Imageware Sys Correlations
| IWSY Stock | USD 0.0001 0.00 0.00% |
The correlation of Imageware Sys 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.
Imageware Sys Correlation With Market
Good diversification
The correlation between Imageware Sys and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Imageware Sys and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Imageware Sys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Imageware Sys 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 Imageware Sys - 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 Imageware Sys to buy it.
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 Imageware OTC Stock performing well and Imageware Sys 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 Imageware Sys' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GCLT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SDEC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PRST | 20.91 | 6.28 | 0.10 | (4.99) | 17.50 | 100.00 | 166.67 | |||
| GETR | 2.45 | (1.26) | 0.00 | 7.21 | 0.00 | 0.00 | 50.00 | |||
| SPYR | 13.79 | 3.95 | 0.00 | 4.15 | 0.00 | 50.00 | 150.00 | |||
| CPWY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ZDEC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ADSV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| STIE | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BZIC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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Imageware Sys Corporate Management
Elected by the shareholders, the Imageware Sys' board of directors comprises two types of representatives: Imageware Sys inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Imageware. The board's role is to monitor Imageware Sys' management team and ensure that shareholders' interests are well served. Imageware Sys' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Imageware Sys' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daniel Dlab | VP Engineering | Profile | |
| Jeffrey Hotze | Co Controller | Profile | |
| Mark Blackman | VP Management | Profile | |
| AJ Naddell | VP Sales | Profile | |
| Sheryl Edwards | Director HR | Profile | |
| Sudheer Koganti | VP Engineering | Profile | |
| Keith Booe | VP Operation | Profile |