Rockpoint Gas Correlations
| RGSI Stock | 28.80 0.43 1.52% |
The current 90-days correlation between Rockpoint Gas Storage and Superior Plus Corp is 0.2 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rockpoint Gas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rockpoint Gas Storage moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Rockpoint Gas Correlation With Market
Weak diversification
The correlation between Rockpoint Gas Storage and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rockpoint Gas Storage and DJI in the same portfolio, assuming nothing else is changed.
Rockpoint |
The ability to find closely correlated positions to Rockpoint Gas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rockpoint Gas 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 Rockpoint Gas - 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 Rockpoint Gas Storage to buy it.
Moving together with Rockpoint Stock
| 0.63 | GOOG | Alphabet CDR | PairCorr |
| 0.63 | GOOG | Alphabet CDR | PairCorr |
| 0.75 | NWC | North West | PairCorr |
| 0.68 | HSTR | Heliostar Metals | PairCorr |
| 0.76 | WAST | Waste Management, | PairCorr |
Moving against Rockpoint Stock
| 0.61 | NVDA | NVIDIA CDR | PairCorr |
| 0.61 | NVDA | Nvidia CDR | PairCorr |
| 0.61 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.61 | MSFT | Microsoft CDR | PairCorr |
| 0.6 | NFLX | Netflix Inc CDR | PairCorr |
| 0.48 | AMZN | Amazon CDR Earnings Call Today | PairCorr |
| 0.57 | CSTR | CryptoStar Corp | PairCorr |
| 0.46 | SC-H | Serrano Resources | 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 Rockpoint Stock performing well and Rockpoint Gas 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 Rockpoint Gas' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SPB | 1.31 | (0.13) | 0.00 | (0.13) | 0.00 | 2.66 | 21.98 | |||
| BLX | 1.43 | (0.13) | 0.00 | (0.34) | 0.00 | 2.01 | 7.74 | |||
| EVGN | 3.51 | (0.19) | 0.00 | 2.60 | 0.00 | 8.70 | 24.72 | |||
| ACO-X | 0.72 | 0.20 | 0.17 | (1.04) | 0.62 | 1.56 | 4.78 | |||
| BIPC | 1.09 | 0.12 | 0.09 | 0.21 | 1.06 | 2.46 | 7.62 | |||
| MXG | 1.16 | (0.09) | 0.00 | (0.35) | 0.00 | 1.86 | 7.68 | |||
| WEB | 1.41 | (0.40) | 0.00 | (5.04) | 0.00 | 3.18 | 8.47 | |||
| LCFS | 2.15 | 0.09 | 0.01 | (0.28) | 2.71 | 4.88 | 16.61 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Rockpoint Gas 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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Rockpoint Gas Corporate Management
Elected by the shareholders, the Rockpoint Gas' board of directors comprises two types of representatives: Rockpoint Gas inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rockpoint. The board's role is to monitor Rockpoint Gas' management team and ensure that shareholders' interests are well served. Rockpoint Gas' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rockpoint Gas' outside directors are responsible for providing unbiased perspectives on the board's policies.
| James Bartlett | General Secretary | Profile | |
| Hardip Kalar | Senior Analytics | Profile | |
| Jon Syrnyk | Chief Officer | Profile | |
| Scott Aycock | Senior Operations | Profile | |
| Sheri Doell | Senior Operations | Profile |