Snoogoo Corp Correlations
| SGOO Stock | USD 0.0001 0.00 0.00% |
The current 90-days correlation between Snoogoo Corp and Green Planet Bio is 0.01 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Snoogoo Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Snoogoo Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Snoogoo Corp Correlation With Market
Good diversification
The correlation between Snoogoo Corp and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Snoogoo Corp and DJI in the same portfolio, assuming nothing else is changed.
Snoogoo |
The ability to find closely correlated positions to Snoogoo Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Snoogoo Corp 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 Snoogoo Corp - 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 Snoogoo Corp to buy it.
Moving against Snoogoo Pink Sheet
| 0.62 | HD | Home Depot | PairCorr |
| 0.56 | GSHN | Gushen Inc | PairCorr |
| 0.56 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.53 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.53 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.51 | IBM | International Business Sell-off Trend | PairCorr |
| 0.5 | SYM | Symbotic | PairCorr |
| 0.5 | AMZN | Amazon Inc Aggressive Push | PairCorr |
| 0.48 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.46 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.45 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.44 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.42 | WMT | Walmart Aggressive Push | PairCorr |
| 0.41 | LION | Lionsgate Studios Corp | PairCorr |
| 0.4 | ACN | Accenture plc | PairCorr |
| 0.4 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.35 | HNHPF | Hon Hai Precision | PairCorr |
| 0.32 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.32 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
Related Correlations Analysis
| 0.09 | -0.15 | 0.28 | 0.0 | -0.29 | CBBB | ||
| 0.09 | 0.28 | 0.47 | 0.0 | 0.42 | GPLB | ||
| -0.15 | 0.28 | 0.24 | 0.0 | 0.69 | GAQ | ||
| 0.28 | 0.47 | 0.24 | 0.0 | 0.24 | AZRH | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | OPUS | ||
| -0.29 | 0.42 | 0.69 | 0.24 | 0.0 | FORL | ||
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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 Snoogoo Pink Sheet performing well and Snoogoo Corp 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 Snoogoo Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CBBB | 2,859 | 1,466 | 0.00 | 15.55 | 0.00 | 0.00 | 52,500 | |||
| GPLB | 2.33 | 0.36 | 0.00 | (22.72) | 0.00 | 8.00 | 50.93 | |||
| GAQ | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 1.16 | |||
| AZRH | 459.37 | 232.32 | 9.08 | 3.22 | 24.99 | 60.65 | 15,445 | |||
| OPUS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FORL | 0.04 | (0.01) | (0.56) | 2.24 | 0.03 | 0.09 | 0.90 |
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Snoogoo Corp Corporate Management
| Robert Seaman | VP of Operations | Profile | |
| Martin Nason | Interim Director | Profile | |
| Leonard Braumberger | Chief Officer | Profile | |
| Robert Egeland | President | Profile | |
| Mindi Osborn | Chief Officer | Profile |