Agriculture Natural Correlations
| ANSCW Stock | 0.38 0 0.47% |
The current 90-days correlation between Agriculture Natural and Nyxoah is 0.12 (i.e., Average diversification). The correlation of Agriculture Natural 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.
Agriculture Natural Correlation With Market
Significant diversification
The correlation between Agriculture Natural Solutions and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Agriculture Natural Solutions and DJI in the same portfolio, assuming nothing else is changed.
Agriculture |
Moving together with Agriculture Stock
| 0.76 | V | Visa Class A | PairCorr |
| 0.66 | WSBF | Waterstone Financial | PairCorr |
| 0.63 | GDST | Goldenstone Acquisition | PairCorr |
| 0.75 | COOP | Mr Cooper Group | PairCorr |
| 0.66 | BK | Bank of New York | PairCorr |
Moving against Agriculture Stock
| 0.77 | ORGN | Origin Materials | PairCorr |
| 0.63 | WD | Walker Dunlop | PairCorr |
| 0.59 | SYF | Synchrony Financial | PairCorr |
| 0.44 | ECPG | Encore Capital Group | PairCorr |
| 0.41 | AXP | American Express | PairCorr |
| 0.79 | BITF | Bitfarms | PairCorr |
| 0.72 | PYPL | PayPal Holdings | PairCorr |
| 0.66 | CODI | Compass Diversified | PairCorr |
| 0.58 | DHIL | Diamond Hill Investment | PairCorr |
| 0.5 | AX | Axos Financial | PairCorr |
| 0.43 | SOFI | SoFi Technologies | PairCorr |
| 0.7 | LC | LendingClub Corp | PairCorr |
| 0.57 | BX | Blackstone Group | PairCorr |
| 0.57 | CM | Canadian Imperial Bank | PairCorr |
| 0.52 | KB | KB Financial Group | PairCorr |
| 0.45 | CG | Carlyle Group | PairCorr |
Related Correlations Analysis
| 0.2 | -0.28 | 0.02 | 0.48 | 0.19 | NYXH | ||
| 0.2 | 0.69 | 0.85 | -0.39 | 0.28 | NVST | ||
| -0.28 | 0.69 | 0.88 | -0.77 | 0.09 | HNI | ||
| 0.02 | 0.85 | 0.88 | -0.58 | 0.06 | EMR | ||
| 0.48 | -0.39 | -0.77 | -0.58 | 0.02 | PMNXF | ||
| 0.19 | 0.28 | 0.09 | 0.06 | 0.02 | NRRWF | ||
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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 Agriculture Stock performing well and Agriculture Natural 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 Agriculture Natural'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NYXH | 2.36 | 0.10 | 0.02 | 0.11 | 4.04 | 7.83 | 34.36 | |||
| NVST | 1.91 | 0.06 | 0.02 | 0.01 | 2.34 | 3.63 | 10.92 | |||
| HNI | 1.29 | (0.12) | 0.00 | (0.12) | 0.00 | 2.95 | 8.91 | |||
| EMR | 1.24 | (0.09) | 0.00 | (0.09) | 0.00 | 2.13 | 9.68 | |||
| PMNXF | 1.85 | 0.26 | 0.12 | (0.99) | 1.90 | 4.65 | 10.01 | |||
| NRRWF | 1.54 | 0.00 | 0.00 | (0.03) | 0.00 | 5.60 | 41.67 |
Agriculture Natural Corporate Executives
Elected by the shareholders, the Agriculture Natural's board of directors comprises two types of representatives: Agriculture Natural inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Agriculture. The board's role is to monitor Agriculture Natural's management team and ensure that shareholders' interests are well served. Agriculture Natural'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, Agriculture Natural's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas Smith | Chief CFO | Profile |