Visium Technologies Correlations

VISM Stock

USD 0 0.0001 6.25%

The current 90-days correlation between Visium Technologies and Fuse Science is -0.05 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Visium Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Visium Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Visium Technologies Correlation With Market

Good diversification

The correlation between Visium Technologies and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Visium Technologies and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Visium Pink Sheet

0.64	BKRKY	Bank Rakyat	Pair Corr
0.64	PPERY	Bank Mandiri Persero	Pair Corr
0.72	PPERF	Bank Mandiri Persero	Pair Corr
0.75	PBCRY	Bank Central Asia	Pair Corr
0.64	PBCRF	PT Bank Central	Pair Corr

Moving against Visium Pink Sheet

0.69	HOOD	Robinhood Markets Earnings Call This Week	Pair Corr
0.61	PLTR	Palantir Technologies Trending	Pair Corr
0.59	CRWD	Crowdstrike Holdings	Pair Corr
0.73	FMCC	Federal Home Loan Earnings Call This Week	Pair Corr
0.66	EC	Ecopetrol SA ADR	Pair Corr
0.66	KTOS	Kratos Defense Security Earnings Call This Week	Pair Corr
0.62	517834AH0	US517834AH06	Pair Corr
0.61	PTVE	Pactiv Evergreen	Pair Corr
0.6	V	Visa Class A	Pair Corr
0.58	HSEEF	Hill Street Beverage	Pair Corr
0.57	DAN	Dana Inc	Pair Corr
0.55	GFAI	Guardforce AI	Pair Corr
0.48	NFLX	Netflix	Pair Corr
0.4	OPT	Opthea	Pair Corr
0.36	GEVO	Gevo Inc Buyout Trend	Pair Corr
0.34	DIS	Walt Disney	Pair Corr
0.32	QD	Qudian Inc	Pair Corr

Related Correlations Analysis

	DROP	SEII	ATDS	SMME	TAOP	FUAPF	SKKY	TONR	ZENV
DROP		0.0	0.15	-0.16	0.43	-0.27	0.26	0.22	-0.33	DROP
SEII	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	SEII
ATDS	0.15	0.0		-0.13	0.57	0.24	-0.31	0.61	-0.65	ATDS
SMME	-0.16	0.0	-0.13		0.05	0.02	-0.22	-0.11	0.35	SMME
TAOP	0.43	0.0	0.57	0.05		-0.02	-0.43	0.35	-0.43	TAOP
FUAPF	-0.27	0.0	0.24	0.02	-0.02		-0.32	-0.07	0.06	FUAPF
SKKY	0.26	0.0	-0.31	-0.22	-0.43	-0.32		0.11	-0.08	SKKY
TONR	0.22	0.0	0.61	-0.11	0.35	-0.07	0.11		-0.76	TONR
ZENV	-0.33	0.0	-0.65	0.35	-0.43	0.06	-0.08	-0.76		ZENV
	DROP	SEII	ATDS	SMME	TAOP	FUAPF	SKKY	TONR	ZENV

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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

TONR	+ 0.61	ATDS
TAOP	+ 0.57	ATDS
TAOP	+ 0.43	DROP
ZENV	+ 0.35	SMME
TONR	+ 0.35	TAOP
SKKY	+ 0.26	DROP

High negative correlations

ZENV	- 0.76	TONR
ZENV	- 0.65	ATDS
ZENV	- 0.43	TAOP
SKKY	- 0.43	TAOP
ZENV	- 0.33	DROP
SKKY	- 0.32	FUAPF

Risk-Adjusted Indicators

There is a big difference between Visium Pink Sheet performing well and Visium Technologies 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 Visium Technologies' 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
DROP	12.98	1.50	0.06	(0.31)	13.71	(21.57)	36.54	(26.00)	136.00
SEII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ATDS	21.93	3.18	0.12	1.03	20.94	(34.86)	66.67	(40.00)	257.75
SMME	1.49	(0.84)	0.00	(0.97)	0.00	0.00	0.00	0.00	50.00
TAOP	3.34	(0.55)	0.00	1.52	0.00	0.00	5.41	(7.50)	42.41
FUAPF	10.67	1.33	0.06	4.78	11.95	(18.13)	30.00	(25.00)	87.32
SKKY	8.37	1.94	0.11	(0.82)	8.30	(16.27)	25.00	(20.00)	103.78
TONR	3.03	(0.13)	0.00	(0.01)	0.00	0.00	0.00	0.00	83.33
ZENV	4.53	1.13	0.23	2.37	3.95	(5.81)	10.94	(8.27)	37.15

Be your own money manager

Our tools can tell you how much better you can do entering a position in Visium Technologies 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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