Electro Optic Correlations
| EOPSF Stock | USD 0.80 0.00 0.00% |
The current 90-days correlation between Electro Optic Systems and Firan Technology Group is 0.07 (i.e., Significant diversification). The correlation of Electro Optic 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.
Electro Optic Correlation With Market
Significant diversification
The correlation between Electro Optic Systems 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 Electro Optic Systems and DJI in the same portfolio, assuming nothing else is changed.
Electro |
The ability to find closely correlated positions to Electro Optic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electro Optic 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 Electro Optic - 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 Electro Optic Systems to buy it.
Moving together with Electro Pink Sheet
| 0.68 | LMT | Lockheed Martin Fiscal Year End 28th of January 2025 | PairCorr |
| 0.69 | QLGN | Qualigen Therapeutics | PairCorr |
Moving against Electro Pink Sheet
| 0.39 | AHT | Ashford Hospitality Trust | PairCorr |
| 0.33 | MCHB | Mechanics Bank | PairCorr |
| 0.63 | T | ATT Inc Aggressive Push | PairCorr |
| 0.57 | WMT | Walmart Aggressive Push | PairCorr |
| 0.47 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.41 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.4 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.31 | CSCO | Cisco Systems Aggressive Push | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Electro Pink Sheet performing well and Electro Optic 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 Electro Optic'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FTGFF | 0.93 | 0.26 | 0.03 | (1.66) | 1.14 | 3.80 | 14.15 | |||
| RNWR | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PKE | 1.30 | (0.02) | 0.05 | 0.10 | 1.07 | 2.61 | 12.34 | |||
| ISSC | 1.33 | 0.10 | 0.03 | 0.28 | 1.52 | 3.28 | 9.31 | |||
| DCO | 1.31 | (0.16) | (0.05) | 0.02 | 1.55 | 2.90 | 8.32 | |||
| NPK | 1.16 | (0.08) | (0.03) | 0.05 | 1.39 | 2.43 | 8.03 | |||
| WWD | 1.23 | (0.02) | 0.00 | 0.10 | 1.59 | 2.58 | 6.12 | |||
| ATRO | 2.34 | (0.62) | 0.00 | (0.16) | 0.00 | 3.60 | 22.57 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Electro Optic 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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Electro Optic Corporate Management
| Pr Smith | Chief Officer | Profile | |
| Morgan Bryant | Chief Officer | Profile | |
| Andreas Schwer | Chief Officer | Profile | |
| Peter Short | Group Officer | Profile | |
| Glen Tindall | Chief Limited | Profile | |
| Ben BE | Head Founder | Profile | |
| Clive Cuthell | Chief Officer | Profile |