Stemsation International Correlations
| STSN Stock | USD 0 0.0002 5.71% |
The current 90-days correlation between Stemsation International and Groove Botanicals is 0.01 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Stemsation International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stemsation International moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Stemsation International Correlation With Market
Pay attention - limited upside
The correlation between Stemsation International and DJI is -0.71 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Stemsation International and DJI in the same portfolio, assuming nothing else is changed.
Stemsation |
The ability to find closely correlated positions to Stemsation International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stemsation International 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 Stemsation International - 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 Stemsation International to buy it.
Moving against Stemsation Pink Sheet
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| 0.77 | TEVA | Teva Pharma Industries | PairCorr |
| 0.76 | TEVA | Teva Pharmaceutical | PairCorr |
| 0.7 | MKKGY | Merck KGaA ADR | PairCorr |
| 0.67 | MKGAF | MERCK Kommanditgesells | PairCorr |
| 0.57 | HYMTF | Hyundai Motor | PairCorr |
| 0.5 | TAK | Takeda Pharmaceutical | PairCorr |
| 0.42 | TKPHF | Takeda Pharmaceutical | PairCorr |
| 0.4 | BRK-B | Berkshire Hathaway Earnings Call This Week | PairCorr |
| 0.64 | BNEFF | Bonterra Energy Corp | PairCorr |
| 0.63 | ONON | On Holding | PairCorr |
| 0.61 | FRSB | First Resource Bank | PairCorr |
| 0.59 | TATT | Tat Techno | PairCorr |
| 0.59 | YLLXF | Yellow Cake plc | PairCorr |
| 0.46 | CGECF | Cogeco Inc | PairCorr |
| 0.43 | TOGOF | TomaGold | PairCorr |
| 0.41 | DUK-PA | Duke Energy | PairCorr |
| 0.36 | NPPXF | Nippon Telegraph Tel | PairCorr |
| 0.82 | GS | Goldman Sachs Group | PairCorr |
| 0.73 | LRDC | Laredo Oil | PairCorr |
| 0.71 | NWTG | Newton Golf Symbol Change | PairCorr |
| 0.67 | EXAS | EXACT Sciences | PairCorr |
| 0.61 | PNRG | PrimeEnergy | PairCorr |
| 0.5 | SLSR | Solaris Resources | PairCorr |
| 0.47 | INTC | Intel | PairCorr |
| 0.35 | CYD | China Yuchai Interna Earnings Call This Week | PairCorr |
Related Correlations Analysis
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
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Risk-Adjusted Indicators
There is a big difference between Stemsation Pink Sheet performing well and Stemsation International 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 Stemsation International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SNNC | 14.71 | 1.75 | 0.07 | (1.78) | 16.75 | 45.30 | 219.65 | |||
| CSTF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GRVE | 9.48 | 2.26 | 0.08 | 0.31 | 10.07 | 40.23 | 229.89 | |||
| LVTTF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GEATF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CNNXF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ERBB | 15.70 | 2.79 | 0.08 | (0.77) | 14.88 | 50.00 | 83.33 | |||
| GBHPF | 10.56 | 1.93 | 0.04 | 0.96 | 13.74 | 7.84 | 171.70 | |||
| MGWFF | 67.29 | 30.46 | 0.54 | (1.68) | 22.17 | 400.00 | 773.67 | |||
| SKYI | 517.75 | 266.09 | 4.40 | 2.84 | 48.91 | 205.56 | 10,434 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Stemsation International 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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Stemsation International Corporate Management
| Nicholas Panza | Sec | Profile | |
| Svetlana Nedkovska | Managing Europe | Profile | |
| Ray Carter | CEO Founder | Profile | |
| Mira Gadzala | Chief Officer | Profile |