AiXin Life Correlations

AIXN Stock

USD 0.02 0.48 96.60%

The current 90-days correlation between AiXin Life International and Hf Foods Group is -0.08 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AiXin Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AiXin Life International moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

AiXin Life Correlation With Market

Good diversification

The correlation between AiXin Life International and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AiXin Life International and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to AiXin Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AiXin Life 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 AiXin Life - 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 AiXin Life International to buy it.

Moving together with AiXin OTC Stock

0.65	AAC	Ares Acquisition	Pair Corr
0.69	INTE	Integral Acquisition	Pair Corr
0.67	TRCA	Twin Ridge Capital	Pair Corr
0.62	CSCO	Cisco Systems Sell-off Trend	Pair Corr
0.63	XOM	Exxon Mobil Corp Fiscal Year End 7th of February 2025	Pair Corr

Moving against AiXin OTC Stock

0.66	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.49	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.48	PG	Procter Gamble Sell-off Trend	Pair Corr
0.48	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.32	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	BZLFY	WDRP	PACV	IVFH	CVGW	SPTN	ANDE	CHEF	HFFG	AVO
BZLFY		0.13	-0.15	-0.81	0.0	0.73	0.36	-0.22	-0.32	-0.17	BZLFY
WDRP	0.13		-0.28	-0.15	-0.23	-0.08	-0.04	0.13	-0.4	0.06	WDRP
PACV	-0.15	-0.28		0.13	0.72	-0.2	-0.26	-0.2	0.1	0.58	PACV
IVFH	-0.81	-0.15	0.13		-0.09	-0.67	-0.57	0.28	0.38	0.11	IVFH
CVGW	0.0	-0.23	0.72	-0.09		-0.08	0.0	-0.1	0.23	0.81	CVGW
SPTN	0.73	-0.08	-0.2	-0.67	-0.08		0.2	-0.45	-0.27	-0.44	SPTN
ANDE	0.36	-0.04	-0.26	-0.57	0.0	0.2		0.23	0.16	-0.06	ANDE
CHEF	-0.22	0.13	-0.2	0.28	-0.1	-0.45	0.23		0.41	0.21	CHEF
HFFG	-0.32	-0.4	0.1	0.38	0.23	-0.27	0.16	0.41		0.23	HFFG
AVO	-0.17	0.06	0.58	0.11	0.81	-0.44	-0.06	0.21	0.23		AVO
	BZLFY	WDRP	PACV	IVFH	CVGW	SPTN	ANDE	CHEF	HFFG	AVO

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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

AVO	+ 0.81	CVGW
SPTN	+ 0.73	BZLFY
CVGW	+ 0.72	PACV
AVO	+ 0.58	PACV
HFFG	+ 0.41	CHEF
HFFG	+ 0.38	IVFH

High negative correlations

IVFH	- 0.81	BZLFY
SPTN	- 0.67	IVFH
ANDE	- 0.57	IVFH
CHEF	- 0.45	SPTN
AVO	- 0.44	SPTN
HFFG	- 0.4	WDRP

Risk-Adjusted Indicators

There is a big difference between AiXin OTC Stock performing well and AiXin Life OTC Stock 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 AiXin Life'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
BZLFY	0.89	(0.06)	(0.13)	(0.01)	1.01	(1.05)	1.70	(1.63)	5.67
WDRP	6.31	0.76	0.00	(0.04)	6.65	(17.54)	14.29	(12.50)	61.11
PACV	36.53	19.86	0.00	(0.86)	0.00	0.00	0.00	0.00	1,200
IVFH	2.94	0.40	0.05	(0.66)	3.19	(3.94)	6.41	(7.14)	22.85
CVGW	1.51	0.21	0.10	0.49	1.22	(1.87)	4.84	(2.28)	14.87
SPTN	1.34	(0.25)	0.00	(0.23)	0.00	0.00	2.26	(3.34)	16.02
ANDE	1.45	(0.28)	0.00	(0.03)	0.00	0.00	2.61	(2.78)	15.56
CHEF	1.42	(0.05)	(0.02)	0.08	1.74	(1.44)	3.32	(2.71)	8.59
HFFG	2.70	(0.08)	0.03	0.09	3.42	(3.11)	5.57	(5.23)	20.83
AVO	1.54	0.25	0.18	0.40	0.99	(2.07)	2.31	(2.01)	24.92

Be your own money manager

Our tools can tell you how much better you can do entering a position in AiXin Life 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.

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