Glucose Health Correlations

GLUC Stock

USD 0.13 0.01 7.14%

The current 90-days correlation between Glucose Health and The Planting Hope is 0.03 (i.e., Significant diversification). The correlation of Glucose Health 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.

Glucose Health Correlation With Market

Good diversification

The correlation between Glucose Health 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 Glucose Health and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Glucose Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Glucose Health 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 Glucose Health - 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 Glucose Health to buy it.

Moving together with Glucose Pink Sheet

0.72	KHC	Kraft Heinz	Pair Corr
0.62	GPDNF	Danone SA	Pair Corr

Moving against Glucose Pink Sheet

0.52	K	Kellanova Earnings Call This Week	Pair Corr
0.8	PLTR	Palantir Technologies Earnings Call This Week	Pair Corr
0.79	EXCH	Exchange Bankshares	Pair Corr
0.75	BTI	British American Tobacco Earnings Call This Week	Pair Corr
0.73	DAVA	Endava	Pair Corr
0.62	GILT	Gilat Satellite Networks	Pair Corr
0.61	TPVG	Triplepoint Venture	Pair Corr
0.61	TGNA	Tegna Inc	Pair Corr
0.51	MNPR	Monopar Therapeutics	Pair Corr
0.49	DNA	Ginkgo Bioworks Holdings	Pair Corr
0.49	FRSX	Foresight Autonomous	Pair Corr
0.44	DNOW	Now Inc	Pair Corr
0.38	FDP	Fresh Del Monte	Pair Corr
0.34	AIR	AAR Corp	Pair Corr

Related Correlations Analysis

	MYLKF	BABYF	STKH	LSF	CNVCF	ARZTY	JVA	BRID	WEST	JBSS
MYLKF		0.48	-0.1	-0.31	-0.39	0.03	-0.22	-0.1	-0.04	0.38	MYLKF
BABYF	0.48		0.61	-0.06	-0.65	0.03	-0.65	-0.63	0.19	-0.17	BABYF
STKH	-0.1	0.61		0.46	-0.3	0.03	-0.49	-0.74	0.48	-0.61	STKH
LSF	-0.31	-0.06	0.46		0.46	-0.22	0.23	-0.25	0.64	-0.31	LSF
CNVCF	-0.39	-0.65	-0.3	0.46		-0.41	0.61	0.4	0.05	-0.3	CNVCF
ARZTY	0.03	0.03	0.03	-0.22	-0.41		-0.22	-0.08	-0.03	0.46	ARZTY
JVA	-0.22	-0.65	-0.49	0.23	0.61	-0.22		0.71	0.04	0.21	JVA
BRID	-0.1	-0.63	-0.74	-0.25	0.4	-0.08	0.71		-0.5	0.2	BRID
WEST	-0.04	0.19	0.48	0.64	0.05	-0.03	0.04	-0.5		-0.08	WEST
JBSS	0.38	-0.17	-0.61	-0.31	-0.3	0.46	0.21	0.2	-0.08		JBSS
	MYLKF	BABYF	STKH	LSF	CNVCF	ARZTY	JVA	BRID	WEST	JBSS

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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

BRID	+ 0.71	JVA
WEST	+ 0.64	LSF
STKH	+ 0.61	BABYF
JVA	+ 0.61	CNVCF
BABYF	+ 0.48	MYLKF
WEST	+ 0.48	STKH

High negative correlations

BRID	- 0.74	STKH
JVA	- 0.65	BABYF
CNVCF	- 0.65	BABYF
BRID	- 0.63	BABYF
JBSS	- 0.61	STKH
WEST	- 0.5	BRID

Risk-Adjusted Indicators

There is a big difference between Glucose Pink Sheet performing well and Glucose Health 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 Glucose Health'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
MYLKF	73.53	39.52	0.48	(0.58)	21.48	(316.39)	100.00	(66.67)	1,090
BABYF	10.18	0.93	0.05	(1.69)	11.20	(18.15)	30.77	(16.67)	121.43
STKH	3.02	(0.89)	0.00	(0.72)	0.00	0.00	5.26	(5.88)	22.75
LSF	4.30	0.55	0.11	1.16	4.43	(4.88)	9.06	(7.79)	34.96
CNVCF	1.85	0.13	0.03	0.57	2.01	(2.44)	4.57	(4.31)	19.23
ARZTY	0.93	0.09	0.00	(0.28)	0.00	0.00	3.75	(3.49)	19.58
JVA	3.34	0.20	0.06	0.29	3.24	(4.35)	7.63	(4.81)	24.81
BRID	1.51	0.17	0.05	1.48	1.62	(1.79)	4.07	(2.85)	10.57
WEST	2.78	(0.04)	(0.01)	0.04	3.72	(2.75)	5.92	(7.10)	15.39
JBSS	1.27	(0.11)	0.00	(0.55)	0.00	0.00	2.46	(2.52)	10.93

Be your own money manager

Our tools can tell you how much better you can do entering a position in Glucose Health 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.

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