Wineco Productions Correlations
| WNCP Stock | USD 0.0001 0.00 0.00% |
The correlation of Wineco Productions 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 Wineco Productions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wineco Productions 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wineco Productions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Wineco |
The ability to find closely correlated positions to Wineco Productions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wineco Productions 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 Wineco Productions - 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 Wineco Productions to buy it.
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Our tools can tell you how much better you can do entering a position in Wineco Productions 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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Wineco Productions Corporate Management
Elected by the shareholders, the Wineco Productions' board of directors comprises two types of representatives: Wineco Productions inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wineco. The board's role is to monitor Wineco Productions' management team and ensure that shareholders' interests are well served. Wineco Productions' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Wineco Productions' outside directors are responsible for providing unbiased perspectives on the board's policies.
| James Logan | President | Profile | |
| Vincent Muratore | Ex VP | Profile | |
| Paul Jones | Ex Officer | Profile | |
| Linda Logan | Sec | Profile |
Already Invested in Wineco Productions?
The danger of trading Wineco Productions 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 Wineco Productions 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 Wineco Productions. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wineco Productions 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wineco Productions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Wineco Productions information on this page should be used as a complementary analysis to other Wineco Productions' 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Wineco Pink Sheet analysis
When running Wineco Productions' price analysis, check to measure Wineco Productions' 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 Wineco Productions is operating at the current time. Most of Wineco Productions' value examination focuses on studying past and present price action to predict the probability of Wineco Productions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wineco Productions' price. Additionally, you may evaluate how the addition of Wineco Productions to your portfolios can decrease your overall portfolio volatility.
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