Questor Technology Correlations

QUTIF Stock

USD 0.28 0.04 16.67%

The current 90-days correlation between Questor Technology and Fuel Tech is 0.11 (i.e., Average diversification). 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.

Questor Technology Correlation With Market

Good diversification

The correlation between Questor Technology and DJI is -0.03 (i.e., Good 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.

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 Pink Sheet

0.69	OPHLF	Ono Pharmaceutical Upward Rally	Pair Corr
0.63	DSKYF	Daiichi Sankyo	Pair Corr

Moving against Questor Pink Sheet

0.72	HD	Home Depot	Pair Corr
0.71	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.65	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.64	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.6	DIS	Walt Disney	Pair Corr
0.58	HPQ	HP Inc	Pair Corr
0.56	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.54	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.53	WMT	Walmart Aggressive Push	Pair Corr
0.43	XOM	Exxon Mobil Corp Fiscal Year End 7th of February 2025	Pair Corr
0.42	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr

Related Correlations Analysis

	FSS	ERII	CECO	SCWO	COSLF	ZWS	MKUL	FTEK	ATMU
FSS		-0.27	0.83	-0.69	0.0	0.61	0.17	0.42	0.53	FSS
ERII	-0.27		-0.62	0.54	0.0	0.11	0.11	-0.26	0.08	ERII
CECO	0.83	-0.62		-0.71	0.0	0.44	0.09	0.44	0.38	CECO
SCWO	-0.69	0.54	-0.71		0.0	-0.57	-0.28	-0.36	-0.51	SCWO
COSLF	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	COSLF
ZWS	0.61	0.11	0.44	-0.57	0.0		0.74	0.42	0.94	ZWS
MKUL	0.17	0.11	0.09	-0.28	0.0	0.74		0.45	0.82	MKUL
FTEK	0.42	-0.26	0.44	-0.36	0.0	0.42	0.45		0.5	FTEK
ATMU	0.53	0.08	0.38	-0.51	0.0	0.94	0.82	0.5		ATMU
	FSS	ERII	CECO	SCWO	COSLF	ZWS	MKUL	FTEK	ATMU

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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

ATMU	+ 0.94	ZWS
CECO	+ 0.83	FSS
ATMU	+ 0.82	MKUL
MKUL	+ 0.74	ZWS
ZWS	+ 0.61	FSS
SCWO	+ 0.54	ERII

High negative correlations

SCWO	- 0.71	CECO
SCWO	- 0.69	FSS
CECO	- 0.62	ERII
ZWS	- 0.57	SCWO
ATMU	- 0.51	SCWO
FTEK	- 0.36	SCWO

Risk-Adjusted Indicators

There is a big difference between Questor Pink Sheet performing well and Questor Technology 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 Questor 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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FSS	1.16	0.06	0.06	0.16	1.65	(1.13)	2.61	(2.93)	8.93
ERII	1.89	0.15	0.03	0.31	4.03	(1.97)	4.14	(2.51)	27.67
CECO	2.22	0.22	0.10	0.22	2.93	(2.51)	4.73	(2.92)	18.98
SCWO	4.19	(0.54)	0.00	(0.10)	0.00	0.00	8.78	(7.23)	35.07
COSLF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ZWS	1.02	0.25	0.23	0.35	0.71	(1.18)	2.69	(1.78)	5.53
MKUL	5.20	0.42	0.12	0.26	5.02	(6.31)	12.15	(8.91)	36.49
FTEK	1.65	0.05	(0.01)	0.27	1.86	(2.47)	3.88	(3.70)	16.48
ATMU	1.22	0.18	0.12	0.29	1.20	(1.39)	3.12	(2.23)	11.04

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.

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