JMD Properties Correlations

SLDX Stock

USD 0.01 0.00 0.00%

The current 90-days correlation between JMD Properties and Cann Group Limited is -0.02 (i.e., Good diversification). The correlation of JMD Properties 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.

JMD Properties Correlation With Market

Pay attention - limited upside

The correlation between JMD Properties and DJI is -0.81 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding JMD Properties and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with JMD Pink Sheet

0.62	IDXX	IDEXX Laboratories	Pair Corr
0.67	PBCRF	PT Bank Central	Pair Corr
0.79	PBCRY	Bank Central Asia	Pair Corr

Moving against JMD Pink Sheet

0.73	WUXAY	WuXi AppTec	Pair Corr
0.67	BKRKY	Bank Rakyat Normal Trading	Pair Corr
0.64	KB	KB Financial Group	Pair Corr
0.62	SHG	Shinhan Financial	Pair Corr
0.52	WUXIF	WuXi AppTec	Pair Corr
0.49	LZAGY	Lonza Group AG	Pair Corr
0.48	LZAGF	Lonza Group	Pair Corr
0.85	CET	Central Securities	Pair Corr
0.83	KGC	Kinross Gold Aggressive Push	Pair Corr
0.82	JPM-PD	JPMorgan Chase	Pair Corr
0.78	EE	Excelerate Energy Earnings Call This Week	Pair Corr
0.76	BCPC	Balchem	Pair Corr
0.75	MT	ArcelorMittal SA ADR	Pair Corr
0.73	MDDVF	Medical Developments	Pair Corr
0.73	OMAB	Grupo Aeroportuario del	Pair Corr
0.67	JBLU	JetBlue Airways Corp	Pair Corr
0.65	STLD	Steel Dynamics	Pair Corr
0.64	FGBIP	First Guaranty Bancshares	Pair Corr
0.61	WF	Woori Financial Group	Pair Corr
0.61	PSA-PJ	Public Storage	Pair Corr
0.4	NPXYY	Nippon Sanso Holdings	Pair Corr
0.31	KJFI	Comjoyful International	Pair Corr
0.85	ELTLF	Elementos Limited	Pair Corr
0.82	WGO	Winnebago Industries	Pair Corr
0.8	PNC	PNC Financial Services	Pair Corr
0.78	GOLD	Gold Inc Symbol Change	Pair Corr

Related Correlations Analysis

	RNVA	TDSGF	STHZF	IDXG	RVVTF	TNRG	IRME	DOGP	TBRIF	CNGGF
RNVA		0.0	0.0	0.0	0.0	1.0	0.0	0.0	0.0	0.0	RNVA
TDSGF	0.0		0.29	-0.35	-0.2	0.0	0.31	-0.2	-0.15	-0.07	TDSGF
STHZF	0.0	0.29		0.4	-0.45	0.0	-0.26	-0.11	0.08	-0.47	STHZF
IDXG	0.0	-0.35	0.4		-0.07	0.0	-0.85	-0.13	0.22	-0.45	IDXG
RVVTF	0.0	-0.2	-0.45	-0.07		0.0	0.05	0.16	-0.43	-0.07	RVVTF
TNRG	1.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	TNRG
IRME	0.0	0.31	-0.26	-0.85	0.05	0.0		0.34	-0.25	0.28	IRME
DOGP	0.0	-0.2	-0.11	-0.13	0.16	0.0	0.34		0.1	0.13	DOGP
TBRIF	0.0	-0.15	0.08	0.22	-0.43	0.0	-0.25	0.1		0.49	TBRIF
CNGGF	0.0	-0.07	-0.47	-0.45	-0.07	0.0	0.28	0.13	0.49		CNGGF
	RNVA	TDSGF	STHZF	IDXG	RVVTF	TNRG	IRME	DOGP	TBRIF	CNGGF

Please upgrade your account to get full access to Macroaxis premium features

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

TNRG	+ 1.0	RNVA
CNGGF	+ 0.49	TBRIF
IDXG	+ 0.4	STHZF
DOGP	+ 0.34	IRME
IRME	+ 0.31	TDSGF
STHZF	+ 0.29	TDSGF

High negative correlations

IRME	- 0.85	IDXG
CNGGF	- 0.47	STHZF
CNGGF	- 0.45	IDXG
RVVTF	- 0.45	STHZF
TBRIF	- 0.43	RVVTF
IDXG	- 0.35	TDSGF

Risk-Adjusted Indicators

There is a big difference between JMD Pink Sheet performing well and JMD Properties 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 JMD Properties' 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
RNVA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
TDSGF	3.84	0.18	0.01	0.62	6.23	(10.79)	15.63	(13.51)	48.57
STHZF	53.02	23.13	0.00	1.40	0.00	0.00	0.00	0.00	990.00
IDXG	5.97	1.86	0.20	(0.43)	5.25	(8.74)	15.79	(10.45)	54.19
RVVTF	11.26	1.21	0.06	33.00	11.05	(20.78)	31.82	(22.22)	93.33
TNRG	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IRME	11.41	1.85	0.03	(0.36)	17.44	(43.27)	24.75	(28.33)	277.74
DOGP	5.51	(0.14)	0.00	(0.26)	0.00	0.00	11.04	(15.23)	42.62
TBRIF	5.50	(0.30)	0.00	0.04	9.18	(15.29)	17.14	(22.22)	75.16
CNGGF	2.63	(1.19)	0.00	(0.76)	0.00	0.00	0.00	(1.59)	67.50

Be your own money manager

Our tools can tell you how much better you can do entering a position in JMD Properties 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?

Run Money Flow Index Now

Money Flow Index

Determine momentum by analyzing Money Flow Index and other technical indicators

All Next

Launch Module

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC