Internet Infinity Correlations

ITNF Stock

USD 0.01 0.00 0.00%

The current 90-days correlation between Internet Infinity and Argentum 47 is 0.06 (i.e., Significant diversification). The correlation of Internet Infinity 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.

Internet Infinity Correlation With Market

Good diversification

The correlation between Internet Infinity and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Internet Infinity and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Internet Infinity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Internet Infinity 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 Internet Infinity - 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 Internet Infinity to buy it.

Moving together with Internet Pink Sheet

0.61	BKRKF	PT Bank Rakyat	Pair Corr
0.75	BKRKY	Bank Rakyat	Pair Corr
0.68	PPERY	Bank Mandiri Persero	Pair Corr
0.61	PBCRY	Bank Central Asia	Pair Corr
0.64	PTBRY	Bank Negara Indonesia Normal Trading	Pair Corr
0.64	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.91	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.86	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Moving against Internet Pink Sheet

0.71	SQ	Block Inc	Pair Corr
0.69	CRWD	Crowdstrike Holdings	Pair Corr
0.68	PLTR	Palantir Technologies	Pair Corr
0.54	VMW	VMware Inc	Pair Corr
0.52	MZHOF	Mizuho Financial	Pair Corr
0.51	MBFJF	Mitsubishi UFJ Financial	Pair Corr
0.47	ORCL	Oracle	Pair Corr
0.46	SNPS	Synopsys	Pair Corr
0.78	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.73	CSCO	Cisco Systems Sell-off Trend	Pair Corr
0.71	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.62	WMT	Walmart	Pair Corr
0.59	KD	Kyndryl Holdings	Pair Corr
0.48	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.44	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.39	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr

Related Correlations Analysis

	ARGQ	ARAT	APCXW	ARBEW	APGT	IPSI	NXTP	TMNA	HUBCW	HUBCZ
ARGQ		0.66	0.59	0.45	0.53	0.62	0.15	0.0	-0.3	-0.6	ARGQ
ARAT	0.66		0.29	0.39	0.84	0.28	0.53	0.0	-0.42	-0.65	ARAT
APCXW	0.59	0.29		0.13	0.23	0.49	0.07	0.0	-0.25	-0.43	APCXW
ARBEW	0.45	0.39	0.13		0.47	0.05	0.18	0.0	0.29	-0.05	ARBEW
APGT	0.53	0.84	0.23	0.47		0.06	0.75	0.0	-0.15	-0.6	APGT
IPSI	0.62	0.28	0.49	0.05	0.06		-0.29	0.0	-0.33	-0.4	IPSI
NXTP	0.15	0.53	0.07	0.18	0.75	-0.29		0.0	-0.13	-0.38	NXTP
TMNA	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	TMNA
HUBCW	-0.3	-0.42	-0.25	0.29	-0.15	-0.33	-0.13	0.0		0.48	HUBCW
HUBCZ	-0.6	-0.65	-0.43	-0.05	-0.6	-0.4	-0.38	0.0	0.48		HUBCZ
	ARGQ	ARAT	APCXW	ARBEW	APGT	IPSI	NXTP	TMNA	HUBCW	HUBCZ

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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

APGT	+ 0.84	ARAT
NXTP	+ 0.75	APGT
ARAT	+ 0.66	ARGQ
IPSI	+ 0.62	ARGQ
APCXW	+ 0.59	ARGQ
APGT	+ 0.53	ARGQ

High negative correlations

HUBCZ	- 0.65	ARAT
HUBCZ	- 0.6	APGT
HUBCZ	- 0.6	ARGQ
HUBCZ	- 0.43	APCXW
HUBCW	- 0.42	ARAT
HUBCZ	- 0.4	IPSI

Risk-Adjusted Indicators

There is a big difference between Internet Pink Sheet performing well and Internet Infinity 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 Internet Infinity'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
ARGQ	8.38	1.28	0.04	4.81	11.49	(35.86)	28.85	(22.39)	181.66
ARAT	4.56	0.87	0.03	(0.89)	8.03	(51.04)	0.00	(1.85)	65.03
APCXW	13.75	2.29	0.11	0.68	13.66	(22.93)	60.00	(29.17)	120.00
ARBEW	7.17	1.08	0.09	(0.29)	7.17	(16.86)	20.00	(11.54)	84.87
APGT	12.84	(0.96)	0.00	0.18	0.00	0.00	33.33	(44.44)	168.33
IPSI	7.77	0.09	0.01	0.12	7.99	(12.92)	23.46	(15.38)	72.00
NXTP	4.97	(0.60)	0.00	(0.84)	0.00	0.00	8.74	(10.00)	28.18
TMNA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HUBCW	13.28	4.64	0.44	(1.28)	7.83	(25.16)	22.12	(13.79)	192.86
HUBCZ	44.56	16.39	0.52	(2.20)	22.88	(76.96)	196.92	(48.98)	326.14

Be your own money manager

Our tools can tell you how much better you can do entering a position in Internet Infinity 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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