Now Corp Correlations
| NWPN Stock | USD 0.0001 0.00 0.00% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Now Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Now Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Now Corp Correlation With Market
Good diversification
The correlation between Now Corp and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Now Corp and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Now Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Now Corp 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 Now Corp - 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 Now Corp to buy it.
Related Correlations Analysis
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Our tools can tell you how much better you can do entering a position in Now Corp 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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Now Corp Corporate Management
| Thomas Hartnett | VP Officer | Profile | |
| Keith Fred | VP Operations | Profile | |
| Ken Williams | CEO MD | Profile | |
| Brian Martin | Chief Officer | Profile | |
| Jeff Martin | Chief Officer | Profile | |
| Juan Salazar | Chief Officer | Profile | |
| Peter Matousek | Pres Director | Profile |