Winland Holdings Correlations
| WELXDelisted Stock | USD 2.06 0.30 17.05% |
The current 90-days correlation between Winland Holdings and AERWINS Technologies is 0.36 (i.e., Weak diversification). The correlation of Winland Holdings 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.
Winland Holdings Correlation With Market
Good diversification
The correlation between Winland Holdings and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Winland Holdings and DJI in the same portfolio, assuming nothing else is changed.
Winland |
The ability to find closely correlated positions to Winland Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Winland Holdings 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 Winland Holdings - 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 Winland Holdings to buy it.
Moving together with Winland Pink Sheet
| 0.69 | BMI | Badger Meter Fiscal Year End 24th of January 2025 | PairCorr |
| 0.7 | TDY | Teledyne Technologies Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.79 | GNSS | Genasys Fiscal Year End 5th of December 2024 | PairCorr |
Moving against Winland Pink Sheet
| 0.78 | WATT | Energous | PairCorr |
| 0.7 | VPG | Vishay Precision | PairCorr |
| 0.69 | ST | Sensata Technologies | PairCorr |
| 0.68 | KNW | Know Labs Fiscal Year End 17th of December 2024 | PairCorr |
| 0.65 | VNT | Vontier Corp | PairCorr |
| 0.64 | WRAP | Wrap Technologies | PairCorr |
| 0.79 | SVRE | SaverOne 2014 | PairCorr |
| 0.76 | BKSY | Blacksky Technology | PairCorr |
| 0.74 | SMIT | Schmitt Industries | PairCorr |
| 0.72 | SOBR | Sobr Safe | PairCorr |
| 0.71 | LUNA | Luna Innovations | PairCorr |
| 0.62 | MKSI | MKS Instruments | PairCorr |
| 0.44 | MIND | Mind Technology | PairCorr |
Related Correlations Analysis
| -0.25 | 0.31 | 0.34 | -0.2 | AWINW | ||
| -0.25 | -0.33 | -0.28 | -0.04 | AATC | ||
| 0.31 | -0.33 | -0.51 | 0.59 | AWIN | ||
| 0.34 | -0.28 | -0.51 | -0.71 | TDY | ||
| -0.2 | -0.04 | 0.59 | -0.71 | MKSI | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Winland Pink Sheet performing well and Winland Holdings 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 Winland Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AWINW | 21.46 | 3.55 | 0.15 | 4.22 | 20.24 | 58.79 | 270.01 | |||
| AATC | 1.82 | 0.20 | 0.00 | (0.11) | 3.93 | 3.13 | 21.82 | |||
| AWIN | 13.19 | (0.99) | 0.00 | (0.31) | 0.00 | 13.35 | 190.99 | |||
| TDY | 0.85 | 0.10 | 0.08 | 0.23 | 0.94 | 2.17 | 6.64 | |||
| MKSI | 2.76 | (0.61) | 0.00 | (0.11) | 0.00 | 5.70 | 16.12 |
Winland Holdings Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Winland Holdings pink sheet to make a market-neutral strategy. Peer analysis of Winland Holdings could also be used in its relative valuation, which is a method of valuing Winland Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Winland Holdings Corporate Executives
Elected by the shareholders, the Winland Holdings' board of directors comprises two types of representatives: Winland Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Winland. The board's role is to monitor Winland Holdings' management team and ensure that shareholders' interests are well served. Winland Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Winland Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brian Lawrence | Pres and CFO | Profile |
Still Interested in Winland Holdings?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.