Excel Corp Correlations

EXCC Stock

USD 0.0002 0.00 0.00%

The current 90-days correlation between Excel Corp and Wee Cig International Corp is -0.02 (i.e., Good diversification). The correlation of Excel Corp 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.

Excel Corp Correlation With Market

Very good diversification

The correlation between Excel Corp and DJI is -0.23 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Excel Corp and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Excel Pink Sheet

0.69	ACN	Accenture plc	Pair Corr
0.76	INFY	Infosys Ltd ADR Potential Growth	Pair Corr
0.66	NECPY	NEC ADR	Pair Corr
0.83	CTSH	Cognizant Technology	Pair Corr
0.76	CGEMY	Capgemini SE ADR	Pair Corr
0.72	CAPMF	Capgemini SE	Pair Corr
0.72	DDS	Dillards,	Pair Corr
0.85	CSCO	Cisco Systems	Pair Corr
0.91	IDN	Intellicheck Mobilisa	Pair Corr
0.73	ATRO	Astronics	Pair Corr
0.75	CALC	CalciMedica, Common Stock Trending	Pair Corr
0.75	PHAR	Pharming Group NV	Pair Corr
0.71	KODK	Eastman Kodak	Pair Corr
0.78	CM	Canadian Imperial Bank	Pair Corr

Moving against Excel Pink Sheet

0.66	FISV	Fiserv, Common Stock Symbol Change	Pair Corr
0.4	BASE	Couchbase	Pair Corr
0.38	TATT	Tat Techno	Pair Corr
0.35	12532HAF1	GIBACN 23 14	Pair Corr
0.34	CYPS	Cyclo3pss	Pair Corr

Related Correlations Analysis

	WCIG	LYLP	PDPR	ICRD	CMCZ	ALPE	AVRI	APVS	WEJOF	ZPAS
WCIG		0.0	0.0	0.55	0.12	-0.1	0.0	0.0	0.13	0.15	WCIG
LYLP	0.0		1.0	0.0	0.0	0.0	1.0	1.0	0.0	0.0	LYLP
PDPR	0.0	1.0		0.0	0.0	0.0	1.0	1.0	0.0	0.0	PDPR
ICRD	0.55	0.0	0.0		-0.44	0.5	0.0	0.0	0.28	0.23	ICRD
CMCZ	0.12	0.0	0.0	-0.44		-0.45	0.0	0.0	-0.16	-0.61	CMCZ
ALPE	-0.1	0.0	0.0	0.5	-0.45		0.0	0.0	0.22	0.28	ALPE
AVRI	0.0	1.0	1.0	0.0	0.0	0.0		1.0	0.0	0.0	AVRI
APVS	0.0	1.0	1.0	0.0	0.0	0.0	1.0		0.0	0.0	APVS
WEJOF	0.13	0.0	0.0	0.28	-0.16	0.22	0.0	0.0		0.17	WEJOF
ZPAS	0.15	0.0	0.0	0.23	-0.61	0.28	0.0	0.0	0.17		ZPAS
	WCIG	LYLP	PDPR	ICRD	CMCZ	ALPE	AVRI	APVS	WEJOF	ZPAS

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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

PDPR	+ 1.0	LYLP
AVRI	+ 1.0	LYLP
APVS	+ 1.0	LYLP
AVRI	+ 1.0	PDPR
APVS	+ 1.0	PDPR
APVS	+ 1.0	AVRI

High negative correlations

ZPAS	- 0.61	CMCZ
ALPE	- 0.45	CMCZ
CMCZ	- 0.44	ICRD
WEJOF	- 0.16	CMCZ
ALPE	- 0.1	WCIG
ZPAS	- 0.0	APVS

Risk-Adjusted Indicators

There is a big difference between Excel Pink Sheet performing well and Excel Corp 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 Excel Corp'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
WCIG	4.69	1.71	11.43	0.00	0.00	112.12
LYLP	0.00	0.00	0.00	0.00	0.00	0.00
PDPR	0.00	0.00	0.00	0.00	0.00	0.00
ICRD	5.98	2.55	(6.27)	0.00	0.00	233.33
CMCZ	1.49	(0.88)	(0.50)	0.00	0.00	50.00
ALPE	23.92	8.86	0.43	0.00	0.00	888.89
AVRI	0.00	0.00	0.00	0.00	0.00	0.00
APVS	0.00	0.00	0.00	0.00	0.00	0.00
WEJOF	0.00	0.00	0.00	0.00	0.00	0.00
ZPAS	41.57	15.90	0.76	150.00	(60.00)	550.00

Be your own money manager

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