69) | 0.00 | 0.44 | 0.00 | 1.34 | 62.53 | |||
| RVXCF | 3.84 | (0.28) | 0.00 | (0.20) | 0.00 | 25.00 | 50.00 | |||
| CVALF | 1.93 | 0.10 | 0.01 | 0.41 | 2.20 | 6.67 | 12.66 | |||
| BIOAF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CPMV | 6.66 | 0.82 | 0.04 | 1.85 | 9.11 | 25.71 | 81.86 | |||
| CRPOF | 123.42 | 69.56 | 8.56 | (1.05) | 0.00 | 10.53 | 4,159 |
Small Pharma Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Small Pharma otc stock to make a market-neutral strategy. Peer analysis of Small Pharma could also be used in its relative valuation, which is a method of valuing Small Pharma by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Small Pharma Corporate Management
Elected by the shareholders, the Small Pharma's board of directors comprises two types of representatives: Small Pharma inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Small. The board's role is to monitor Small Pharma's management team and ensure that shareholders' interests are well served. Small Pharma'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, Small Pharma's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sarah Hamilton | Group Controller | Profile | |
| LLB HBA | Co Sec | Profile | |
| George Tziras | CEO Director | Profile | |
| David Steel | Chief Officer | Profile | |
| Peter Rands | Founder Officer | Profile | |
| Carol Routledge | Chief Officer | Profile | |
| MD MSc | Chief Officer | Profile |
Still Interested in Small Pharma?
Investing in delisted otcs can be risky, as the otc stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.