Personas Social Correlations
| PRSNF Stock | USD 1.94 0.00 0.00% |
The current 90-days correlation between Personas Social and SportsHero Limited is -0.01 (i.e., Good diversification). The correlation of Personas Social 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.
Personas Social Correlation With Market
Good diversification
The correlation between Personas Social 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 Personas Social and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Personas Social could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Personas Social 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 Personas Social - 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 Personas Social to buy it.
Moving together with Personas Pink Sheet
Moving against Personas Pink Sheet
| 0.6 | RDDT | Reddit, | PairCorr |
| 0.58 | GOOG | Alphabet Class C Sell-off Trend | PairCorr |
| 0.44 | F | Ford Motor | PairCorr |
| 0.74 | DDS | Dillards, | PairCorr |
| 0.66 | RIVN | Rivian Automotive Sell-off Trend | PairCorr |
| 0.65 | IDN | Intellicheck Mobilisa | PairCorr |
| 0.63 | KODK | Eastman Kodak | PairCorr |
| 0.62 | GSVRF | Guanajuato Silver | PairCorr |
| 0.62 | PHAR | Pharming Group NV | PairCorr |
| 0.55 | AKAM | Akamai Technologies | PairCorr |
| 0.55 | GM | General Motors | PairCorr |
| 0.46 | INFY | Infosys Ltd ADR | PairCorr |
| 0.46 | AVTBF | Avant Brands | PairCorr |
| 0.45 | APGE | Apogee Therapeutics, | PairCorr |
| 0.36 | NOEM | CO2 Energy Transition | PairCorr |
| 0.57 | ULTA | Ulta Beauty | PairCorr |
| 0.56 | BAC | Bank of America | PairCorr |
| 0.53 | HL | Hecla Mining | PairCorr |
| 0.51 | CSCO | Cisco Systems | 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 Personas Pink Sheet performing well and Personas Social 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 Personas Social'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HYPPF | 46.84 | 17.54 | 0.00 | 0.43 | 0.00 | 0.00 | 1,567 | |||
| TGNT | 8.72 | 0.29 | 0.03 | 0.20 | 9.59 | 31.03 | 69.78 | |||
| EGLXF | 5.32 | (0.67) | 0.00 | (0.20) | 0.00 | 12.00 | 43.17 | |||
| NIROF | 1.78 | 0.90 | 0.00 | 7.27 | 0.00 | 0.00 | 40.45 | |||
| BMTM | 7.22 | (0.50) | 0.00 | 0.19 | 0.00 | 15.69 | 99.36 | |||
| HMMR | 7.36 | 0.72 | 0.04 | 0.50 | 8.97 | 15.38 | 95.18 | |||
| SFUNY | 2.57 | (0.22) | 0.00 | (0.11) | 0.00 | 0.70 | 75.76 | |||
| ENTEF | 7.81 | 0.91 | 0.10 | (1.42) | 7.16 | 20.00 | 89.08 | |||
| PEGX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MVNC | 12.59 | 2.55 | 0.13 | (1.50) | 12.13 | 43.18 | 104.39 |
Be your own money manager
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Personas Social Corporate Management
| Mark Itwaru | Pres Chairman | Profile | |
| William Lavin | CFO Director | Profile | |
| Ariane Young | Co Sec | Profile | |
| David Vinokurov | Director Relations | Profile |