Thedirectory Correlations
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thedirectory moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ThedirectoryCom moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Thedirectory |
The ability to find closely correlated positions to Thedirectory could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thedirectory 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 Thedirectory - 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 ThedirectoryCom to buy it.
Moving together with Thedirectory Pink Sheet
| 0.64 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.75 | PFE | Pfizer Inc Aggressive Push | PairCorr |
Moving against Thedirectory Pink Sheet
| 0.85 | ALAB | Astera Labs, Common | PairCorr |
| 0.85 | ZM | Zoom Video Communications | PairCorr |
| 0.82 | DASH | DoorDash, Class A Sell-off Trend | PairCorr |
| 0.72 | GOOG | Alphabet Class C | PairCorr |
| 0.72 | CRWD | Crowdstrike Holdings | PairCorr |
| 0.52 | FMCB | Farmers Merchants Bancorp | PairCorr |
| 0.48 | FUWAF | Furukawa Electric | PairCorr |
| 0.4 | NPSNY | Naspers Ltd ADR Earnings Call This Week | PairCorr |
| 0.35 | META | Meta Platforms Aggressive Push | PairCorr |
| 0.87 | MRVL | Marvell Technology Earnings Call Tomorrow | PairCorr |
| 0.8 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.78 | WMT | Walmart Aggressive Push | PairCorr |
| 0.77 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.77 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.72 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.69 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.69 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.68 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.65 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.31 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
Related Correlations Analysis
| -0.07 | 0.51 | -0.54 | -0.43 | -0.43 | TRVG | ||
| -0.07 | -0.24 | 0.09 | 0.19 | 0.25 | YY | ||
| 0.51 | -0.24 | -0.04 | 0.07 | -0.15 | DOYU | ||
| -0.54 | 0.09 | -0.04 | 0.86 | 0.84 | TME | ||
| -0.43 | 0.19 | 0.07 | 0.86 | 0.79 | MOMO | ||
| -0.43 | 0.25 | -0.15 | 0.84 | 0.79 | ZH | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Thedirectory Pink Sheet performing well and Thedirectory 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 Thedirectory'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TRVG | 1.29 | (0.17) | 0.00 | 2.42 | 0.00 | 1.85 | 11.03 | |||
| YY | 1.54 | 0.00 | (0.04) | 0.11 | 2.01 | 3.61 | 12.11 | |||
| DOYU | 4.18 | (0.87) | 0.00 | (0.17) | 0.00 | 7.28 | 53.61 | |||
| TME | 2.42 | 0.09 | 0.02 | 0.23 | 2.47 | 5.81 | 21.86 | |||
| MOMO | 2.10 | (0.04) | 0.00 | 0.26 | 0.00 | 3.99 | 15.29 | |||
| ZH | 3.04 | 0.18 | 0.06 | 0.26 | 3.10 | 6.49 | 23.67 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Thedirectory 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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