Winvest Group Correlations
| WNLV Stock | USD 0 0 50.00% |
The correlation of Winvest Group 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.
Winvest Group Correlation With Market
Modest diversification
The correlation between Winvest Group and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Winvest Group and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Winvest Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Winvest Group 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 Winvest Group - 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 Winvest Group to buy it.
Moving together with Winvest Pink Sheet
| 0.63 | BX | Blackstone Group Sell-off Trend | PairCorr |
| 0.78 | BLK | BlackRock | PairCorr |
| 0.7 | BAM | Brookfield Asset Man | PairCorr |
Moving against Winvest Pink Sheet
| 0.84 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.83 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.8 | IVSXF | Investor AB | PairCorr |
| 0.79 | PTAIY | Astra International Tbk | PairCorr |
| 0.71 | IVSBF | Investor AB ser | PairCorr |
| 0.67 | BK | Bank of New York | PairCorr |
| 0.65 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.65 | EC | Ecopetrol SA ADR | PairCorr |
| 0.61 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.48 | APO | Apollo Global Management | PairCorr |
| 0.34 | ARES | Ares Management LP | PairCorr |
| 0.83 | CX | Cemex SAB de Aggressive Push | PairCorr |
| 0.81 | SHIP | Seanergy Maritime | PairCorr |
| 0.81 | CM | Canadian Imperial Bank | PairCorr |
| 0.79 | GM | General Motors | PairCorr |
| 0.78 | CHACR | Crane Harbor Acquisition | PairCorr |
| 0.77 | IDN | Intellicheck Mobilisa | PairCorr |
| 0.72 | KODK | Eastman Kodak | PairCorr |
| 0.62 | NOEM | CO2 Energy Transition | PairCorr |
| 0.45 | HE | Hawaiian Electric | PairCorr |
| 0.42 | PBCRF | PT Bank Central | PairCorr |
| 0.41 | ALVLF | Big Ridge Gold | PairCorr |
| 0.91 | APGE | Apogee Therapeutics, | PairCorr |
| 0.89 | REGN | Regeneron Pharmaceuticals | PairCorr |
| 0.82 | AKAM | Akamai Technologies | PairCorr |
| 0.77 | HL | Hecla Mining Aggressive Push | PairCorr |
| 0.71 | EOLS | Evolus Inc | PairCorr |
| 0.71 | PHAR | Pharming Group NV | 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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Winvest Pink Sheet performing well and Winvest Group 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 Winvest Group'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WNMLA | 1.38 | 0.25 | 0.02 | (0.41) | 1.87 | 4.65 | 26.49 | |||
| SSPLF | 5.40 | 0.76 | 0.00 | 0.23 | 0.00 | 0.00 | 115.87 | |||
| SOLCF | 8.69 | (1.46) | 0.00 | (0.48) | 0.00 | 18.18 | 61.74 | |||
| BGTTF | 6.38 | 0.55 | 0.05 | 0.52 | 7.08 | 14.29 | 76.43 | |||
| ITPC | 1.01 | 0.46 | 0.00 | 0.64 | 0.00 | 0.00 | 19.05 | |||
| ORLCF | 7.65 | 0.97 | 0.12 | 1.18 | 7.02 | 18.96 | 43.76 | |||
| IDKFF | 5.92 | (0.12) | 0.00 | 0.39 | 0.00 | 13.51 | 28.16 | |||
| ESIFF | 4.30 | (0.56) | 0.00 | (11.53) | 0.00 | 13.33 | 40.10 | |||
| SITS | 5.59 | 0.51 | 0.06 | (4.96) | 6.48 | 18.33 | 58.08 | |||
| SWSS | 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 Winvest Group 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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