Empower Clinics Correlations

EPWCFDelisted Stock  USD 0.0001  0.00  0.00%   
The correlation of Empower Clinics 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.
  
The ability to find closely correlated positions to Empower Clinics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Empower Clinics 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 Empower Clinics - 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 Empower Clinics to buy it.

Moving together with Empower OTC Stock

  1.0JDHIY JD Health InternationalPairCorr

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

GABLFATIP
CIMVFATIP
AWKNFATIP
RCMWATIP
EEVVFATIP
NHPHFATIP
  

High negative correlations

KALODLTNF
KALOCBDNF
DLTNFCBDNF
KALONHPHF
DLTNFNHPHF
CBDNFNHPHF

Risk-Adjusted Indicators

There is a big difference between Empower OTC Stock performing well and Empower Clinics OTC Stock 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 Empower Clinics' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ATIP  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
GABLF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
CIMVF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
AWKNF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
RCMW  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
EEVVF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
NHPHF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
CBDNF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
DLTNF  0.15 (0.09) 0.00 (18.25) 0.00 
 0.00 
 5.00 
KALO  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 

Empower Clinics Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Empower Clinics otc stock to make a market-neutral strategy. Peer analysis of Empower Clinics could also be used in its relative valuation, which is a method of valuing Empower Clinics by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Empower Clinics Corporate Management

Elected by the shareholders, the Empower Clinics' board of directors comprises two types of representatives: Empower Clinics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Empower. The board's role is to monitor Empower Clinics' management team and ensure that shareholders' interests are well served. Empower Clinics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Empower Clinics' outside directors are responsible for providing unbiased perspectives on the board's policies.

Still Interested in Empower Clinics?

Investing in delisted otcs can be risky, as the otc stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.