PowerBand Solutions Correlations
| PBX Stock | CAD 0.13 0.01 7.14% |
The correlation of PowerBand Solutions 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.
PowerBand |
The ability to find closely correlated positions to PowerBand Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PowerBand Solutions 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 PowerBand Solutions - 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 PowerBand Solutions to buy it.
Moving together with PowerBand Stock
Moving against PowerBand Stock
| 0.57 | DELX | DelphX Capital Markets Earnings Call This Week | PairCorr |
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Our tools can tell you how much better you can do entering a position in PowerBand Solutions 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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PowerBand Solutions Corporate Executives
Elected by the shareholders, the PowerBand Solutions' board of directors comprises two types of representatives: PowerBand Solutions inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PowerBand. The board's role is to monitor PowerBand Solutions' management team and ensure that shareholders' interests are well served. PowerBand Solutions' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PowerBand Solutions' outside directors are responsible for providing unbiased perspectives on the board's policies.