Tecogen Correlations

TGEN Stock

USD 5.34 0.40 8.10%

The current 90-days correlation between Tecogen and Solid Power is 0.26 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tecogen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tecogen moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Tecogen Correlation With Market

Weak diversification

The correlation between Tecogen and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tecogen and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Tecogen OTC Stock

0.66

MSFT

Microsoft

Pair Corr

Moving against Tecogen OTC Stock

0.78	TRV	The Travelers Companies	Pair Corr
0.76	MRK	Merck Company	Pair Corr
0.64	DD	Dupont De Nemours	Pair Corr
0.61	AA	Alcoa Corp	Pair Corr
0.6	CSCO	Cisco Systems	Pair Corr
0.58	PFE	Pfizer Inc	Pair Corr
0.52	BAC	Bank of America	Pair Corr
0.49	WMT	Walmart Common Stock Aggressive Push	Pair Corr
0.46	VZ	Verizon Communications	Pair Corr
0.42	KO	Coca Cola	Pair Corr
0.31	CAT	Caterpillar	Pair Corr

Related Correlations Analysis

	AIRJ	SLDP	BNC	NL	ELVA	CVEO	RLGT	ACTG	FSTR	PKOH
AIRJ		0.66	0.48	0.56	0.38	-0.24	-0.63	-0.76	-0.22	-0.51	AIRJ
SLDP	0.66		0.21	0.39	-0.19	-0.46	-0.57	-0.49	-0.3	-0.52	SLDP
BNC	0.48	0.21		0.62	0.47	-0.28	-0.11	-0.36	-0.31	0.05	BNC
NL	0.56	0.39	0.62		0.35	0.02	-0.07	-0.34	0.06	0.12	NL
ELVA	0.38	-0.19	0.47	0.35		0.33	0.3	-0.08	0.34	0.31	ELVA
CVEO	-0.24	-0.46	-0.28	0.02	0.33		0.53	0.37	0.57	0.52	CVEO
RLGT	-0.63	-0.57	-0.11	-0.07	0.3	0.53		0.76	0.64	0.89	RLGT
ACTG	-0.76	-0.49	-0.36	-0.34	-0.08	0.37	0.76		0.44	0.62	ACTG
FSTR	-0.22	-0.3	-0.31	0.06	0.34	0.57	0.64	0.44		0.55	FSTR
PKOH	-0.51	-0.52	0.05	0.12	0.31	0.52	0.89	0.62	0.55		PKOH
	AIRJ	SLDP	BNC	NL	ELVA	CVEO	RLGT	ACTG	FSTR	PKOH

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

PKOH	+ 0.89	RLGT
ACTG	+ 0.76	RLGT
SLDP	+ 0.66	AIRJ
FSTR	+ 0.64	RLGT
NL	+ 0.62	BNC
PKOH	+ 0.62	ACTG

High negative correlations

ACTG	- 0.76	AIRJ
RLGT	- 0.63	AIRJ
RLGT	- 0.57	SLDP
PKOH	- 0.52	SLDP
PKOH	- 0.51	AIRJ
ACTG	- 0.49	SLDP

Risk-Adjusted Indicators

There is a big difference between Tecogen OTC Stock performing well and Tecogen OTC Stock 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 Tecogen'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
AIRJ	4.51	(0.42)	0.00	(0.06)	0.00	0.00	13.67	(8.01)	36.80
SLDP	5.37	(0.24)	(0.01)	0.00	6.57	(6.42)	9.41	(12.29)	72.11
BNC	4.48	(0.61)	0.00	(0.14)	0.00	0.00	9.58	(10.14)	30.74
NL	2.06	(0.18)	0.00	(0.09)	0.00	0.00	5.51	(3.51)	11.49
ELVA	3.56	0.20	0.09	0.12	3.47	(4.47)	6.91	(6.98)	33.61
CVEO	1.44	0.04	0.01	0.10	2.13	(1.53)	2.88	(2.15)	14.66
RLGT	1.14	0.01	0.01	0.07	1.44	(1.22)	2.44	(1.94)	8.55
ACTG	1.68	0.15	0.05	0.23	2.44	(1.61)	3.54	(3.39)	15.00
FSTR	1.61	(0.01)	(0.01)	0.05	1.70	(1.91)	3.69	(2.79)	10.80
PKOH	1.92	(0.06)	(0.01)	0.02	2.59	(2.03)	3.63	(3.66)	14.74

Be your own money manager

Our tools can tell you how much better you can do entering a position in Tecogen 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 Portfolio Suggestion Now

Portfolio Suggestion

Get suggestions outside of your existing asset allocation including your own model portfolios

All Next

Launch Module

Tecogen Corporate Management

Elected by the shareholders, the Tecogen's board of directors comprises two types of representatives: Tecogen inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tecogen. The board's role is to monitor Tecogen's management team and ensure that shareholders' interests are well served. Tecogen's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tecogen's outside directors are responsible for providing unbiased perspectives on the board's policies.

IV JD	G Sec	Profile
Robert Panora	Pres and Chief Operations Officer	Profile
Barbara Bernard	Managing Communications	Profile
Jeffrey Glick	VP Sales	Profile
Tristen Howell	Office Mang	Profile
Abinand Rangesh	Treasurer CFO	Profile
Roger Deschenes	Chief Treasurer	Profile

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