Pitanium Correlations
| PTNM Stock | 10.39 0.00 0.00% |
The current 90-days correlation between Pitanium and Solesence, Common Stock is 0.15 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pitanium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pitanium moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Pitanium Correlation With Market
Significant diversification
The correlation between Pitanium and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pitanium and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Pitanium Stock
Moving against Pitanium Stock
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
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Risk-Adjusted Indicators
There is a big difference between Pitanium Stock performing well and Pitanium 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 Pitanium'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EWCZ | 2.49 | (0.29) | 0.00 | (0.07) | 0.00 | 4.47 | 20.29 | |||
| SLSN | 4.55 | (0.77) | 0.00 | (0.86) | 0.00 | 6.76 | 58.77 | |||
| TWG | 9.29 | 2.34 | 0.15 | (1.12) | 11.10 | 8.89 | 338.96 | |||
| SKIN | 3.29 | (0.72) | 0.00 | (0.27) | 0.00 | 6.52 | 19.17 | |||
| ACU | 1.23 | (0.06) | 0.00 | (0.02) | 0.00 | 3.81 | 7.53 | |||
| NATR | 2.35 | 0.44 | 0.19 | 0.48 | 1.95 | 3.45 | 35.13 | |||
| LMNR | 1.22 | (0.16) | 0.00 | (0.15) | 0.00 | 2.47 | 5.86 | |||
| AFRI | 1.89 | 0.29 | 0.11 | (3.14) | 1.95 | 5.13 | 10.71 | |||
| EPSM | 12.61 | (2.17) | 0.00 | (0.40) | 0.00 | 30.22 | 119.55 | |||
| ALCO | 1.24 | 0.06 | 0.03 | 0.13 | 1.57 | 3.31 | 8.25 |
Pitanium Corporate Executives
Elected by the shareholders, the Pitanium's board of directors comprises two types of representatives: Pitanium inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pitanium. The board's role is to monitor Pitanium's management team and ensure that shareholders' interests are well served. Pitanium'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, Pitanium's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Yuen Young | CoFounder Chairwoman | Profile |