PF Industries Correlations
| PFINDelisted Stock | USD 7.16 0.05 0.70% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PF Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PF Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
PF Industries Correlation With Market
Significant diversification
The correlation between PF Industries and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PF Industries and DJI in the same portfolio, assuming nothing else is changed.
PFIN |
Moving together with PFIN Stock
| 0.78 | HPQ | HP Inc | PairCorr |
| 0.8 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.61 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.73 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.85 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.91 | HD | Home Depot | PairCorr |
| 0.85 | T | ATT Inc Aggressive Push | PairCorr |
| 0.9 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.88 | WMT | Walmart Aggressive Push | PairCorr |
| 0.75 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.7 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
| 0.87 | CSCO | Cisco Systems | PairCorr |
Moving against PFIN Stock
| 0.88 | NNAX | New Momentum | PairCorr |
| 0.85 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.77 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.63 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.56 | AAGH | America Great Health | PairCorr |
| 0.54 | AMIX | Autonomix Medical, Common Trending | PairCorr |
| 0.53 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.35 | PG | Procter Gamble | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 PFIN Stock performing well and PF Industries 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 PF Industries' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KMT | 1.45 | (0.03) | 0.08 | 0.09 | 1.49 | 2.76 | 23.53 | |||
| HLMN | 1.33 | 0.11 | 0.11 | 0.18 | 1.22 | 3.36 | 7.63 | |||
| SCX | 2.52 | 0.28 | 0.07 | 1.36 | 2.93 | 6.74 | 16.39 | |||
| SKFRY | 1.55 | 0.00 | 0.00 | 0.10 | 0.00 | 2.72 | 11.40 | |||
| MKTAY | 1.59 | 0.65 | 0.23 | (1.98) | 1.58 | 3.83 | 11.43 | |||
| EML | 1.72 | (0.13) | 0.00 | (0.09) | 0.00 | 4.10 | 12.25 | |||
| SCXLB | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TTNDY | 1.39 | 0.08 | (0.02) | (0.56) | 1.93 | 3.31 | 11.77 | |||
| MKEWF | 0.53 | 0.00 | 0.00 | 0.10 | 0.00 | 0.00 | 23.89 | |||
| HSQVY | 1.53 | (0.32) | 0.00 | (2.26) | 0.00 | 2.83 | 9.44 |
PF Industries Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PF Industries stock to make a market-neutral strategy. Peer analysis of PF Industries could also be used in its relative valuation, which is a method of valuing PF Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PF Industries Corporate Executives
Elected by the shareholders, the PF Industries' board of directors comprises two types of representatives: PF Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PFIN. The board's role is to monitor PF Industries' management team and ensure that shareholders' interests are well served. PF Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PF Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Joseph Molino | COO, CFO, Principal Accounting Officer, VP, Treasurer and Secretary | Profile |
Still Interested in PF Industries?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.