Guru Organic Correlations
| GURU Stock | CAD 1.81 0.05 2.69% |
The current 90-days correlation between Guru Organic Energy and Haivision Systems is -0.1 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Guru Organic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guru Organic Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Guru Organic Correlation With Market
Average diversification
The correlation between Guru Organic Energy and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Guru Organic Energy and DJI in the same portfolio, assuming nothing else is changed.
Guru |
The ability to find closely correlated positions to Guru Organic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guru Organic 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 Guru Organic - 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 Guru Organic Energy to buy it.
Moving together with Guru Stock
Moving against Guru Stock
| 0.6 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.53 | NVDA | NVIDIA CDR | PairCorr |
| 0.44 | AAPL | Apple Inc CDR | PairCorr |
| 0.35 | GOOG | Alphabet CDR | PairCorr |
Related Correlations Analysis
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Be your own money manager
Our tools can tell you how much better you can do entering a position in Guru Organic 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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Guru Organic Corporate Management
Elected by the shareholders, the Guru Organic's board of directors comprises two types of representatives: Guru Organic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Guru. The board's role is to monitor Guru Organic's management team and ensure that shareholders' interests are well served. Guru Organic'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, Guru Organic's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Shingly Lee | Vice Marketing | Profile | |
| Patrick Charbonneau | Executive Sales | Profile | |
| Alexis Giguere | Sales VicePres | Profile | |
| LucPierre MartinPrivat | RD VicePres | Profile | |
| Emmanuelle Ouimet | Executive Marketing | Profile |