ARHT Media Correlations

ARHTF Stock

USD 0.01 0.00 0.00%

The correlation of ARHT Media 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.

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

Moving together with ARHT OTC Stock

0.78	INTU	Intuit Inc	Pair Corr
0.63	AAPL	Apple Inc	Pair Corr

Moving against ARHT OTC Stock

0.65	UBER	Uber Technologies Aggressive Push	Pair Corr
0.58	SAP	SAP SE ADR	Pair Corr
0.58	SAPGF	SAP SE	Pair Corr
0.49	BMYMP	Bristol Myers Squibb	Pair Corr
0.4	META	Meta Platforms	Pair Corr
0.75	TD	Toronto Dominion Bank	Pair Corr
0.62	CMSQF	Computershare Limited	Pair Corr
0.57	FANUF	Fanuc	Pair Corr
0.54	SR	Spire Inc	Pair Corr
0.53	BLTH	American Battery Mat	Pair Corr
0.5	SOHOO	Sotherly Hotels Pref	Pair Corr
0.5	SGAPY	Singapore Telecommunicatio	Pair Corr
0.45	BABA	Alibaba Group Holding Aggressive Push	Pair Corr
0.44	BRK-A	Berkshire Hathaway	Pair Corr
0.42	BTT	Blackrock Municipal	Pair Corr
0.37	BSET	Bassett Furniture	Pair Corr
0.93	FATBP	FAT Brands	Pair Corr
0.89	SKSUF	Sekisui Chemical	Pair Corr
0.76	CWPS	Conwest Assoc Part	Pair Corr
0.74	WZZAF	Wizz Air Holdings	Pair Corr
0.64	DVRNF	Deveron Corp	Pair Corr
0.61	TECTP	Tectonic Financial	Pair Corr

Related Correlations Analysis

	AKRFF	ROWKF	DPSIP	DUBRF	OONEF	FMEGF	LSPKF	RSASF	INXSF	CTKYY
AKRFF		0.04	0.0	0.39	-0.17	0.0	0.0	0.0	-0.23	0.0	AKRFF
ROWKF	0.04		0.0	0.08	0.63	0.0	0.0	0.51	-0.04	0.0	ROWKF
DPSIP	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	DPSIP
DUBRF	0.39	0.08	0.0		-0.02	0.0	0.0	0.06	-0.14	0.0	DUBRF
OONEF	-0.17	0.63	0.0	-0.02		0.0	0.0	0.12	0.2	0.0	OONEF
FMEGF	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	FMEGF
LSPKF	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	LSPKF
RSASF	0.0	0.51	0.0	0.06	0.12	0.0	0.0		-0.22	0.0	RSASF
INXSF	-0.23	-0.04	0.0	-0.14	0.2	0.0	0.0	-0.22		0.0	INXSF
CTKYY	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		CTKYY
	AKRFF	ROWKF	DPSIP	DUBRF	OONEF	FMEGF	LSPKF	RSASF	INXSF	CTKYY

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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

OONEF	+ 0.63	ROWKF
RSASF	+ 0.51	ROWKF
DUBRF	+ 0.39	AKRFF
INXSF	+ 0.2	OONEF
RSASF	+ 0.12	OONEF
DUBRF	+ 0.08	ROWKF

High negative correlations

INXSF	- 0.23	AKRFF
INXSF	- 0.22	RSASF
OONEF	- 0.17	AKRFF
INXSF	- 0.14	DUBRF
INXSF	- 0.04	ROWKF
OONEF	- 0.02	DUBRF

Risk-Adjusted Indicators

There is a big difference between ARHT OTC Stock performing well and ARHT Media 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 ARHT Media'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
AKRFF	0.68	0.05	0.00	0.06	0.00	0.00	1.11	(1.10)	19.09
ROWKF	0.70	0.25	0.00	(1.06)	0.00	0.00	0.00	0.00	17.50
DPSIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DUBRF	87.97	39.41	0.00	(0.85)	0.00	0.00	0.00	0.00	2,757
OONEF	11.40	2.30	0.18	(1.28)	11.63	(16.44)	34.48	(22.58)	97.45
FMEGF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LSPKF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
RSASF	5.39	1.24	0.15	3.25	4.70	(11.67)	18.18	(10.00)	36.43
INXSF	1.98	(0.20)	0.00	(1.26)	0.00	0.00	5.41	(5.13)	21.23
CTKYY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

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ARHT Media Corporate Management

Elected by the shareholders, the ARHT Media's board of directors comprises two types of representatives: ARHT Media inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ARHT. The board's role is to monitor ARHT Media's management team and ensure that shareholders' interests are well served. ARHT Media'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, ARHT Media's outside directors are responsible for providing unbiased perspectives on the board's policies.

Paul Anka	CoFounder	Profile
Karine Koh	Managing Asia	Profile
Chris Appleton	VP Execution	Profile
BJ Hjelholt	VP Technology	Profile
Palash Ghosh	Chief Officer	Profile
Vasily Ryabov	Controller	Profile

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