Safe Fertility Correlations

SAFE Stock

9.30 0.05 0.54%

The current 90-days correlation between Safe Fertility Group and DOHOME is 0.14 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Safe Fertility moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Safe Fertility Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Safe Fertility Correlation With Market

Modest diversification

The correlation between Safe Fertility Group and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Safe Fertility Group and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Safe Stock

0.91	DELTA	Delta Electronics Public	Pair Corr
0.69	AOT-R	Airports of Thailand	Pair Corr
0.86	AOT	Airports of Thailand	Pair Corr

Moving against Safe Stock

0.66	DELTA-R	Delta Electronics Public	Pair Corr
0.35	NEP	NEP Realty	Pair Corr

Related Correlations Analysis

	DOHOME-R	GENCO	TMD	WARRIX	FMT	BOFFICE	CSR	AMC
DOHOME-R		0.87	-0.56	0.32	0.53	0.87	-0.45	0.62	DOHOME-R
GENCO	0.87		-0.7	0.48	0.67	0.76	-0.31	0.67	GENCO
TMD	-0.56	-0.7		-0.14	-0.61	-0.46	-0.11	-0.29	TMD
WARRIX	0.32	0.48	-0.14		0.39	0.41	-0.16	0.49	WARRIX
FMT	0.53	0.67	-0.61	0.39		0.33	0.2	0.19	FMT
BOFFICE	0.87	0.76	-0.46	0.41	0.33		-0.54	0.73	BOFFICE
CSR	-0.45	-0.31	-0.11	-0.16	0.2	-0.54		-0.73	CSR
AMC	0.62	0.67	-0.29	0.49	0.19	0.73	-0.73		AMC
	DOHOME-R	GENCO	TMD	WARRIX	FMT	BOFFICE	CSR	AMC

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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

GENCO	+ 0.87	DOHOME-R
BOFFICE	+ 0.87	DOHOME-R
BOFFICE	+ 0.76	GENCO
AMC	+ 0.73	BOFFICE
FMT	+ 0.67	GENCO
AMC	+ 0.67	GENCO

High negative correlations

AMC	- 0.73	CSR
TMD	- 0.7	GENCO
FMT	- 0.61	TMD
TMD	- 0.56	DOHOME-R
CSR	- 0.54	BOFFICE
BOFFICE	- 0.46	TMD

Risk-Adjusted Indicators

There is a big difference between Safe Stock performing well and Safe Fertility 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 Safe Fertility'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
DOHOME-R	2.91	(0.64)	0.00	(0.45)	0.00	0.00	5.52	(7.25)	24.33
GENCO	1.86	(0.78)	0.00	0.73	0.00	0.00	2.50	(4.88)	21.05
TMD	0.62	0.04	0.09	(0.73)	0.79	(0.94)	1.63	(1.62)	4.85
WARRIX	1.70	(0.04)	0.00	(0.16)	0.00	0.00	3.98	(2.82)	14.64
FMT	1.29	(0.13)	0.00	(0.61)	0.00	0.00	2.29	(3.77)	9.76
BOFFICE	0.45	(0.05)	0.00	(0.35)	0.00	0.00	0.99	(0.98)	4.86
CSR	0.29	0.06	0.00	(0.80)	0.00	0.00	0.60	0.00	7.66
AMC	1.57	(0.64)	0.00	0.67	0.00	0.00	2.08	(4.17)	22.46

Safe Fertility Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Safe Fertility stock to make a market-neutral strategy. Peer analysis of Safe Fertility could also be used in its relative valuation, which is a method of valuing Safe Fertility by comparing valuation metrics with similar companies.

DOHOME General Environmental Conservation Thai Metal Drum Warrix Sport PCL Fine Metal Technologies Bhiraj Office Leasehold City Sports and Asia Metal Public American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup SentinelOne CVS Health Corp

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