Rank Group Correlations

RANKF Stock

USD 1.00 0.00 0.00%

The current 90-days correlation between Rank Group and Hf Foods Group is -0.48 (i.e., Very good diversification). The correlation of Rank Group 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.

Rank Group Correlation With Market

Good diversification

The correlation between The Rank Group and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Rank Group and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Rank Pink Sheet

0.65	LNW	Light Wonder	Pair Corr
0.45	EVVTY	Evolution Gaming	Pair Corr
0.44	EVGGF	Evolution AB	Pair Corr
0.34	AFFL	Affiliated Resources Corp	Pair Corr
0.52	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Related Correlations Analysis

	HFFG	SNDL	APAM	FDUS	AMP	BK	BRID
HFFG		0.0	0.57	0.43	0.56	0.59	-0.12	HFFG
SNDL	0.0		-0.18	-0.39	-0.17	-0.05	-0.26	SNDL
APAM	0.57	-0.18		0.74	0.96	0.94	-0.35	APAM
FDUS	0.43	-0.39	0.74		0.72	0.67	-0.08	FDUS
AMP	0.56	-0.17	0.96	0.72		0.96	-0.4	AMP
BK	0.59	-0.05	0.94	0.67	0.96		-0.48	BK
BRID	-0.12	-0.26	-0.35	-0.08	-0.4	-0.48		BRID
	HFFG	SNDL	APAM	FDUS	AMP	BK	BRID

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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

AMP	+ 0.96	APAM
BK	+ 0.96	AMP
BK	+ 0.94	APAM
FDUS	+ 0.74	APAM
AMP	+ 0.72	FDUS
BK	+ 0.67	FDUS

High negative correlations

BRID	- 0.48	BK
BRID	- 0.4	AMP
FDUS	- 0.39	SNDL
BRID	- 0.35	APAM
BRID	- 0.26	SNDL
APAM	- 0.18	SNDL

Risk-Adjusted Indicators

There is a big difference between Rank Pink Sheet performing well and Rank Group 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 Rank Group'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
HFFG	2.70	(0.08)	0.03	0.09	3.42	(3.11)	5.57	(5.23)	20.83
SNDL	1.94	0.09	(0.02)	(0.14)	3.01	(2.19)	3.86	(3.62)	24.46
APAM	1.31	0.05	0.08	0.16	1.67	(1.37)	2.52	(2.47)	12.25
FDUS	0.54	0.08	0.00	0.38	0.43	(0.60)	1.20	(0.92)	3.15
AMP	0.97	0.20	0.23	0.25	0.70	(1.15)	2.18	(1.66)	13.90
BK	0.81	0.20	0.20	0.37	0.49	(0.96)	2.10	(1.32)	4.87
BRID	2.11	(0.47)	0.00	(1.01)	0.00	0.00	4.07	(4.87)	24.74

Be your own money manager

Our tools can tell you how much better you can do entering a position in Rank Group 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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Rank Group Corporate Management

Hazel Boyle	Chief Officer	Profile
Jim Marsh	Chief Officer	Profile
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Aaron OSullivan	Head Digital	Profile
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Richard Harris	CFO Director	Profile

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