Applied UV Correlations

Delisted . USA . 
Preferred Stock . Applied UV Preferred
AUVIPDelisted Preferred Stock  USD 0.03  0.00  0.00%   
The current 90-days correlation between Applied UV Preferred and Presidio Property Trust is 0.01 (i.e., Significant diversification). The correlation of Applied UV 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.

Applied UV Correlation With Market

Good diversification

The correlation between Applied UV Preferred and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Applied UV Preferred and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Applied UV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied UV 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 Applied UV - 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 Applied UV Preferred to buy it.

Moving together with Applied Preferred Stock

  0.74BKRKF PT Bank RakyatPairCorr
  0.71PPERF Bank Mandiri PerseroPairCorr
  0.7BKRKY Bank RakyatPairCorr
  0.65TLK Telkom Indonesia TbkPairCorr
  0.68JNJ Johnson Johnson Sell-off TrendPairCorr
  0.68BA Boeing Fiscal Year End 29th of January 2025 PairCorr

Moving against Applied Preferred Stock

  0.93PTAIF PT Astra InternationalPairCorr
  0.89SSNLF Samsung ElectronicsPairCorr
  0.79HRSHF Haier Smart Home Upward RallyPairCorr
  0.77MAWHY Man Wah HoldingsPairCorr
  0.75HSHCY Haier Smart HomePairCorr
  0.69WHR WhirlpoolPairCorr
  0.46SEBYY SEB SAPairCorr
  0.43TLKMF Telkom Indonesia TbkPairCorr
  0.36QIHCF Haier Smart HomePairCorr
  0.89CAT Caterpillar Fiscal Year End 3rd of February 2025 PairCorr
  0.88AA Alcoa Corp Fiscal Year End 15th of January 2025 PairCorr
  0.84HD Home DepotPairCorr
  0.83CSCO Cisco Systems Sell-off TrendPairCorr
  0.8INTC Intel Fiscal Year End 23rd of January 2025 PairCorr
  0.76HPQ HP IncPairCorr
  0.73T ATT Inc Fiscal Year End 22nd of January 2025 PairCorr
  0.73XOM Exxon Mobil Corp Fiscal Year End 7th of February 2025 PairCorr
  0.7CVX Chevron Corp Sell-off TrendPairCorr
  0.65PLTR Palantir Technologies Aggressive PushPairCorr
  0.58BAC Bank of America Aggressive PushPairCorr
  0.56DIS Walt Disney Sell-off TrendPairCorr
  0.53IBM International Business Fiscal Year End 22nd of January 2025 PairCorr
  0.51JPM JPMorgan Chase Sell-off TrendPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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   
ATLCP
+ 0.87
CDZIP
SQFTP
+ 0.43
FATBP
CSSEP
+ 0.13
CDZIP
  
High negative correlations   
CSSEP
- 0.66
FATBP
SQFTP
- 0.58
CSSEP
SQFTP
- 0.52
CDZIP
SQFTP
- 0.37
ATLCP
CDZIP
- 0.37
FATBP
ATLCP
- 0.27
FATBP

Risk-Adjusted Indicators

There is a big difference between Applied Preferred Stock performing well and Applied UV 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 Applied UV'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.

Applied UV Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Applied UV preferred stock to make a market-neutral strategy. Peer analysis of Applied UV could also be used in its relative valuation, which is a method of valuing Applied UV by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Applied UV Corporate Management

Max MunnPres FounderProfile
Robert BergerVicePres SalesProfile
John IIIVP OperationsProfile
John AndrewsCEO DirectorProfile
Michael CPAChief OfficerProfile
Rhonda WallenVP DevelProfile

Still Interested in Applied UV Preferred?

Investing in delisted delisted preferred stocks can be risky, as the preferred stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.
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