Eyecity Correlations

ICTY Stock

USD 0.0003 0.0001 50.00%

The correlation of Eyecity 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.

Eyecity Correlation With Market

Very good diversification

The correlation between EyecityCom and DJI is -0.22 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding EyecityCom and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Eyecity Pink Sheet

0.43	JPSTF	JAPAN POST BANK	Pair Corr
0.42	VWAGY	Volkswagen AG 110	Pair Corr
0.4	GEL	Genesis Energy LP	Pair Corr
0.39	BKCYF	Bank Of Cyprus Holdings P Normal Trading	Pair Corr
0.34	VKQ	Invesco Municipal Trust	Pair Corr
0.34	ABCB	Ameris Bancorp	Pair Corr
0.49	ESTA	Establishment Labs Earnings Call This Week	Pair Corr
0.47	MEEEF	Metal Energy Corp	Pair Corr
0.44	OTSKY	Otsuka Holdings	Pair Corr
0.43	FMFP	First Community Financial	Pair Corr
0.43	TRP	TC Energy Corp	Pair Corr
0.39	TFC	Truist Financial Corp	Pair Corr
0.37	ALFVF	Alfa Laval AB	Pair Corr
0.37	TG	Tredegar	Pair Corr
0.37	BCO	Brinks Company	Pair Corr
0.36	INGR	Ingredion Incorporated	Pair Corr
0.35	TDY	Teledyne Technologies	Pair Corr

Related Correlations Analysis

	MNDP	QYBX	STQN	VCOR	SVLT	BCII	NIMU	AHFI	TLIF	CCAJ
MNDP		0.29	0.09	0.0	0.08	-0.08	0.11	-0.13	-0.25	-0.18	MNDP
QYBX	0.29		0.34	0.0	-0.09	-0.6	0.79	-0.29	-0.63	0.34	QYBX
STQN	0.09	0.34		0.0	-0.05	-0.35	0.17	-0.2	-0.26	0.07	STQN
VCOR	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	VCOR
SVLT	0.08	-0.09	-0.05	0.0		-0.04	-0.1	-0.1	0.16	-0.2	SVLT
BCII	-0.08	-0.6	-0.35	0.0	-0.04		-0.62	0.45	0.33	-0.3	BCII
NIMU	0.11	0.79	0.17	0.0	-0.1	-0.62		-0.19	-0.62	0.35	NIMU
AHFI	-0.13	-0.29	-0.2	0.0	-0.1	0.45	-0.19		-0.04	-0.14	AHFI
TLIF	-0.25	-0.63	-0.26	0.0	0.16	0.33	-0.62	-0.04		-0.18	TLIF
CCAJ	-0.18	0.34	0.07	0.0	-0.2	-0.3	0.35	-0.14	-0.18		CCAJ
	MNDP	QYBX	STQN	VCOR	SVLT	BCII	NIMU	AHFI	TLIF	CCAJ

Please upgrade your account to get full access to Macroaxis premium features

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

NIMU	+ 0.79	QYBX
AHFI	+ 0.45	BCII
CCAJ	+ 0.35	NIMU
STQN	+ 0.34	QYBX
CCAJ	+ 0.34	QYBX
TLIF	+ 0.33	BCII

High negative correlations

TLIF	- 0.63	QYBX
TLIF	- 0.62	NIMU
NIMU	- 0.62	BCII
BCII	- 0.6	QYBX
BCII	- 0.35	STQN
CCAJ	- 0.3	BCII

Risk-Adjusted Indicators

There is a big difference between Eyecity Pink Sheet performing well and Eyecity 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 Eyecity'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
MNDP	1.43	0.17	0.00	(0.12)	0.00	0.00	0.00	0.00	30.95
QYBX	5.09	1.38	0.07	(0.41)	5.51	(22.11)	16.67	(18.18)	63.46
STQN	24.21	16.62	0.00	(0.38)	0.00	0.00	8.00	0.00	719.67
VCOR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SVLT	0.50	(0.25)	0.00	1.88	0.00	0.00	0.00	0.00	16.67
BCII	7.11	0.34	0.02	1.84	7.79	(13.39)	23.08	(16.67)	49.52
NIMU	13.34	4.68	0.00	2.71	0.00	0.00	52.17	(23.47)	204.35
AHFI	10.58	2.21	0.06	0.66	11.85	(46.11)	18.81	(18.18)	250.71
TLIF	1.80	(0.09)	0.00	0.25	0.00	0.00	0.00	0.00	45.00
CCAJ	16.22	3.33	0.26	0.52	10.82	(33.92)	60.00	(20.00)	179.65

Be your own money manager

Our tools can tell you how much better you can do entering a position in Eyecity 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?

Run Fundamentals Comparison Now

Fundamentals Comparison

Compare fundamentals across multiple equities to find investing opportunities

All Next

Launch Module

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC