K-Bro Linen Correlations
| KBRLF Stock | USD 26.42 1.33 5.30% |
The current 90-days correlation between K Bro Linen and Valid Solucoes e is 0.04 (i.e., Significant diversification). The correlation of K-Bro Linen 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.
K-Bro Linen Correlation With Market
Average diversification
The correlation between K Bro Linen and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding K Bro Linen and DJI in the same portfolio, assuming nothing else is changed.
K-Bro |
The ability to find closely correlated positions to K-Bro Linen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace K-Bro Linen 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 K-Bro Linen - 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 K Bro Linen to buy it.
Moving against K-Bro Pink Sheet
| 0.44 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.35 | APVO | Aptevo Therapeutics | PairCorr |
| 0.37 | HWNI | High Wire Networks | PairCorr |
| 0.33 | IENT | iEntertainment Network | 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
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Risk-Adjusted Indicators
There is a big difference between K-Bro Pink Sheet performing well and K-Bro Linen 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 K-Bro Linen'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VSSPY | 0.46 | (0.04) | 0.00 | (0.13) | 0.00 | 0.00 | 14.46 | |||
| CHFFY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NOKFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ADERY | 0.60 | 0.31 | 0.00 | (3.68) | 0.00 | 0.00 | 12.03 | |||
| TGDLF | 0.78 | (0.35) | 0.00 | 0.62 | 0.00 | 0.00 | 26.15 | |||
| ENJPY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HBGRF | 0.73 | 0.06 | 0.00 | 0.02 | 0.00 | 0.00 | 18.92 | |||
| ABGOF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RCDOF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KPGHF | 2.97 | (0.08) | 0.00 | 0.16 | 0.00 | 6.59 | 24.82 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in K-Bro Linen 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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Money Flow IndexDetermine momentum by analyzing Money Flow Index and other technical indicators |
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K-Bro Linen Corporate Management
| Sean Curtis | Sr. VP and General Manager of Edmonton Operations | Profile | |
| Kevin Stephenson | Gen Toronto | Profile | |
| Ronald Graham | General Manager of Vancouver 1 Plant | Profile | |
| Michael Jones | Managing Limited | Profile | |
| MBA MBA | CEO Pres | Profile | |
| Timothy Bruns | Pres Specialty | Profile | |
| Jessica Lvesque | Director Quebec | Profile |