Kohinoor Foods Correlations
| KOHINOOR | 30.68 0.83 2.63% |
The current 90-days correlation between Kohinoor Foods and Sarthak Metals Limited is 0.28 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kohinoor Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kohinoor Foods Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Kohinoor Foods Correlation With Market
Average diversification
The correlation between Kohinoor Foods Limited and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kohinoor Foods Limited and DJI in the same portfolio, assuming nothing else is changed.
Kohinoor |
The ability to find closely correlated positions to Kohinoor Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kohinoor Foods 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 Kohinoor Foods - 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 Kohinoor Foods Limited to buy it.
Moving together with Kohinoor Stock
Moving against Kohinoor Stock
Related Correlations Analysis
| 0.93 | 0.76 | 0.92 | 0.96 | 0.9 | 0.93 | SBCL | ||
| 0.93 | 0.8 | 0.85 | 0.95 | 0.97 | 0.95 | IDEAFORGE | ||
| 0.76 | 0.8 | 0.62 | 0.82 | 0.85 | 0.76 | SMLT | ||
| 0.92 | 0.85 | 0.62 | 0.88 | 0.83 | 0.85 | SYRMA | ||
| 0.96 | 0.95 | 0.82 | 0.88 | 0.94 | 0.94 | COMPUSOFT | ||
| 0.9 | 0.97 | 0.85 | 0.83 | 0.94 | 0.93 | DEVIT | ||
| 0.93 | 0.95 | 0.76 | 0.85 | 0.94 | 0.93 | ANKITMETAL | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Kohinoor Stock performing well and Kohinoor Foods 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 Kohinoor Foods' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SBCL | 2.37 | (0.41) | 0.00 | 0.78 | 0.00 | 4.03 | 13.62 | |||
| IDEAFORGE | 2.45 | (0.75) | 0.00 | (8.32) | 0.00 | 4.20 | 23.37 | |||
| SMLT | 2.41 | (0.70) | 0.00 | (46.39) | 0.00 | 4.94 | 18.96 | |||
| SYRMA | 2.81 | (0.26) | 0.00 | (2.02) | 0.00 | 5.95 | 26.86 | |||
| COMPUSOFT | 2.85 | (0.67) | 0.00 | (2.31) | 0.00 | 6.11 | 25.41 | |||
| DEVIT | 2.88 | (0.36) | 0.00 | (0.48) | 0.00 | 4.69 | 20.69 | |||
| ANKITMETAL | 2.76 | (0.93) | 0.00 | (168.21) | 0.00 | 4.76 | 14.72 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Kohinoor Foods 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 Competition Analyzer Now
Competition AnalyzerAnalyze and compare many basic indicators for a group of related or unrelated entities |
| All Next | Launch Module |
Kohinoor Foods Corporate Management
Elected by the shareholders, the Kohinoor Foods' board of directors comprises two types of representatives: Kohinoor Foods inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kohinoor. The board's role is to monitor Kohinoor Foods' management team and ensure that shareholders' interests are well served. Kohinoor Foods' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Kohinoor Foods' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Chashu Arora | Chief Officer | Profile | |
| Ankush Arora | Business Ventures | Profile | |
| Deepak Kaushal | Compliance Secretary | Profile | |
| Amit Arora | Business Exports | Profile |