Humble Fume Correlations

Summary

HUMBFDelisted Stock

USD 0.05 0.00 0.00%

The current 90-days correlation between Humble Fume and Charlies Holdings is 0.15 (i.e., Average diversification). The correlation of Humble Fume 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.

Humble Fume Correlation With Market

Average diversification

The correlation between Humble Fume and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Humble Fume and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Humble OTC Stock

0.66	BTAFF	British American Tobacco	Pair Corr
0.77	BTI	British American Tobacco	Pair Corr

Moving against Humble OTC Stock

0.75	SSNLF	Samsung Electronics	Pair Corr
0.73	PTAIF	PT Astra International	Pair Corr
0.58	NVDA	NVIDIA	Pair Corr
0.53	ADSK	Autodesk	Pair Corr
0.51	TLKMF	Telkom Indonesia Tbk	Pair Corr
0.46	IMBBF	Imperial Brands PLC	Pair Corr
0.42	PM	Philip Morris Intern	Pair Corr
0.42	SMORF	Smoore International	Pair Corr
0.36	IMBBY	Imperial Brands PLC	Pair Corr
0.59	APLD	Applied Blockchain Trending	Pair Corr
0.58	LLYVK	Liberty Media	Pair Corr
0.55	PYPL	PayPal Holdings	Pair Corr
0.51	STLD	Steel Dynamics Fiscal Year End 28th of January 2025	Pair Corr
0.46	MRVL	Marvell Technology Earnings Call This Week	Pair Corr
0.46	CRWD	Crowdstrike Holdings Earnings Call This Week	Pair Corr
0.45	ALAB	Astera Labs, Common Tech Boost	Pair Corr
0.44	SCHW	Charles Schwab Corp Fiscal Year End 15th of January 2025	Pair Corr
0.35	GVA	Granite Construction	Pair Corr
0.31	GM	General Motors Aggressive Push	Pair Corr

Related Correlations Analysis

	CHUC	PHJMF	GNLN	HPCO	PYYX	XXII	JAPAY	KAVL	CBDW	GGII
CHUC		0.1	-0.03	-0.01	-0.06	0.21	-0.37	-0.42	0.02	-0.08	CHUC
PHJMF	0.1		-0.37	-0.22	-0.05	-0.56	-0.41	0.25	-0.45	-0.51	PHJMF
GNLN	-0.03	-0.37		0.64	0.61	0.83	0.78	-0.37	0.67	0.32	GNLN
HPCO	-0.01	-0.22	0.64		0.45	0.61	0.63	-0.21	0.43	0.01	HPCO
PYYX	-0.06	-0.05	0.61	0.45		0.44	0.57	-0.34	0.54	0.11	PYYX
XXII	0.21	-0.56	0.83	0.61	0.44		0.58	-0.48	0.56	0.41	XXII
JAPAY	-0.37	-0.41	0.78	0.63	0.57	0.58		-0.24	0.64	0.26	JAPAY
KAVL	-0.42	0.25	-0.37	-0.21	-0.34	-0.48	-0.24		-0.4	-0.29	KAVL
CBDW	0.02	-0.45	0.67	0.43	0.54	0.56	0.64	-0.4		0.39	CBDW
GGII	-0.08	-0.51	0.32	0.01	0.11	0.41	0.26	-0.29	0.39		GGII
	CHUC	PHJMF	GNLN	HPCO	PYYX	XXII	JAPAY	KAVL	CBDW	GGII

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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

XXII	+ 0.83	GNLN
JAPAY	+ 0.78	GNLN
CBDW	+ 0.67	GNLN
HPCO	+ 0.64	GNLN
CBDW	+ 0.64	JAPAY
JAPAY	+ 0.63	HPCO

High negative correlations

XXII	- 0.56	PHJMF
GGII	- 0.51	PHJMF
KAVL	- 0.48	XXII
CBDW	- 0.45	PHJMF
KAVL	- 0.42	CHUC
JAPAY	- 0.41	PHJMF

Risk-Adjusted Indicators

There is a big difference between Humble OTC Stock performing well and Humble Fume OTC Stock 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 Humble Fume'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
CHUC	4.08	0.13	(0.01)	(0.02)	4.92	(4.68)	8.21	(8.31)	22.94
PHJMF	3.44	0.85	0.00	(1.05)	0.00	0.00	25.00	0.00	58.33
GNLN	6.92	(1.58)	0.00	(0.43)	0.00	0.00	7.78	(12.79)	109.31
HPCO	17.23	4.99	0.22	1.52	15.72	(24.22)	10.00	(12.73)	108.83
PYYX	4.04	0.00	0.01	0.10	5.39	(6.53)	14.79	(13.10)	32.65
XXII	6.75	(2.27)	0.00	(2.33)	0.00	0.00	11.54	(15.38)	44.68
JAPAY	0.86	(0.07)	0.00	0.69	0.00	0.00	2.31	(1.56)	5.68
KAVL	6.78	1.06	0.16	(6.14)	5.24	(10.77)	11.00	(8.08)	146.09
CBDW	11.92	1.20	0.05	(0.21)	11.46	(18.72)	33.33	(20.00)	140.72
GGII	10.36	1.89	0.06	(0.36)	10.21	(35.67)	33.33	(25.00)	116.67

Humble Fume 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 Humble Fume otc stock to make a market-neutral strategy. Peer analysis of Humble Fume could also be used in its relative valuation, which is a method of valuing Humble Fume by comparing valuation metrics with similar companies.

Charlies Holdings PT Hanjaya Mandala Greenlane Holdings Hempacco Co, Pyxus International 22nd Century Group Japan Tobacco ADR Kaival Brands Innovations 1606 Corp Green Globe International RLX Technology American Airlines Group Alcoa Corp Apple Inc Best Buy Co

Risk & Return

Correlation

Humble Fume Corporate Management

Elected by the shareholders, the Humble Fume's board of directors comprises two types of representatives: Humble Fume inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Humble. The board's role is to monitor Humble Fume's management team and ensure that shareholders' interests are well served. Humble Fume's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Humble Fume's outside directors are responsible for providing unbiased perspectives on the board's policies.

Matthew Mackay	Chief Officer	Profile
Jessica Hulser	Gen US	Profile
Michael Heinstein	VP Operations	Profile
Joel Toguri	Chief Officer	Profile
Nicole Sale	VP Communication	Profile
Graham Meneray	Chief Sec	Profile
Shawn Dym	Ex Director	Profile

Still Interested in Humble Fume?

Investing in delisted otcs can be risky, as the otc stock 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.

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