Quess Corp Correlations
| QUESS Stock | 651.60 3.55 0.55% |
The current 90-days correlation between Quess Corp Limited and Newgen Software Technologies is 0.21 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Quess Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quess Corp Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Quess |
The ability to find closely correlated positions to Quess Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quess Corp 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 Quess Corp - 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 Quess Corp Limited to buy it.
Moving together with Quess Stock
Moving against Quess Stock
| 0.82 | NSIL | Nalwa Sons Investments | PairCorr |
| 0.77 | JSWHL | JSW Holdings Limited | PairCorr |
| 0.63 | SUMMITSEC | Summit Securities | PairCorr |
| 0.62 | PILANIINVS | Pilani Investment | PairCorr |
| 0.62 | VHL | Vardhman Holdings | PairCorr |
| 0.46 | NBIFIN | N B I | PairCorr |
| 0.45 | KICL | Kalyani Investment | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | JPINFRATEC | ||
| 0.0 | 0.55 | 0.7 | 0.13 | 0.25 | 0.75 | 0.53 | ADROITINFO | ||
| 0.0 | 0.55 | 0.72 | 0.14 | 0.22 | 0.57 | 0.38 | PYRAMID | ||
| 0.0 | 0.7 | 0.72 | 0.23 | 0.48 | 0.91 | 0.48 | 63MOONS | ||
| 0.0 | 0.13 | 0.14 | 0.23 | 0.53 | 0.23 | -0.45 | NEWGEN | ||
| 0.0 | 0.25 | 0.22 | 0.48 | 0.53 | 0.45 | -0.06 | DHUNINV | ||
| 0.0 | 0.75 | 0.57 | 0.91 | 0.23 | 0.45 | 0.56 | IITL | ||
| 0.0 | 0.53 | 0.38 | 0.48 | -0.45 | -0.06 | 0.56 | ORIENTTECH | ||
| 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 Quess Stock performing well and Quess Corp 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 Quess Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JPINFRATEC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ADROITINFO | 3.22 | 0.37 | 0.10 | 0.53 | 3.24 | 10.00 | 30.00 | |||
| PYRAMID | 2.49 | 0.03 | 0.01 | 0.15 | 3.40 | 6.21 | 35.54 | |||
| 63MOONS | 3.30 | 0.91 | 0.24 | (11.18) | 2.67 | 8.37 | 18.53 | |||
| NEWGEN | 2.58 | 0.11 | 0.00 | 4.50 | 3.41 | 5.58 | 24.69 | |||
| DHUNINV | 3.37 | 0.80 | 0.17 | 3.31 | 3.43 | 8.37 | 28.26 | |||
| IITL | 1.61 | 0.75 | 0.36 | 2.67 | 1.08 | 4.50 | 7.71 | |||
| ORIENTTECH | 3.20 | 0.41 | 0.12 | 0.59 | 2.82 | 8.02 | 20.10 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Quess Corp 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?
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Quess Corp Corporate Management
Elected by the shareholders, the Quess Corp's board of directors comprises two types of representatives: Quess Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Quess. The board's role is to monitor Quess Corp's management team and ensure that shareholders' interests are well served. Quess Corp'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, Quess Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Narayanaswamy Vishwanath | Group Officer | Profile | |
| Joy Kurian | Group Officer | Profile | |
| Guruprasad Srinivasan | Group Director | Profile | |
| Sanju Ballurkar | Chief Infotech | Profile | |
| Vijay Sivaram | Recruitment Staffing | Profile | |
| Sekhar Garisa | Chief Devel | Profile |