Mad Paws Correlations
| MPA Stock | 0.07 0.01 7.25% |
The current 90-days correlation between Mad Paws Holdings and Pinnacle Investment Management is 0.17 (i.e., Average diversification). The correlation of Mad Paws 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.
Mad Paws Correlation With Market
Good diversification
The correlation between Mad Paws Holdings and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mad Paws Holdings and DJI in the same portfolio, assuming nothing else is changed.
Mad |
The ability to find closely correlated positions to Mad Paws could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mad Paws 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 Mad Paws - 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 Mad Paws Holdings to buy it.
Moving against Mad Stock
Related Correlations Analysis
| 0.63 | 0.94 | 0.51 | 0.87 | 0.71 | HMC | ||
| 0.63 | 0.67 | 0.03 | 0.73 | 0.12 | RG8 | ||
| 0.94 | 0.67 | 0.55 | 0.88 | 0.71 | PNI | ||
| 0.51 | 0.03 | 0.55 | 0.48 | 0.84 | ARG | ||
| 0.87 | 0.73 | 0.88 | 0.48 | 0.62 | FSI | ||
| 0.71 | 0.12 | 0.71 | 0.84 | 0.62 | KAM | ||
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Risk-Adjusted Indicators
There is a big difference between Mad Stock performing well and Mad Paws 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 Mad Paws' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HMC | 1.41 | 0.55 | 0.29 | 0.87 | 1.13 | 3.05 | 14.71 | |||
| RG8 | 1.24 | 0.14 | (0.02) | (0.12) | 1.56 | 3.09 | 8.61 | |||
| PNI | 1.39 | 0.40 | 0.23 | 0.60 | 1.20 | 3.17 | 10.42 | |||
| ARG | 0.41 | 0.04 | (0.11) | 0.38 | 0.35 | 0.90 | 1.80 | |||
| FSI | 0.73 | 0.08 | 0.00 | 0.33 | 0.89 | 2.44 | 7.61 | |||
| KAM | 1.55 | 0.49 | 0.00 | 0.97 | 0.00 | 8.00 | 19.09 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Mad Paws 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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Mad Paws Corporate Management
Elected by the shareholders, the Mad Paws' board of directors comprises two types of representatives: Mad Paws inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mad. The board's role is to monitor Mad Paws' management team and ensure that shareholders' interests are well served. Mad Paws' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mad Paws' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Graham Mason | Chief Officer | Profile | |
| Tahnee Claeys | Head Operations | Profile | |
| Martim Teixeira | Head Product | Profile | |
| Vinicius Rosa | Head Engineering | Profile | |
| GIA BEd | Company Secretary | Profile |