Mango Capital Correlations
| MCAP Stock | USD 8.25 1.00 13.79% |
The correlation of Mango Capital 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Mango Capital Correlation With Market
Pay attention - limited upside
The correlation between Mango Capital and DJI is -0.78 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mango Capital and DJI in the same portfolio, assuming nothing else is changed.
Mango |
The ability to find closely correlated positions to Mango Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mango Capital 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 Mango Capital - 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 Mango Capital to buy it.
Moving together with Mango Pink Sheet
| 0.84 | OPINL | Office Properties Income | PairCorr |
| 0.7 | CDIV | Cascadia Investments | PairCorr |
| 0.93 | ROBOF | RoboGroup TEK | PairCorr |
| 0.82 | EQC | Equity Commonwealth | PairCorr |
| 0.73 | HPQ | HP Inc | PairCorr |
Moving against Mango Pink Sheet
| 0.9 | AA | Alcoa Corp | PairCorr |
| 0.85 | BA | Boeing | PairCorr |
| 0.79 | MRK | Merck Company Sell-off Trend | PairCorr |
| 0.68 | WMT | Walmart Common Stock Earnings Call This Week | PairCorr |
| 0.58 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
| 0.57 | DIS | Walt Disney | PairCorr |
| 0.56 | CAT | Caterpillar | PairCorr |
| 0.51 | TUXS | Tuxis | PairCorr |
| 0.31 | PFE | Pfizer Inc Aggressive Push | 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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Mango Pink Sheet performing well and Mango Capital 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 Mango Capital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BAINF | 0.15 | 0.07 | 0.00 | 11.79 | 0.00 | 0.00 | 2.04 | |||
| IVUFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PTRRF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PXPHF | 0.52 | 0.26 | 0.00 | (2.52) | 0.00 | 0.00 | 0.00 | |||
| CMDXF | 1.80 | (0.43) | 0.00 | (0.30) | 0.00 | 3.13 | 9.43 | |||
| ABANF | 0.49 | 0.22 | 0.00 | 5.79 | 0.00 | 0.00 | 16.20 | |||
| TYPMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| IARGF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DYNDF | 7.87 | 0.57 | 0.04 | (0.96) | 7.86 | 13.09 | 73.97 | |||
| TAKOF | 3.38 | (0.05) | 0.00 | (0.06) | 0.00 | 8.11 | 19.15 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Mango Capital 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 Sectors Now
SectorsList of equity sectors categorizing publicly traded companies based on their primary business activities |
| All Next | Launch Module |
Mango Capital Corporate Management
| David Menn | CEO Chairman | Profile | |
| Richard Makoujy | President | Profile | |
| Jacqueline Palumbo | Communications Director | Profile | |
| MBA JD | COO Advisors | Profile | |
| Charles CPA | CFO Advisors | Profile | |
| Elliot Esq | Corp Advisors | Profile |