4Front Ventures Correlations
| FFNTF Stock | USD 0.03 0.0003 0.94% |
The current 90-days correlation between 4Front Ventures Corp and Goodness Growth Holdings is 0.26 (i.e., Modest diversification). The correlation of 4Front Ventures 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.
4Front Ventures Correlation With Market
Good diversification
The correlation between 4Front Ventures Corp and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 4Front Ventures Corp and DJI in the same portfolio, assuming nothing else is changed.
4Front |
The ability to find closely correlated positions to 4Front Ventures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 4Front Ventures 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 4Front Ventures - 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 4Front Ventures Corp to buy it.
Moving together with 4Front OTC Stock
| 0.76 | MKKGY | Merck KGaA ADR | PairCorr |
| 0.76 | MKGAF | MERCK Kommanditgesells | PairCorr |
| 0.75 | HLN | Haleon plc | PairCorr |
| 0.83 | TAK | Takeda Pharmaceutical | PairCorr |
| 0.75 | HLNCF | Haleon plc | PairCorr |
| 0.73 | LNDNF | Lundin Energy AB | PairCorr |
| 0.84 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.62 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.83 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.81 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
Moving against 4Front OTC Stock
| 0.74 | WMT | Walmart Aggressive Push | PairCorr |
| 0.78 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.76 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.68 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.66 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.61 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.42 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.42 | HD | Home Depot | PairCorr |
| 0.37 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between 4Front OTC Stock performing well and 4Front Ventures 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 4Front Ventures' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GDNSF | 4.83 | (0.26) | 0.00 | 0.55 | 0.00 | 8.89 | 43.15 | |||
| BMMJ | 6.38 | (1.06) | 0.00 | 5.79 | 0.00 | 14.50 | 100.00 | |||
| ROMJF | 2.98 | (0.33) | 0.00 | 0.46 | 0.00 | 9.09 | 38.10 | |||
| CLSH | 8.33 | 0.58 | 0.06 | 0.33 | 9.10 | 23.72 | 85.24 | |||
| MPXOF | 64.26 | 20.32 | 0.00 | 0.33 | 0.00 | 175.00 | 1,292 | |||
| STHZF | 5.66 | 0.36 | 0.01 | (1.59) | 9.61 | 25.20 | 83.33 | |||
| DBCCF | 5.30 | 0.28 | 0.00 | (0.15) | 6.84 | 12.76 | 43.23 | |||
| GRUSF | 3.06 | 0.22 | 0.00 | (0.18) | 3.36 | 6.25 | 18.46 | |||
| CXXIF | 5.53 | 0.20 | 0.00 | 0.01 | 0.00 | 13.33 | 41.25 |
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Our tools can tell you how much better you can do entering a position in 4Front Ventures 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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4Front Ventures Corporate Management
Elected by the shareholders, the 4Front Ventures' board of directors comprises two types of representatives: 4Front Ventures inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 4Front. The board's role is to monitor 4Front Ventures' management team and ensure that shareholders' interests are well served. 4Front Ventures' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, 4Front Ventures' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gabe Mendoza | Ex Operations | Profile | |
| Leonid Gontmakher | CEO Director | Profile | |
| Tera Martin | Chief Staff | Profile | |
| Andrew Thut | Chief Sec | Profile | |
| Christopher Wimmer | G Counsel | Profile | |
| Jill Vipond | VP HR | Profile | |
| Kristopher Krane | CoFounder Advisor | Profile |