INEO Tech Correlations
| INEOF Stock | USD 0.01 0 27.27% |
The correlation of INEO Tech 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.
INEO Tech Correlation With Market
Excellent diversification
The correlation between INEO Tech Corp and DJI is -0.52 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding INEO Tech Corp and DJI in the same portfolio, assuming nothing else is changed.
INEO |
The ability to find closely correlated positions to INEO Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace INEO Tech 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 INEO Tech - 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 INEO Tech Corp to buy it.
Moving against INEO OTC Stock
| 0.61 | AVHNY | Ackermans Van Haaren | PairCorr |
| 0.6 | TCLAF | Transcontinental | PairCorr |
| 0.56 | MPLX | MPLX LP | PairCorr |
| 0.55 | FDX | FedEx | PairCorr |
| 0.55 | CHEF | Chefs Warehouse Earnings Call Tomorrow | PairCorr |
| 0.54 | ABOS | Acumen Pharmaceuticals | PairCorr |
| 0.53 | HNI | HNI Corp Earnings Call This Week | PairCorr |
| 0.53 | DD | Dupont De Nemours | PairCorr |
| 0.52 | TGT | Target | PairCorr |
| 0.5 | ALRS | Alerus Financial Corp | PairCorr |
| 0.49 | CRESY | Cresud SACIF y | PairCorr |
| 0.49 | ITOCY | Itochu Corp ADR | PairCorr |
| 0.45 | JCDXF | JCDecaux SA | PairCorr |
| 0.45 | CMG | Chipotle Mexican Grill | PairCorr |
| 0.41 | LYTS | LSI Industries | PairCorr |
| 0.39 | SKYX | SKYX Platforms Corp | PairCorr |
| 0.37 | FLWS | 1 800 FLOWERSCOM | PairCorr |
| 0.34 | DNTUF | Dentsu Inc | PairCorr |
| 0.33 | WPPGF | WPP plc | PairCorr |
| 0.31 | 68389XAE5 | ORACLE P 65 | PairCorr |
| 0.71 | TBBB | BBB Foods | PairCorr |
| 0.69 | CP | Canadian Pacific Railway | PairCorr |
| 0.69 | CRGGF | China Resources Gas | PairCorr |
| 0.66 | CNI | Canadian National Railway | PairCorr |
| 0.65 | DAL | Delta Air Lines | PairCorr |
| 0.64 | NREF | Nexpoint Real Estate | PairCorr |
| 0.52 | OLN | Olin | PairCorr |
| 0.51 | BCEPF | BCE Inc | PairCorr |
| 0.5 | CFR | CullenFrost Bankers | PairCorr |
| 0.49 | THXPF | Thor Explorations | 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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between INEO OTC Stock performing well and INEO Tech 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 INEO Tech'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SPTY | 25.54 | 2.68 | 0.11 | 0.32 | 24.75 | 75.00 | 159.38 | |||
| SGRB | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AMFL | 4.47 | (0.88) | 0.00 | 68.56 | 0.00 | 15.60 | 55.07 | |||
| EGLXF | 5.73 | (0.26) | 0.00 | 5.76 | 0.00 | 13.33 | 43.17 | |||
| BMTM | 7.80 | 1.31 | 0.09 | 0.91 | 8.12 | 30.00 | 96.49 | |||
| EZOO | 2.71 | (1.38) | 0.00 | 6.80 | 0.00 | 0.00 | 90.91 | |||
| SFUNY | 5.62 | 1.33 | 0.00 | (1.19) | 0.00 | 0.70 | 147.37 | |||
| TGNT | 6.54 | (0.96) | 0.00 | (3.71) | 0.00 | 20.00 | 49.52 | |||
| AATV | 6.66 | 1.62 | 0.07 | (0.87) | 6.60 | 22.22 | 120.83 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in INEO Tech 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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INEO Tech Corporate Management
Elected by the shareholders, the INEO Tech's board of directors comprises two types of representatives: INEO Tech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of INEO. The board's role is to monitor INEO Tech's management team and ensure that shareholders' interests are well served. INEO Tech'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, INEO Tech's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gregory Watkin | Chairman, Founder | Profile | |
| Frank Halbach | Managing Media | Profile | |
| Kyle Hall | CEO Director | Profile | |
| Bernadette Ryle | Chief Officer | Profile | |
| Pardeep MBA | Head Relations | Profile |