Bragg Gaming Correlations
| BRAG Stock | CAD 4.68 0.06 1.27% |
The current 90-days correlation between Bragg Gaming Group and EcoSynthetix is -0.05 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bragg Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bragg Gaming Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Bragg Gaming Correlation With Market
Good diversification
The correlation between Bragg Gaming Group and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bragg Gaming Group and DJI in the same portfolio, assuming nothing else is changed.
Bragg |
The ability to find closely correlated positions to Bragg Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bragg Gaming 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 Bragg Gaming - 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 Bragg Gaming Group to buy it.
Moving against Bragg Stock
| 0.8 | TSLA | Tesla Inc CDR | PairCorr |
| 0.79 | WMT | Walmart Inc CDR | PairCorr |
| 0.63 | AMZN | Amazon CDR | PairCorr |
| 0.6 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.51 | NVDA | NVIDIA CDR | PairCorr |
| 0.49 | GOOG | Alphabet CDR | 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
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Risk-Adjusted Indicators
There is a big difference between Bragg Stock performing well and Bragg Gaming 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 Bragg Gaming'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CMC | 2.89 | (0.31) | 0.00 | (0.60) | 0.00 | 7.14 | 26.79 | |||
| ERC | 2.19 | 0.24 | 0.00 | (0.45) | 0.00 | 11.11 | 55.84 | |||
| FINC | 0.11 | 0.01 | 0.00 | 0.60 | 0.00 | 0.37 | 2.23 | |||
| XHB | 0.20 | 0.01 | (0.41) | 0.19 | 0.05 | 0.51 | 1.07 | |||
| EDGF | 0.82 | 0.00 | (0.06) | 0.09 | 1.13 | 2.20 | 6.42 | |||
| SOLR | 6.36 | 0.07 | 0.00 | 0.04 | 0.00 | 25.00 | 50.00 | |||
| 0P0000OXA6 | 0.51 | 0.13 | 0.04 | 1.06 | 0.45 | 1.15 | 4.34 | |||
| ALA-PA | 0.52 | 0.02 | (0.11) | 0.29 | 0.65 | 1.15 | 3.73 | |||
| ECO | 1.51 | 0.07 | (0.05) | (0.01) | 1.90 | 3.84 | 11.63 | |||
| TKU | 6.36 | (0.25) | 0.00 | (0.02) | 0.00 | 25.00 | 83.33 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bragg Gaming 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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Bragg Gaming Corporate Management
Elected by the shareholders, the Bragg Gaming's board of directors comprises two types of representatives: Bragg Gaming inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bragg. The board's role is to monitor Bragg Gaming's management team and ensure that shareholders' interests are well served. Bragg Gaming'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, Bragg Gaming's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Benny Bonsu | Head GiveMeSport | Profile | |
| Chris Looney | Chief Officer | Profile | |
| Neill Whyte | Chief Officer | Profile | |
| Giles Potter | Chief Officer | Profile | |
| Doug Fallon | Group Content | Profile | |
| Simon Dudnjik | Chief Officer | Profile |