Global Crossing Correlations
| JETMF Stock | USD 0.49 0.02 3.92% |
The current 90-days correlation between Global Crossing Airlines and Norse Atlantic ASA is -0.22 (i.e., Very good diversification). The correlation of Global Crossing 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.
Global Crossing Correlation With Market
Good diversification
The correlation between Global Crossing Airlines and DJI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Global Crossing Airlines and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Global Crossing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Crossing 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 Global Crossing - 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 Global Crossing Airlines to buy it.
Moving together with Global OTC Stock
| 0.79 | BKRKY | Bank Rakyat | PairCorr |
| 0.77 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.74 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.75 | PBCRY | Bank Central Asia Earnings Call This Week | PairCorr |
| 0.72 | PTBRY | Bank Negara Indonesia Earnings Call This Week | PairCorr |
| 0.8 | BAER | Bridger Aerospace Buyout Trend | PairCorr |
Moving against Global OTC Stock
| 0.81 | LUV | Southwest Airlines Earnings Call This Week | PairCorr |
| 0.76 | CHKIF | China Southern Airlines | PairCorr |
| 0.73 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.7 | AICAF | Air China Limited | PairCorr |
| 0.63 | AIRYY | Air China | PairCorr |
| 0.52 | DAL | Delta Air Lines | PairCorr |
| 0.46 | JPSTF | JAPAN POST BANK | PairCorr |
| 0.82 | FSK | FS KKR Capital | PairCorr |
| 0.79 | HBI | Hanesbrands Sell-off Trend | PairCorr |
| 0.78 | MZHOF | Mizuho Financial | PairCorr |
| 0.78 | DIS | Walt Disney | PairCorr |
| 0.77 | WSM | Williams Sonoma | PairCorr |
| 0.74 | RNMBF | Rheinmetall AG | PairCorr |
| 0.73 | SLSR | Solaris Resources | PairCorr |
| 0.69 | MOGO | Mogo Inc | PairCorr |
| 0.68 | CLS | Celestica | PairCorr |
| 0.67 | AAL | American Airlines Earnings Call This Week | PairCorr |
| 0.6 | VST | Vistra Energy Corp | PairCorr |
| 0.51 | SATX | SatixFy Communications | PairCorr |
| 0.39 | PAYC | Paycom Soft | PairCorr |
| 0.39 | MO | Altria Group | PairCorr |
| 0.9 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.78 | AXP | American Express Earnings Call This Week | PairCorr |
| 0.77 | ACHR | Archer Aviation | PairCorr |
| 0.77 | TSLA | Tesla Inc Aggressive Push | 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 Global OTC Stock performing well and Global Crossing 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 Global Crossing'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FNNNF | 0.72 | (0.07) | 0.00 | 0.84 | 0.00 | 0.00 | 19.58 | |||
| EJTTF | 0.75 | (0.03) | 0.00 | (0.13) | 0.00 | 0.00 | 33.28 | |||
| NRSAF | 4.24 | 1.31 | 0.12 | 0.77 | 3.41 | 13.33 | 58.82 | |||
| ANZFF | 2.17 | 0.19 | 0.02 | (1.88) | 2.93 | 6.67 | 39.68 | |||
| AICAF | 1.45 | 0.36 | 0.00 | (3.68) | 0.00 | 4.44 | 24.75 | |||
| CEBUF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AFRAF | 0.70 | (0.20) | 0.00 | (1.02) | 0.00 | 1.15 | 18.17 | |||
| AIABF | 2.33 | (0.03) | 0.00 | 0.05 | 0.00 | 10.00 | 48.33 | |||
| CHKIF | 1.60 | 0.24 | 0.03 | 1.95 | 2.34 | 4.55 | 35.19 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Global Crossing 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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Global Crossing Corporate Management
Elected by the shareholders, the Global Crossing's board of directors comprises two types of representatives: Global Crossing inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Global. The board's role is to monitor Global Crossing's management team and ensure that shareholders' interests are well served. Global Crossing'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, Global Crossing's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Captain Gonzalez | Chief Pilot | Profile | |
| Edgar Green | Head Technology | Profile | |
| George Hambrick | Chief Staff | Profile | |
| Ryan Goepel | CFO VP | Profile | |
| Doreen DePastino | Ex Ops | Profile | |
| Mark Salvador | Chief Officer | Profile | |
| Kevin Beitzel | Chief Inspector | Profile |