RF Capital Correlations

GMPXFDelisted Stock  USD 14.33  0.00  0.00%   
The current 90-days correlation between RF Capital Group and Urbana is -0.04 (i.e., Good diversification). The correlation of RF Capital 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.

RF Capital Correlation With Market

Good diversification

The correlation between RF Capital Group and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding RF Capital Group and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to RF Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RF Capital 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 RF Capital - 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 RF Capital Group to buy it.

Moving against GMPXF Pink Sheet

  0.81DDS Dillards,PairCorr
  0.75PPERF Bank Mandiri PerseroPairCorr
  0.75DNLMY Dunelm Group PLCPairCorr
  0.64REGN Regeneron PharmaceuticalsPairCorr
  0.61PPERY Bank Mandiri PerseroPairCorr
  0.57TEO Telecom ArgentinaPairCorr
  0.54PHAR Pharming Group NVPairCorr
  0.5KB KB Financial GroupPairCorr
  0.49SHG Shinhan FinancialPairCorr
  0.47CHACR Crane Harbor AcquisitionPairCorr
  0.45BAC Bank of AmericaPairCorr
  0.44WF Woori Financial GroupPairCorr
  0.43PBCRF PT Bank CentralPairCorr
  0.43NOEM CO2 Energy TransitionPairCorr
  0.39STAG STAG IndustrialPairCorr
  0.38PTBRY Bank Negara IndonesiaPairCorr
  0.38CRRFY Carrefour SA PKPairCorr
  0.38AVTBF Avant BrandsPairCorr
  0.85SHIP Seanergy MaritimePairCorr
  0.69RLMD Relmada TherapeuticsPairCorr
  0.69APGE Apogee Therapeutics,PairCorr
  0.68IDN Intellicheck MobilisaPairCorr
  0.61AAL American AirlinesPairCorr
  0.61HL Hecla MiningPairCorr
  0.6GM General MotorsPairCorr
  0.59CX Cemex SAB de Sell-off TrendPairCorr
  0.57AKAM Akamai TechnologiesPairCorr
  0.54EGP EastGroup PropertiesPairCorr

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

VSTKFPASMF
UBAAFURNAF
VEFFFURNAF
CLIUFUBAAF
CLIUFURNAF
VEFFFUBAAF
  

High negative correlations

OSHDFVSTKF
OSHDFPASMF
TSRUFURNAF
UBAAFTSRUF
AIMFFCLIUF
AIMFFUBAAF

Risk-Adjusted Indicators

There is a big difference between GMPXF Pink Sheet performing well and RF Capital 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 RF Capital'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
URNAF  1.05  0.36  0.13  0.78  1.28 
 3.01 
 10.60 
TSRUF  0.23 (0.15) 0.00 (0.56) 0.00 
 0.00 
 3.87 
UBAAF  1.62  0.30  0.10  0.82  1.93 
 2.94 
 13.56 
CLIUF  0.33  0.15  0.00  1.06  0.00 
 0.00 
 5.71 
AIMFF  1.40 (0.35) 0.00 (0.37) 0.00 
 3.02 
 10.45 
VEFFF  0.15  0.08  0.00 (0.44) 0.00 
 0.00 
 5.00 
DDWWF  3.54 (0.07) 0.00  0.02  6.25 
 25.49 
 51.87 
PASMF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
VSTKF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
OSHDF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 

RF Capital 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 RF Capital pink sheet to make a market-neutral strategy. Peer analysis of RF Capital could also be used in its relative valuation, which is a method of valuing RF Capital by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

RF Capital Corporate Management

Still Interested in RF Capital Group?

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.