Aquagold International Correlations
AQUI Stock | USD 0.01 0.00 0.00% |
The correlation of Aquagold International 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.
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The ability to find closely correlated positions to Aquagold International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aquagold International 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 Aquagold International - 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 Aquagold International to buy it.
Related Correlations Analysis
0.67 | -0.25 | -0.49 | 0.79 | PEP | ||
0.67 | -0.67 | -0.89 | 0.68 | COKE | ||
-0.25 | -0.67 | 0.65 | -0.53 | MNST | ||
-0.49 | -0.89 | 0.65 | -0.45 | CELH | ||
0.79 | 0.68 | -0.53 | -0.45 | KDP | ||
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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
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Risk-Adjusted Indicators
There is a big difference between Aquagold Pink Sheet performing well and Aquagold International 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 Aquagold International'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 | ||
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PEP | 0.75 | (0.01) | (0.09) | 0.07 | 0.93 | 1.55 | 5.36 | |||
COKE | 1.36 | 0.47 | 0.25 | 4.70 | 1.07 | 3.45 | 12.94 | |||
MNST | 1.08 | (0.16) | 0.00 | (1.26) | 0.00 | 1.62 | 13.21 | |||
CELH | 2.54 | (1.25) | 0.00 | (0.68) | 0.00 | 3.81 | 18.96 | |||
KDP | 0.68 | 0.10 | 0.02 | 0.52 | 0.70 | 1.48 | 4.09 |
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Aquagold International Corporate Management
Joseph Rosamilia | Executive VP of Corporate Devel. | Profile | |
MarcOlivier Hassoun | CoFounder Director | Profile | |
BA MD | Chairman Pres | Profile | |
Gilles StPierre | Treasurer Sec | Profile | |
Daniel Sauve | Director RD | Profile |