E2E Networks Correlations
E2E Stock | 3,672 150.20 3.93% |
The current 90-days correlation between E2E Networks Limited and Laxmi Organic Industries is 0.37 (i.e., Weak diversification). The correlation of E2E Networks 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.
E2E Networks Correlation With Market
Average diversification
The correlation between E2E Networks Limited and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding E2E Networks Limited and DJI in the same portfolio, assuming nothing else is changed.
E2E |
The ability to find closely correlated positions to E2E Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace E2E Networks 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 E2E Networks - 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 E2E Networks Limited to buy it.
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between E2E Stock performing well and E2E Networks 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 E2E Networks' 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 | ||
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FOODSIN | 2.38 | (0.21) | 0.00 | (0.28) | 0.00 | 5.19 | 23.90 | |||
SONATSOFTW | 1.56 | (0.16) | 0.00 | (0.22) | 0.00 | 4.51 | 13.00 | |||
ATFL | 2.27 | (0.11) | 0.00 | (0.11) | 0.00 | 5.24 | 14.97 | |||
MEGASTAR | 2.08 | 0.04 | 0.01 | 0.17 | 2.14 | 6.33 | 18.83 | |||
APEX | 2.33 | (0.10) | 0.00 | (0.27) | 0.00 | 5.48 | 22.41 | |||
CAMS | 1.79 | (0.23) | 0.00 | (0.30) | 0.00 | 3.53 | 9.87 | |||
LXCHEM | 1.77 | (0.30) | 0.00 | (0.38) | 0.00 | 2.86 | 12.81 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in E2E Networks 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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E2E Networks Corporate Management
Elected by the shareholders, the E2E Networks' board of directors comprises two types of representatives: E2E Networks inside directors who are chosen from within the company, and outside directors, selected externally and held independent of E2E. The board's role is to monitor E2E Networks' management team and ensure that shareholders' interests are well served. E2E Networks' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, E2E Networks' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ronit Gaba | Company Officer | Profile | |
Megha Raheja | Chief Officer | Profile | |
Neha Baid | Company Officer | Profile | |
Mohamed Mushab | Technical Mang | Profile | |
Ashish Charan | Assistant Sales | Profile | |
Pradeep Pandey | Regional Mang | Profile |