Chiba Bank Correlations
| CHBAY Stock | USD 37.04 0.00 0.00% |
The correlation of Chiba Bank 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chiba Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chiba Bank Ltd moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Good diversification
The correlation between Chiba Bank Ltd and NYA is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Chiba Bank Ltd and NYA in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Chiba Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chiba Bank 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 Chiba Bank - 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 Chiba Bank Ltd to buy it.
Moving against Chiba Pink Sheet
Related Correlations Analysis
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Be your own money manager
Our tools can tell you how much better you can do entering a position in Chiba Bank 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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Chiba Bank Corporate Directors
Chiba Bank corporate directors refer to members of a Chiba Bank board of directors. The board of directors generally takes responsibility for the Chiba Bank's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Chiba Bank's board members must vote for the resolution. The Chiba Bank board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kazuyoshi Fukushima | Executive Officer, Director of Audit | Profile | |
| Toyokuni Yazaki | Independent Director | Profile | |
| Toru Nomura | Managing Executive Officer, Director | Profile | |
| Masahiro Ohwaku | Executive Officer, Director of Business Planning | Profile |
Already Invested in Chiba Bank Ltd?
The danger of trading Chiba Bank Ltd is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Chiba Bank is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Chiba Bank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Chiba Bank is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chiba Bank Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Chiba Bank information on this page should be used as a complementary analysis to other Chiba Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Chiba Pink Sheet analysis
When running Chiba Bank's price analysis, check to measure Chiba Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chiba Bank is operating at the current time. Most of Chiba Bank's value examination focuses on studying past and present price action to predict the probability of Chiba Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chiba Bank's price. Additionally, you may evaluate how the addition of Chiba Bank to your portfolios can decrease your overall portfolio volatility.
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