Questor Technology Correlations
| QST Stock | CAD 0.28 0.01 3.70% |
The correlation of Questor Technology 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Questor Technology Correlation With Market
Modest diversification
The correlation between Questor Technology and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Questor Technology and DJI in the same portfolio, assuming nothing else is changed.
Questor |
The ability to find closely correlated positions to Questor Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Questor Technology 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 Questor Technology - 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 Questor Technology to buy it.
Moving together with Questor Stock
Moving against Questor Stock
| 0.68 | DOL | Dollarama | PairCorr |
| 0.6 | APM | Andean Precious Metals | PairCorr |
| 0.56 | SMD | Strategic Metals | PairCorr |
| 0.49 | PPL | Pembina Pipeline Corp | PairCorr |
| 0.48 | ERC | Eros Resources Corp | PairCorr |
| 0.46 | SM | Sierra Madre Gold | PairCorr |
| 0.32 | VCU | Vizsla Copper Corp | PairCorr |
Related Correlations Analysis
Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Questor Technology 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.Did you try this?
Run Pair Correlation Now
Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments |
| All Next | Launch Module |
Questor Technology Corporate Executives
Elected by the shareholders, the Questor Technology's board of directors comprises two types of representatives: Questor Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Questor. The board's role is to monitor Questor Technology's management team and ensure that shareholders' interests are well served. Questor Technology'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, Questor Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.