Janone Correlations

Summary

The current 90-days correlation between Janone Inc and Avalon Holdings is 0.07 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Janone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Janone Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Janone Correlation With Market

Good diversification

The correlation between Janone Inc and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Janone Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Janone Stock

0.68	BKRKF	PT Bank Rakyat	Pair Corr
0.76	PPERF	Bank Mandiri Persero	Pair Corr
0.87	PPERY	Bank Mandiri Persero	Pair Corr
0.62	PBCRY	Bank Central Asia	Pair Corr
0.87	BKRKY	Bank Rakyat	Pair Corr
0.88	TLK	Telkom Indonesia Tbk	Pair Corr
0.75	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.75	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.84	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Moving against Janone Stock

0.87	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.84	CSCO	Cisco Systems Sell-off Trend	Pair Corr
0.84	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.83	BAC	Bank of America Aggressive Push	Pair Corr
0.8	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.75	SSNLF	Samsung Electronics	Pair Corr
0.72	HPQ	HP Inc	Pair Corr
0.71	DIS	Walt Disney Sell-off Trend	Pair Corr
0.66	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.63	PTAIF	PT Astra International	Pair Corr
0.6	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.51	HD	Home Depot	Pair Corr
0.44	TLKMF	Telkom Indonesia Tbk	Pair Corr

Related Correlations Analysis

	AWX	LNZA	AMBI	HNRC	BTQNF	JPEX	SNRG	SEPOF	AGXXF	BCCEF
AWX		-0.58	0.17	0.56	-0.75	-0.09	-0.07	0.56	0.63	-0.56	AWX
LNZA	-0.58		0.52	-0.24	0.54	0.46	0.5	0.14	-0.03	0.46	LNZA
AMBI	0.17	0.52		0.41	-0.07	0.41	0.25	0.71	0.5	-0.14	AMBI
HNRC	0.56	-0.24	0.41		-0.51	-0.07	-0.31	0.58	0.65	-0.48	HNRC
BTQNF	-0.75	0.54	-0.07	-0.51		0.18	0.21	-0.48	-0.53	0.63	BTQNF
JPEX	-0.09	0.46	0.41	-0.07	0.18		0.42	0.17	0.04	0.05	JPEX
SNRG	-0.07	0.5	0.25	-0.31	0.21	0.42		0.16	0.07	0.19	SNRG
SEPOF	0.56	0.14	0.71	0.58	-0.48	0.17	0.16		0.86	-0.46	SEPOF
AGXXF	0.63	-0.03	0.5	0.65	-0.53	0.04	0.07	0.86		-0.4	AGXXF
BCCEF	-0.56	0.46	-0.14	-0.48	0.63	0.05	0.19	-0.46	-0.4		BCCEF
	AWX	LNZA	AMBI	HNRC	BTQNF	JPEX	SNRG	SEPOF	AGXXF	BCCEF

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

AGXXF	+ 0.86	SEPOF
SEPOF	+ 0.71	AMBI
AGXXF	+ 0.65	HNRC
AGXXF	+ 0.63	AWX
BCCEF	+ 0.63	BTQNF
SEPOF	+ 0.58	HNRC

High negative correlations

BTQNF	- 0.75	AWX
LNZA	- 0.58	AWX
BCCEF	- 0.56	AWX
AGXXF	- 0.53	BTQNF
BTQNF	- 0.51	HNRC
SEPOF	- 0.48	BTQNF

Risk-Adjusted Indicators

There is a big difference between Janone Stock performing well and Janone 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 Janone'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
AWX	2.16	0.43	0.13	2.32	1.88	(3.19)	4.84	(4.35)	27.10
LNZA	5.11	(0.52)	0.00	(0.14)	0.00	0.00	10.40	(8.72)	28.44
AMBI	4.36	0.23	0.02	(2.52)	4.57	(5.19)	10.10	(7.79)	26.90
HNRC	11.72	1.87	0.17	0.53	11.51	(13.85)	40.35	(17.54)	83.01
BTQNF	1.21	(0.38)	0.00	(0.62)	0.00	0.00	1.75	(3.57)	20.70
JPEX	18.91	7.27	0.00	(1.00)	0.00	0.00	100.00	(33.33)	335.71
SNRG	11.13	0.60	0.08	0.20	11.71	(16.07)	28.89	(24.24)	104.79
SEPOF	2.90	1.01	0.15	27.11	1.70	(14.70)	9.09	(5.00)	50.41
AGXXF	1.11	0.15	0.02	0.45	1.58	(3.26)	4.58	(2.07)	11.56
BCCEF	5.97	(0.03)	(0.01)	0.05	7.41	(13.16)	17.13	(16.11)	45.53

Delisting Warning - JAN

Janone Inc was delisted

The entity Janone Inc with a symbol JAN was delisted from NASDAQ Exchange. Please try ALT5 Sigma with a symbol ALTS from now on. Check all delisted instruments accross multiple markets.

Janone Corporate Management

Virland CPA	Chief Officer	Profile
Tony Isaac	CEO and President	Profile
Amol Soin	Chief Officer	Profile
Tony Giordano	Chief Officer	Profile
Douglas Flanagan	Chief Advisor	Profile

Still Interested in Janone Inc?

Investing in delisted delisted stocks can be risky, as the 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.

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

2024 Macroaxis LLC