BC Technology Correlations
| BCTCF Stock | USD 1.07 0.00 0.00% |
The current 90-days correlation between BC Technology Group and Beamr Imaging Ltd is -0.02 (i.e., Good diversification). The correlation of BC Technology 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.
BC Technology Correlation With Market
Significant diversification
The correlation between BC Technology Group and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BC Technology Group and DJI in the same portfolio, assuming nothing else is changed.
BCTCF |
The ability to find closely correlated positions to BC Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BC Technology 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 BC Technology - 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 BC Technology Group to buy it.
Moving together with BCTCF Pink Sheet
| 0.77 | CRM | Salesforce | PairCorr |
| 0.74 | NOW | ServiceNow Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.81 | SHOP | Shopify | PairCorr |
| 0.82 | APP | Applovin Corp | PairCorr |
| 0.69 | MSTR | MicroStrategy Incorporated | PairCorr |
| 0.7 | CDNS | Cadence Design Systems | PairCorr |
| 0.69 | FSTF | First State Financial | PairCorr |
| 0.71 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.74 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.78 | DIS | Walt Disney | PairCorr |
| 0.78 | WMT | Walmart | PairCorr |
Moving against BCTCF Pink Sheet
| 0.83 | UBER | Uber Technologies | PairCorr |
| 0.82 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.76 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.62 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.56 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.53 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.51 | HPQ | HP Inc | PairCorr |
| 0.51 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.39 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.34 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
Related Correlations Analysis
| 0.49 | -0.61 | 0.57 | 0.69 | HTCR | ||
| 0.49 | -0.07 | 0.73 | 0.71 | BMR | ||
| -0.61 | -0.07 | -0.17 | -0.58 | HKD | ||
| 0.57 | 0.73 | -0.17 | 0.66 | CXAI | ||
| 0.69 | 0.71 | -0.58 | 0.66 | SOUN | ||
| 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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between BCTCF Pink Sheet performing well and BC Technology 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 BC Technology'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HTCR | 7.14 | 2.19 | 0.26 | (1.36) | 7.29 | 15.04 | 34.64 | |||
| BMR | 5.18 | 0.75 | 0.15 | (2.14) | 4.43 | 11.96 | 57.29 | |||
| HKD | 4.14 | 0.07 | 0.01 | 0.24 | 5.12 | 9.19 | 49.98 | |||
| CXAI | 5.09 | 0.79 | 0.13 | 2.09 | 5.26 | 11.94 | 46.87 | |||
| SOUN | 6.71 | 2.67 | 0.47 | 21.32 | 4.62 | 19.71 | 43.85 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in BC Technology 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?
Run Portfolio Rebalancing Now
Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
BC Technology Corporate Management
| ChunShun Ko | Ex Director | Profile | |
| Sikora Marek | Chief Officer | Profile | |
| Ken Lo | Deputy Chairman | Profile | |
| Chunpong Wu | Group Officer | Profile | |
| Ka Tiu | Head Director | Profile | |
| Hugh Madden | Group Director | Profile | |
| David Chapman | Ex Director | Profile |