Im Cannabis Correlations
| IMCC Stock | USD 2.59 0.02 0.77% |
The current 90-days correlation between Im Cannabis Corp and Clever Leaves Holdings is 0.02 (i.e., Significant diversification). The correlation of Im Cannabis 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.
Im Cannabis Correlation With Market
Good diversification
The correlation between Im Cannabis Corp and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Im Cannabis Corp and DJI in the same portfolio, assuming nothing else is changed.
IMCC |
Moving against IMCC Stock
| 0.57 | MLYS | Mineralys Therapeutics, | PairCorr |
| 0.42 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.42 | TCHH | Trustcash Holdings | PairCorr |
| 0.37 | KA | Kineta Inc | PairCorr |
| 0.35 | NXGLW | NexGel Warrant | PairCorr |
| 0.47 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.42 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.36 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between IMCC Stock performing well and Im Cannabis 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 Im Cannabis' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CLVR | 9,945 | 5,531 | 0.00 | (1.25) | 0.00 | 0.00 | 333,333 | |||
| KHRNF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ALID | 11.53 | 1.19 | 0.06 | 1.07 | 14.21 | 51.52 | 110.34 | |||
| BFRI | 6.10 | 0.05 | 0.00 | 0.10 | 0.00 | 14.63 | 46.72 | |||
| UPC | 7.66 | (3.71) | 0.00 | (143.01) | 0.00 | 12.27 | 73.25 | |||
| QLI | 7.17 | 1.35 | 0.20 | 0.59 | 6.62 | 19.23 | 61.58 | |||
| RAPH | 2.51 | (1.58) | 0.00 | (0.54) | 0.00 | 0.00 | 84.24 | |||
| GSAC | 11.20 | 1.97 | 0.07 | (1.63) | 11.12 | 33.33 | 58.33 | |||
| AAWH | 3.93 | (1.28) | 0.00 | 1.12 | 0.00 | 5.43 | 26.74 |
Im Cannabis Corporate Management
| Shai Shemesh | Chief Officer | Profile | |
| Advocate Nissimov | General Counsel | Profile | |
| Michael Ruscetta | Chief Corp | Profile | |
| Richard Balla | Chief Adjupharm | Profile | |
| Rinat Efrima | Chief Israel | Profile | |
| Howard CFA | Chief MYM | Profile |