Flameret Correlations
| FLRE Stock | USD 0.0001 0.00 0.00% |
The current 90-days correlation between Flameret and Intl Star is 0.34 (i.e., Weak diversification). The correlation of Flameret 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.
Flameret Correlation With Market
Significant diversification
The correlation between Flameret and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Flameret and DJI in the same portfolio, assuming nothing else is changed.
Flameret |
The ability to find closely correlated positions to Flameret could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flameret 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 Flameret - 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 Flameret to buy it.
Moving together with Flameret Pink Sheet
| 0.71 | CTA-PB | E I du Earnings Call This Week | PairCorr |
| 0.72 | SHECY | Shin Etsu Chemical | PairCorr |
| 0.72 | SHECF | Shin Etsu Chemical | PairCorr |
| 0.78 | CTA-PA | E I du Earnings Call This Week | PairCorr |
| 0.66 | SLMNP | A Schulman | PairCorr |
| 0.8 | GNENY | Ganfeng Lithium | PairCorr |
| 0.72 | GNENF | Ganfeng Lithium | PairCorr |
| 0.64 | NTNX | Nutanix Tech Boost | PairCorr |
| 0.71 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
| 0.7 | AA | Alcoa Corp | PairCorr |
| 0.83 | HPQ | HP Inc | PairCorr |
| 0.8 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
Moving against Flameret Pink Sheet
| 0.73 | GILT | Gilat Satellite Networks | PairCorr |
| 0.64 | BAMXF | Bayerische Motoren Werke | PairCorr |
| 0.61 | CHKP | Check Point Software Earnings Call This Week | PairCorr |
| 0.54 | MSB | Mesabi Trust | PairCorr |
| 0.36 | V | Visa Class A | PairCorr |
| 0.78 | LPTH | LightPath Technologies Earnings Call This Week | PairCorr |
| 0.6 | WMT | Walmart Aggressive Push | PairCorr |
| 0.48 | MSFT | Microsoft | PairCorr |
| 0.47 | AXP | American Express | PairCorr |
| 0.43 | CSCO | Cisco Systems | PairCorr |
| 0.35 | MMM | 3M Company | 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 Flameret Pink Sheet performing well and Flameret 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 Flameret'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ILST | 7.75 | 0.38 | 0.02 | (0.19) | 7.73 | 25.00 | 54.17 | |||
| GDVM | 7.13 | 0.17 | 0.01 | 1.59 | 8.11 | 13.91 | 62.51 | |||
| BYRG | 7.06 | 0.54 | 0.05 | 0.96 | 6.90 | 15.38 | 40.72 | |||
| GMNI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GGSM | 6.19 | 0.39 | 0.02 | (0.40) | 6.91 | 16.67 | 74.29 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Flameret 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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Flameret Corporate Executives
Elected by the shareholders, the Flameret's board of directors comprises two types of representatives: Flameret inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Flameret. The board's role is to monitor Flameret's management team and ensure that shareholders' interests are well served. Flameret'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, Flameret's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Meredith | CFO and Principal Accounting Officer | Profile |