Topicus Correlations

TOITF Stock

USD 69.11 1.60 2.26%

The current 90-days correlation between Topicus and Trend Micro is -0.04 (i.e., Good diversification). The correlation of Topicus 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.

Topicus Correlation With Market

Excellent diversification

The correlation between Topicus and DJI is -0.52 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Topicus and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Topicus Pink Sheet

0.85	MSFT	Microsoft	Pair Corr
0.76	ORCL	Oracle	Pair Corr
0.74	PLTR	Palantir Technologies	Pair Corr
0.82	ADBE	Adobe Systems Sell-off Trend	Pair Corr
0.72	CRWD	Crowdstrike Holdings	Pair Corr
0.81	HOOD	Robinhood Markets	Pair Corr

Moving against Topicus Pink Sheet

0.88	ENS	Enersys Earnings Call This Week	Pair Corr
0.8	OBYCF	Obayashi Earnings Call This Week	Pair Corr
0.76	RILYL	B Riley Financial	Pair Corr
0.7	SECVY	Seche Environnement	Pair Corr
0.67	NFG	National Fuel Gas	Pair Corr
0.56	FIBK	First Interstate Ban Normal Trading	Pair Corr
0.53	BNKHF	BOC Hong Kong	Pair Corr
0.52	BIMT	Bitmis Corp	Pair Corr

Related Correlations Analysis

	NEXPF	TMICF	TMICY	NEXXY	ISMAF	OTGLF	NCSYF	MNBEF	SQNNY	OSUKF
NEXPF		0.38	0.47	0.48	-0.35	-0.61	0.11	-0.02	0.43	0.0	NEXPF
TMICF	0.38		0.75	0.34	-0.71	-0.46	-0.01	-0.64	0.37	0.0	TMICF
TMICY	0.47	0.75		0.35	-0.55	-0.6	0.37	-0.47	0.45	0.0	TMICY
NEXXY	0.48	0.34	0.35		-0.44	-0.07	0.51	-0.31	0.31	0.0	NEXXY
ISMAF	-0.35	-0.71	-0.55	-0.44		0.46	-0.02	0.81	-0.51	0.0	ISMAF
OTGLF	-0.61	-0.46	-0.6	-0.07	0.46		0.11	0.26	-0.33	0.0	OTGLF
NCSYF	0.11	-0.01	0.37	0.51	-0.02	0.11		0.02	0.26	0.0	NCSYF
MNBEF	-0.02	-0.64	-0.47	-0.31	0.81	0.26	0.02		-0.33	0.0	MNBEF
SQNNY	0.43	0.37	0.45	0.31	-0.51	-0.33	0.26	-0.33		0.0	SQNNY
OSUKF	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		OSUKF
	NEXPF	TMICF	TMICY	NEXXY	ISMAF	OTGLF	NCSYF	MNBEF	SQNNY	OSUKF

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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

MNBEF	+ 0.81	ISMAF
TMICY	+ 0.75	TMICF
NCSYF	+ 0.51	NEXXY
NEXXY	+ 0.48	NEXPF
TMICY	+ 0.47	NEXPF
OTGLF	+ 0.46	ISMAF

High negative correlations

ISMAF	- 0.71	TMICF
MNBEF	- 0.64	TMICF
OTGLF	- 0.61	NEXPF
OTGLF	- 0.6	TMICY
ISMAF	- 0.55	TMICY
SQNNY	- 0.51	ISMAF

Risk-Adjusted Indicators

There is a big difference between Topicus Pink Sheet performing well and Topicus 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 Topicus' 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
NEXPF	0.82	(0.43)	0.00	(28.19)	0.00	0.00	0.00	0.00	27.62
TMICF	0.41	(0.17)	0.00	(0.94)	0.00	0.00	0.00	0.00	13.58
TMICY	1.22	(0.52)	0.00	(1.43)	0.00	0.00	1.67	(2.83)	12.51
NEXXY	1.43	(0.35)	0.00	(1.72)	0.00	0.00	3.60	(4.39)	8.19
ISMAF	0.57	0.05	0.00	(0.07)	0.00	0.00	0.00	0.00	26.18
OTGLF	0.61	0.07	0.00	(0.14)	0.00	0.00	3.50	0.00	11.68
NCSYF	1.28	(0.30)	0.00	(0.97)	0.00	0.00	0.00	(6.85)	20.55
MNBEF	4.94	(1.23)	0.00	1.93	0.00	0.00	4.00	(13.18)	53.63
SQNNY	3.15	0.13	0.02	0.27	3.96	(7.57)	11.25	(7.40)	29.71
OSUKF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Be your own money manager

Our tools can tell you how much better you can do entering a position in Topicus 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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Topicus Corporate Management

Robin Poelje	Chairman CEO	Profile
Han Knooren	Director Public	Profile
Jamal Baksh	CFO Member	Profile
Daan Dijkhuizen	Director Group	Profile
Mark Leonard	Director Inc	Profile
Ramon Zanders	Total Officer	Profile
Paul Noordeman	Director Group	Profile

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