Oracle CDR Correlations
| ORAC Stock | 9.92 0.08 0.81% |
The current 90-days correlation between Oracle CDR and Palantir CDR is 0.46 (i.e., Very weak diversification). The correlation of Oracle CDR 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.
Oracle CDR Correlation With Market
Good diversification
The correlation between Oracle CDR and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oracle CDR and DJI in the same portfolio, assuming nothing else is changed.
Oracle |
The ability to find closely correlated positions to Oracle CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oracle CDR 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 Oracle CDR - 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 Oracle CDR to buy it.
Moving together with Oracle Stock
| 0.85 | MSFT | Microsoft CDR | PairCorr |
| 0.77 | PANW | PALO ALTO NETWORKS | PairCorr |
| 0.94 | VERS | VERSES AI | PairCorr |
| 0.85 | DELX | DelphX Capital Markets | PairCorr |
Moving against Oracle Stock
| 0.95 | POW | Power | PairCorr |
| 0.91 | PRM | Big Pharma Split | PairCorr |
| 0.9 | MAXQ | Maritime Launch Services | PairCorr |
| 0.78 | AX-UN | Artis Real Estate | PairCorr |
| 0.75 | KEC | Kiwetinohk Energy Corp | PairCorr |
| 0.74 | PD | Precision Drilling | PairCorr |
| 0.74 | GRID | Tantalus Systems Holding | PairCorr |
| 0.71 | VAU | Viva Gold Corp | PairCorr |
| 0.68 | GS | GOLDMAN SACHS CDR | PairCorr |
| 0.66 | DRT | DIRTT Environmental | PairCorr |
| 0.65 | FTU-PB | US Financial 15 | PairCorr |
| 0.64 | YES | CHAR Technologies | PairCorr |
| 0.58 | EOG | Eco Atlantic Oil | PairCorr |
| 0.53 | CGNT | Copper Giant Resources | PairCorr |
| 0.53 | QNC | Quantum Numbers | PairCorr |
| 0.51 | CN | Condor Resources | PairCorr |
| 0.42 | BAMI | Blue Ant Media | PairCorr |
| 0.4 | PGDC | Patagonia Gold Corp | PairCorr |
| 0.34 | CLCO | Culico Metals | PairCorr |
| 0.94 | SAP | Saputo Inc | PairCorr |
| 0.88 | IGM | IGM Financial | PairCorr |
| 0.85 | GMG | Graphene Manufacturing | PairCorr |
| 0.82 | NPTH | NeuPath Health | PairCorr |
| 0.81 | SFI | Solution Financial | PairCorr |
| 0.81 | WPK | Winpak | PairCorr |
| 0.81 | TD | Toronto Dominion Bank | PairCorr |
| 0.79 | FFN | North American Financial | PairCorr |
| 0.78 | STRR | Star Royalties | 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 Oracle Stock performing well and Oracle CDR 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 Oracle CDR'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MSFT | 0.90 | (0.11) | 0.00 | (0.14) | 0.00 | 1.79 | 5.24 | |||
| ORAC | 2.46 | (0.67) | 0.00 | 14.08 | 0.00 | 3.56 | 15.46 | |||
| PLTR | 2.28 | 0.06 | 0.01 | 0.15 | 3.52 | 4.76 | 15.55 | |||
| ADBE | 1.26 | (0.07) | 0.00 | (0.10) | 0.00 | 2.92 | 10.31 | |||
| PANW | 1.27 | (0.15) | 0.00 | (0.39) | 0.00 | 2.08 | 10.65 | |||
| CRWD | 1.54 | (0.03) | 0.00 | 0.47 | 0.00 | 3.28 | 9.00 | |||
| BTQ | 8.46 | 0.42 | 0.03 | (0.42) | 9.41 | 23.73 | 71.91 | |||
| VERS | 3.52 | (1.25) | 0.00 | (5.04) | 0.00 | 6.14 | 25.32 | |||
| NBVA | 7.71 | 1.29 | 0.12 | (0.49) | 6.70 | 14.29 | 106.75 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Oracle CDR 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 Balance Of Power Now
Balance Of PowerCheck stock momentum by analyzing Balance Of Power indicator and other technical ratios |
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Oracle CDR Corporate Management
Elected by the shareholders, the Oracle CDR's board of directors comprises two types of representatives: Oracle CDR inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Oracle. The board's role is to monitor Oracle CDR's management team and ensure that shareholders' interests are well served. Oracle CDR'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, Oracle CDR's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jae Evans | Global VP | Profile | |
| Andrew Morawski | Executive Communications | Profile | |
| Douglas Kehring | Executive operations | Profile | |
| Stuart Levey | Executive Officer | Profile | |
| Ken Bond | Senior Relations | Profile |