Epazz Correlations

EPAZ Stock

USD 0.0004 0.0001 20.00%

The current 90-days correlation between Epazz Inc and GainClients is -0.25 (i.e., Very good diversification). The correlation of Epazz 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Epazz Correlation With Market

Modest diversification

The correlation between Epazz Inc and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Epazz Inc and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Epazz Pink Sheet

0.39	RCAT	Red Cat Holdings Trending	Pair Corr
0.39	ALAB	Astera Labs, Common Tech Boost	Pair Corr
0.35	MSTR	MicroStrategy Incorporated Aggressive Push	Pair Corr
0.34	SHOP	Shopify	Pair Corr
0.33	CRWD	Crowdstrike Holdings Earnings Call This Week	Pair Corr
0.31	CRM	Salesforce Earnings Call This Week	Pair Corr
0.31	NVDA	NVIDIA	Pair Corr

Related Correlations Analysis

	GCLT	ZICX	PETWW	ATIXF	ABQQ	APTY	WDLF	DUUO	FERN
GCLT		0.59	0.53	0.31	0.39	-0.32	0.28	-0.76	0.63	GCLT
ZICX	0.59		0.51	0.43	-0.02	-0.44	0.22	-0.45	0.39	ZICX
PETWW	0.53	0.51		0.32	0.08	-0.29	0.36	-0.45	0.21	PETWW
ATIXF	0.31	0.43	0.32		-0.09	-0.39	0.42	-0.21	0.2	ATIXF
ABQQ	0.39	-0.02	0.08	-0.09		-0.2	0.05	-0.44	0.28	ABQQ
APTY	-0.32	-0.44	-0.29	-0.39	-0.2		-0.41	0.23	-0.16	APTY
WDLF	0.28	0.22	0.36	0.42	0.05	-0.41		-0.2	0.15	WDLF
DUUO	-0.76	-0.45	-0.45	-0.21	-0.44	0.23	-0.2		-0.49	DUUO
FERN	0.63	0.39	0.21	0.2	0.28	-0.16	0.15	-0.49		FERN
	GCLT	ZICX	PETWW	ATIXF	ABQQ	APTY	WDLF	DUUO	FERN

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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

FERN	+ 0.63	GCLT
ZICX	+ 0.59	GCLT
PETWW	+ 0.53	GCLT
PETWW	+ 0.51	ZICX
ATIXF	+ 0.43	ZICX
WDLF	+ 0.42	ATIXF

High negative correlations

DUUO	- 0.76	GCLT
FERN	- 0.49	DUUO
DUUO	- 0.45	PETWW
DUUO	- 0.45	ZICX
DUUO	- 0.44	ABQQ
APTY	- 0.44	ZICX

Risk-Adjusted Indicators

There is a big difference between Epazz Pink Sheet performing well and Epazz 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 Epazz'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
GCLT	2.86	(1.10)	0.00	0.40	0.00	0.00	0.00	0.00	91.67
ZICX	8.50	1.10	0.05	0.79	9.85	(34.75)	30.00	(22.22)	117.58
PETWW	14.25	0.67	0.04	0.50	15.34	(20.83)	42.86	(35.00)	106.20
ATIXF	20.87	5.80	0.16	1.64	15.71	(80.39)	41.18	(35.00)	493.00
ABQQ	13.47	1.18	0.06	0.62	13.03	(28.35)	40.00	(25.00)	112.50
APTY	15.61	2.47	0.09	(0.80)	13.57	(35.00)	33.33	(25.00)	128.57
WDLF	13.92	1.66	0.07	0.58	13.54	(33.33)	33.33	(25.00)	106.67
DUUO	3.12	1.43	0.00	1.05	0.00	0.00	0.00	0.00	100.00
FERN	4.98	(0.03)	0.00	0.20	0.00	0.00	12.50	(11.11)	36.11

Be your own money manager

Our tools can tell you how much better you can do entering a position in Epazz 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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