Green Thumb Correlations
| GTBIF Stock | USD 5.94 0.11 1.82% |
The current 90-days correlation between Green Thumb Industries and Curaleaf Holdings is -0.04 (i.e., Good diversification). The correlation of Green Thumb 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.
Green Thumb Correlation With Market
Good diversification
The correlation between Green Thumb Industries 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 Green Thumb Industries and DJI in the same portfolio, assuming nothing else is changed.
Green |
The ability to find closely correlated positions to Green Thumb could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Green Thumb 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 Green Thumb - 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 Green Thumb Industries to buy it.
Moving together with Green OTC Stock
| 0.67 | TEVA | Teva Pharma Industries | PairCorr |
| 0.77 | PUTKY | United Tractors Tbk | PairCorr |
| 0.63 | DIS | Walt Disney | PairCorr |
| 0.63 | HPQ | HP Inc | PairCorr |
| 0.67 | MSFT | Microsoft Aggressive Push | PairCorr |
Moving against Green OTC Stock
| 0.74 | PTLKF | PT Lippo Karawaci | PairCorr |
| 0.74 | EC | Ecopetrol SA ADR | PairCorr |
| 0.72 | TAK | Takeda Pharmaceutical | PairCorr |
| 0.62 | TKPHF | Takeda Pharmaceutical | PairCorr |
| 0.6 | PKX | POSCO Holdings | PairCorr |
| 0.54 | HLN | Haleon plc | PairCorr |
| 0.45 | HLNCF | Haleon plc | PairCorr |
| 0.39 | SSNLF | Samsung Electronics | PairCorr |
| 0.81 | MMM | 3M Company | PairCorr |
| 0.76 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.76 | GE | GE Aerospace | PairCorr |
| 0.76 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
| 0.74 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.69 | TRV | The Travelers Companies | PairCorr |
| 0.67 | KO | Coca Cola | PairCorr |
Related Correlations Analysis
| 0.79 | 0.88 | 0.84 | 0.35 | CURLF | ||
| 0.79 | 0.74 | 0.84 | 0.47 | TCNNF | ||
| 0.88 | 0.74 | 0.7 | 0.52 | CRLBF | ||
| 0.84 | 0.84 | 0.7 | 0.46 | GRWG | ||
| 0.35 | 0.47 | 0.52 | 0.46 | CWBHF | ||
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Risk-Adjusted Indicators
There is a big difference between Green OTC Stock performing well and Green Thumb OTC Stock 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 Green Thumb'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CURLF | 3.58 | (0.59) | 0.00 | (0.64) | 0.00 | 10.22 | 27.42 | |||
| TCNNF | 2.71 | (0.11) | 0.00 | (0.46) | 0.00 | 7.22 | 22.80 | |||
| CRLBF | 3.85 | (0.22) | 0.00 | (0.18) | 0.00 | 9.64 | 28.30 | |||
| GRWG | 2.94 | (0.33) | 0.00 | (0.36) | 0.00 | 6.96 | 22.05 | |||
| CWBHF | 4.71 | 0.06 | 0.01 | 0.10 | 5.69 | 10.00 | 25.46 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Green Thumb 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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Green Thumb Corporate Management
Elected by the shareholders, the Green Thumb's board of directors comprises two types of representatives: Green Thumb inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Green. The board's role is to monitor Green Thumb's management team and ensure that shareholders' interests are well served. Green Thumb'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, Green Thumb's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mathew Faulkner | Chief Officer | Profile | |
| Linda Marsicano | VP Communications | Profile | |
| Benjamin Kovler | Chairman Founder | Profile | |
| Dina Rollman | Sr Affairs | Profile | |
| Swadheen Sehgal | Chief Officer | Profile | |
| Daniel Shaker | VP Sales | Profile |