Integrated Ventures Correlations
| INTV Stock | USD 1.32 0.03 2.22% |
The current 90-days correlation between Integrated Ventures and Farmers Edge is 0.09 (i.e., Significant diversification). The correlation of Integrated Ventures 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.
Integrated Ventures Correlation With Market
Modest diversification
The correlation between Integrated Ventures and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Integrated Ventures and DJI in the same portfolio, assuming nothing else is changed.
Integrated |
The ability to find closely correlated positions to Integrated Ventures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Integrated Ventures 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 Integrated Ventures - 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 Integrated Ventures to buy it.
Moving together with Integrated OTC Stock
| 0.72 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.67 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.68 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.68 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.8 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.8 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
Moving against Integrated OTC Stock
| 0.91 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.89 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.84 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.79 | AULT | Ault Alliance Symbol Change | PairCorr |
| 0.76 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.75 | VLCN | Volcon Inc | PairCorr |
| 0.74 | BPTS | Biophytis | PairCorr |
| 0.68 | NVR | NVR Inc | PairCorr |
| 0.58 | PSGTF | PT Semen Indonesia | PairCorr |
| 0.43 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.35 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.33 | DD | Dupont De Nemours Sell-off Trend | 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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Integrated OTC Stock performing well and Integrated Ventures 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 Integrated Ventures' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LSPKF | 1.32 | 0.01 | 0.00 | 0.11 | 0.00 | 0.00 | 46.79 | |||
| FMEGF | 1.07 | 0.18 | 0.00 | 5.52 | 0.00 | 6.25 | 38.91 | |||
| WPNDF | 2.45 | (0.37) | 0.00 | 1.53 | 0.00 | 8.70 | 32.70 | |||
| MFON | 9.62 | 2.61 | 0.09 | (1.37) | 11.16 | 24.00 | 195.83 | |||
| INVU | 7.89 | 1.30 | 0.13 | 8.76 | 8.07 | 23.97 | 45.65 | |||
| EZFL | 3.97 | 0.02 | 0.00 | 0.09 | 0.00 | 7.49 | 27.59 | |||
| TGL | 7.78 | (0.97) | 0.00 | (2.32) | 0.00 | 16.67 | 105.95 | |||
| LYT | 3.48 | (0.50) | 0.00 | (0.38) | 0.00 | 6.55 | 28.63 | |||
| BTTC | 2.71 | 0.17 | 0.01 | 0.98 | 4.10 | 14.29 | 30.95 | |||
| NEOM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
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