Ether Capital Correlations
| DTSRF Stock | USD 4.41 0.26 6.27% |
The correlation of Ether Capital 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.
Ether Capital Correlation With Market
Significant diversification
The correlation between Ether Capital and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ether Capital and DJI in the same portfolio, assuming nothing else is changed.
Ether |
The ability to find closely correlated positions to Ether Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ether Capital 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 Ether Capital - 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 Ether Capital to buy it.
Moving together with Ether Pink Sheet
| 0.67 | BLK | BlackRock Earnings Call This Week | PairCorr |
| 0.76 | MSFT | Microsoft | PairCorr |
| 0.82 | HD | Home Depot | PairCorr |
| 0.71 | HPQ | HP Inc | PairCorr |
Moving against Ether Pink Sheet
| 0.78 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
| 0.78 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.69 | AAPL | Apple Inc | PairCorr |
| 0.57 | F | Ford Motor Aggressive Push | PairCorr |
| 0.55 | APO | Apollo Global Management Sell-off Trend | PairCorr |
| 0.53 | ACN | Accenture plc | PairCorr |
| 0.52 | ARES | Ares Management LP Normal Trading | PairCorr |
| 0.48 | BK | Bank of New York Earnings Call This Week | PairCorr |
| 0.48 | IVSXF | Investor AB | PairCorr |
| 0.42 | IVSBF | Investor AB ser | PairCorr |
| 0.75 | MRK | Merck Company Aggressive Push | PairCorr |
| 0.72 | PFE | Pfizer Inc | PairCorr |
| 0.61 | XOM | Exxon Mobil Corp | PairCorr |
| 0.6 | ATI | Allegheny Technologies | PairCorr |
| 0.6 | KO | Coca Cola | PairCorr |
| 0.53 | CAT | Caterpillar | PairCorr |
| 0.52 | AXP | American Express | PairCorr |
| 0.5 | BAC | Bank of America Earnings Call This Week | PairCorr |
| 0.48 | VZ | Verizon Communications | PairCorr |
| 0.47 | WMT | Walmart Common Stock | PairCorr |
| 0.44 | AA | Alcoa Corp | 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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Ether Pink Sheet performing well and Ether Capital 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 Ether Capital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HEPZF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| OBTC | 2.26 | (0.34) | 0.00 | (0.18) | 0.00 | 4.77 | 11.37 | |||
| ETCG | 3.09 | (0.41) | 0.00 | (0.27) | 0.00 | 5.34 | 25.78 | |||
| HMLSF | 2.67 | 0.00 | 0.00 | 0.09 | 0.00 | 12.05 | 32.07 | |||
| BZDYF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WDMTF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SZOXF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| XTTXF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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Ether Capital Corporate Management
| Som CFA | Ex Officer | Profile | |
| Jillian Friedman | Chief Officer | Profile | |
| Ian McPherson | Pres CFO | Profile | |
| Shayan Eskandari | Chief Officer | Profile | |
| Brian Mosoff | CEO Director | Profile | |
| Ashley Stanhope | Director Communications | Profile |