Aimia Correlations
| AIMFF Stock | USD 1.67 0.01 0.60% |
The current 90-days correlation between Aimia Inc and Flow Capital Corp is 0.02 (i.e., Significant diversification). The correlation of Aimia 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.
Aimia Correlation With Market
Good diversification
The correlation between Aimia Inc and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aimia Inc and DJI in the same portfolio, assuming nothing else is changed.
Aimia |
The ability to find closely correlated positions to Aimia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aimia 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 Aimia - 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 Aimia Inc to buy it.
Moving together with Aimia Pink Sheet
| 0.63 | BX | Blackstone Group Normal Trading | PairCorr |
| 0.63 | APO | Apollo Global Management | PairCorr |
| 0.68 | HNHPF | Hon Hai Precision | PairCorr |
Moving against Aimia Pink Sheet
| 0.77 | IVSXF | Investor AB | PairCorr |
| 0.77 | VLKPF | Volkswagen AG VZO | PairCorr |
| 0.76 | VLKAF | Volkswagen AG | PairCorr |
| 0.76 | VWAGY | Volkswagen AG 110 | PairCorr |
| 0.75 | IVSBF | Investor AB ser | PairCorr |
| 0.75 | VWAPY | Volkswagen AG Pref | PairCorr |
| 0.73 | BK | Bank of New York | PairCorr |
| 0.31 | WMT | Walmart | PairCorr |
| 0.86 | TOITF | Topicus | PairCorr |
| 0.81 | AEP | American Electric Power Sell-off Trend | PairCorr |
| 0.81 | ROOT | Root Inc Normal Trading | PairCorr |
| 0.81 | WEC | WEC Energy Group Sell-off Trend | PairCorr |
| 0.8 | XIACF | Xiaomi Corp | PairCorr |
| 0.79 | SAN | Banco Santander SA | PairCorr |
| 0.71 | TVE | Tennessee Valley Aut | PairCorr |
| 0.69 | VIV | Telefonica Brasil | PairCorr |
| 0.69 | CBYDF | Corby Spirit | PairCorr |
| 0.64 | FNCNF | Fincantieri SpA | PairCorr |
| 0.59 | MDGL | Madrigal Pharmaceuticals | PairCorr |
| 0.48 | DRGV | Dragon Capital Grp | PairCorr |
| 0.48 | CLSZF | China Oil And Earnings Call This Week | PairCorr |
| 0.36 | DAC | Danaos | PairCorr |
| 0.33 | BWTX | Bakken Water Transfer | PairCorr |
| 0.33 | HMC | Honda Motor Sell-off Trend | PairCorr |
| 0.87 | CDAB | Coeur dAlene Bancorp | PairCorr |
| 0.81 | UNCFF | UniCredit SpA | PairCorr |
| 0.8 | DGX | Quest Diagnostics | PairCorr |
| 0.62 | ESRCF | ESR Cayman Limited | PairCorr |
| 0.59 | ENBFF | Enbridge | PairCorr |
| 0.56 | COHG | Cheetah Oil Gas | PairCorr |
Related Correlations Analysis
| 0.31 | 0.0 | -0.17 | 0.0 | -0.53 | 0.34 | AHFCF | ||
| 0.31 | 0.0 | 0.19 | 0.0 | -0.04 | 0.41 | AMTPQ | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | BLRZF | ||
| -0.17 | 0.19 | 0.0 | 0.0 | 0.2 | 0.02 | AZIHF | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | AZIHY | ||
| -0.53 | -0.04 | 0.0 | 0.2 | 0.0 | -0.18 | ASXSF | ||
| 0.34 | 0.41 | 0.0 | 0.02 | 0.0 | -0.18 | BMNM | ||
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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 Aimia Pink Sheet performing well and Aimia 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 Aimia'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AHFCF | 0.40 | (0.19) | 0.00 | (1.20) | 0.00 | 0.00 | 13.33 | |||
| AMTPQ | 2.79 | (1.45) | 0.00 | 6.24 | 0.00 | 0.00 | 93.33 | |||
| BLRZF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AZIHF | 1.35 | (0.02) | 0.00 | (0.97) | 0.00 | 7.11 | 23.04 | |||
| AZIHY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ASXSF | 2.15 | 0.28 | 0.04 | 0.34 | 3.05 | 9.52 | 28.04 | |||
| BMNM | 1.83 | (0.25) | 0.00 | 0.16 | 0.00 | 9.20 | 23.48 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aimia 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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Aimia Corporate Management
| Philip Mittleman | CEO Director | Profile | |
| Eric Blondeau | Chief Sec | Profile | |
| Steven Leonard | Chief Officer | Profile | |
| Michael Lehmann | Pres Director | Profile | |
| Tom Tran | Director Relations | Profile | |
| Evan Newman | LLC Management | Profile |