Electreon Wireless Correlations
| ELWSF Stock | USD 14.50 0.00 0.00% |
The current 90-days correlation between Electreon Wireless and Mitsui ES Holdings is 0.02 (i.e., Significant diversification). The correlation of Electreon Wireless 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.
Electreon Wireless Correlation With Market
Pay attention - limited upside
The correlation between Electreon Wireless and DJI is -0.78 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Electreon Wireless and DJI in the same portfolio, assuming nothing else is changed.
Electreon |
The ability to find closely correlated positions to Electreon Wireless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electreon Wireless 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 Electreon Wireless - 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 Electreon Wireless to buy it.
Moving against Electreon Pink Sheet
| 0.79 | SAR | Saratoga Investment Corp | PairCorr |
| 0.77 | YLLXF | Yellow Cake plc | PairCorr |
| 0.7 | MTZ | MasTec Inc | PairCorr |
| 0.69 | ENS | Enersys | PairCorr |
| 0.68 | WMT | Walmart Common Stock Earnings Call This Week | PairCorr |
| 0.67 | VLKPF | Volkswagen AG VZO | PairCorr |
| 0.65 | AROC | Archrock Symbol Change | PairCorr |
| 0.63 | THO | Thor Industries | PairCorr |
| 0.57 | PGEZF | Group Ten Metals | PairCorr |
| 0.56 | VWAGY | Volkswagen AG 110 | PairCorr |
| 0.55 | VLKAF | Volkswagen AG | PairCorr |
| 0.53 | TFLM | TFLM | PairCorr |
| 0.52 | FIX | Comfort Systems USA Earnings Call This Week | PairCorr |
| 0.52 | EME | EMCOR Group | PairCorr |
| 0.48 | ACN | Accenture plc | PairCorr |
| 0.46 | VCISF | VINCI SA | PairCorr |
| 0.39 | JUPGF | Jupiter Gold | PairCorr |
| 0.38 | VCISY | Vinci SA ADR | PairCorr |
| 0.38 | NFG | National Fuel Gas | PairCorr |
| 0.85 | FIBK | First Interstate Ban | PairCorr |
| 0.78 | BNKHF | BOC Hong Kong | PairCorr |
| 0.76 | NEWTH | NewtekOne 8625 percent | PairCorr |
| 0.73 | CRH | CRH PLC ADR | PairCorr |
| 0.71 | KCDMY | Kimberly Clark de | PairCorr |
| 0.69 | APETF | Alpha Esports Tech | PairCorr |
| 0.65 | OBYCF | Obayashi | PairCorr |
| 0.65 | SECVY | Seche Environnement | PairCorr |
| 0.61 | RILYL | B Riley Financial | PairCorr |
| 0.6 | SCAGW | Scage Future Warrants | PairCorr |
| 0.6 | OMC | Omnicom Group Downward Rally | PairCorr |
| 0.58 | FCAP | First Capital | PairCorr |
| 0.55 | RCKY | Rocky Brands | 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
|
Risk-Adjusted Indicators
There is a big difference between Electreon Pink Sheet performing well and Electreon Wireless 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 Electreon Wireless' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MOPHY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MAOIF | 0.46 | (0.12) | 0.00 | 1.00 | 0.00 | 0.00 | 10.28 | |||
| OKENF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| STGXF | 0.19 | (0.09) | 0.00 | 0.73 | 0.00 | 0.00 | 6.28 | |||
| HERXF | 0.17 | (0.10) | 0.00 | (0.89) | 0.00 | 0.18 | 2.86 | |||
| MIESF | 14.58 | 7.54 | 0.00 | (7.93) | 0.00 | 0.00 | 488.62 | |||
| SHMCF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DLUEY | 0.64 | 0.04 | 0.00 | 0.02 | 0.00 | 0.00 | 20.91 | |||
| BADFF | 1.19 | 0.46 | 0.19 | (10.07) | 0.66 | 3.71 | 17.61 | |||
| SNIRF | 0.83 | 0.40 | 0.00 | (2.38) | 0.00 | 0.00 | 1.53 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Electreon Wireless 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?
Run Volatility Analysis Now
Volatility AnalysisGet historical volatility and risk analysis based on latest market data |
| All Next | Launch Module |
Electreon Wireless Corporate Management
| Oren Ezer | Chairman CoFounder | Profile | |
| Hanan Rumbak | CoFounder Scientist | Profile | |
| Amir Kaplan | VP Devel | Profile | |
| Tomer Tzitar | Chief Officer | Profile | |
| Reuven Rivlin | President | Profile | |
| Sarit Goldstein | VP HR | Profile | |
| Barak Duani | Chief Officer | Profile |