Sonasoft Corp Correlations

Summary

SSFTDelisted Stock

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The current 90-days correlation between Sonasoft Corp and American Virtual Cloud is 0.04 (i.e., Significant diversification). The correlation of Sonasoft Corp 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.

Sonasoft Corp Correlation With Market

Good diversification

The correlation between Sonasoft Corp and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sonasoft Corp and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Sonasoft 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 Sonasoft 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 Sonasoft 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 Sonasoft Corp to buy it.

Moving together with Sonasoft Pink Sheet

0.86	CGEMY	Capgemini SE ADR	Pair Corr
0.85	PPERF	Bank Mandiri Persero	Pair Corr
0.87	PPERY	Bank Mandiri Persero	Pair Corr
0.75	BKRKF	PT Bank Rakyat	Pair Corr
0.87	BKRKY	Bank Rakyat	Pair Corr
0.67	PBCRY	Bank Central Asia	Pair Corr
0.61	PTBRY	Bank Negara Indonesia	Pair Corr
0.69	SHG	Shinhan Financial	Pair Corr
0.69	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.86	PFE	Pfizer Inc Aggressive Push	Pair Corr

Moving against Sonasoft Pink Sheet

0.95	PLTR	Palantir Technologies Aggressive Push	Pair Corr
0.87	WIT	Wipro Limited ADR	Pair Corr
0.7	IT	Gartner	Pair Corr
0.66	CTSH	Cognizant Technology Sell-off Trend	Pair Corr
0.51	KB	KB Financial Group	Pair Corr
0.48	FIS	Fidelity National Sell-off Trend	Pair Corr
0.47	ACN	Accenture plc	Pair Corr
0.33	FISV	Fiserv Inc	Pair Corr
0.93	NFLX	Netflix Fiscal Year End 28th of January 2025	Pair Corr
0.93	BAC	Bank of America Aggressive Push	Pair Corr
0.89	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.88	DIS	Walt Disney Sell-off Trend	Pair Corr
0.87	WMT	Walmart Aggressive Push	Pair Corr
0.87	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.87	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.83	FDS	FactSet Research Systems	Pair Corr
0.81	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.81	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.77	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.69	HPQ	HP Inc	Pair Corr
0.62	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.47	CIADY	China Mengniu Dairy	Pair Corr
0.32	GARPF	Golden Agri Resources	Pair Corr

Related Correlations Analysis

	XALL	GDVM	HWNI	ALYI	AVCWQ	JFU	GTCH	APXYY	USIO	CSYJF
XALL		0.75	0.37	-0.25	0.44	0.24	0.12	-0.72	-0.12	0.21	XALL
GDVM	0.75		0.42	-0.28	0.56	0.39	0.07	-0.6	-0.05	0.27	GDVM
HWNI	0.37	0.42		-0.13	0.17	0.45	0.08	-0.25	-0.16	-0.05	HWNI
ALYI	-0.25	-0.28	-0.13		-0.49	0.27	-0.03	0.53	-0.29	-0.3	ALYI
AVCWQ	0.44	0.56	0.17	-0.49		-0.02	0.13	-0.79	0.5	0.64	AVCWQ
JFU	0.24	0.39	0.45	0.27	-0.02		0.08	0.07	-0.43	-0.1	JFU
GTCH	0.12	0.07	0.08	-0.03	0.13	0.08		-0.13	-0.07	0.09	GTCH
APXYY	-0.72	-0.6	-0.25	0.53	-0.79	0.07	-0.13		-0.31	-0.6	APXYY
USIO	-0.12	-0.05	-0.16	-0.29	0.5	-0.43	-0.07	-0.31		0.63	USIO
CSYJF	0.21	0.27	-0.05	-0.3	0.64	-0.1	0.09	-0.6	0.63		CSYJF
	XALL	GDVM	HWNI	ALYI	AVCWQ	JFU	GTCH	APXYY	USIO	CSYJF

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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

GDVM	+ 0.75	XALL
CSYJF	+ 0.64	AVCWQ
CSYJF	+ 0.63	USIO
AVCWQ	+ 0.56	GDVM
APXYY	+ 0.53	ALYI
USIO	+ 0.5	AVCWQ

High negative correlations

APXYY	- 0.79	AVCWQ
APXYY	- 0.72	XALL
CSYJF	- 0.6	APXYY
APXYY	- 0.6	GDVM
AVCWQ	- 0.49	ALYI
USIO	- 0.43	JFU

Risk-Adjusted Indicators

There is a big difference between Sonasoft Pink Sheet performing well and Sonasoft 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 Sonasoft 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
XALL	6.63	(0.57)	0.00	(2.21)	0.00	0.00	20.00	(16.67)	48.57
GDVM	5.48	(0.50)	0.00	3.97	0.00	0.00	13.28	(12.20)	44.56
HWNI	6.44	1.59	0.28	8.12	4.44	(10.06)	12.47	(9.50)	24.79
ALYI	13.78	2.74	0.19	0.89	9.21	(38.13)	25.00	(16.67)	282.22
AVCWQ	52.56	20.10	0.50	(2.95)	30.87	(75.60)	231.67	(67.57)	640.51
JFU	6.51	(0.06)	0.01	0.09	7.69	(8.46)	12.73	(12.15)	99.77
GTCH	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
APXYY	5.95	1.20	0.09	(8.84)	6.43	(13.48)	13.89	(11.69)	104.52
USIO	1.68	0.03	(0.02)	0.22	1.84	(2.29)	4.17	(3.55)	9.99
CSYJF	0.67	(0.07)	0.00	0.37	0.00	0.00	0.00	0.00	22.22

Sonasoft Corp 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 Sonasoft Corp pink sheet to make a market-neutral strategy. Peer analysis of Sonasoft Corp could also be used in its relative valuation, which is a method of valuing Sonasoft Corp by comparing valuation metrics with similar companies.

Xalles Holdings Global Develpmts High Wire Networks Alternet Systems American Virtual Cloud 9F Inc GBT Technologies Appen Limited Usio Inc CSE Global Limited Direct Communication Solutions Soluna Holdings Preferred Capgemini SE POSaBIT Systems Corp American Airlines Group

Risk & Return

Correlation

Sonasoft Corp Corporate Management

Max Lee	VP Architect	Profile
Robert Baumert	Chief Officer	Profile
Paul Clauson	COO Director	Profile
Rajiv Kaushik	VP Product	Profile
Caroline Zaborowski	Chief Officer	Profile
Josh Rose	Chief Staff	Profile

Still Interested in Sonasoft Corp?

Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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