AmmPower Corp Correlations
| AMMPF Stock | USD 0.03 0 7.53% |
The current 90-days correlation between AmmPower Corp and Antioquia Gold is -0.09 (i.e., Good diversification). The correlation of AmmPower Corp 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.
AmmPower Corp Correlation With Market
Very good diversification
The correlation between AmmPower Corp and DJI is -0.31 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AmmPower Corp and DJI in the same portfolio, assuming nothing else is changed.
AmmPower |
The ability to find closely correlated positions to AmmPower Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AmmPower Corp 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 AmmPower Corp - 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 AmmPower Corp to buy it.
Moving together with AmmPower OTC Stock
| 0.67 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.82 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.85 | WMT | Walmart Aggressive Push | PairCorr |
| 0.79 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.69 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.79 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.85 | DIS | Walt Disney Aggressive Push | PairCorr |
Moving against AmmPower OTC Stock
| 0.79 | BKRKY | Bank Rakyat | PairCorr |
| 0.78 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.75 | NEM | Newmont Goldcorp Corp | PairCorr |
| 0.71 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.7 | GOLD | Barrick Gold Corp | PairCorr |
| 0.69 | PBCRY | Bank Central Asia | PairCorr |
| 0.64 | PTBRY | Bank Negara Indonesia | PairCorr |
| 0.64 | SHG | Shinhan Financial | PairCorr |
| 0.6 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.47 | PBCRF | PT Bank Central | PairCorr |
| 0.31 | ZIJMY | Zijin Mining Group | PairCorr |
| 0.81 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.74 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.69 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.43 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
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 AmmPower OTC Stock performing well and AmmPower Corp 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 AmmPower Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AGRDF | 74.66 | 34.23 | 0.00 | 2.18 | 0.00 | 0.00 | 95.00 | |||
| DCCNF | 1.34 | 0.24 | 0.00 | 1.16 | 0.00 | 6.94 | 36.26 | |||
| ARBTF | 2.87 | (0.03) | (0.01) | 0.07 | 3.99 | 10.44 | 33.39 | |||
| ADGCF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BAUFF | 1.97 | (0.95) | 0.00 | (24.45) | 0.00 | 0.00 | 41.61 | |||
| AGDXF | 2.99 | 1.72 | 0.00 | (0.50) | 0.00 | 0.00 | 100.00 | |||
| ANKOF | 3.91 | 0.01 | (0.01) | (0.18) | 5.62 | 16.82 | 55.76 | |||
| ASGOF | 1.26 | (0.04) | (0.03) | (0.03) | 2.30 | 4.30 | 18.34 | |||
| ANTMF | 4.95 | 1.01 | 0.00 | (2.13) | 0.00 | 12.00 | 80.00 | |||
| AUXXF | 4.29 | (0.06) | 0.00 | 0.19 | 0.00 | 9.09 | 32.05 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in AmmPower Corp 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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AmmPower Corp Corporate Management
Elected by the shareholders, the AmmPower Corp's board of directors comprises two types of representatives: AmmPower Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AmmPower. The board's role is to monitor AmmPower Corp's management team and ensure that shareholders' interests are well served. AmmPower Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AmmPower Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christopher Lilla | CFO Director | Profile | |
| Rene Bharti | Pres Director | Profile | |
| Luisa Moreno | VP Relations | Profile | |
| Geoffrey Balderson | Co Sec | Profile | |
| Zhenyu Zhang | Chief Technologist | Profile | |
| Gary Benninger | CEO Chairman | Profile |