Pricer AB Correlations

PCRBF Stock

USD 0.53 0.15 39.47%

The current 90-days correlation between Pricer AB and Roadrunner Transportation Systems is -0.12 (i.e., Good diversification). The correlation of Pricer AB 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.

Pricer AB Correlation With Market

Good diversification

The correlation between Pricer AB and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pricer AB and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Pricer AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pricer AB 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 Pricer AB - 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 Pricer AB to buy it.

Moving together with Pricer Pink Sheet

0.63	BKRKY	Bank Rakyat	Pair Corr
0.62	AUHIF	Advance United Holdings	Pair Corr

Moving against Pricer Pink Sheet

0.53	PPERF	Bank Mandiri Persero	Pair Corr
0.52	PPERY	Bank Mandiri Persero	Pair Corr
0.5	KNCAY	Konica Minolta	Pair Corr
0.46	AAL	American Airlines Earnings Call This Week	Pair Corr
0.76	ZYME	Zymeworks Common Stock	Pair Corr
0.61	FCAP	First Capital	Pair Corr
0.53	PHI	PLDT Inc ADR	Pair Corr
0.5	KAEPY	Kansai Electric Power Earnings Call This Week	Pair Corr
0.5	IDYA	Ideaya Biosciences	Pair Corr
0.49	FSLY	Fastly Class A	Pair Corr
0.49	MNHVF	Mowi ASA	Pair Corr
0.46	AIZ	Assurant	Pair Corr
0.39	C	Citigroup	Pair Corr
0.39	KEYS	Keysight Technologies	Pair Corr
0.32	FIVE	Five Below	Pair Corr
0.32	HLT	Hilton Worldwide Holdings	Pair Corr

Related Correlations Analysis

	RRTS	ONMBF	HPURF	PGWFF	KMNCF	RSKIA	FLCX	BURCA	ICBT	WTLLF
RRTS		0.0	-0.74	0.0	-0.64	0.31	0.0	-0.31	0.0	0.23	RRTS
ONMBF	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	ONMBF
HPURF	-0.74	0.0		0.0	0.77	-0.35	0.0	0.1	0.0	-0.58	HPURF
PGWFF	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	PGWFF
KMNCF	-0.64	0.0	0.77	0.0		-0.54	0.0	0.11	0.0	-0.47	KMNCF
RSKIA	0.31	0.0	-0.35	0.0	-0.54		0.0	-0.26	0.0	0.23	RSKIA
FLCX	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	FLCX
BURCA	-0.31	0.0	0.1	0.0	0.11	-0.26	0.0		0.0	0.03	BURCA
ICBT	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	ICBT
WTLLF	0.23	0.0	-0.58	0.0	-0.47	0.23	0.0	0.03	0.0		WTLLF
	RRTS	ONMBF	HPURF	PGWFF	KMNCF	RSKIA	FLCX	BURCA	ICBT	WTLLF

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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

KMNCF	+ 0.77	HPURF
RSKIA	+ 0.31	RRTS
WTLLF	+ 0.23	RRTS
WTLLF	+ 0.23	RSKIA
BURCA	+ 0.11	KMNCF
BURCA	+ 0.1	HPURF

High negative correlations

HPURF	- 0.74	RRTS
KMNCF	- 0.64	RRTS
WTLLF	- 0.58	HPURF
RSKIA	- 0.54	KMNCF
WTLLF	- 0.47	KMNCF
RSKIA	- 0.35	HPURF

Risk-Adjusted Indicators

There is a big difference between Pricer Pink Sheet performing well and Pricer AB 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 Pricer AB'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
RRTS	3.08	0.01	0.01	0.07	3.64	(5.48)	9.82	(7.58)	26.86
ONMBF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HPURF	1.28	(0.50)	0.00	1.31	0.00	0.00	0.00	0.00	27.78
PGWFF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
KMNCF	0.31	(0.18)	0.00	(1.02)	0.00	0.00	0.00	0.00	10.26
RSKIA	0.75	0.00	(0.03)	(0.37)	1.22	(1.56)	3.37	(3.53)	7.44
FLCX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BURCA	1.16	0.05	0.01	0.19	1.57	(1.22)	2.36	(2.85)	8.49
ICBT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
WTLLF	2.32	0.39	0.05	(0.65)	2.78	(6.75)	7.69	(4.88)	29.30

Be your own money manager

Our tools can tell you how much better you can do entering a position in Pricer AB 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.

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Pricer AB Corporate Management

Chris Chalkitis	Chief Officer	Profile
Philippe Goas	Head Group	Profile
Mats Arnehall	Head Europe	Profile
Susanna Zethelius	Chief Officer	Profile
Pierre Salagnac	MEA APAC	Profile
Charles RadissonJackson	Head Region	Profile

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