GHST World Correlations
| GHST Stock | USD 0.03 0.01 15.79% |
The current 90-days correlation between GHST World and F45 Training Holdings is -0.21 (i.e., Very good diversification). The correlation of GHST World 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.
GHST World Correlation With Market
Very good diversification
The correlation between GHST World and DJI is -0.4 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GHST World and DJI in the same portfolio, assuming nothing else is changed.
GHST |
The ability to find closely correlated positions to GHST World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GHST World 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 GHST World - 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 GHST World to buy it.
Moving against GHST Pink Sheet
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| 0.6 | SKM | SK Telecom | PairCorr |
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| 0.53 | CASY | Caseys General Stores | PairCorr |
| 0.52 | GPC | Genuine Parts Earnings Call This Week | PairCorr |
| 0.49 | ULTA | Ulta Beauty | PairCorr |
| 0.48 | SHG | Shinhan Financial | PairCorr |
| 0.45 | HYMTF | Hyundai Motor | PairCorr |
| 0.44 | WSM | Williams Sonoma | PairCorr |
| 0.66 | BNEFF | Bonterra Energy Corp | PairCorr |
| 0.63 | YLLXF | Yellow Cake plc | PairCorr |
| 0.5 | PYTCY | Playtech PLC ADR | PairCorr |
| 0.49 | LINE | Lineage Common Stock Earnings Call This Week | PairCorr |
| 0.47 | OLN | Olin | PairCorr |
| 0.37 | GS | Goldman Sachs Group | PairCorr |
| 0.35 | MASS | 908 Devices | PairCorr |
| 0.35 | TATT | Tat Techno | PairCorr |
| 0.33 | NNBR | NN Inc | PairCorr |
| 0.31 | JLHL | Julong Holding Upward Rally | PairCorr |
| 0.64 | TLOFF | Talon Metals Corp | PairCorr |
| 0.64 | HNI | HNI Corp Earnings Call Today | PairCorr |
| 0.52 | EMMA | Emmaus Life Sciences | PairCorr |
| 0.51 | MS-PF | Morgan Stanley | PairCorr |
| 0.5 | BBDO | Banco Bradesco SA | PairCorr |
| 0.49 | CYD | China Yuchai Interna Earnings Call This Week | 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 GHST Pink Sheet performing well and GHST World 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 GHST World'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SNHO | 6.83 | 1.41 | 0.00 | (0.40) | 0.00 | 0.00 | 173.40 | |||
| TALN | 1.35 | (0.21) | 0.00 | (0.34) | 0.00 | 0.00 | 33.33 | |||
| AFFL | 1.58 | (0.43) | 0.00 | 0.89 | 0.00 | 0.00 | 27.06 | |||
| CDTI | 4.67 | 0.01 | 0.00 | 0.03 | 0.00 | 13.64 | 53.92 | |||
| NFGRF | 6.88 | 3.63 | 0.00 | (2.72) | 0.00 | 34.21 | 95.26 | |||
| LNBY | 0.11 | 0.05 | 0.00 | (0.41) | 0.00 | 0.00 | 3.60 | |||
| FXLV | 148.71 | 80.59 | 1.19 | (0.92) | 30.70 | 627.27 | 2,716 | |||
| ODDAF | 7.16 | (1.80) | 0.00 | (1.64) | 0.00 | 14.55 | 62.63 | |||
| ALLGF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GKIT | 0.58 | (0.29) | 0.00 | (1.53) | 0.00 | 0.00 | 10.34 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in GHST World 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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GHST World Corporate Management
| Paolo Sangiovanni | Chief Officer | Profile | |
| Mike Darrigan | Chief Networks | Profile | |
| Marcello Appella | Chief Officer | Profile | |
| Esterino Castellazzi | Chairman Pres | Profile | |
| Edoardo Riboli | Chief Officer | Profile | |
| Massimiliano Stella | Chief Officer | Profile |