Jushi Holdings Correlations
| JUSHF Stock | USD 0.35 0.04 12.90% |
The current 90-days correlation between Jushi Holdings and Green Cures Botanical is -0.02 (i.e., Good diversification). The correlation of Jushi Holdings 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.
Jushi Holdings Correlation With Market
Significant diversification
The correlation between Jushi Holdings and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jushi Holdings and DJI in the same portfolio, assuming nothing else is changed.
Jushi |
The ability to find closely correlated positions to Jushi Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jushi Holdings 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 Jushi Holdings - 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 Jushi Holdings to buy it.
Moving together with Jushi OTC Stock
| 0.69 | EC | Ecopetrol SA ADR Sell-off Trend | PairCorr |
| 0.66 | JPM | JPMorgan Chase | PairCorr |
| 0.61 | KO | Coca Cola | PairCorr |
| 0.7 | GE | GE Aerospace | PairCorr |
| 0.71 | JNJ | Johnson Johnson | PairCorr |
| 0.68 | IBM | International Business Sell-off Trend | PairCorr |
| 0.63 | WMT | Walmart Aggressive Push | PairCorr |
Moving against Jushi OTC Stock
| 0.7 | TEVA | Teva Pharma Industries | PairCorr |
| 0.49 | TEVA | Teva Pharmaceutical | PairCorr |
| 0.39 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.38 | MKKGY | Merck KGaA ADR Earnings Call This Week | PairCorr |
| 0.37 | PTAIY | Astra International Tbk | PairCorr |
| 0.37 | TLK | Telkom Indonesia Tbk Downward Rally | PairCorr |
| 0.36 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.34 | MKGAF | MERCK Kommanditgesells Earnings Call This Week | PairCorr |
| 0.32 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.64 | MSFT | Microsoft | PairCorr |
Related Correlations Analysis
| 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
|
Risk-Adjusted Indicators
There is a big difference between Jushi OTC Stock performing well and Jushi Holdings 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 Jushi Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GRCU | 35.80 | 9.13 | 0.17 | 1.65 | 25.84 | 100.00 | 150.00 | |||
| CNNA | 9.36 | 1.98 | 0.09 | 1.44 | 9.72 | 33.33 | 145.00 | |||
| RMRK | 5.37 | 1.11 | 0.00 | 4.87 | 0.00 | 33.33 | 58.33 | |||
| GXXY | 11.65 | 2.42 | 0.13 | 2.15 | 9.42 | 28.00 | 264.15 | |||
| INQD | 13.01 | 5.39 | 0.00 | 0.98 | 0.00 | 66.67 | 150.00 | |||
| SPBBF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CVGRF | 4.51 | 0.21 | 0.00 | 0.05 | 0.00 | 5.71 | 139.02 | |||
| BHHKF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LRSV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GCAN | 10.76 | 1.79 | 0.11 | 0.64 | 9.35 | 28.57 | 100.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Jushi Holdings 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?
Run Stocks Directory Now
Stocks DirectoryFind actively traded stocks across global markets |
| All Next | Launch Module |
Jushi Holdings Corporate Management
Elected by the shareholders, the Jushi Holdings' board of directors comprises two types of representatives: Jushi Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Jushi. The board's role is to monitor Jushi Holdings' management team and ensure that shareholders' interests are well served. Jushi Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Jushi Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Tobi Lebowitz | Chief Sec | Profile | |
| James Cacioppo | Chairman Founder | Profile | |
| Nichole Upshaw | Chief Officer | Profile | |
| Louis Barack | President, Founder | Profile | |
| Michael Perlman | Ex Relations | Profile | |
| Trenton Woloveck | Chief Director | Profile | |
| James Cabral | Chief Exec | Profile |