Blockmate Ventures Correlations
| MATEF Stock | USD 0.04 0.01 15.66% |
The correlation of Blockmate Ventures 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.
Blockmate Ventures Correlation With Market
Pay attention - limited upside
The correlation between Blockmate Ventures and DJI is -0.71 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Blockmate Ventures and DJI in the same portfolio, assuming nothing else is changed.
Blockmate |
The ability to find closely correlated positions to Blockmate Ventures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blockmate Ventures 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 Blockmate Ventures - 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 Blockmate Ventures to buy it.
Moving together with Blockmate OTC Stock
Moving against Blockmate OTC Stock
| 0.79 | GS | Goldman Sachs Group | PairCorr |
| 0.78 | MS | Morgan Stanley | PairCorr |
| 0.7 | SCHW | Charles Schwab Corp | PairCorr |
| 0.67 | MS-PK | Morgan Stanley | PairCorr |
| 0.52 | PTAIY | Astra International Tbk Downward Rally | PairCorr |
| 0.46 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.46 | PPERY | Bank Mandiri Persero Earnings Call This Week | PairCorr |
| 0.77 | EGTIF | eGuarantee | PairCorr |
| 0.76 | SAIC | Science Applications | PairCorr |
| 0.74 | BIOA | BioAge Labs | PairCorr |
| 0.72 | VASO | Vaso Corp | PairCorr |
| 0.7 | SHTLF | South32 Limited | PairCorr |
| 0.69 | HYMC | Hycroft Mining Holding Trending | PairCorr |
| 0.68 | ONDS | Ondas Holdings | PairCorr |
| 0.66 | DAR | Darling Ingredients | PairCorr |
| 0.66 | CFTN | Clifton Mining | PairCorr |
| 0.61 | F | Ford Motor Earnings Call This Week | PairCorr |
| 0.54 | SNDK | Sandisk Corp Earnings Call Today | PairCorr |
| 0.5 | TLKMF | Telkom Indonesia Tbk | 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 Blockmate OTC Stock performing well and Blockmate Ventures 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 Blockmate Ventures' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BCNWF | 8.06 | 0.87 | 0.08 | 0.69 | 9.03 | 21.44 | 68.52 | |||
| ABSOF | 1.19 | (0.59) | 0.00 | 1.34 | 0.00 | 0.00 | 40.00 | |||
| BLRZF | 28.98 | 12.69 | 0.00 | 1.06 | 0.00 | 0.00 | 900.00 | |||
| SFES | 1.76 | (0.19) | 0.00 | (0.53) | 0.00 | 2.74 | 23.25 | |||
| BLVDF | 4.77 | (1.71) | 0.00 | (1.69) | 0.00 | 0.00 | 150.11 | |||
| PRPS | 0.69 | (0.02) | 0.00 | 0.20 | 0.00 | 2.42 | 13.57 | |||
| MONTF | 7.41 | 2.34 | 0.00 | (1.36) | 0.00 | 0.00 | 279.36 | |||
| TVLF | 0.38 | 0.08 | 0.00 | 0.30 | 0.00 | 0.46 | 7.60 | |||
| TRXA | 9.52 | 3.97 | 0.00 | 3.90 | 0.00 | 0.00 | 257.16 | |||
| PCMC | 4.08 | 0.05 | 0.00 | 0.08 | 0.00 | 0.00 | 184.82 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Blockmate Ventures 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?
Run ETF Categories Now
ETF CategoriesList of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
| All Next | Launch Module |
Blockmate Ventures Corporate Management
Elected by the shareholders, the Blockmate Ventures' board of directors comprises two types of representatives: Blockmate Ventures inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Blockmate. The board's role is to monitor Blockmate Ventures' management team and ensure that shareholders' interests are well served. Blockmate Ventures' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Blockmate Ventures' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Domenic Carosa | Pres Founder | Profile | |
| Andrew Jones | Chief Officer | Profile | |
| Justin Rosenberg | CEO Director | Profile | |
| BBA CPA | CFO Sec | Profile |