KonaTel Correlations
| KTEL Stock | USD 0.20 0.01 4.76% |
The current 90-days correlation between KonaTel and Liberty Broadband Srs is 0.05 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KonaTel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KonaTel moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
KonaTel Correlation With Market
Good diversification
The correlation between KonaTel and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding KonaTel and DJI in the same portfolio, assuming nothing else is changed.
KonaTel |
The ability to find closely correlated positions to KonaTel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KonaTel 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 KonaTel - 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 KonaTel to buy it.
Moving together with KonaTel OTC Stock
Moving against KonaTel OTC Stock
| 0.89 | MFG | Mizuho Financial | PairCorr |
| 0.83 | T | ATT Inc Aggressive Push | PairCorr |
| 0.83 | MUFG | Mitsubishi UFJ Financial | PairCorr |
| 0.83 | MZHOF | Mizuho Financial | PairCorr |
| 0.82 | SMFG | Sumitomo Mitsui Financial | PairCorr |
| 0.76 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.71 | SMFNF | Sumitomo Mitsui Financial Normal Trading | PairCorr |
| 0.6 | DTEGF | Deutsche Telekom | PairCorr |
| 0.4 | JPHLF | Japan Post Holdings | PairCorr |
| 0.88 | YPF | YPF Sociedad Anonima | PairCorr |
| 0.87 | SAPMF | Saipem SpA | PairCorr |
| 0.84 | OBYCF | Obayashi | PairCorr |
| 0.81 | DASH | DoorDash, Class A | PairCorr |
| 0.8 | XMTR | Xometry | PairCorr |
| 0.79 | BSIG | Brightsphere Investment | PairCorr |
| 0.78 | FRME | First Merchants Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.74 | GLPPRB | Global Partners LP | PairCorr |
| 0.72 | ESGLW | ESGL Holdings Limited | PairCorr |
| 0.7 | ZWS | Zurn Elkay Water | PairCorr |
| 0.61 | DMRC | Digimarc | PairCorr |
| 0.61 | PETS | PetMed Express | PairCorr |
| 0.6 | GM | General Motors Aggressive Push | PairCorr |
| 0.87 | HUT | Hut 8 Corp | PairCorr |
| 0.85 | GIFI | Gulf Island Fabrication | PairCorr |
| 0.85 | FNMFO | Federal National Mortgage | PairCorr |
| 0.83 | GLABF | Gemina Laboratories | PairCorr |
| 0.82 | RWAYL | MSCI ACWI exAUCONSUMER | PairCorr |
| 0.78 | AS | Amer Sports, | 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
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Risk-Adjusted Indicators
There is a big difference between KonaTel OTC Stock performing well and KonaTel 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 KonaTel'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LBRDA | 1.73 | 0.02 | (0.01) | (0.52) | 2.36 | 3.55 | 21.18 | |||
| ATNI | 2.27 | (0.88) | 0.00 | (1.27) | 0.00 | 3.91 | 31.68 | |||
| SHEN | 2.22 | (0.17) | 0.00 | (3.34) | 0.00 | 4.18 | 25.16 | |||
| KT | 1.44 | 0.05 | 0.01 | 0.76 | 1.86 | 4.23 | 11.99 | |||
| ATEX | 1.68 | (0.31) | 0.00 | (0.44) | 0.00 | 3.49 | 13.20 | |||
| LBTYK | 2.19 | (0.49) | 0.00 | 0.99 | 0.00 | 3.64 | 50.60 | |||
| LILA | 2.08 | (0.54) | 0.00 | 3.33 | 0.00 | 4.00 | 26.76 | |||
| LILAK | 2.07 | (0.54) | 0.00 | 4.65 | 0.00 | 3.64 | 26.66 | |||
| LBTYB | 3.19 | (0.53) | 0.00 | (0.82) | 0.00 | 5.40 | 47.48 | |||
| TEF | 0.80 | (0.25) | 0.00 | (1.09) | 0.00 | 1.86 | 5.95 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in KonaTel 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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Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. |
| All Next | Launch Module |
KonaTel Corporate Management
Elected by the shareholders, the KonaTel's board of directors comprises two types of representatives: KonaTel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of KonaTel. The board's role is to monitor KonaTel's management team and ensure that shareholders' interests are well served. KonaTel'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, KonaTel's outside directors are responsible for providing unbiased perspectives on the board's policies.
| David McEwen | Chairman CEO | Profile | |
| Brian Riffle | Chief Officer | Profile | |
| Paul LaPier | Consultant | Profile | |
| Todd Murcer | Exec Sec | Profile | |
| Charles Griffin | Pres COO | Profile | |
| Nicholas Metherd | Consultant | Profile | |
| Jason Welch | Pres Telecom | Profile |