FUJIFILM Holdings Correlations
| FUJIYDelisted Stock | USD 58.61 0.16 0.27% |
The current 90-days correlation between FUJIFILM Holdings Corp and Toshiba Corp PK is -0.06 (i.e., Good diversification). The correlation of FUJIFILM Holdings 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.
FUJIFILM Holdings Correlation With Market
Good diversification
The correlation between FUJIFILM Holdings Corp and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FUJIFILM Holdings Corp and DJI in the same portfolio, assuming nothing else is changed.
FUJIFILM |
The ability to find closely correlated positions to FUJIFILM Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FUJIFILM Holdings 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 FUJIFILM Holdings - 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 FUJIFILM Holdings Corp to buy it.
Moving together with FUJIFILM Pink Sheet
| 0.69 | DDD | 3D Systems | PairCorr |
| 0.62 | HAUP | Hauppauge Digital OTC | PairCorr |
| 0.67 | DYSL | Dynasil Of | PairCorr |
| 0.66 | EACO | Eaco Corp | PairCorr |
| 0.65 | WEBB | Web Global Holdings | PairCorr |
Moving against FUJIFILM Pink Sheet
| 0.9 | VVPR | VivoPower International | PairCorr |
| 0.83 | UAVS | Ageagle Aerial Systems Buyout Trend | PairCorr |
| 0.72 | DLPX | Delphax Technologies | PairCorr |
| 0.56 | DMAN | Innovativ Media Group | PairCorr |
| 0.54 | WBTN | WEBTOON Entertainment | PairCorr |
| 0.51 | VLD | Velo3D Inc | PairCorr |
| 0.51 | VHAI | VHAI | PairCorr |
| 0.47 | VIDE | Video Display | PairCorr |
| 0.39 | TRSI | Trophy Resources | PairCorr |
| 0.33 | DZSI | DZS Inc | PairCorr |
| 0.83 | SURGW | SurgePays Warrant | PairCorr |
| 0.71 | EVOL | Evolving Systems | PairCorr |
| 0.61 | GETR | Getaround Financial Report 20th of December 2024 | PairCorr |
| 0.51 | ZPTAW | Zapata Computing Holdings | PairCorr |
| 0.49 | SBIGW | SpringBig Holdings | PairCorr |
| 0.38 | WSTL | Westell Technologies | 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 FUJIFILM Pink Sheet performing well and FUJIFILM Holdings 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 FUJIFILM Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TOSYY | 0.61 | (0.07) | 0.00 | (0.13) | 0.00 | 1.18 | 5.09 | |||
| SSUMY | 1.13 | (0.21) | 0.00 | (0.11) | 0.00 | 2.13 | 6.92 | |||
| HTHIF | 4.65 | 0.09 | 0.03 | 0.17 | 5.04 | 9.70 | 26.37 | |||
| TOSBF | 0.29 | 0.04 | (0.10) | 0.02 | 0.51 | 0.71 | 5.96 | |||
| MARUY | 1.39 | (0.21) | 0.00 | (0.12) | 0.00 | 2.94 | 9.01 | |||
| MSBHF | 1.50 | (0.31) | 0.00 | (0.23) | 0.00 | 2.73 | 7.77 | |||
| ITOCY | 1.29 | (0.08) | (0.05) | 0.04 | 1.55 | 3.02 | 9.84 | |||
| ITOCF | 3.59 | 0.20 | 0.02 | (8.35) | 3.93 | 6.84 | 16.79 | |||
| MITSY | 1.27 | 0.23 | 0.10 | 1.36 | 1.15 | 2.78 | 9.34 | |||
| GFF | 1.76 | 0.21 | 0.15 | 0.25 | 1.70 | 3.91 | 22.83 |
View FUJIFILM Holdings Related Equities
| Risk & Return | Correlation |
FUJIFILM Holdings Corporate Management
| Shuzo Takada | GM VP | Profile | |
| Kazuhisa Horikiri | Executive Officer | Profile | |
| Chisato Yoshizawa | Executive Officer | Profile | |
| Yasushi Zama | Co Division | Profile |
Still Interested in FUJIFILM Holdings Corp?
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.