Clip Money Correlations
| CLIP Stock | 0.26 0.00 5.56% |
The correlation of Clip Money 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 Clip Money moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clip Money 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. Clip |
The ability to find closely correlated positions to Clip Money could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clip Money 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 Clip Money - 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 Clip Money to buy it.
Moving against Clip Stock
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Clip Stock performing well and Clip Money 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 Clip Money'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GSD | 2.56 | (0.74) | 0.00 | 0.87 | 0.00 | 4.76 | 30.30 | |||
| MTY | 1.06 | (0.17) | 0.00 | (0.12) | 0.00 | 2.35 | 12.28 | |||
| LIFE | 0.50 | 0.02 | 0.01 | 0.07 | 0.58 | 0.99 | 2.75 | |||
| DR | 1.09 | 0.52 | 0.41 | 3.16 | 0.58 | 2.95 | 12.52 | |||
| CCA | 0.84 | (0.22) | 0.00 | (0.38) | 0.00 | 1.89 | 5.85 | |||
| WELL | 1.47 | (0.07) | 0.00 | (0.04) | 0.00 | 2.53 | 17.76 | |||
| HPQ | 2.43 | 0.29 | 0.05 | (0.42) | 2.47 | 9.52 | 19.44 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Clip Money 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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Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
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Clip Money Corporate Management
Elected by the shareholders, the Clip Money's board of directors comprises two types of representatives: Clip Money inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Clip. The board's role is to monitor Clip Money's management team and ensure that shareholders' interests are well served. Clip Money's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Clip Money's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daren Trousdell | CoFounder Director | Profile | |
| Brian Bailey | Chief Officer | Profile | |
| Roger Dalal | Chief Officer | Profile | |
| Joseph Arrage | Chairman CoFounder | Profile | |
| Andrew Tussing | Chief Officer | Profile |
Additional Tools for Clip Stock Analysis
When running Clip Money's price analysis, check to measure Clip Money'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 Clip Money is operating at the current time. Most of Clip Money's value examination focuses on studying past and present price action to predict the probability of Clip Money's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clip Money's price. Additionally, you may evaluate how the addition of Clip Money to your portfolios can decrease your overall portfolio volatility.