ICoreConnect Correlations
| ICCT Stock | USD 0 0 100.00% |
The current 90-days correlation between iCoreConnect Common stock and Evelo Biosciences is -0.2 (i.e., Good diversification). The correlation of ICoreConnect 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.
ICoreConnect Correlation With Market
Very good diversification
The correlation between iCoreConnect Common stock and DJI is -0.24 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iCoreConnect Common stock and DJI in the same portfolio, assuming nothing else is changed.
ICoreConnect |
The ability to find closely correlated positions to ICoreConnect could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ICoreConnect 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 ICoreConnect - 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 iCoreConnect Common stock to buy it.
Moving against ICoreConnect Pink Sheet
| 0.38 | NWTG | Newton Golf Symbol Change | PairCorr |
| 0.36 | LRDC | Laredo Oil | PairCorr |
| 0.35 | CGECF | Cogeco Inc | PairCorr |
| 0.33 | GRBK | Green Brick Partners | PairCorr |
| 0.31 | GS | Goldman Sachs Group | PairCorr |
| 0.31 | SLSR | Solaris Resources | PairCorr |
| 0.53 | EXAS | EXACT Sciences | PairCorr |
| 0.45 | PNRG | PrimeEnergy | PairCorr |
| 0.41 | SHIP | Seanergy Maritime | PairCorr |
| 0.41 | ONON | On Holding | PairCorr |
| 0.4 | FRSB | First Resource Bank | PairCorr |
| 0.32 | INTC | Intel | PairCorr |
| 0.32 | JOE | St Joe Company | PairCorr |
| 0.31 | BLAGF | Blue Lagoon Resources | PairCorr |
| 0.31 | BNEFF | Bonterra Energy Corp | 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
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Risk-Adjusted Indicators
There is a big difference between ICoreConnect Pink Sheet performing well and ICoreConnect 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 ICoreConnect'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OLMM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EVLO | 12.69 | 3.32 | 0.00 | (0.82) | 0.00 | 0.00 | 460.00 | |||
| HLTT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| INFIQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ACNV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CGHC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VIAP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SECI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TRVN | 29.89 | 15.00 | 0.00 | (0.66) | 0.00 | 0.00 | 1,000.00 | |||
| LFPI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in ICoreConnect 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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Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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ICoreConnect Corporate Management
| Muralidar Chakravarthi | Chief Officer | Profile | |
| David Fidanza | Chief Officer | Profile | |
| Cile Spelce | Chief Officer | Profile | |
| Michael Islek | Chief Advisor | Profile | |
| Alyse Fidanza | Secretary | Profile | |
| Stacey Trottier | Vice Sales | Profile | |
| Archit Shah | Chief Officer | Profile |