TRON Correlations

TGRP Stock

USD 0.04 0.01 11.11%

The current 90-days correlation between TRON Group and Hammer Fiber Optics is 0.01 (i.e., Significant diversification). The correlation of TRON 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.

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

Moving together with TRON Pink Sheet

0.72

CMCSA

Comcast Corp

Pair Corr

Moving against TRON Pink Sheet

0.81	PTAIY	Astra International Tbk	Pair Corr
0.77	TLK	Telkom Indonesia Tbk	Pair Corr
0.66	PPERY	Bank Mandiri Persero	Pair Corr
0.6	PBCRF	PT Bank Central	Pair Corr
0.57	EC	Ecopetrol SA ADR	Pair Corr
0.4	PPERF	Bank Mandiri Persero	Pair Corr
0.78	KYOCF	Kyocera	Pair Corr
0.69	EOLS	Evolus Inc	Pair Corr
0.63	ADC	Agree Realty	Pair Corr
0.6	SMGKF	Smiths Group plc	Pair Corr
0.53	HIRU	Hiru	Pair Corr
0.52	KODK	Eastman Kodak	Pair Corr
0.47	AMD	Advanced Micro Devices Aggressive Push	Pair Corr
0.4	CALC	CalciMedica, Common Stock	Pair Corr
0.77	EGP	EastGroup Properties	Pair Corr
0.76	CSCO	Cisco Systems	Pair Corr
0.74	TGS	Transportadora de Gas	Pair Corr
0.74	TGI	Triumph Group	Pair Corr
0.66	LMND	Lemonade	Pair Corr
0.64	JNJ	Johnson Johnson	Pair Corr

Related Correlations Analysis

	HMMR	FULO	ENTEF	DTRL	SGRB	TGNT	PRSNF	HYPPF	PEGX	EGLXF
HMMR		0.08	-0.04	0.25	0.0	0.16	-0.07	0.66	0.0	0.42	HMMR
FULO	0.08		-0.23	0.17	0.0	-0.14	0.04	0.32	0.0	0.19	FULO
ENTEF	-0.04	-0.23		-0.05	0.0	0.55	0.63	-0.41	0.0	0.45	ENTEF
DTRL	0.25	0.17	-0.05		0.0	0.01	0.09	0.37	0.0	0.32	DTRL
SGRB	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	SGRB
TGNT	0.16	-0.14	0.55	0.01	0.0		0.64	0.0	0.0	0.54	TGNT
PRSNF	-0.07	0.04	0.63	0.09	0.0	0.64		-0.12	0.0	0.59	PRSNF
HYPPF	0.66	0.32	-0.41	0.37	0.0	0.0	-0.12		0.0	0.43	HYPPF
PEGX	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	PEGX
EGLXF	0.42	0.19	0.45	0.32	0.0	0.54	0.59	0.43	0.0		EGLXF
	HMMR	FULO	ENTEF	DTRL	SGRB	TGNT	PRSNF	HYPPF	PEGX	EGLXF

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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

HYPPF	+ 0.66	HMMR
PRSNF	+ 0.64	TGNT
PRSNF	+ 0.63	ENTEF
EGLXF	+ 0.59	PRSNF
TGNT	+ 0.55	ENTEF
EGLXF	+ 0.54	TGNT

High negative correlations

HYPPF	- 0.41	ENTEF
ENTEF	- 0.23	FULO
TGNT	- 0.14	FULO
HYPPF	- 0.12	PRSNF
PRSNF	- 0.07	HMMR
DTRL	- 0.05	ENTEF

Risk-Adjusted Indicators

There is a big difference between TRON Pink Sheet performing well and TRON 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 TRON'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
HMMR	7.36	0.72	0.04	0.50	8.97	(19.52)	15.38	(13.33)	95.18
FULO	1.34	(0.02)	0.00	(0.14)	0.00	0.00	5.26	(5.00)	19.13
ENTEF	7.81	0.91	0.10	(1.42)	7.16	(12.07)	20.00	(15.28)	89.08
DTRL	1.45	(0.03)	0.00	0.25	0.00	0.00	3.17	(4.14)	29.18
SGRB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
TGNT	8.72	0.29	0.03	0.20	9.59	(14.85)	31.03	(17.86)	69.78
PRSNF	4.45	0.52	0.02	(0.26)	6.51	(15.10)	16.11	(13.47)	75.85
HYPPF	46.84	17.54	0.00	0.43	0.00	0.00	0.00	0.00	1,567
PEGX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EGLXF	5.32	(0.67)	0.00	(0.20)	0.00	0.00	12.00	(11.54)	43.17

Be your own money manager

Our tools can tell you how much better you can do entering a position in TRON 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.

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TRON Corporate Management

Man Teh	Chief Officer	Profile
PengSoon Yap	Chief Officer	Profile
James Talton	President, CEO	Profile
Kian Teh	Sec	Profile

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