Emerge Commerce Correlations

EMCMF Stock

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The current 90-days correlation between Emerge Commerce and The Dixie Group is 0.01 (i.e., Significant diversification). The correlation of Emerge Commerce 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.

Emerge Commerce Correlation With Market

Good diversification

The correlation between Emerge Commerce and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Emerge Commerce and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Emerge Commerce could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emerge Commerce 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 Emerge Commerce - 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 Emerge Commerce to buy it.

Moving together with Emerge Pink Sheet

0.73	CVNA	Carvana	Pair Corr
0.7	ACN	Accenture plc	Pair Corr
0.61	BA	Boeing	Pair Corr
0.7	BAC	Bank of America Earnings Call This Week	Pair Corr
0.65	DIS	Walt Disney	Pair Corr
0.83	AA	Alcoa Corp	Pair Corr

Moving against Emerge Pink Sheet

0.67	BABAF	Alibaba Group Holding	Pair Corr
0.57	BABA	Alibaba Group Holding	Pair Corr
0.51	PDD	PDD Holdings	Pair Corr
0.42	SE	Sea	Pair Corr
0.41	JDCMF	Jd Com Inc	Pair Corr
0.67	T	ATT Inc	Pair Corr
0.56	PG	Procter Gamble	Pair Corr

Related Correlations Analysis

	ALLGF	ECXJ	DXYN	WINH	IVDN	KENS	FCCI	SRSCQ	EPTI	NEXNF
ALLGF		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	ALLGF
ECXJ	0.0		-0.52	0.36	-0.78	0.03	-0.61	0.0	0.0	-0.61	ECXJ
DXYN	0.0	-0.52		-0.81	0.78	-0.46	0.35	0.0	0.0	0.87	DXYN
WINH	0.0	0.36	-0.81		-0.66	0.29	-0.22	0.0	0.0	-0.68	WINH
IVDN	0.0	-0.78	0.78	-0.66		-0.17	0.5	0.0	0.0	0.8	IVDN
KENS	0.0	0.03	-0.46	0.29	-0.17		0.02	0.0	0.0	-0.46	KENS
FCCI	0.0	-0.61	0.35	-0.22	0.5	0.02		0.0	0.0	0.51	FCCI
SRSCQ	0.0	0.0	0.0	0.0	0.0	0.0	0.0		1.0	0.0	SRSCQ
EPTI	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.0		0.0	EPTI
NEXNF	0.0	-0.61	0.87	-0.68	0.8	-0.46	0.51	0.0	0.0		NEXNF
	ALLGF	ECXJ	DXYN	WINH	IVDN	KENS	FCCI	SRSCQ	EPTI	NEXNF

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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

EPTI	+ 1.0	SRSCQ
NEXNF	+ 0.87	DXYN
NEXNF	+ 0.8	IVDN
IVDN	+ 0.78	DXYN
NEXNF	+ 0.51	FCCI
FCCI	+ 0.5	IVDN

High negative correlations

WINH	- 0.81	DXYN
IVDN	- 0.78	ECXJ
NEXNF	- 0.68	WINH
IVDN	- 0.66	WINH
NEXNF	- 0.61	ECXJ
FCCI	- 0.61	ECXJ

Risk-Adjusted Indicators

There is a big difference between Emerge Pink Sheet performing well and Emerge Commerce 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 Emerge Commerce'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
ALLGF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ECXJ	2.39	1.16	0.00	3.14	0.00	0.00	0.00	0.00	80.32
DXYN	4.29	(0.50)	0.00	0.80	0.00	0.00	8.89	(10.96)	32.22
WINH	56.55	24.92	0.88	1.23	10.45	(246.70)	9.33	(20.00)	1,851
IVDN	4.31	0.04	0.00	0.14	5.64	(10.28)	18.75	(15.00)	39.60
KENS	18.01	7.35	0.16	(1.13)	13.90	(52.11)	34.62	(27.03)	386.06
FCCI	0.58	(0.29)	0.00	1.63	0.00	0.00	0.00	0.00	19.49
SRSCQ	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPTI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NEXNF	4.01	(0.59)	0.00	1.05	0.00	0.00	10.00	(9.09)	30.18

Be your own money manager

Our tools can tell you how much better you can do entering a position in Emerge Commerce 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.

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Emerge Commerce Corporate Management

Ghassan MBA	President, Founder	Profile
Tanya Zakaib	HR Mang	Profile
Fazal Khaishgi	Chief Officer	Profile
Maurice Finn	VP Sales	Profile
James CFA	Investor Relations	Profile
CA CBV	Chief Officer	Profile

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