Thruvision Group Correlations
| DIGTF Stock | USD 0.03 0.01 49.25% |
The current 90-days correlation between Thruvision Group plc and Geo Group is 0.11 (i.e., Average diversification). The correlation of Thruvision Group 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.
Thruvision Group Correlation With Market
Average diversification
The correlation between Thruvision Group plc and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Thruvision Group plc and DJI in the same portfolio, assuming nothing else is changed.
Thruvision |
The ability to find closely correlated positions to Thruvision Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thruvision Group 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 Thruvision Group - 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 Thruvision Group plc to buy it.
Moving together with Thruvision Pink Sheet
| 0.82 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.78 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.81 | PBCRY | Bank Central Asia | PairCorr |
Moving against Thruvision Pink Sheet
| 0.89 | MZHOF | Mizuho Financial Normal Trading | PairCorr |
| 0.87 | SECU-B | Securitas AB | PairCorr |
| 0.73 | MBFJF | Mitsubishi UFJ Financial Normal Trading | PairCorr |
| 0.66 | ASAZF | ASSA ABLOY AB | PairCorr |
| 0.62 | SCTBY | Securitas AB | PairCorr |
| 0.58 | SOMLY | Secom Co | PairCorr |
| 0.56 | ASAZY | Assa Abloy AB | PairCorr |
| 0.32 | JPSTF | JAPAN POST BANK | PairCorr |
| 0.94 | SGIC | Silicon Gaming | PairCorr |
| 0.89 | AEM | Agnico Eagle Mines | PairCorr |
| 0.86 | CABGY | Carlsberg AS | PairCorr |
| 0.78 | SBUX | Starbucks | PairCorr |
| 0.77 | FINV | FinVolution Group Normal Trading | PairCorr |
| 0.75 | SKFOF | Sika AG | PairCorr |
| 0.73 | AM | Antero Midstream Partners | PairCorr |
| 0.69 | GTN | Gray Television | PairCorr |
| 0.57 | ISMAY | Indra Sistemas SA Downward Rally | PairCorr |
| 0.57 | DNSKF | Danske Bank AS Normal Trading | PairCorr |
| 0.4 | MENEF | Mene Inc | PairCorr |
| 0.32 | 38141E4D8 | GOLDMAN SACHS GROUP | PairCorr |
| 0.31 | SGA | Saga Communications | PairCorr |
| 0.93 | WM | Waste Management | PairCorr |
| 0.75 | ANPMF | Andean Precious Metals | PairCorr |
| 0.73 | AIMDW | Ainos Inc | PairCorr |
| 0.68 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.63 | ALHC | Alignment Healthcare LLC | PairCorr |
| 0.58 | INGVF | ING Groep NV | PairCorr |
Related Correlations Analysis
| 0.3 | -0.29 | 0.48 | 0.2 | EVLVW | ||
| 0.3 | -0.75 | 0.48 | 0.61 | NSSC | ||
| -0.29 | -0.75 | -0.39 | -0.32 | LDDFF | ||
| 0.48 | 0.48 | -0.39 | 0.64 | GFAI | ||
| 0.2 | 0.61 | -0.32 | 0.64 | GEO | ||
| 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
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Risk-Adjusted Indicators
There is a big difference between Thruvision Pink Sheet performing well and Thruvision Group 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 Thruvision Group'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EVLVW | 8.23 | 0.36 | 0.03 | 0.09 | 9.02 | 24.14 | 61.90 | |||
| NSSC | 2.04 | (0.52) | 0.00 | (0.62) | 0.00 | 2.57 | 30.02 | |||
| LDDFF | 5.39 | 1.13 | 0.14 | 0.35 | 6.13 | 14.89 | 46.73 | |||
| GFAI | 7.29 | 0.59 | 0.06 | 0.37 | 8.15 | 14.00 | 81.22 | |||
| GEO | 2.56 | 0.16 | 0.05 | 0.09 | 2.89 | 6.58 | 16.08 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Thruvision Group 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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Thruvision Group Corporate Management
| Victoria Balchin | Chief Officer | Profile | |
| Colin Evans | CEO Director | Profile | |
| John FCIS | Company Sec | Profile | |
| Thomas Black | Ex Chairman | Profile |