4Cable Tv Correlations

CATV Stock  USD 0.0003  0.0001  50.00%   
The correlation of 4Cable Tv 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.

4Cable Tv Correlation With Market

Very good diversification

The correlation between 4Cable Tv Internatio and DJI is -0.33 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 4Cable Tv Internatio and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to 4Cable Tv could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 4Cable Tv 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 4Cable Tv - 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 4Cable Tv Internatio to buy it.

Moving together with 4Cable Pink Sheet

  0.7PKX POSCO HoldingsPairCorr
  0.76AA Alcoa CorpPairCorr
  0.65DIS Walt DisneyPairCorr
  0.69HPQ HP IncPairCorr

Moving against 4Cable Pink Sheet

  0.76BA BoeingPairCorr
  0.67PFE Pfizer IncPairCorr
  0.63MMM 3M CompanyPairCorr
  0.59CSCO Cisco SystemsPairCorr
  0.52JPM JPMorgan ChasePairCorr
  0.5GE GE AerospacePairCorr
  0.34T ATT Inc Aggressive PushPairCorr

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   
NNRXNUGS
CTABFNUGS
CTABFNNRX
CTTHNWPN
CNTRFBINP
CNTRFNWPN
  
High negative correlations   
CTTHCNTRF
BINPNWPN
CTTHCPHRF
CNTRFCPHRF
CTTHBINP
CPHRFBINP

Risk-Adjusted Indicators

There is a big difference between 4Cable Pink Sheet performing well and 4Cable Tv 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 4Cable Tv'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
NWPN  14.58  3.67  0.00 (2.20) 0.00 
 100.00 
 150.00 
NUGS  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
FLOOF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
NNRX  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
CTABF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
BINP  7.96  1.96  0.08  1.70  9.18 
 8.70 
 162.66 
CPHRF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
CNTRF  3.51 (1.91) 0.00  1.78  0.00 
 0.00 
 60.59 
CTTH  9.92  1.19  0.11 (4.16) 8.99 
 26.79 
 109.15 

Be your own money manager

Our tools can tell you how much better you can do entering a position in 4Cable Tv 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.

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4Cable Tv Corporate Management

John HomseyVP of Sales and MarketingProfile
Paul PasseyVice OperationsProfile
M RicheyCo SecProfile
Ross DeMelloInterim DirectorProfile