Fast Radius Correlations
| FSRWQDelisted Stock | 0 0.00 0.00% |
The current 90-days correlation between Fast Radius and PepsiCo is 0.13 (i.e., Average diversification). The correlation of Fast Radius 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Fast Radius Correlation With Market
Good diversification
The correlation between Fast Radius and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fast Radius and DJI in the same portfolio, assuming nothing else is changed.
Fast |
The ability to find closely correlated positions to Fast Radius could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fast Radius 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 Fast Radius - 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 Fast Radius to buy it.
Moving against Fast Pink Sheet
| 0.4 | FSTF | First State Financial | PairCorr |
| 0.37 | CEIX | Consol Energy | PairCorr |
| 0.35 | ALAR | Alarum Technologies | PairCorr |
| 0.43 | NVDA | NVIDIA | PairCorr |
| 0.37 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.36 | ACDVF | Air Canada | PairCorr |
| 0.36 | CCJ | Cameco Corp | PairCorr |
| 0.35 | OZK | Bank Ozk Fiscal Year End 16th of January 2025 | PairCorr |
| 0.35 | CYBR | CyberArk Software | PairCorr |
| 0.34 | NOG | Northern Oil Gas | PairCorr |
| 0.34 | NFLX | Netflix Fiscal Year End 28th of January 2025 | PairCorr |
| 0.41 | ZION | Zions Bancorporation Fiscal Year End 27th of January 2025 | PairCorr |
| 0.34 | GLYC | GlycoMimetics | PairCorr |
| 0.33 | CFGX | Capital Financial | PairCorr |
| 0.33 | SOUN | SoundHound AI Aggressive Push | PairCorr |
| 0.32 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Fast Pink Sheet performing well and Fast Radius 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 Fast Radius' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PEP | 0.69 | (0.11) | 0.00 | (4.70) | 0.00 | 1.24 | 6.65 | |||
| MNST | 1.08 | 0.18 | 0.06 | 0.55 | 1.45 | 2.51 | 11.37 | |||
| WEYS | 1.81 | (0.16) | 0.00 | 0.05 | 2.21 | 2.82 | 25.17 | |||
| VDKB | 1.09 | 0.08 | 0.00 | (1.63) | 0.00 | 0.91 | 19.31 | |||
| VRA | 1.80 | (0.12) | (0.03) | 0.02 | 2.29 | 4.21 | 12.01 | |||
| UL | 0.68 | (0.09) | 0.00 | 1.57 | 0.00 | 1.08 | 6.60 | |||
| STZ | 0.92 | 0.00 | 0.00 | 0.10 | 0.00 | 1.93 | 7.42 |
Fast Radius Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fast Radius pink sheet to make a market-neutral strategy. Peer analysis of Fast Radius could also be used in its relative valuation, which is a method of valuing Fast Radius by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fast Radius Corporate Executives
Elected by the shareholders, the Fast Radius' board of directors comprises two types of representatives: Fast Radius inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fast. The board's role is to monitor Fast Radius' management team and ensure that shareholders' interests are well served. Fast Radius' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fast Radius' outside directors are responsible for providing unbiased perspectives on the board's policies.
| William King | CoFounder Scientist | Profile | |
| Richard Smith | CoFounder Advisor | Profile | |
| Patrick McCusker | Pres CoFounder | Profile | |
| John Nanry | CoFounder COO | Profile |
Still Interested in Fast Radius?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.