Goeasy Correlations
| EHMEF Stock | USD 98.02 0.90 0.93% |
The current 90-days correlation between goeasy and AEON Financial Service is -0.13 (i.e., Good diversification). The correlation of Goeasy 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.
Goeasy Correlation With Market
Average diversification
The correlation between goeasy and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding goeasy and DJI in the same portfolio, assuming nothing else is changed.
Goeasy |
The ability to find closely correlated positions to Goeasy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goeasy 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 Goeasy - 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 goeasy to buy it.
Moving together with Goeasy Pink Sheet
Moving against Goeasy Pink Sheet
| 0.8 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.76 | TRV | The Travelers Companies | PairCorr |
| 0.76 | DD | Dupont De Nemours | PairCorr |
| 0.75 | KO | Coca Cola | PairCorr |
| 0.68 | MRK | Merck Company Aggressive Push | PairCorr |
| 0.65 | KB | KB Financial Group | PairCorr |
| 0.65 | SHG | Shinhan Financial | PairCorr |
| 0.64 | XOM | Exxon Mobil Corp | PairCorr |
| 0.63 | SMFG | Sumitomo Mitsui Financial | PairCorr |
| 0.61 | SMFNF | Sumitomo Mitsui Financial | PairCorr |
| 0.58 | CAT | Caterpillar | PairCorr |
| 0.57 | MFG | Mizuho Financial | PairCorr |
| 0.57 | MCD | McDonalds | PairCorr |
| 0.56 | VZ | Verizon Communications | PairCorr |
| 0.51 | MUFG | Mitsubishi UFJ Financial Normal Trading | PairCorr |
| 0.51 | MBFJF | Mitsubishi UFJ Financial Normal Trading | PairCorr |
| 0.5 | MMM | 3M Company | PairCorr |
| 0.47 | BAC | Bank of America Earnings Call This Week | PairCorr |
| 0.47 | WMT | Walmart Common Stock | PairCorr |
| 0.43 | MZHOF | Mizuho Financial Normal Trading | PairCorr |
| 0.38 | AA | Alcoa Corp | PairCorr |
| 0.32 | JPM | JPMorgan Chase Earnings Call This Week | 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 Goeasy Pink Sheet performing well and Goeasy 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 Goeasy'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AEOJF | 0.44 | 0.17 | 0.00 | (0.83) | 0.00 | 0.00 | 14.75 | |||
| AIFLY | 0.42 | (0.19) | 0.00 | 0.52 | 0.00 | 0.00 | 14.11 | |||
| THNVF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SFFFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KGTHY | 4.10 | (0.29) | 0.00 | (0.37) | 0.00 | 10.08 | 32.00 | |||
| FNLIF | 0.79 | 0.48 | 0.32 | (0.25) | 0.00 | 0.43 | 26.82 | |||
| SVNBY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LCSHF | 1.83 | 0.06 | 0.00 | (0.28) | 0.00 | 11.24 | 32.42 | |||
| SPXCY | 0.76 | (0.04) | (0.09) | 0.00 | 0.96 | 1.65 | 4.43 | |||
| AOZOY | 0.48 | (0.03) | 0.00 | 0.19 | 0.00 | 0.00 | 19.60 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Goeasy 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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Goeasy Corporate Management
| Hal Khouri | CFO VP | Profile | |
| Jackie Foo | Ex COO | Profile | |
| Bryan Tritt | VP PR | Profile | |
| Farhan Khan | Sr Officer | Profile | |
| Michael Eubanks | VP Officer | Profile |