FalconStor Software Correlations
| FALC Stock | USD 1.47 0.02 1.34% |
The current 90-days correlation between FalconStor Software and Adcore Inc is -0.02 (i.e., Good diversification). The correlation of FalconStor Software 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.
FalconStor Software Correlation With Market
Significant diversification
The correlation between FalconStor Software and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FalconStor Software and DJI in the same portfolio, assuming nothing else is changed.
FalconStor |
The ability to find closely correlated positions to FalconStor Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FalconStor Software 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 FalconStor Software - 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 FalconStor Software to buy it.
Moving against FalconStor Pink Sheet
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| 0.5 | NXTC | NextCure | PairCorr |
| 0.45 | LAR | Lithium Argentina Symbol Change | PairCorr |
| 0.45 | GVA | Granite Construction | PairCorr |
| 0.41 | DTSQU | DT Cloud Star | PairCorr |
| 0.39 | MATX | Matson Inc | PairCorr |
| 0.38 | WEGZY | WEG SA ADR | PairCorr |
| 0.36 | MFA | MFA Financial | PairCorr |
| 0.33 | DVNHF | Frontier Services | PairCorr |
| 0.63 | ZMPLF | Zimplats Holdings | PairCorr |
| 0.53 | RIOFF | Rio2 Limited | PairCorr |
| 0.52 | PILBF | Pilbara Minerals | PairCorr |
| 0.48 | GM | General Motors Sell-off Trend | PairCorr |
| 0.41 | SMEGF | Siemens Energy AG | PairCorr |
| 0.4 | EDVMF | Endeavour Mining Corp | PairCorr |
| 0.4 | BIIB | Biogen Inc | PairCorr |
| 0.39 | VLY | Valley National Bancorp Earnings Call This Week | PairCorr |
| 0.38 | MDWK | MDwerks | PairCorr |
| 0.37 | HL | Hecla Mining Aggressive Push | PairCorr |
| 0.36 | PITAF | Poste Italiane SpA | PairCorr |
| 0.36 | CHRW | CH Robinson Worldwide | PairCorr |
| 0.35 | CRH | CRH PLC ADR | PairCorr |
| 0.33 | TEX | Terex | PairCorr |
| 0.33 | BNPQY | BNP Paribas SA | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between FalconStor Pink Sheet performing well and FalconStor Software 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 FalconStor Software'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ADCOF | 2.35 | (0.59) | 0.00 | (0.42) | 0.00 | 5.88 | 41.11 | |||
| ZDGGF | 1.40 | (0.08) | 0.00 | 0.36 | 0.00 | 0.00 | 69.64 | |||
| AILQF | 0.80 | 0.18 | 0.00 | 6.25 | 0.00 | 0.00 | 30.95 | |||
| NBVAF | 2.43 | 0.00 | 0.00 | 0.00 | 0.00 | 7.69 | 30.95 | |||
| KWIK | 1.81 | (0.75) | 0.00 | (0.43) | 0.00 | 2.86 | 40.05 | |||
| ACWRF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SEAC | 4.31 | 0.31 | 0.02 | 0.35 | 7.90 | 7.97 | 120.35 | |||
| MYIDF | 4.64 | (0.24) | 0.00 | 0.48 | 0.00 | 12.75 | 44.62 | |||
| KNEOF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| APYP | 5.87 | 0.70 | 0.11 | 0.65 | 5.80 | 19.01 | 45.93 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in FalconStor Software 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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FalconStor Software Corporate Management
| Vincent Sita | Treasurer CFO | Profile | |
| Clark Liddell | VP Operations | Profile | |
| Carter McCrary | CRO CCO | Profile | |
| Mark Delsman | Chief Officer | Profile | |
| Robert Brooks | Pres CEO | Profile | |
| Vicki Grey | Head Marketing | Profile |