4DMedical Correlations

FDMDF Stock

USD 2.19 0.03 1.35%

The correlation of 4DMedical 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.

4DMedical Correlation With Market

Very poor diversification

The correlation between 4DMedical Limited and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 4DMedical Limited and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to 4DMedical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 4DMedical 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 4DMedical - 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 4DMedical Limited to buy it.

Moving together with 4DMedical Pink Sheet

0.83	DXCM	DexCom Inc	Pair Corr
0.66	GNTX	Gentex	Pair Corr
0.65	EC	Ecopetrol SA ADR	Pair Corr
0.77	MUFG	Mitsubishi UFJ Financial Normal Trading	Pair Corr
0.62	WF	Woori Financial Group	Pair Corr
0.7	JNJ	Johnson Johnson	Pair Corr
0.67	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.65	CAT	Caterpillar	Pair Corr
0.71	WMT	Walmart Common Stock Aggressive Push	Pair Corr
0.76	MRK	Merck Company Aggressive Push	Pair Corr
0.91	BA	Boeing	Pair Corr
0.62	CVX	Chevron Corp	Pair Corr

Moving against 4DMedical Pink Sheet

0.67	VFSWW	VinFast Auto	Pair Corr
0.54	BSX	Boston Scientific Corp	Pair Corr
0.53	ABT	Abbott Laboratories	Pair Corr

Related Correlations Analysis

	CALZF	CLVSF	XVIPF	LBLTF	SOLTF	MNFSF	BJTRF	GSGTF	AGYTF	FOGCF
CALZF		0.51	-0.42	0.0	0.27	0.0	0.0	0.0	0.0	0.0	CALZF
CLVSF	0.51		0.02	0.0	0.03	0.0	0.0	0.0	0.0	0.0	CLVSF
XVIPF	-0.42	0.02		0.0	-0.11	0.0	0.0	0.0	0.0	0.0	XVIPF
LBLTF	0.0	0.0	0.0		0.0	0.0	-1.0	-1.0	1.0	0.0	LBLTF
SOLTF	0.27	0.03	-0.11	0.0		0.0	0.0	0.0	0.0	0.0	SOLTF
MNFSF	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	MNFSF
BJTRF	0.0	0.0	0.0	-1.0	0.0	0.0		1.0	-1.0	0.0	BJTRF
GSGTF	0.0	0.0	0.0	-1.0	0.0	0.0	1.0		-1.0	0.0	GSGTF
AGYTF	0.0	0.0	0.0	1.0	0.0	0.0	-1.0	-1.0		0.0	AGYTF
FOGCF	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		FOGCF
	CALZF	CLVSF	XVIPF	LBLTF	SOLTF	MNFSF	BJTRF	GSGTF	AGYTF	FOGCF

Please upgrade your account to get full access to Macroaxis premium features

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

AGYTF	+ 1.0	LBLTF
GSGTF	+ 1.0	BJTRF
CLVSF	+ 0.51	CALZF
SOLTF	+ 0.27	CALZF
SOLTF	+ 0.03	CLVSF
XVIPF	+ 0.02	CLVSF

High negative correlations

AGYTF	- 1.0	GSGTF
AGYTF	- 1.0	BJTRF
GSGTF	- 1.0	LBLTF
BJTRF	- 1.0	LBLTF
XVIPF	- 0.42	CALZF
SOLTF	- 0.11	XVIPF

Risk-Adjusted Indicators

There is a big difference between 4DMedical Pink Sheet performing well and 4DMedical 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 4DMedical'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
CALZF	1.60	(0.42)	0.00	(0.29)	0.00	0.00	5.13	(6.10)	22.71
CLVSF	0.71	(0.26)	0.00	0.93	0.00	0.00	0.84	0.00	13.43
XVIPF	1.42	0.38	0.08	(2.73)	1.16	(6.23)	5.59	(3.00)	18.97
LBLTF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SOLTF	1.48	0.00	(0.01)	0.07	2.78	(5.48)	7.63	(3.59)	27.75
MNFSF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BJTRF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
GSGTF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AGYTF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FOGCF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Be your own money manager

Our tools can tell you how much better you can do entering a position in 4DMedical 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?

Run Positions Ratings Now

Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance

All Next

Launch Module

4DMedical Corporate Management

Beth Plunkett	Company Counsel	Profile
Aidan BE	VP Engineering	Profile
Michael Curtis	Chief Architect	Profile
Clint Rodgers	VP Communications	Profile
Rachael Tenkaten	Chief Staff	Profile
BAppSci GradCertBus	Ex Director	Profile
Andreas MAICD	MD, Founder	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC