Assure Holdings Correlations
| IONMDelisted Stock | USD 0.68 0.08 13.33% |
The current 90-days correlation between Assure Holdings Corp and Novo Integrated Sciences is -0.26 (i.e., Very good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Assure Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Assure Holdings Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Assure Holdings Correlation With Market
Good diversification
The correlation between Assure Holdings Corp and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Assure Holdings Corp and DJI in the same portfolio, assuming nothing else is changed.
Assure |
The ability to find closely correlated positions to Assure Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Assure Holdings 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 Assure Holdings - 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 Assure Holdings Corp to buy it.
Moving together with Assure OTC Stock
| 0.89 | NVOS | Novo Integrated Sciences | PairCorr |
| 0.67 | ATIP | ATI Physical Therapy | PairCorr |
| 0.66 | EFTR | Effector Therapeutics | PairCorr |
| 0.75 | EMMA | Emmaus Life Sciences | PairCorr |
| 0.62 | WUHN | Wuhan General Gr | PairCorr |
| 0.67 | ATR | AptarGroup Earnings Call This Week | PairCorr |
| 0.78 | UPB | Upstream Bio, | PairCorr |
Moving against Assure OTC Stock
| 0.67 | YCBD-PA | cbdMD Inc | PairCorr |
| 0.64 | VAXX | Vaxxinity | PairCorr |
| 0.58 | NIVFW | NewGenIvf Group | PairCorr |
| 0.47 | VASO | Vaso Corp | PairCorr |
| 0.42 | ELTP | Elite Pharma | PairCorr |
| 0.4 | CLRD | Clearday | PairCorr |
| 0.39 | DWTX | Dogwood Therapeutics, Symbol Change | PairCorr |
| 0.38 | ECIA | Encision | PairCorr |
| 0.66 | FRTX | Fresh Tracks Therapeutics | PairCorr |
| 0.59 | BTSGU | BrightSpring Health | PairCorr |
| 0.49 | EVLO | Evelo Biosciences | PairCorr |
| 0.45 | FBIOP | Fortress Biotech Pref | PairCorr |
| 0.42 | KDLYW | Kindly MD, Warrants | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Assure OTC Stock performing well and Assure Holdings 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 Assure Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IMACW | 45.76 | 17.71 | 0.44 | (1.35) | 26.50 | 166.67 | 707.09 | |||
| NVOS | 7.53 | (2.28) | 0.00 | (2.40) | 0.00 | 11.54 | 90.12 | |||
| AVAH | 2.35 | (0.13) | 0.00 | (0.02) | 0.00 | 4.94 | 23.12 | |||
| PIII | 5.13 | (1.02) | 0.00 | 2.31 | 0.00 | 10.00 | 44.01 | |||
| AIH | 16.55 | 2.89 | 0.11 | (0.64) | 18.11 | 56.25 | 125.38 | |||
| SNDA | 2.15 | (0.12) | 0.00 | (0.07) | 0.00 | 3.80 | 12.89 | |||
| ACHC | 1.84 | (0.16) | 0.00 | (2.82) | 0.00 | 4.60 | 19.21 | |||
| CCEL | 2.78 | 0.47 | 0.14 | (12.57) | 2.35 | 6.01 | 30.49 | |||
| AIRS | 4.69 | (0.04) | (0.01) | 0.03 | 5.99 | 8.53 | 40.62 | |||
| PNTG | 1.66 | (0.29) | 0.00 | (1.93) | 0.00 | 3.76 | 8.51 |
View Assure Holdings Related Equities
| Risk & Return | Correlation |
Assure Holdings Corporate Management
Elected by the shareholders, the Assure Holdings' board of directors comprises two types of representatives: Assure Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Assure. The board's role is to monitor Assure Holdings' management team and ensure that shareholders' interests are well served. Assure Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Assure Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Price | CFO Sec | Profile | |
| Brian McDonald | Chief Officer | Profile | |
| Craig Caviness | VP Devel | Profile | |
| Jerod Powell | Chief Officer | Profile | |
| Paul Webster | Interim Management | Profile | |
| Scott Kozak | Director Relations | Profile |
Still Interested in Assure Holdings Corp?
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.