Quantgate Systems Correlations

QGSI Stock

USD 0.02 0 7.14%

The current 90-days correlation between Quantgate Systems and Ackroo Inc is -0.1 (i.e., Good diversification). The correlation of Quantgate Systems 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.

Quantgate Systems Correlation With Market

Good diversification

The correlation between Quantgate Systems and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quantgate Systems and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Quantgate OTC Stock

0.65	NOW	ServiceNow Fiscal Year End 22nd of January 2025	Pair Corr
0.61	SHOP	Shopify	Pair Corr
0.68	APP	Applovin Corp	Pair Corr
0.69	MSTR	MicroStrategy Incorporated	Pair Corr
0.63	CDNS	Cadence Design Systems	Pair Corr
0.67	PLTR	Palantir Technologies Aggressive Push	Pair Corr
0.67	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.62	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.67	BAC	Bank of America Aggressive Push	Pair Corr

Moving against Quantgate OTC Stock

0.68	SHG	Shinhan Financial	Pair Corr
0.68	TLK	Telkom Indonesia Tbk	Pair Corr
0.67	HYMTF	Hyundai Motor	Pair Corr
0.59	TCHH	Trustcash Holdings	Pair Corr
0.53	EC	Ecopetrol SA ADR Sell-off Trend	Pair Corr
0.35	UBER	Uber Technologies Aggressive Push	Pair Corr
0.35	WF	Woori Financial Group	Pair Corr
0.69	KO	Coca Cola Aggressive Push	Pair Corr
0.65	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.61	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.45	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr
0.32	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr

Related Correlations Analysis

	AKRFF	AECX	IDXAF	NOGNW	AIFS	IGEN	ASTA	ONCI	JZZI	BCNN
AKRFF		-0.02	-0.1	0.1	-0.34	-0.04	0.13	-0.14	0.39	0.27	AKRFF
AECX	-0.02		0.24	-0.42	0.18	-0.12	-0.46	-0.18	-0.16	-0.31	AECX
IDXAF	-0.1	0.24		-0.62	0.07	-0.04	-0.63	-0.06	-0.03	-0.4	IDXAF
NOGNW	0.1	-0.42	-0.62		-0.42	-0.08	0.71	0.27	0.07	0.37	NOGNW
AIFS	-0.34	0.18	0.07	-0.42		0.12	-0.32	-0.2	-0.02	-0.47	AIFS
IGEN	-0.04	-0.12	-0.04	-0.08	0.12		0.05	-0.02	0.11	0.05	IGEN
ASTA	0.13	-0.46	-0.63	0.71	-0.32	0.05		0.02	0.33	0.4	ASTA
ONCI	-0.14	-0.18	-0.06	0.27	-0.2	-0.02	0.02		-0.34	-0.02	ONCI
JZZI	0.39	-0.16	-0.03	0.07	-0.02	0.11	0.33	-0.34		0.23	JZZI
BCNN	0.27	-0.31	-0.4	0.37	-0.47	0.05	0.4	-0.02	0.23		BCNN
	AKRFF	AECX	IDXAF	NOGNW	AIFS	IGEN	ASTA	ONCI	JZZI	BCNN

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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

ASTA	+ 0.71	NOGNW
BCNN	+ 0.4	ASTA
JZZI	+ 0.39	AKRFF
BCNN	+ 0.37	NOGNW
JZZI	+ 0.33	ASTA
BCNN	+ 0.27	AKRFF

High negative correlations

ASTA	- 0.63	IDXAF
NOGNW	- 0.62	IDXAF
BCNN	- 0.47	AIFS
ASTA	- 0.46	AECX
AIFS	- 0.42	NOGNW
NOGNW	- 0.42	AECX

Risk-Adjusted Indicators

There is a big difference between Quantgate OTC Stock performing well and Quantgate Systems OTC Stock 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 Quantgate Systems' 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
AKRFF	1.05	0.22	0.00	(0.07)	0.00	0.00	2.38	0.00	26.01
AECX	12.45	3.32	0.06	(1.10)	13.28	(61.67)	66.67	(43.48)	150.00
IDXAF	3.36	2.13	0.00	(0.50)	0.00	0.00	0.00	0.00	112.50
NOGNW	8.43	0.01	0.00	0.14	12.29	(8.85)	29.75	(23.21)	69.97
AIFS	3.78	0.52	0.03	0.61	5.60	(13.13)	22.34	(9.00)	51.28
IGEN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ASTA	11.26	(1.22)	0.00	(0.43)	0.00	0.00	25.00	(25.00)	73.33
ONCI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
JZZI	12.94	2.08	0.07	(0.69)	12.42	(34.62)	33.33	(25.00)	100.00
BCNN	6.17	(0.19)	0.00	(0.05)	0.00	0.00	22.86	(15.56)	67.64

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Our tools can tell you how much better you can do entering a position in Quantgate Systems 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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Quantgate Systems Corporate Management

Elected by the shareholders, the Quantgate Systems' board of directors comprises two types of representatives: Quantgate Systems inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Quantgate. The board's role is to monitor Quantgate Systems' management team and ensure that shareholders' interests are well served. Quantgate Systems' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Quantgate Systems' outside directors are responsible for providing unbiased perspectives on the board's policies.

Govin Misir	CEO Director	Profile
Leonardo CFA	MD Director	Profile
Alex Bogdan	Chief Advisor	Profile
Ilan Yosef	CTO Director	Profile
Sebastien Moreau	Director Sales	Profile

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