Foresight Financial Correlations
| FGFH Stock | USD 42.00 0.25 0.59% |
The correlation of Foresight Financial 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.
Foresight Financial Correlation With Market
Good diversification
The correlation between Foresight Financial and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Foresight Financial and DJI in the same portfolio, assuming nothing else is changed.
Foresight |
The ability to find closely correlated positions to Foresight Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Foresight Financial 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 Foresight Financial - 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 Foresight Financial to buy it.
Moving together with Foresight OTC Stock
| 0.69 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.92 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.64 | PBCRY | Bank Central Asia | PairCorr |
| 0.71 | KB | KB Financial Group | PairCorr |
| 0.81 | SHG | Shinhan Financial | PairCorr |
| 0.72 | DDS | Dillards, | PairCorr |
| 0.69 | STAG | STAG Industrial | PairCorr |
| 0.91 | TEO | Telecom Argentina | PairCorr |
| 0.74 | PHAR | Pharming Group NV | PairCorr |
| 0.85 | CHACR | Crane Harbor Acquisition | PairCorr |
| 0.72 | DNLMY | Dunelm Group PLC | PairCorr |
| 0.76 | BAC | Bank of America | PairCorr |
| 0.93 | REGN | Regeneron Pharmaceuticals | PairCorr |
| 0.7 | NOEM | CO2 Energy Transition | PairCorr |
| 0.94 | RLMD | Relmada Therapeutics | PairCorr |
| 0.92 | GM | General Motors | PairCorr |
| 0.87 | AAL | American Airlines | PairCorr |
| 0.95 | APGE | Apogee Therapeutics, | PairCorr |
Moving against Foresight OTC Stock
| 0.48 | SWRM | Appswarm | PairCorr |
| 0.39 | RYSKF | Reysas Tasimacilik | PairCorr |
| 0.33 | 26442TAG2 | US26442TAG22 | PairCorr |
| 0.32 | 12532HAF1 | GIBACN 23 14 | 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 Foresight OTC Stock performing well and Foresight Financial 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 Foresight Financial'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HLOI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GLBB | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SOHI | 5.97 | 2.75 | 0.00 | 0.65 | 0.00 | 0.00 | 200.00 | |||
| VHLD | 1.36 | (0.65) | 0.00 | 0.84 | 0.00 | 0.00 | 45.45 | |||
| WSFGQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VMTG | 3.56 | (0.37) | 0.00 | 0.29 | 0.00 | 3.70 | 78.48 | |||
| OFSI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ODMO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RBRI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TRPS | 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 Foresight Financial 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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Foresight Financial Corporate Management
Elected by the shareholders, the Foresight Financial's board of directors comprises two types of representatives: Foresight Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Foresight. The board's role is to monitor Foresight Financial's management team and ensure that shareholders' interests are well served. Foresight Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Foresight Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Andrew LaPour | VP Technology | Profile | |
| Peter Morrison | Interim CEO | Profile | |
| Rusti Swanson | VP Officer | Profile | |
| Lori Morgan | Sr Operations | Profile | |
| Dean Cooke | Ex CFO | Profile | |
| Nora Koehler | VP HR | Profile | |
| Denise Osadjan | Chief VP | Profile |