Quisitive Technology Correlations

QUISF Stock  USD 0.25  0.01  4.17%   
The current 90-days correlation between Quisitive Technology and Two Hands Corp is -0.06 (i.e., Good diversification). The correlation of Quisitive 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.

Quisitive Technology Correlation With Market

Significant diversification

The correlation between Quisitive Technology Solutions and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quisitive Technology Solutions and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Quisitive 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 Quisitive 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 Quisitive 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 Quisitive Technology Solutions to buy it.

Moving against Quisitive OTC Stock

  0.41DIS Walt Disney Aggressive PushPairCorr

Related Correlations Analysis

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   
VGIDTTCM
TPTWTWOH
TTCMTWOH
VGIDTWOH
TTCMVISM
VGIDVISM
  
High negative correlations   
VISMTWOH
TPTWVISM
TPTWVGID
TPTWTTCM
VGIDVISM
TTCMVISM

Risk-Adjusted Indicators

There is a big difference between Quisitive OTC Stock performing well and Quisitive Technology 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 Quisitive Technology'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Quisitive 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 Equity Valuation Now

   

Equity Valuation

Check real value of public entities based on technical and fundamental data
All  Next Launch Module

Quisitive Technology Corporate Management

Elected by the shareholders, the Quisitive Technology's board of directors comprises two types of representatives: Quisitive Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Quisitive. The board's role is to monitor Quisitive Technology's management team and ensure that shareholders' interests are well served. Quisitive 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, Quisitive Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.