Lig Assets Correlations
| LIGA Stock | USD 0.01 0.0001 0.70% |
The current 90-days correlation between Lig Assets and Beyond Commerce is -0.12 (i.e., Good diversification). The correlation of Lig Assets 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.
Lig Assets Correlation With Market
Good diversification
The correlation between Lig Assets 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 Lig Assets and DJI in the same portfolio, assuming nothing else is changed.
Lig |
The ability to find closely correlated positions to Lig Assets could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lig Assets 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 Lig Assets - 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 Lig Assets to buy it.
Moving together with Lig Pink Sheet
| 0.63 | IPG | Interpublic Group | PairCorr |
| 0.69 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.64 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.87 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against Lig Pink Sheet
| 0.84 | WPPGF | WPP plc | PairCorr |
| 0.83 | WPP | WPP PLC ADR | PairCorr |
| 0.79 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.78 | FSTF | First State Financial | PairCorr |
| 0.73 | FDS | FactSet Research Systems | PairCorr |
| 0.48 | OMC | Omnicom Group | PairCorr |
| 0.83 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.79 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.77 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.73 | T | ATT Inc Aggressive Push | PairCorr |
| 0.7 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.67 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.67 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.5 | GARPF | Golden Agri Resources | PairCorr |
| 0.34 | ESRT | Empire State Realty | PairCorr |
Related Correlations Analysis
| 0.03 | -0.28 | -0.05 | -0.45 | -0.3 | BYOC | ||
| 0.03 | 0.31 | -0.22 | 0.07 | 0.21 | BAOS | ||
| -0.28 | 0.31 | -0.04 | 0.38 | 0.58 | MGOL | ||
| -0.05 | -0.22 | -0.04 | -0.06 | -0.13 | CMGO | ||
| -0.45 | 0.07 | 0.38 | -0.06 | 0.6 | MMND | ||
| -0.3 | 0.21 | 0.58 | -0.13 | 0.6 | STCN | ||
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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 Lig Pink Sheet performing well and Lig Assets 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 Lig Assets' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BYOC | 30.30 | 8.44 | 0.17 | 1.64 | 21.30 | 100.00 | 150.00 | |||
| BAOS | 4.42 | (0.21) | 0.00 | 1.09 | 0.00 | 9.62 | 27.06 | |||
| MGOL | 4.07 | (0.75) | 0.00 | (0.32) | 0.00 | 7.69 | 26.48 | |||
| CMGO | 7.16 | 0.83 | 0.05 | 0.67 | 8.52 | 28.57 | 68.57 | |||
| MMND | 4.53 | 0.52 | 0.00 | (0.03) | 8.12 | 20.00 | 124.44 | |||
| STCN | 2.27 | (0.21) | 0.00 | (2.41) | 0.00 | 4.41 | 16.18 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lig Assets 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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Lig Assets Corporate Management
| Charles Gambino | Chief Officer | Profile | |
| Linda Byrd | Pres Homes | Profile | |
| Allan Gillis | Pres Director | Profile | |
| Douglas Vaughn | Chief Officer | Profile | |
| Dakota Forgione | CEO Director | Profile | |
| Jasmin Jimenez | Investor Officer | Profile | |
| Marvin Baker | Pres Chairman | Profile |