Reliv International Correlations
| RELV Stock | USD 2.25 0.00 0.00% |
The current 90-days correlation between Reliv International and Pangea Natural Foods is 0.13 (i.e., Average diversification). The correlation of Reliv International 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.
Reliv International Correlation With Market
Pay attention - limited upside
The correlation between Reliv International and DJI is -0.75 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Reliv International and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Reliv International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Reliv International 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 Reliv International - 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 Reliv International to buy it.
Moving together with Reliv Pink Sheet
Moving against Reliv Pink Sheet
| 0.84 | TATT | Tat Techno | PairCorr |
| 0.8 | FRFFF | Fairfax Financial | PairCorr |
| 0.78 | GAYMF | Galway Metals | PairCorr |
| 0.77 | BNEFF | Bonterra Energy Corp | PairCorr |
| 0.73 | BLAGF | Blue Lagoon Resources | PairCorr |
| 0.7 | SLSR | Solaris Resources | PairCorr |
| 0.7 | MEEEF | Metal Energy Corp | PairCorr |
| 0.61 | CYD | China Yuchai Interna | PairCorr |
| 0.56 | JOE | St Joe Company | PairCorr |
| 0.54 | DUK-PA | Duke Energy | PairCorr |
| 0.53 | AES | AES Aggressive Push | PairCorr |
| 0.53 | INTC | Intel | PairCorr |
| 0.48 | NTZ | Natuzzi SpA | PairCorr |
| 0.46 | LRDC | Laredo Oil | PairCorr |
| 0.44 | GRBK | Green Brick Partners | PairCorr |
| 0.38 | PNRG | PrimeEnergy | PairCorr |
| 0.34 | ONON | On Holding | PairCorr |
| 0.34 | BBDO | Banco Bradesco SA | PairCorr |
| 0.32 | NWTG | Newton Golf Symbol Change | PairCorr |
| 0.8 | GS | Goldman Sachs Group | PairCorr |
| 0.79 | YLLXF | Yellow Cake plc Downward Rally | PairCorr |
| 0.78 | USPH | US Physicalrapy | PairCorr |
| 0.76 | TORO | Toro | PairCorr |
| 0.75 | UMAC | Unusual Machines | PairCorr |
| 0.74 | TOGOF | TomaGold | PairCorr |
| 0.67 | FRSB | First Resource Bank | PairCorr |
| 0.62 | CGECF | Cogeco Inc | PairCorr |
| 0.6 | BFS | Saul Centers | PairCorr |
| 0.6 | CAMZF | Camino Minerals | PairCorr |
| 0.54 | MTGRF | Mount Gibson Iron Earnings Call Tomorrow | PairCorr |
| 0.46 | EXAS | EXACT Sciences | PairCorr |
| 0.43 | LAND | Gladstone Land | PairCorr |
| 0.41 | NNBR | NN Inc | PairCorr |
| 0.4 | MEGI | MainStay CBRE Global Normal Trading | PairCorr |
Related Correlations Analysis
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 Reliv Pink Sheet performing well and Reliv International 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 Reliv International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PNGAF | 5.06 | (0.32) | 0.00 | 0.22 | 0.00 | 12.50 | 52.14 | |||
| PSYCF | 8.83 | 0.55 | 0.04 | 0.40 | 8.88 | 25.00 | 75.97 | |||
| TOFB | 2.36 | 0.24 | 0.02 | (0.24) | 3.27 | 9.59 | 25.73 | |||
| VPRB | 10.45 | 1.00 | 0.04 | (0.25) | 12.84 | 29.41 | 125.99 | |||
| GLUC | 8.39 | 1.78 | 0.16 | 3.08 | 7.92 | 21.43 | 95.26 | |||
| FLWBF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CEUMF | 0.35 | 0.15 | 0.00 | 0.54 | 0.00 | 0.00 | 11.61 | |||
| CLGOF | 4.06 | (0.26) | 0.00 | (0.21) | 0.00 | 16.00 | 87.42 | |||
| EWLU | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AIXN | 6.00 | 2.21 | 0.00 | (0.71) | 0.00 | 0.00 | 264.58 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Reliv International 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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Reliv International Corporate Management
| CPA CPA | VP CFO | Profile | |
| Debra Bernardoni | VP COO | Profile | |
| Susan Stone | Managing Pacific | Profile | |
| Donald Gibbons | VP Sales | Profile | |
| Alfredo Galvez | Chief Advisor | Profile |