Nextech Ar Correlations
| NEXCF Stock | USD 0.12 0.01 7.69% |
The current 90-days correlation between Nextech Ar Solutions and Dubber Limited is -0.1 (i.e., Good diversification). The correlation of Nextech Ar 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.
Nextech Ar Correlation With Market
Very weak diversification
The correlation between Nextech Ar Solutions and DJI is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nextech Ar Solutions and DJI in the same portfolio, assuming nothing else is changed.
Nextech |
The ability to find closely correlated positions to Nextech Ar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nextech Ar 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 Nextech Ar - 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 Nextech Ar Solutions to buy it.
Moving together with Nextech OTC Stock
Moving against Nextech OTC Stock
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| 0.45 | PKX | POSCO Holdings | PairCorr |
| 0.41 | PUTKY | United Tractors Tbk | PairCorr |
| 0.39 | AMZN | Amazon Inc | PairCorr |
| 0.37 | PHJMF | PT Hanjaya Mandala | PairCorr |
| 0.65 | LMND | Lemonade | PairCorr |
| 0.63 | AER | AerCap Holdings NV | PairCorr |
| 0.59 | TPB | Turning Point Brands | PairCorr |
| 0.43 | RIVN | Rivian Automotive Aggressive Push | PairCorr |
| 0.42 | VWAGY | Volkswagen AG 110 | PairCorr |
| 0.41 | HIRU | Hiru | PairCorr |
| 0.68 | NAUT | Nautilus Biotechnology | PairCorr |
| 0.66 | FTI | TechnipFMC PLC Sell-off Trend | PairCorr |
| 0.6 | DGWR | Critic Clothing | PairCorr |
| 0.58 | AAPL | Apple Inc | 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 Nextech OTC Stock performing well and Nextech Ar 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 Nextech Ar'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CINGF | 6.79 | (0.70) | 0.00 | (0.08) | 0.00 | 14.15 | 44.45 | |||
| DUBRF | 0.61 | (0.34) | 0.00 | (1.27) | 0.00 | 0.00 | 20.29 | |||
| DRKOF | 28.07 | 8.16 | 0.13 | 1.01 | 20.73 | 71.43 | 543.64 | |||
| CREAF | 2.41 | (0.17) | 0.00 | 0.30 | 0.00 | 7.32 | 27.67 | |||
| PAYD | 1.45 | 0.23 | 0.00 | 0.37 | 0.00 | 2.93 | 34.66 | |||
| FOBIF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BGRDF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LGLOF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MLBEF | 13.86 | 2.32 | 0.10 | 10.15 | 13.99 | 47.60 | 124.11 | |||
| IONI | 4.75 | (0.05) | 0.00 | 0.43 | 0.00 | 11.27 | 32.39 |
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Our tools can tell you how much better you can do entering a position in Nextech Ar 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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Nextech Ar Corporate Management
Elected by the shareholders, the Nextech Ar's board of directors comprises two types of representatives: Nextech Ar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nextech. The board's role is to monitor Nextech Ar's management team and ensure that shareholders' interests are well served. Nextech Ar's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nextech Ar's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Deta Constantine | Chief Officer | Profile | |
| Belinda Tyldesley | Corp Director | Profile | |
| Eugen Winschel | Chief Officer | Profile | |
| Mike Curridor | VP Sales | Profile | |
| James Barnett | VP Sales | Profile | |
| Felix Ritscher | Head Security | Profile | |
| Evan Gappelberg | CEO Founder | Profile |