EAU Technologies Correlations
| EAUI Stock | USD 0.0001 0.00 0.00% |
The correlation of EAU Technologies 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 EAU Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EAU Technologies 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EAU Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. EAU |
The ability to find closely correlated positions to EAU 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 EAU 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 EAU 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 EAU Technologies to buy it.
Moving together with EAU Pink Sheet
Moving against EAU Pink Sheet
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 EAU Pink Sheet performing well and EAU 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 EAU 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RYAAY | 1.17 | 0.15 | 0.04 | (2.78) | 1.20 | 2.57 | 8.57 | |||
| BCE | 0.91 | (0.38) | 0.00 | (0.37) | 0.00 | 1.22 | 5.25 | |||
| WZZAF | 0.87 | (0.14) | 0.00 | (0.02) | 0.00 | 3.79 | 16.54 | |||
| ZH | 2.87 | (0.39) | 0.00 | (0.28) | 0.00 | 5.48 | 15.87 | |||
| PNR | 0.98 | 0.03 | 0.05 | 0.10 | 0.92 | 2.23 | 4.74 | |||
| WAB | 0.70 | 0.21 | 0.18 | 4.66 | 0.34 | 1.48 | 3.22 | |||
| KVHI | 1.87 | 0.00 | (0.02) | 0.08 | 2.67 | 3.93 | 15.57 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in EAU 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.Did you try this?
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EAU Technologies Corporate Management
Elected by the shareholders, the EAU Technologies' board of directors comprises two types of representatives: EAU Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of EAU. The board's role is to monitor EAU Technologies' management team and ensure that shareholders' interests are well served. EAU Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, EAU Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Paul Johnson | Executive VP of Sales and Marketing | Profile | |
| Merlin Baker | CoFounder | Profile | |
| Huy Huynh | VP Technology | Profile | |
| Gene Harkins | CoFounder | Profile |
Already Invested in EAU Technologies?
The danger of trading EAU Technologies 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 EAU Technologies 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 EAU Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile EAU Technologies 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EAU Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for EAU Pink Sheet analysis
When running EAU Technologies' price analysis, check to measure EAU Technologies' 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 EAU Technologies is operating at the current time. Most of EAU Technologies' value examination focuses on studying past and present price action to predict the probability of EAU Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EAU Technologies' price. Additionally, you may evaluate how the addition of EAU Technologies to your portfolios can decrease your overall portfolio volatility.
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